Financial Analyst - Industrial East
We are seeking a highly analytical and business-focused Financial Analyst to support financial planning, forecasting, and management reporting.
Reporting to the Senior Finance Manager, the Financial Analyst will take an active role in developing and maintaining overhead forecasts, analyzing actual results against budget and forecast, identifying cost and resource trends, and partnering with operational and functional leaders to improve the accuracy and visibility of financial projections. The role will also support the Equipment team through financial analysis, reporting, forecasting, and monitoring of equipment-related costs and financial performance, helping to identify trends, explain variances, and provide meaningful information to support operational and financial decision-making.
This hybrid position will be in Mississauga, ON, or Calgary, AB.
What You Will Be Working On
Develop, maintain, and continuously improve detailed rolling overhead forecasts and financial models across departments, incorporating current results, commitments, staffing changes, and updated business assumptions.
Analyze actual overhead costs against budget, forecast, and prior periods; identify key variance drivers, risks, and opportunities; and clearly communicate the expected financial impact to stakeholders.
Review payroll and headcount information to forecast salary-related overhead, including vacancies, new hires, compensation changes, transfers, and organizational changes.
Support standard costing and overhead recovery processes, including the development and review of standard rates, cost allocation methodologies, and analysis of actual costs and recoveries against established standards and forecasts.
Support annual budgeting and quarterly forecasting, including assumptions, templates, schedules, and consolidated reporting; in addition, provide monthly reporting packages that summarize results, forecast changes, key variances, and forward-looking considerations.
Prepare management presentations and financial analysis that translate detailed financial information into clear business insights and guidance on budgets, forecasts, expenditure trends, and cost management opportunities.
Build effective relationships with operational and functional leaders to strengthen financial accountability and forecasting discipline.
Use Excel and financial/ERP reporting tools to analyze large volumes of financial and operational data and improve forecasting and reporting through automation and standardization.
Develop and maintain equipment cost forecasts for repairs and maintenance, rentals, fuel, depreciation, labour, and other expenditures; analyze monthly results against budget and forecast; investigate significant variances; prepare accruals; and identify emerging trends and operational drivers.
Analyze equipment utilization and financial performance to identify underutilized assets, changing cost patterns, and opportunities to improve equipment deployment.
Monitor equipment revenue and cost recoveries, including internal equipment charges to projects, and analyze whether recovery levels are aligned with the underlying cost base.
Support capital expenditure planning and prepare analysis for equipment purchases, replacements, major repairs, purchase-versus-rent decisions, and disposals.
Support quarter-end and year-end processes by reviewing equipment-related results, preparing accruals, clearing accounts, reconciling subledgers to general ledgers, and finalizing financial results.
Provide ad hoc financial modelling and analysis to support equipment planning, cost management, and operational decision-making.
What We Are Looking For
Bachelor’s degree or diploma in Accounting, Finance, Business, Economics, or a related discipline.
CPA designation, progress toward a CPA designation, or equivalent financial experience is an asset.
Strong understanding of IFRS reporting, specifically IFRS 16 Leases , is an asset.
Approximately…