The Senior Financial Analyst will provide direct support to the Manager, Operations Controlling for all cost control activities including analysis, reporting and planning.
Prepare financial variance analysis and trending, which includes identifying cost drivers and analyzing how this impacts future financial and strategic decisions and recommend/implement corrective actions as required.
Collaborate with cost owners across various departments to prepare budgets and forecasts, with great attention to detail to ensure accuracy and integrity of data and information provided. This requires exhibiting professional skepticism to challenge cost owners on their costs and seek opportunities for cost savings.
Anticipate potential financial risks, proactively identify opportunities to mitigate these risks, and recommend corrective actions to management.
Coaching and training budget owners to enhance cost awareness, accountability and forecasting accuracy.
Analyze inventory and variable costing related expenses throughout the month to ensure alignment with budget and forecast. This includes reviewing cost classifications and making corrections as required.
Support month end procedures including preparation of journal entries, area cost and classification review and variance analysis of actual to forecast. This includes preparation of accruals which requires a comprehensive understanding of departmental costs and documenting and preparing reports regarding the same to communicate critical financial information to Management.
Gain deep understanding of operational processes and use the knowledge to enhance financial modelling, costing models, scenario analysis etc. to support budgeting, forecasting and Management decision making. Provide financial leadership in cross functional teams. Cross train Financial Analysts on financial models.
Identify, lead and support improvements to business process and interfaces within the finance function and cross functionally.
Analyze project financial information, trends and metrics to facilitate development of forecasts. Develop project reports to be used by project managers which summarize financial performance and highlight key trends.
Assist in managing the annual budget process including process enhancements, consolidation, analysis, and coordination of input from budget owners.
Review, update and develop accounting policies and procedures for IFRS compliance and process improvement.
Perform monthly and quarterly balance sheet reconciliations in a timely manner to provide management with accurate financial information.
Mentor Financial Analysts by working collaboratively on projects. Provide review and approval of the work done by Financi