Budget Analyst Jobs

Reporting to the Director of Finance, and a member of the Finance team, the Budget Analyst is responsible for delivering high-quality financial analysis and budgetary support across an international, growing company in a competitive manufacturing sector. The Budget Analyst must be highly analytical and detail-orientated to support cross-functional collaboration with all other departments for budgeting, costing, and maintaining variance analysis reporting. They must have strong critical thinking skills, be a strong collaborator, and an effective communicator.

Budgeting and Forecasting

• Track departmental OpEx & CAPEX budgets by providing Actual vs Budget variance analysis as well as TO-GO analysis reporting.
• Actively identify opportunities aimed at driving efficiencies, automating processes, and developing best practices.
• Develop, review, and analyze department budgets including working collaboratively across all departments to support budget development, review, and analysis, including raising anomalies or concerns.
• Prepare ad hoc reports for management as required.
• Prepare ratio analysis of YTD income statement to provide insights into Performance and identify key cost drivers to provide a baseline for the next year budget, as well as assist in preparation of the year-end forecasts.
• Assist the Director of Finance in preparing the month-end presentation reports for management’s review of the progress in OpEx & CAPEX.

Costing

• Collaborate with the Logistics team to set standard freight, brokerage, and storage costs for major suppliers and ports of origins.
• Collaborate with the Supply Chain team to set standard costs for OEM modules.
• Assist the Director of Finance to map all cost drivers included in the cost of sales.
• Support effective project accounting through maintenance and updating of the chart of accounts.
• Work with the Supply Chain team to set standard cost per item for the raw materials.
• Prepare absorption rate for manufacturing overheads keeping in view of the Production capacity.
• Prepare purchase price variance analysis for all trade vendors including raw materials, OEM, freight, brokerage, and storage.
• Collaborate with Operations to track all manufacturing overheads against their cost centers.

Reporting, Analysis, and Continuous Improvement

• Build relevant dashboards in the Business Intelligence software with key company data and visuals for leaders of the company to use for collaborative analysis and decision-making.
• Key strategic partner in strategic planning, annual operating budget, and monthly forecasts
• Participate in the preparation of monthly/quarterly management reporting for the leadership team.
• Identify and investigate monthly and quarterly variances to budget and forecast.

Minimum Qualifications:

Bachelor’s degree in accounting/finance or related field, or equivalent combination of experience/degree with at least three (3) years minimum of experience of working in an accounting and/or analyst role or an equivalent combination of education, training, and experience.

• Good oral and written communication is a must.
• Creating reports using Business Intelligence tools such as Power BI as well as Excel skills including pivot tables, power query, advanced Excel functions & macros.
• Accounting Knowledge of US GAAP and IFRS is an asset.
• CPA or working towards CPA designation is considered an asset.
• Advanced Computer Skills required in MS Excel and Word.
• Strong analytical skills, and capability to drive insights from financial models.
• Good organization and people skills with the ability to maintain relationships and support a team environment.
• Applicants must have excellent attention to detail, organizational skills, problem-solving, and the ability to multi-task.
• Ability to work in time-sensitive environments with competing deadlines maintain high degree of accuracy.

Positions are open to all qualified applicants, although preference will be given to Canadian citizens, permanent residents, and those qualified to work in Canada. Heliene is strongly committed to fostering diversity and inclusivity within our organization and is an equal-opportunity employer. Heliene invites and encourages applications from all qualified candidates from equity-deserving groups and all qualified applicants will receive consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.

In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, upon request, accommodation will be provided by Heliene throughout the recruitment, selection, and/or assessment process for applicants with disabilities.