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Senior Analyst, Cost Analytics, Financial Analytics and Planning - Jobs in Toronto

Job LocationToronto
EducationNot Mentioned
SalaryNot Mentioned
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent

Job Description

Job DescriptionThe Senior Analyst of Cost Analytics is responsible for supporting the organization #39;s operational strategy to align with financial objectives, ensuring that resources are optimally allocated to support business priorities. As a crucial part of the team, the responsibilities include assisting in the implementation of enterprise-wide key performance and/or operating indicators for specific cost categories, supporting the execution of departmental and project financial plans and forecasts and independently executing month-end financial closing activities.In this role, you will contribute to fostering a culture of continuous improvement to advance processes and reporting within the team. You will apply advanced analytics methods to understand cost drivers better. As a member of the Cost Analytics team, you will help ensure the completeness and accuracy of cost measurements. The Associate / Senior Analyst of Cost Analytics will report to the Manager of Cost Analytics within the Financial Analyticsamp; Planning Team.Key responsibilities Include:

  • Develop, update, and maintain cost models, trends analysis, and dashboards through various tools (e.g., Oracle, Standard Query Language (SQL)) to extract, manipulate, and understand data.
  • Efficiently prepare monthly, quarterly, and annual cost reporting and analysis for departments and initiatives (operating expenses and capital expenditures), with a mindset of continuous improvement and automation to increase operational efficiencies.
  • Support the Finance Business Partners by partnering with all departments and Product Owners to produce annual budgets and quarterly forecasts.
  • Support month-end financial closing activities, including reviewing accruals to ensure accurate financial results for departments and projects.
  • Assist in the development and implementation of cost allocation methodologies and reporting.
  • Contribute to system changes and upgrades by providing input into requirements and coordinating or executing user acceptance testing.
  • Contribute to the development of cost governance documents, internal control policies, and procedures.
  • Prepare documentation to support reviews conducted and demonstrate compliance with internal policies and procedures, financial controls, and reporting requirements.

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