Financial Analyst

Position**:Financial Analyst**

Location**:Mississauga, Ontario**

***Reports to: Director of Finance

**Job Type**: Full Time

Job Category: Finance

Industry: Commercial and Institutional HVAC

Temspec Inc. is an original equipment manufacturer (OEM) of heating and cooling equipment for the North American school and high-rise condominium / hotel markets. We are a team of problem-solvers who understand issues deeply and are creative in adding value for our customers. We place great emphasis in practicing our core values of Fair and Caring, Reliable and Accurate, Consistent and Curious.

Reporting to the Director of Finance, the Financial Analyst is a key member of a dynamic finance team responsible for ensuring the smooth operations of the accounting, finance, and administrative functions of Temspec. This role is responsible for obtaining and compiling financial and cost accounting information that will be used in financial reporting, job costing, budgets, forecasting and analysis of operating expenses. The Financial Analyst will use Visual Manufacturing ERP program to maintain general ledger, perform inventory and bank reconciliations, and execute full accounting cycle from sub-ledger activity to financial statement reporting.

This position is on-site, and we are looking for people who share our purpose of making comfortable living environments, sustainably.

**Core Responsibilities**:

- Assist the Director of Finance with the management of Visual Manufacturing (ERP system) data integrity and utilization through testing, modeling, and continuing education.
- Perform month-end closing by ensuring accurate month end cut off, running costing utilities and reconciling Manufacturing Reports to Financial Reports and GL (Inventory, WIP, PO Accrual), reconciling GL to Sub-ledger reports, preparing Bank and Balance Sheet accounts reconciliations.
- Assist in the creation and management of annual budget, and subsequent tracking of actual results versus budget. Investigate significant variances as necessary.
- Prepare month-end reports for management reviews and year-end documentation for external auditors.
- Assist with the annual physical inventory count.
- Perform inventory adjustments as and when required to correct errors or discrepancies.
- Update weekly Cash Flow Forecast report.
- Ensure confidential information is secured and complies with privacy legislation.

***Other Responsibilities**:

- Prepare and file HST reporting to CRA and make necessary journal entries.
- Work with production staff to analyze actual versus standard with respect to material costs and labour hours, and update material and labour cost estimates.
- Work with the Director of Finance to analyze the gross profit performance of jobs.

**Special Projects**:

- Opportunity to participate in special projects such as:

- Assisting the Process Improvement Specialist in continuous improvement projects.
- Assisting the Finance Director in ROI analysis for major projects as needed.

**Qualifications**
- Bachelor’s degree (Accounting, Business or Commerce) and / or pursuing a professional accounting designation.
- Minimum 3 years of progressive work experience in a similar role; preferably with experience working in a manufacturing environment.
- Experience working with ERP systems, Visual Manufacturing would be an advantage.

**In addition to the afore-mentioned qualifications and experiences, we are looking for individuals who can make a difference by consistently demonstrating the following traits**:

- A high degree of problem-solving, analytical, and decision-making skills.
- Excellent verbal and written communication skills with the ability to interact with all levels within an organization.
- Proactive and able to work with mínimal supervision and in a team-based environment.
- Possess a continuous improvement mindset, curiosity, and a personal desire to learn about the business with the objective of adding value to both internal and external customers.
- Resourceful, solution-focused, and comfortable working with other departments.