Financial Analyst

Concord, ON
Permanent
Full-time

1 day ago

Change the future with us.We are looking for dedicated and talented people who tackle ever-changing challenges, customer needs, and questions from colleagues with clever concepts and creativity. We embrace change and work with curious minds re-inventing the future of work. Join us and let us focus together on what's truly important: making lives better with new ideas and the latest technology around the world.Why you'll love working for Siemens!

Freedom and a healthy work- life balance- Embrace our flexible work environment with flex hours, telecommuting and digital workspaces.
Solve the world's most significant problems - Be part of exciting and innovative projects.
Engaging, challenging, and fast evolving, cutting edge technological environment.
Opportunities to advance your career and mentorship programs on a local and global scale.
Competitive total rewards package.
Profit sharing available.
Rewarding vacation entitlement with the opportunity to buy and sell your vacation depending on your lifestyle.
Contribute to our social responsibility initiatives focused on access to education, access to technology and sustaining communities and make a positive impact on the community.
Participate in our celebrations, social events and offsite business events.
Opportunities to contribute your innovative ideas and get paid for them!
Employee perks and discounts.
Diversity and inclusivity focused.

Siemens is proud to be an eight-time award winner of Canada's Top 100 Employers, Canada's Greenest Employers 2025 and Canada's Top Employers for Young People 2025.What will you do?The Financial Analyst supports financial planning, cost management, and reporting activities by partnering closely with Cost Accountant and other Finance team members. This role contributes to accurate product costing, budgeting and forecasting processes, month-end close activities, and continuous improvement initiatives, including digitalization and automation.Responsibilities:

Develop, manage, and support budgets and financial forecasts to guide business planning and decision-making
Partner with the Cost Accountant to support standard product cost calculations, including material, labor, and overhead components
Assist with cost roll-ups, cost updates, and variance analysis, identifying key drivers and explaining variances versus standards, budgets, and forecasts
Analyze financial data to identify trends, variances, risks, and opportunities for cost savings or revenue enhancement
Work closely with the Operations teams and cost center managers to monitor and control costs to ensure expenditures align with approved budgets and financial targets
Support the month-end close process, including preparation of journal entries, account reconciliations, and related analyses
Evaluate accounting records and prepare accurate and timely financial reports for management and stakeholders
Communicate financial insights, analyses, and recommendations to cross-functional partners and senior management
Ensure compliance with financial policies and regulations, and support internal and external audits as required
Drive process improvement, digitalization, and automation by identifying inefficiencies, enhancing data accuracy, and improving reporting efficiency
Participate in special projects and ad hoc analyses, providing financial and analytical support to meet evolving business needs
Perform additional duties as required to support Finance and cross-functional objectives

What will you need to succeed?

Bachelor's degree in Accounting, Finance, or a related field
3 - 5 years of progressive experience in a similar finance role, preferably within a manufacturing environment
Exposure to standard costing, inventory, and cost of goods sold (COGS) analysis is an asset
Experience supporting month-end close activities, including journal entries and account reconciliations
Familiarity with internal controls, audit processes, and compliance requirements
Strong analytical and problem-solving skills with the ability to interpret and explain complex financial data
Advanced proficiency in Microsoft Excel; experience with ERP systems (e.g. SAP) is an asset
Experience with Power BI and AI-driven analytics to support reporting and decision-making is an asset
High attention to detail, with a strong focus on accuracy, controls, and data integrity
Effective communication skills, with the ability to present financial insights to cross-functional partners and management

Salary: Salary is commensurate with experience, and ranges between $ 65,000CAD - $ 90,000 CAD, excluding bonus and benefits. In addition to base salary, this role includes eligibility for an annual discretionary bonus of 10% base salary, based on Company performance metrics.About us.We share our ideas and champion the people behind them.Siemens Canada is a leading technology company focused on industry, infrastructure, mobility and healthcare. The company's purpose is to create technology with purpose, transforming the everyday, for everyone, since 1912. By combining the real and the digital worlds, Siemens empowers its customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more liveable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.In fiscal 2024, which ended September 30, 2024, Siemens Canada had revenues of approx. $2.2 billion CAD. The company has approximately 4,400 employees from coast-to-coast and 37 office and production facilities across Canada.To learn more about Siemens Canada, visit our website atWhile we appreciate all applications we receive, we advise that only candidates under consideration will be contacted.#LI- HybridSiemens is committed to creating a diverse environment and is proud to be an equal opportunity employer. Upon request, Siemens Canada will provide reasonable accommodation for disabilities to support participation of candidates in all aspects of the recruitment process. All qualified applicants will receive consideration for employment.By submitting personal information to Siemens Canada Limited or its affiliates, service providers and agents, you consent to our collection, use and disclosure of such information for the purposes described in our Privacy Notice available at . Siemens s'engage à créer un environnement diversifié et est fière d'être un employeur souscrivant au principe de l'égalité d'accès à l'emploi. Sur demande, Siemens Canada prendra des mesures d'accommodement raisonnables pour les personnes handicapées, dans le but de soutenir la participation des candidats dans tous les aspects du processus de recrutement. Tous les candidats qualifiés seront pris en considération pour ce poste.En transmettant des renseignements personnels à Siemens Canada limitée ou à ses sociétés affiliées, à ses fournisseurs de services ou à ses agents, vous nous autorisez à recueillir, à utiliser et à divulguer ces renseignements aux fins prévues dans notre Déclaration de protection de la confidentialité, que vous pouvez consulter au .

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