Job Description
Job Description
Reporting to Director Program Finance, the Financial Analyst III plays an integral role in supporting the project team on understanding the project financials through financial analysis, forecasting the project profit and loss, variance analysis, financial impacts of contract terms and conditions, and other value-added analytics. Providing recommendations through clear communication and explanation of results is critical to this position. Leveraging a strong project accounting and compliance background, the Financial Analyst III will explore historical financial data, predict future results, and drive process and policy improvements.
The Financial Analyst III must have a strong knowledge of project accounting, contract terms and conditions understanding, experience in an operational environment and the ability to find opportunities to maximize project profitability and cash flow. Strong attention to detail and excellent interpersonal skills are critical. Process improvement and strong analytical skills will also be an important aspect to the role.
Note: This position is an 18-month limited term role with eligible benefits and 3 weeks' vacation. This position qualifies for an optional hybrid work schedule after 90 days of onsite work and onboarding. Employee will be subject to the terms of the Flexible Work Policy Agreement.
What you'll do
- Works as a business partner with operations to ensure project financials are a useful tool for the team to make business decisions accordingly.
- Works with the project team to create, maintain and present an accurate Estimate to Complete (EAC) while understanding the financial impacts of all project activity through reviews and discussions with the project team.
- Reviews and understands the terms and conditions of contracts and applies the knowledge to the project financials including the change order process, billing process and the operational instances which impact the profit and loss of a project.
- Reviews and analyzes project variances between forecast and actuals and provides explanations for a broader audience.
- Delivers a project revenue forecast in accordance with policies and working with the project team to develop accurate forecasts.
- Create and maintain an accurate cash forecast for projects and analyzing variances to actuals with explanations to a broader audience.
- Develops, maintains, and distributes ad-hoc reports and financial models as needed.
- Drives process improvement and policy development initiatives that impact the function.
- Attend and add value to project review meetings with the project teams by communicating financial impacts of current operations and forecasted costs.
- Implement and maintain sound internal controls for the projects including revenue recognition and reporting of profit and loss.
- Develops and/or maintains detailed process and procedure documentation.
- Assists Manager, Program Finance in presenting financial information including alternatives and support for recommendations.
- Reviews subcontractor progress and costs for accurate accruals in revenue and costs.
- Creates journal entries for accruals and analyzes support for accuracy and timeliness.
- Review overhead allocations and costs to the projects ensuring accurate profit and loss.
- Ensures month-end close is accurate and meets deadlines set forth by the Controller organization.
- Other duties as assigned.
- Undergraduate degree in Business or Finance.
- Preferred Professional accounting designation CPA or MBA.
- 5+ years of relevant experience with minimum 3 years experience in operational/project role.
- Advanced knowledge of Excel and proficient in other MS Office tools (Word/Outlook/PowerPoint).
- Experience in project accounting and firm knowledge of IFRS and ASPE in regard to revenue recognition.
- Understanding of enterprise resource planning (ERP) systems and/or in-depth knowledge of big data and data analytical systems.
- Excellent presentation and reporting skills, including the ability to communicate with others with tact and diplomacy.
- Strong attention to detail, problem solving, negotiating and analytical skills.
- Ability to work well under pressure while being adaptable and open-minded to change and improvements.
- Customer service orientation, self-starter and initiative driven. Ability to work within a team but also independently to address complex situation.
- Strong influencing and communication skills.
- Ability to manage multiple tasks and strong initiative and follow through skills.
- This role provides you a very competitive salary in line with the successful candidate's experience.
- We also provide a best-in-class health and wellness benefits package for this position that includes such things as full health care (including unlimited physiotherapy), dental, vision, medical leave coverage, Personal Spending Account and an Employee Family Assistance Program (EFAP) through Homewood Health.
- Parking is included and to assist those that are using transit, we operate a complimentary shuttle bus Monday through Friday with various pick up and drop off points around North Vancouver.
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About Us
Seaspan Shipyards is one of North America's most modern shipyards and unique in its ability to provide a complete range of services including new construction, conversion, refit, repair and life-cycle maintenance work for Canada's Coast Guard and Navy as well as commercial vessels including cruise-ships and deep-sea vessels. Seaspan Shipyards operations include Vancouver Shipyards, Vancouver Drydock and Victoria Shipyards.
To learn more, visit our website: www.seaspan.com
Seaspan is committed to Employment Equity, supports diversity in the workplace, and encourages applications from all qualified individuals including, women, members of visible minorities, Indigenous persons, and persons with disabilities. Furthermore, we are committed to providing an inclusive and accessible environment. If you require accommodation during the recruitment process, please let us know, and we will work with you to support your request. #J-18808-Ljbffr