Financial Analyst

The Financial Analyst will provide direct support to the Manager, Operations Controlling for all cost control activities including analysis, reporting and planning.

The successful candidate will:

• Prepare financial variance analysis and trending, with an emphasis on plant operations, which includes identifying cost drivers and analyzing how this impacts future financial and strategic decisions and recommend/implement corrective actions as required.
• Collaborate with cost owners in operational departments, specifically, to develop accurate budgets and forecasts through modeling and developing a deep understanding of operational cost drivers.
• Anticipate potential financial risks, proactively identify opportunities to mitigate these risks, and recommend corrective actions to management.
• Own and continuously improve detailed cost models for operations. Conduct annual product costing exercises, challenging historical assumptions and updating models as production processes evolve during ramp-up. Ensure models are adapted on an ongoing basis to reflect changes in mining and production processes during ramp-up. Build and maintain long-term planning models and impairment modeling for asset valuation. Analyze cost drivers and identify opportunities for efficiency and savings.
• Prepare monthly and quarterly variance reports comparing actual results to budget and forecast. Investigate and explain variances, providing actionable insights to management. Update forecasts as a result of insights gained through analysis and prepare reports/communications of significant changes and insights.
• Perform reconciliations and ensure accuracy of financial statements. Record and review complex transactions related to plant operations and capital projects.
• Coaching and training budget owners to enhance cost awareness, accountability and forecasting accuracy.
• Analyze inventory and variable costing related expenses throughout the month to ensure alignment with budget and forecast. This includes reviewing cost classifications and making corrections as required.
• Partner with plant leadership to provide financial guidance on operational decisions. Support capital project evaluations and cost-benefit analyses.
• Support month end procedures including preparation of journal entries, area cost and classification review and variance analysis of actual to forecast. This includes preparation of accruals which requires a comprehensive understanding of departmental costs and documenting and preparing reports regarding the same to communicate critical financial information to Management.
• Ensure timely and accurate financial reporting in accordance with corporate standards. Maintain compliance with internal controls and audit requirements.
• Identify, lead, and support improvements to business process and interfaces within the finance function and cross functionally
• Assist in managing the annual budget process including process enhancements, consolidation, analysis, and coordination of input from budget owners
• Perform monthly and quarterly balance sheet reconciliations in a timely manner to provide management with accurate financial information.
• Mentor Financial Analysts by working collaboratively on projects. Provide review and approval of Financial Analysts work to ensure accuracy and overall quality of the OPEX Controlling departments outputs.
• Prepare analytical reports on actuals, forecasts, annual budgets and KPIs to support sound decision making by the Senior Leadership team.
• Prepare timely and accurate forecast and budgeting deliverables for Parent Company, with an emphasis on delivery high quality information.
• Coordinate interdepartmental activities required to complete forecasts and budgets by developing interdepartmental calendars which will result in the completion of deliverables to the Parent company by the required deadlines. Implement continuous improvements to the existing process for budgeting and forecasting.
• Assist in the creation of operational and executive dashboards and assist in the coordination and execution of other IT initiatives as they relate to the OPEX Controlling department.

K+S Potash Canada recognizes the diversity of the workforce and encourages individuals with the equivalent combination of education and work experience.

Qualifying requirements for this role:

• CPA designation, in good standing, for 8+ years.
• 8+ years of experience management accounting, product costing, financial modeling, budgeting and controlling in a manufacturing/processing or mining environment required.
• Proficient skills in Microsoft office, superior skills using Microsoft excel, including power query and power BI an asset.
• Previous mining experience considered an asset.
• SAP experience considered an asset.
• Demonstrates fluency in English orally and in written form.
• Ability to work accurately under pressure.
• Ability to work with others as a team.
• Must be authorized to legally work in Canada.
• Successful candidates must be eligible to travel outside of Canada as travel may be required.

Successful candidates may be entitled to relocation assistance.

This is a 12 month term position.

Employment is subject to successfully completing KSPC’s pre-employment checks which may include criminal record check, education verification, functional fitness evaluation and drug & alcohol testing.