Sr. Financial Analyst

ENABLE your future through light. 

Excelitas is a global technology leader with more than 7,500 employees, focused on delivering market-driven solutions to fulfill the illumination, optical, detection and imaging needs of OEMs and end-users across the biomedical, semiconductor, industrial, consumer products, scientific, security, defense and aerospace sectors. 

ENGAGE with us today and make your contribution to the future! Join the team that leading technology companies turn to for cutting-edge photonic innovation. At Excelitas Technologies you are how we EXCEL. 

Our facility in Mississauga, Ontario has key positions in Sales, Marketing, Research & Development, Engineering, Manufacturing, Customer Support and other disciplines. Operating since 1984, this site specializes in the design, development, manufacturing and marketing of a broad portfolio of innovative LED and Lamp technology. The Toronto facility serves a variety of markets such as electronics, optoelectronics, digital printing, general assembly, coatings, and medical device manufacturing, as well as endoscopy, bioscience research, microscopy and instrumentation.

The Mississauga facility is an FDA registered Contract Medical Device Manufacturer.

We are currently seeking a Sr. Financial Analyst  who will serve as a trusted business partner for a dedicated product line within a division of the business. In this role, they provide critical support and insights, acting as a trusted advisor on decision-making data, customer RFQ/business case pricing, and margin performance. The Sr. Financial Analyst is also responsible for tracking R&D projects, analyzing performance metrics, managing P&L, contributing to Division Operating Reviews, and evaluating other key performance indicators (KPIs).  This position is located in Mississauga, Ontario, and reports directly to Life Sciences & Medical Division Finance Director.

Main Responsibilities:

Business Support:

• Business partner to Product Managers & R&D Leaders.
• Provide tools and analytics to explain P&L and FOCF drivers, and insight to improve future performance with a goal to add value that can assist in decision making and optimized results
• Communicate variance analyses to relevant managers
• Project and NPI tracking, Phase gate reviews (from R&D to production)
• Division MORs supporting schedules and analytics
• Price Impact reviews & actions
• Outside-in focused support, that helps us best serve our customers and deliver profitable growth

Forecasting/Budgeting:

• Forecast Product Line sales and standard margin for serial and non-serial content; requires partnering with front-end on sales forecast
• Forecast R&D and S&M functional expenses; requires partnering with functional leaders for their input on known changes to trend
• Upload the forecast data into Hyperion Financial Planning (HFP).
• Check final Management Reporting P&L incl. OCOGs (provided by Ops Controlling) for respective Product Groups
• Improve forecast accuracy with consideration to execution accuracy and understanding key business drivers

Month End Close:

• Manage GAAP revenue recognition schedules incl. estimated cost to complete and related analysis for JE’s, and related sales, bookings and backlog analysis / reporting
• R&D projects (tracking, performance, analysis for JE’s)
• Analysis / guidance to support allocation processes to allocate expenses to cost centers and profit centers
• Standard margin reporting and Product Line margin expansion summaries
• Analyze sales and margin; explain variances (key SOX Control).
• Analyze monthly financial expenses for R&D and S&M; explain variances (key SOX Control).
• Product Line Sales, EBITDA, FOCF financial bridges to explain the results (input on cost, COGs variances from Ops Finance).

Special Projects:

• Systems projects
• On a select-basis: additional reporting / business case support for large NPIs, Product Transfers, Investments / IRM, M&A
• Provide support for external audit on revenue and/or business questions
• Audit support for relevant activities

Requirements:

• 5+ years of experience in Finance or Accounting.
• Possess a bachelor’s degree in Finance or Accounting, or relevant experience. MBA preferred.
• QAD, SAP, BI, S4/HANA and forecast tool knowledge is desired.
• Have proficiency in MS Office.
• Experience supporting a manufacturing organization. Government contract experience a plus;
• Strong financial and business acumen
• Ability to work cross functionally with all levels of the organization
• Be a change agent, and drive and support the organization projects
• Combines diligent work ethic with high intellectual curiosity.
• Thrives in a culture that encourages performance, teamwork and accountability
• Experience working in an ISO9001, 14001, 13485 certified, and/or FDA QSR compliant environment is an asset.

Equal Opportunity/Affirmative Action Employer 
Minorities/Females/Disability/Gender Identity/Sexual Orientation 
Excelitas is seeking leaders and innovators to join our global team! Visit: https://jobs.excelitas.com/