Financial Analyst

About This Role

The Financial Analyst assists management with financial oversight for a portfolio of remote operating sites, each governed by unique commercial agreements and varying customers. This involves supporting month-end close and reporting, analyzing profit and loss, reviewing balance sheets, and contributing to forecast and budget reviews. The role also includes ad hoc financial analysis to control expenses and improve financial performance, with daily interaction with operational sites and internal customers to provide financial support.

Responsibilities

• Review and approve remote sites' month-end close
• Assist with the development of monthly forecasts and annual budgets for assigned sites; review site submissions and provide feedback
• Analyze the financial performance of assigned sites and provide explanation of significant variances in performance against budget and forecast
• Assist with the training and development of site managers in sound commercial and financial processes
• Review sites' working capital position with a focus on outstanding accounts receivable and help resolve collection issues and monitor customer financial condition
• Assist with the development of site targets in support of the business unit annual budget
• Assist with completing the monthly management reporting to include the trading document, corporate consolidation reporting, new business reporting, corporate commentary, etc.
• Ensure accounting controls and policies are applied appropriately
• Review and provide feedback on balance sheet reconciliations
• Assist in the selection of site associates performing financial activities
• Provide financial support and analysis to Business Development and Operations teams in the development of commercial proposals
• Prepare and manage approval process for all contract renewals and new business awards
• Participate in ongoing decisions regarding site financial and commercial risks
• Analyze capital expenditures for new business, including financing method (buy vs. lease)
• Liaise with Purchasing, Real Estate, Contract Administration and Operating teams to ensure that commercial and financial risks and exposures are highlighted
• Drive site start-ups for billing, labor tracking, capex approval, start-up spend and operational site budgets
• Assist with the development and monitoring of profit improvement plans for underperforming sites
• Identify opportunities for improvement of site financial performance and document how to leverage the portfolio
• Establish a positive relationship with internal and external teams
• Serve as an interface between site operations and other functional teams to ensure effective operational and commercial support