General information

Reference

2023-1371

Position description

Job Title

Costing & Financial Analyst

Company Details

Septodont is a leading manufacturer of dental pharmaceuticals and medical devices. The French-based company employs over 1,800 people globally. We have six manufacturing plants in France, India, North and South America, and an international distribution network that is dedicated to serving the needs of dental professionals in more than 150 countries. Our North American operations has facilities in Ontario, Montreal, and Pennsylvania. It also has Latin American operations with facilities in Brazil and Colombia.

In Cambridge, we have subsidiary called Novocol Pharma which focuses on contract development and manufacturing, specialized in sterile injectable cartridge and combination product manufacturing.

Our employees are our number one asset! We offer developmental opportunities, excellent compensation and benefits programs, discounted gym memberships, work/life balance programs, employee recognition, social events, and spirit days.

Job Summary

Reporting to the Operations Controller, the Costing & Financial Analyst is responsible for all activities relating to cost accounting and financial analysis projects. This individual is involved with various levels of the organization, providing recommendations for continuous improvements, ensuring consistent application and compliance on the processes, systems and reporting that impact finance. Duties include working with multiple currencies, companies and operating locations within North America and Europe.

Responsibilities

• Performs a variety of cost accounting activities in a timely manner including:

• Analyzing actual production and product costs versus standard costs
• Assisting with preparation of Manufacturing P&L and cost per box calculations
• Preparing monthly production variance reports
• Examining costs that seem contrary to past experience
• Preparing statistical reports for the comparison of costs and determining profitability by product

• Checks, reconciles and analyzes financial information, posts journal entries and assists in the timely preparation of monthly financial statements and corresponding monthly reporting and account reconciliations, ensuring financial standards and policies are being followed and financial records comply with IFRS and various regulatory requirements
• Assists with inventory management and inventory cycle counts
• Updates and maintain standard costing file used to calculate the product standards
• Updates ERP software for changes in the product standards on an annual basis and as needed for new products
• Completes corporate working paper reconciliations for external auditors, including providing assistance in their understanding of the companies costing system and inventory valuation
• Works with other departments including Production, Engineering and Project Managers to prepare costing estimates for new products or proposed changes in product costs or manufacturing processes
• Provides technical ERP and costing advice to assist in developing reports including acting as the team leader on the initiatives to ensure timely research, development and co-ordination of data from the various departments
• Creates, prepares and suggests improvements to cost accounting analysis for products in research and development and forecast projected costs once under commercial production
• Understands the importance of data integrity to assist in developing reports including Business Intelligence (BI) and corporate performance management (CPM) reporting
• Assists in financial projects as assigned by the Operations Controller
• Projects may include (but are not limited to) updating accounting policies to procedures to comply with the latest IFRS standards and/or creating communications to illustrate compliance with IFRS standards
• Manages the collection of data, analyzes and prepares reports using costing analysis for economic improvements, cost control, profit determination and business development
• Performs other related duties and or special projects as required in the finance department
• Ensures all activities are performed with the highest ethical standards and in compliance with all company policies and procedures
• Observes and supports all safety guidelines and regulations
• Follows GMP and regulatory requirements and ensures quality standards are met
• Models the company mission, vision and values statements, policies, and current standard business practices

Qualifications

Education

• University degree in areas such as Accounting, Business Administration and Finance
• Has or is in the process of completing a recognized Accounting Designation

Experience

• Minimum 5 years of significant work experience, preferably in a manufacturing environment
• Proficient understanding of the inventory and product costing processes and related reporting
• Strong organizational skills with the ability to coordinate and meet project timeliness
• Proven analytical skills with the ability to evaluate, to troubleshoot and recommend resolutions
• Strong ability to develop new processes and standards
• Strong attention to detail with emphasis on accuracy and meeting financial deadlines and compliance
• Demonstrated interpersonal skills with the ability to effectively work with staff, management, external resources and auditors
• Advanced level MS Office Suite skills, with an emphasis on advanced level Excel
• Experience with business ERP Systems required; Microsoft AX system, SAP and Microsoft Power BI would be considered an asset
• Excellent communication skills (both verbal and written)
• Ability to work in a demanding environment with proven multi-tasking skills

For internal applicants, please note this is a Level 9 role.

Contract type

Permanent

Candidate criteria

Minimum level of education required

3- Bachelor

Minimum level of experience required

6-10 years

Languages

English (3- Advanced)

Position location

Job location

North America, Canada, Cambridge

Location

25 Wolseley Court N1R 6X3 Cambridge