Job Description

Position: Financial Analyst

Reports To: Controller

Role Location: In Office - Mississauga

Position Type: Full-Time Permanent

Schedule: Monday - Friday

About Rapid Aid:

Rapid Aid is a global leader in the healthcare industry, specializing in the development and manufacturing of medical devices and Natural Health Products and we are seeking a Financial Analyst to join their finance team. This is an exciting, newly created role that will play a pivotal part in shaping the future of the company's product development and quality initiatives.

Position Overview:

The Financial Analyst is responsible for maintaining the existing costing system, establishing new product manufacturing costs, providing analysis and participating in the month / year-end finance and accounting processes

Key Responsibilities:

Develop, maintain, and update product costing for Canadian operations, collaborating closely with production teams to assess labour and material needs. Coordinate with procurement to obtain quotes on raw materials and freight. Review and finalize product costing for our Asian locations, ensuring accuracy and alignment with overall company standards. Update production labour records and contribute to the development and maintenance of standard labour rates. Manage Bill of Materials (BOMs), routings, and overhead rates within the system to ensure smooth production workflows. Initiate and maintain records for new raw materials and finished goods in the system, ensuring all product details are accurately recorded. Serve as a backup for the accounting team as needed, providing timely support during critical periods. Assist with month-end and year-end accounting processes, including account reconciliations, analysis, and reporting: Perform monthly inventory reconciliations, reporting, and analysis. Review variances and post inventory adjustments; provide support to annual physical inventory counts. Prepare monthly production report Prepare monthly warehouse analysis report Prepare sales and cost reports and analyze cost variances. Prepare Gross Margin (GM) analysis by customer and SKU and develop other reports to support the company's objectives. Assist with balance sheet reconciliations and year-end working papers for annual review. Assist with forecasting and ad-hoc scenario analysis Support financial statement analysis and reporting. Conduct analysis and prepare reports to support the sales team, providing valuable insights and data for decision-making.

Skills and Qualifications:

Bachelor's degree in finance, accounting, or related field.


5 years' experience in accounting /finance preferably in a manufacturing setting. Cost Accounting experience preferred. CPA designation or working towards it. Strong analytical and computer skills are required. Excel super user (pivot tables, VLOOKUP, macros, ability to manage large amounts of data). Understanding of ERP systems (Microsoft Dynamics 365, Power BI). Experience using Jet Report is a bonus but not necessary Advanced problem-solving and critical thinking in compiling and analyzing information. Ability to understand cross-functional impact and communicate with stakeholders. Strong communication and interpersonal skills.

Why Join Us?

Be a part of a global leader in healthcare product development and innovation. Work in a dynamic, collaborative environment that values quality, research, and continuous improvement. Enjoy the opportunity to develop and grow within a company that prioritizes employee development and success. We provide all of our employees with a medical and dental plan, paid personal days, RRSP program and more!

Apply Today!

If you are a passionate and driven financial analyst interested in global manufacturing, we encourage you to apply and take the next step in your career.