Specialist II, Financial and Budget Analysis

  • Full Time
  • Calgary, AB
  • Posted on May 26, 2021
  • Vacancy: 2
  • Salary: 37.63 - $48.10 an hour

Specialist II, Financial and Budget Analysis

Salary $37.63 - $48.10 an hour
Job Type Full Time
Vacancy 2
Job ID 17234613
Employer name
Posted Date 26-05-2021
Expired at 26-02-2022


Résumé du poste

At Samsung Electronics Canada, we take pride in the creativity and diversity of our talented people – they are at the forefront of everything we do. Their skillset and mindset drive our continued success. We want the best of the best at Samsung to join our team, not just those who fit into our Culture but those who will ADD to our Culture and make Samsung an even better place to work.

Did we catch your attention yet?

If you want to work for one of the most recognized brands in the world and one of the Top 100 Employers in Canada…and have a ton of fun…. then please keep reading!

Our Perks:

  • Competitive Salary and Performance based incentive plan for all levels
  • Employer paid Medical and Dental coverage from day one
  • Group RRSP plan that helps you save for the future
  • Fantastic employee discount on all Samsung products
  • Subsidized Cafeteria; including free Starbucks coffee/latte machine
  • Access to Samsung U for 24/7 online learning
  • Employee Referral program- we want great talent like you!

Position Summary:

The Specialist, Financial & Budget Analysis, is accountable for managing standard cost files, developing P&L simulation tools as well as supporting month-end accounting activities.
The successful candidate will be assisting with organization’s short-term and long-term forecast process and financial reporting. This role involves continuous refinement of P&L accuracy in CO module and extensive use of spreadsheet technologies to increase and refine the information used by executive management in making key business decisions. The successful candidate will also be responsible for assisting a detail analysis of controllable overhead as well as fix cost to ensure organization is operating within its budget.

Rôle et Responsabilités

Essential Duties and Responsibilities:

Financial Analysis

  • Implement solid business planning process across organization to provide executive management with full transparency over Actuals /CMF/ Target / Management Plan / risks and opportunities
  • Provide business insight through analyzing financial results and presenting recommendations on future trends and financial forecast and its impact on operational objectives and goals
  • Establish and maintain linkage across sales and operational departments for more in-depth analysis of financial results
  • Perform variance analysis and what-if-scenario simulations to identify key variance drivers and provide business insights for financial risks and opportunities for executive management
  • Implement and manage solid data maintenance framework to ensure controllership over integrity and consistency of financial data across organization
  • Actively seek opportunities to introduce new value-adding financial analysis tools for use across organization and develop special reporting tools as required by senior executives
  • Maintain CO and combined profit database in MS Access for internal users

Budget Analysis

  • Monthly review and communicate budget with the budget owners in each department to effectively control its spending within the budget
  • Budget planning for monthly forecast and management plan through gathering information about activities that impacts the organization’s budget
  • Preparing monthly budget update reports and distributing them to executive management
  • Prepare budget variance report (Budget vs. Actual), and forecast variance analysis (CMF/Target vs. Actual)
  • Combine all divisional budgets together into a consolidated organizational budget and monitor organizational spending to ensure that it is within allocated yearly management plan budget
  • Provide guidance for additional budget request PUMI and review the PUMI for accuracy and completeness
  • Prepare cost comparison for different activities to achieve optimal cost efficiency
  • Recommend best practices regarding Accounting processes and policies. Actively apply a continuous improvement approach to work processes, including process automation, where applicable.
  • Co-ordinate and carry out administrative procedures requested by HQ, and ensure all divisions follow them and satisfy any requirements accordingly
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