Financial Analyst - 12 Month Term

K+S Group•Saskatoon, SK

8d•Onsite

About The Position

The Financial Analyst will provide direct support to the Manager, Operations Controlling for all cost control activities including analysis, reporting and planning. The successful candidate will prepare financial variance analysis, collaborate with cost owners for accurate budgets and forecasts, anticipate financial risks, and continuously improve cost models. The role involves conducting annual product costing, adapting models to production changes, building long-term planning models, and analyzing cost drivers for efficiency. The analyst will also prepare monthly/quarterly variance reports, investigate variances, update forecasts, perform reconciliations, record complex transactions, and coach budget owners. Additional duties include analyzing inventory, partnering with plant leadership, supporting capital project evaluations, and assisting with month-end procedures. The position also involves ensuring timely and accurate financial reporting, maintaining compliance with internal controls, identifying process improvements, assisting with the annual budget process, performing balance sheet reconciliations, mentoring other Financial Analysts, and preparing analytical reports for senior leadership. The role also includes preparing timely and accurate forecast and budgeting deliverables for the Parent Company, coordinating interdepartmental activities, implementing continuous improvements to budgeting/forecasting, and assisting with operational/executive dashboards and IT initiatives.At K+S Potash Canada, we’re building more than just a world-class potash operation. We’re creating opportunities for our people, our communities, and our planet. Guided by our global values, we dig deeper and reach higher, turning challenges into opportunities with innovation, collaboration, and sustainability at the core of everything we do. In a career with K+S, you can look forward to: Good People and Great Culture Be part of a diverse, inclusive workplace where safety, innovation, and teamwork come first, and where teams consistently act with focus, accountability and connection to drive stronger results. Community-minded and globally connected Collaborative, supportive environment Culture rooted in clear principles that help us work better together Focus on inclusive policies and growing diversity in our workplace Challenge and Growth We believe in unlocking your potential through training, mentorship, and career advancement. Professional development programs Recognition for your contributions Valuable Rewards We take care of our people with competitive pay and a comprehensive benefits program. Market-aligned salaries and performance bonuses Generous employer-paid benefits coverage Retirement plan contributions that grow with your career Benefits that Support You Our benefits go beyond the basics, supporting your health, well-being, and lifestyle. Our comprehensive, employer-paid benefits program includes Life, Disability, Health and Dental, as well as competitive Retirement benefits, Employee and Family Assistance Program, parental leave top-up for birthing and non-birthing parents, paid work time to volunteer in your community, and more! We offer a Health Spending Account for extras, like more expensive glasses, or a Wellness Account that covers recreational items, like your park camping fees, hunting or fishing license, and your gym membership. Build your future with us! We enrich life through the sustainable extraction and refinement of minerals to indispensable products and through our working environment, which is unique. Because it stands for everything that really matters in life: Trust, team spirit and meaningfulness for 11,000 employees at 50 locations on five continents. Welcome to K+S.

Requirements

CPA designation, in good standing, for 8+ years.
8+ years of experience management accounting, product costing, financial modeling, budgeting and controlling in a manufacturing/processing or mining environment required.
Proficient skills in Microsoft office.
Superior skills using Microsoft excel.
Demonstrates fluency in English orally and in written form.
Ability to work accurately under pressure.
Ability to work with others as a team.
Must be authorized to legally work in Canada.
Successful candidates must be eligible to travel outside of Canada as travel may be required.
Employment is subject to successfully completing KSPC’s pre-employment checks which may include criminal record check, education verification, functional fitness evaluation and drug & alcohol testing.

Nice To Haves

Skills using power query and power BI.
Previous mining experience.
SAP experience.

Responsibilities

Prepare financial variance analysis and trending, with an emphasis on plant operations, which includes identifying cost drivers and analyzing how this impacts future financial and strategic decisions and recommend/implement corrective actions as required.
Collaborate with cost owners in operational departments, specifically, to develop accurate budgets and forecasts through modeling and developing a deep understanding of operational cost drivers.
Anticipate potential financial risks, proactively identify opportunities to mitigate these risks, and recommend corrective actions to management.
Own and continuously improve detailed cost models for operations.
Conduct annual product costing exercises, challenging historical assumptions and updating models as production processes evolve during ramp-up.
Ensure models are adapted on an ongoing basis to reflect changes in mining and production processes during ramp-up.
Build and maintain long-term planning models and impairment modeling for asset valuation.
Analyze cost drivers and identify opportunities for efficiency and savings.
Prepare monthly and quarterly variance reports comparing actual results to budget and forecast.
Investigate and explain variances, providing actionable insights to management.
Update forecasts as a result of insights gained through analysis and prepare reports/communications of significant changes and insights.
Perform reconciliations and ensure accuracy of financial statements.
Record and review complex transactions related to plant operations and capital projects.
Coaching and training budget owners to enhance cost awareness, accountability and forecasting accuracy.
Analyze inventory and variable costing related expenses throughout the month to ensure alignment with budget and forecast. This includes reviewing cost classifications and making corrections as required.
Partner with plant leadership to provide financial guidance on operational decisions.
Support capital project evaluations and cost-benefit analyses.
Support month end procedures including preparation of journal entries, area cost and classification review and variance analysis of actual to forecast. This includes preparation of accruals which requires a comprehensive understanding of departmental costs and documenting and preparing reports regarding the same to communicate critical financial information to Management.
Ensure timely and accurate financial reporting in accordance with corporate standards.
Maintain compliance with internal controls and audit requirements.
Identify, lead, and support improvements to business process and interfaces within the finance function and cross functionally.
Assist in managing the annual budget process including process enhancements, consolidation, analysis, and coordination of input from budget owners.
Perform monthly and quarterly balance sheet reconciliations in a timely manner to provide management with accurate financial information.
Mentor Financial Analysts by working collaboratively on projects.
Provide review and approval of Financial Analysts work to ensure accuracy and overall quality of the OPEX Controlling departments outputs.
Prepare analytical reports on actuals, forecasts, annual budgets and KPIs to support sound decision making by the Senior Leadership team.
Prepare timely and accurate forecast and budgeting deliverables for Parent Company, with an emphasis on delivery high quality information.
Coordinate interdepartmental activities required to complete forecasts and budgets by developing interdepartmental calendars which will result in the completion of deliverables to the Parent company by the required deadlines.
Implement continuous improvements to the existing process for budgeting and forecasting.
Assist in the creation of operational and executive dashboards and assist in the coordination and execution of other IT initiatives as they relate to the OPEX Controlling department.

Benefits

Good People and Great Culture
Community-minded and globally connected
Collaborative, supportive environment
Culture rooted in clear principles that help us work better together
Focus on inclusive policies and growing diversity in our workplace
Professional development programs
Recognition for your contributions
Market-aligned salaries
Performance bonuses
Generous employer-paid benefits coverage
Retirement plan contributions that grow with your career
Life insurance
Disability insurance
Health insurance
Dental insurance
Competitive Retirement benefits
Employee and Family Assistance Program
Parental leave top-up for birthing and non-birthing parents
Paid work time to volunteer in your community
Health Spending Account for extras, like more expensive glasses
Wellness Account that covers recreational items, like your park camping fees, hunting or fishing license, and your gym membership
Relocation assistance