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Added 1 hour ago
AC
Senior Financial Analyst
Aston Carter
Calgary, AB
- $40 to $45 CAD / hour
- Contract
Build and maintain dashboards, reports, and financial models using Power BI and ERP systems.
Added 2 hours ago
M
Supply Chain Analyst
Masco
ON · Saint Thomas, Ontario
- Full-time
Maintain accurate master data and transactional information within ERP, planning, and reporting systems.
Added 4 hours ago
P
Financial Analyst, FP&A
Powerex
Vancouver, BC
- Full-time
Experience with ERP and finance systems (SAP preferred)
Added 4 hours ago
Accounts Payable Analyst
UFA Co-operative Ltd.
Calgary, AB
Reporting to the Supervisor, Accounts Payable, the Accounts Payable Analyst I is a key member of the finance team. The successful candidate employs a proactive and customer service focused…
Added 5 hours ago
JS
Financial Analyst
JD Sports Canada
Vancouver, BC
- Full-time
The Financial Analyst is a strategic role responsible for planning and managing JD Canada’s financial performance. You will use your experience to build upon the foundation of the Financial…
Added 6 hours ago
MC
Supply Chain Analyst
Masco Canada
St. Thomas, ON · Masco Canada - St. Thomas
- Full-time
Maintain accurate master data and transactional information within ERP, planning, and reporting systems.
Added 6 hours ago
MC
Supply Chain Analyst
Masco Corporation
St. Thomas, ON · Masco Canada - St. Thomas
- Full-time
Maintain accurate master data and transactional information within ERP, planning, and reporting systems.
Added 6 hours ago
JR
Financial Analyst
Jumpstart Refugee Talent
Toronto, ON
- Full-time
Experience using Enterprise Resource Planning (ERP) systems, including financial and budgeting modules, is required.
Added 6 hours ago
B
Accounts Receivable & Collections Analyst
Beanfield
Toronto, ON
- $50,000 to $55,000 CAD / year
- Full-time
Proficiency in Google product suite and accounting or ERP systems; experience with SAP and JIRA is preferred.
Added 6 hours ago
SF
Demand Planner & Sales Analyst
Summer Fresh Salads Inc.
Woodbridge, ON
- Full-time
We are looking for a Demand Planner & Sales Analyst to join our team. This position will work with Sales, Procurement, Supply Chain, Marketing and Finance to develop forecasts for new and…
Added 6 hours ago
B
Accounts Receivable & Collections Analyst
Beanfield
Montreal, QC
- $50,000 to $55,000 CAD / year
- Full-time
Proficiency in Google product suite and accounting or ERP systems; experience with SAP and JIRA is preferred.
Added 7 hours ago
RH
Cost Analyst
Robert Half
Brantford, ON
- $85,000 to $110,000 CAD / year
- Full-time
This is a highly visible role within an international organization where you'll partner with finance, operations, and commercial teams to drive profitability, improve costing accuracy, and…
Added 7 hours ago
ZB
Master Data Governance Lead Analyst
Zimmer Biomet Canada, Inc
Mississauga, ON
- Other
Work with downstream ERP teams to troubleshoot master-data issues and replication from MDG to downstream ERP systems, and advise on integration with business processes such as order…
Added 7 hours ago
S
Senior Treasury Analyst
Seaspan
North Vancouver, BC
- Full-time
Experience with Treasury Management Systems (TMS) and Oracle ERP is preferred; exposure to treasury process automation and system integrations is considered an asset.
Added 7 hours ago
TP
Gestionnaire, finance commerciale (approvisionnement) / Commercial Finance Manager, Supply Chain
Turning Point Brands Canada
Laval, QC
- Full-time
Gestionnaire, finance commerciale (approvisionnement)
Added 7 hours ago
Trade Spend Analyst
ACCO Brands
Mississauga, ON
ACCO Brands is seeking a Trade Spend Analyst to join the North America Finance team reporting to the Finance Manager, Decision Support. This role will support the management and execution…
Added 8 hours ago
PC
Financial Analyst, FP&A
Powerex Corp.
Vancouver, BC
- Full-time
Experience with ERP and finance systems (SAP preferred)
Added 9 hours ago
BH
Senior Financial Analyst
Beacon Holdings
Toronto, ON
- Full-time
…capabilities to improve how they run and help them grow. Our finance team builds the accounting processes and reliable financial information that support that…
Added 9 hours ago
I-
Contract Payroll Analyst
IFG - International Financial Group
Calgary, AB
- Contract
Our client is looking for an experienced Contract Payroll Analyst (Time) to support Canadian payroll operations, time administration, and scheduling processes. The ideal candidate will have…
Added 9 hours ago
S
Analyste comptable, Inventaire // Accounting Analyst, Inventory
SSENSE
Montreal, QC
- Full-time
…fournisseurs. Vous agisserez comme un pont essentiel entre la finance et les opérations en fournissant des analyses stratégiques sur les coûts et les marges…
Added 10 hours ago
A
Data Governance & Master Data Senior Analyst
Affinity
BC · British Columbia, Canada
- Contract
We are seeking a highly motivated Data Governance & Master Data Senior Analyst to help establish and operationalize an enterprise Data Governance and Master Data Management (MDM) program.…
Added 11 hours ago
PN
Business Analyst – Data Analytics & Project Planning
Pasona N A, Inc.
Toronto, ON
- $65,000 to $75,000 CAD / year
- Full-time
A strong finance background is not required. We are particularly interested in candidates who are comfortable working with Excel, business systems, and data analysis tools and who can…
Added 11 hours ago
Tax and Catalog Analyst
Canfor
Prince George, BC
As our Tax and Catalog Analyst, you will be Canfor’s key resource for provincial sales tax applications related to equipment, parts, services, and inventory. You will work across…
Added 11 hours ago
CG
Project Cost Analysis
Clearway Group of Companies
Toronto, ON · Greater Toronto Area, Canada
- Full-time
The Project Cost Analyst supports the Project Controls department in maintaining and analyzing accurate project cost information from award through closeout. Working closely with Project…
Added 11 hours ago
C
Project Cost Analysis
Clearway
Toronto, ON · Greater Toronto Area, Ontario
- Full-time
The Project Cost Analyst supports the Project Controls department in maintaining and analyzing accurate project cost information from award through closeout. Working closely with Project…

Thermon

Cost Analyst

Orillia, ON, Canada

Full-time

Apply About employer

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Job details

Job type: Full-time
Apply by: Nov 3, 2026
Experience: 3 to 7 years of experience in FP&A, operations finance, manufacturing finance, cost analysis, or financial analysis.
Posting language: English
Posted: Oct 5, 2026

Original job description

Reports To: VP Finance, Thermal Solutions SBG

Location: Orillia, Ontario

Who We Are - Thermon

Thermon is a diversified technology company and a global leader in industrial process heating, temperature maintenance, environmental monitoring, and temporary power distribution solutions. We deliver engineered solutions that enhance operational awareness, safety, reliability, and efficiency while achieving the lowest total cost of ownership.

Thermon offers over 250 products, software, and services across multiple brands, providing a range of offerings from boilers, transportation heaters, and liquid load banks to tubing bundles and heat trace systems. We are the silent guardians of critical infrastructure. From the relentless demands of chemical plants and the intricate networks of rail and transit to the vital pulse of power generation, we innovate solutions that ensure optimal operation, protect critical assets, and maximize efficiency.

We care deeply about the success of our customers, the well-being of our people, and the reliability of every product we design. This drives our unwavering commitment to safety and integrity in everything we do. Through collaboration, we unite a rich legacy of expertise with a trusted global team, partnering side by side with our customers. We transfer the warmth needed to make life work.

Position Summary

The Cost Analyst is a member of the Business Group Finance team responsible for providing cost analysis, cost reporting, and productivity project analysis and planning support to manufacturing operations. This role works closely with Plant Managers, Operations Leaders, Supply Chain teams, and Product Management to ensure operational performance improvement, cost reduction, productivity initiatives, accurate cost capture and documentation on projects, and complexity reduction targets are achieved, and to ensure decisions are data-driven and fact-based.

The position ensures manufacturing and operational leadership understands the drivers of direct (e.g., labor, material, supplies) and indirect (e.g., overhead, administration) costs while supporting continuous improvement efforts, and will from time to time collaborate with the global Operating Excellence and Business Transformation teams on plant- or facility-wide improvement and transformation projects. The Cost Analyst will also play a supporting role in evaluating capital investments, maintaining product costing assumptions, monitoring manufacturing efficiency, and identifying operational cost improvement opportunities and supporting plant productivity initiatives through data-driven analysis.

Key Responsibilities

Manufacturing and Operational Cost Analytics

Analyze labor, material, and overhead spending trends and actuals.
Monitor key manufacturing performance metrics including productivity, absorption, efficiency, scrap, yield, and throughput.
Prepare performance benchmarking analyses across value streams within the assigned facilities and operations.
Perform variance analysis and identify root causes of significant cost fluctuations.
Provide recommendations to improve operational and financial performance.
Support monthly plant performance reviews through preparation of operational and financial metrics.

Cost Reduction & Productivity Analysis

Support Operations teams in identifying, quantifying, and tracking manufacturing cost reduction and productivity opportunities.
Support continuous improvement, lean manufacturing, and productivity initiatives through financial analysis.
Provide financial analysis supporting operational improvement initiatives and investment decisions.
Monitor actual savings versus planned targets and communicate results to leadership.

Standard Cost Management

Maintain and update product costs within the ERP system in accordance with established costing methodologies.
Partner with Operations, Procurement, and Engineering to ensure costing assumptions remain accurate and current.
Support annual and periodic cost reviews in accordance with established costing methodologies.
Evaluate the financial impact of changes in labor rates, material costs, production methods, and sourcing strategies.

BOM & Routing Validation

Review Bills of Materials (BOMs) and routing structures to ensure accurate product costing.
Partner with Engineering and Manufacturing teams to validate labor standards, routing assumptions, machine rates, and material consumption.
Analyze variances between actual and expected production costs and recommend corrective actions.
Support new product introductions and engineering changes by evaluating costing impacts and documenting supporting time-study data.

Capital Investment Analysis

Support business case development for capital expenditures and operational improvement projects.
Perform return on investment (ROI), payback, NPV, and sensitivity analyses.
Track post-implementation results and compare actual benefits to original investment assumptions.

Operational Finance Support

Partner with Plant Managers and Operations Leaders to provide cost insight and analytics supporting operational decision-making.
Participate in plant performance reviews and operational planning discussions.
Support the development of cost improvement and profitability enhancement initiatives.
Support annual budgeting and periodic forecasting processes for manufacturing operations.
Prepare monthly cost performance reports, KPI dashboards, and management presentations.
Analyze forecast-to-actual results and identify key cost drivers.
Support plant-level and enterprise-wide financial planning activities.
Collaborate and share learnings and analytical methods with other cost analysts and business FP&A team members.

Required Qualifications

Education

Bachelor's degree in Finance, Accounting, Economics, Industrial Engineering, Business Administration, or a related field.

Experience

3 to 7 years of experience in FP&A, operations finance, manufacturing finance, cost analysis, or financial analysis.
Experience supporting industrial/manufacturing environments required.
Experience working with manufacturing plant operations, supply chain, engineering, or continuous improvement teams.
Strong understanding of operational performance metrics and metric design and development.
Ability to develop buy-in and influence operational leaders through data-driven insights.
Experience with ERP systems, preferably Microsoft D365 or similar platforms.
Experience with Power BI or other business intelligence tools.

Technical Skills

Advanced Microsoft Excel and financial modeling capabilities.
Financial and cost model building.
Benchmarking.
Process mapping.
Analytical and data visualization skills.
Presentation preparation.

Preferred Knowledge

Well-rounded understanding of the various costing methodologies.
Manufacturing operations and production processes in short- and long-cycle businesses.
Capital investment analysis.
Productivity and continuous improvement programs.
Cost reduction initiatives.
Financial planning and forecasting.

Core Competencies

Ability to translate complex financial information into actionable recommendations.
Strong analytical and modeling skills.
Practical problem-solving skills.
Effective communication and presentation skills.
Continuous improvement mindset.
Strong organizational and project management abilities.
Ability to work cross-functionally across Operations, Engineering, Supply Chain, and Finance.

Apply About employer

More about this job

Responsibilities

Analyze manufacturing costs, operational performance, and variances, and provide data-driven recommendations to improve productivity and financial results. Maintain product costing and validate BOMs and routings, support capital investment and planning activities, and report performance to plant and business leaders.

Requirements

Requires a bachelor's degree in a relevant field and 3 to 7 years of experience in finance or cost analysis, including experience supporting industrial or manufacturing operations. Candidates should have strong Excel and financial modeling skills, ERP and business intelligence experience, knowledge of manufacturing metrics and costing, and the ability to communicate insights and collaborate across functions.

Skills

Cost Analysis
Manufacturing Finance
Financial Modeling
Variance Analysis
Cost Reduction
Productivity Analysis
Standard Costing
ERP Systems
Microsoft Excel
Power BI
Capital Investment Analysis
Budgeting And Forecasting
BOM And Routing Validation
Operational Performance Metrics
Data Visualization
Cross-Functional Collaboration

Visa sponsorship

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Keywords

FP&A
Manufacturing Finance
Cost Analysis
Cost Accounting
Microsoft D365
ERP Systems
Power BI
Microsoft Excel
Financial Modeling
Variance Analysis
Standard Costing
Cost Reduction
Lean Manufacturing
Continuous Improvement
Productivity Analysis
Capital Expenditures
ROI Analysis
Payback Analysis
Net Present Value
Sensitivity Analysis
Bills Of Materials
Routing Structures
Time Studies
Budgeting
Forecasting
KPI Dashboards
Benchmarking
Process Mapping
Supply Chain
Operational Performance Metrics

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