Job Description
Join CoolIT, an Ecolab Company, a global leader in Direct Liquid Cooling technology for data centers, supercomputers, and high-performance computing environments.
The Senior Financial Analyst supports forecasting, financial planning, reporting, and business analysis across the organization. This role partners with business leaders and finance teams to provide actionable insights, improve forecast accuracy, and support operational and financial decision-making.
Reporting to the FP&A Manager, the successful candidate will combine strong analytical skills with business partnership to help drive company performance and continuous improvement.
What’s in it For You
- Day 1 Coverage: Employer-paid comprehensive benefits, including dental, prescription drug, vision, paramedical coverage, and a $1,000 annual Health Spending Account.
- RRSP: 2% employer-sponsored contribution.
- Enjoy three weeks of vacation, six flex days, and a one-week paid company-wide holiday shutdown.
- $1,000 annual professional development allowance to support your ongoing learning, skill development, and career growth.
- Dress for your day in a casual, professional environment.
- Work in a hybrid environment.
- Gain exposure to senior leadership and play a key role in supporting business planning and strategic decision-making.
What You Will Do
- Financial Planning & Forecasting
- Support monthly forecasting processes for operating expenses, headcount, and departmental spending.
- Assist with annual budget preparation and long-range planning activities.
- Maintain and enhance forecasting models, planning templates, and financial tools.
- Analyze key business drivers and identify forecast risks and opportunities.
- Support the consolidation of departmental forecasts and planning assumptions.
- Financial Reporting & Analysis
- Prepare monthly management reporting packages and financial summaries.
- Conduct Budget vs. Actual and Forecast vs. Actual variance analysis.
- Investigate variances and explain financial performance trends and drivers.
- Provide meaningful commentary, recommendations, and insights to support management decision-making.
- Respond to ad hoc analytical requests from business leaders and finance leadership.
- Business Partnership
- Partner with operational leaders to understand activities affecting financial performance and business results.
- Support discussions related to departmental spending, resource requirements, capital investments, and operational initiatives.
- Communicate financial information clearly and effectively to non-financial stakeholders.
- Develop a strong understanding of manufacturing operations and key business drivers.
- Month-End Support
- Review monthly financial results and investigate significant variances.
- Work closely with Accounting to understand actual results and reporting impacts.
- Support headcount and personnel cost analysis.
- Ensure forecast assumptions appropriately reflect current business performance and emerging trends.
- Reporting & Process Improvement
- Develop and maintain dashboards, KPIs, and management reporting tools.
- Support reporting automation and continuous process improvement initiatives.
- Improve the efficiency, accuracy, and standardization of FP&A processes.
- Leverage Excel, ERP systems, and business intelligence tools to enhance reporting capabilities and business insights.
Minimum Qualifications
- 3-6 years of experience in financial analysis, budgeting, forecasting, FP&A, or a related finance function.
- Strong financial modeling, analytical, and problem-solving skills.
- Advanced proficiency in Microsoft Excel.
- Experience working with ERP systems and financial reporting tools.
- Strong understanding of financial statements, budgeting, forecasting, and variance analysis.
- Excellent verbal and written communication skills with the ability to present financial information to non-financial stakeholders.
- Strong organizational skills with the ability to manage multiple priorities and deadlines.
Preferred Qualifications
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
- CPA designation completed or in progress.
- Experience in a manufacturing, technology, industrial, or other operational environment.
- Experience with Power BI or other business intelligence and reporting tools.
- Experience developing dashboards, KPI frameworks, and management reporting packages.
- Experience supporting annual budgeting and long-range planning processes.
- Experience with financial process improvement and reporting automation initiatives.
We thank every candidate in advance; however, we will contact only those selected for an interview. Please note: immigration sponsorship is not available for this role.
Successful candidates for this position will be required to undergo background checks, including criminal record checks and education verification.
ABOUT COOLIT, AN ECOLAB COMPANY
Founded in Calgary, Alberta in 2001, CoolIT Systems is the leading Direct Liquid Cooling technology provider for data centers, supercomputers, and desktop computers. We design and manufacture solutions used by the largest tech companies globally.
Recognized as one of “The Americas’ Fastest Growing Companies 2023” by Financial Times and honored with the Deloitte Fast 50 Clean Technology award in 2022, as well as the Deloitte Fast 500 distinction in both 2021 and 2022, CoolIT's rapid growth is capturing global attention.
As demand for generative AI, high-performance computing and cloud solutions rapidly expands, there has never been a more exciting time to join our team.
#LI-Hybrid
During pre-screening, we may use an AI tool, supported by human oversight, to efficiently manage tasks such as resume screening and/or interview scheduling. All hiring decisions are made by human reviewers.
Successful candidates will be required to undergo pre-hire background checks as a condition of employment.
