Financial Analyst

BWXT Canada Ltd. (BWXT Canada) has over 60 years of expertise and experience in the design, manufacturing, commissioning and service of nuclear power generation equipment. This includes steam generators, nuclear fuel and fuel components, critical plant components, parts and related plant services. BWXT Canada’s subsidiary, BWXT Medical Ltd. (BWXT Medical) provides its customers, who conduct life-saving medical procedures for patients around the world, the benefit of decades of experience in the development, manufacturing, packaging and delivery of medical isotopes and radiopharmaceuticals. Headquartered in Cambridge, Ontario, BWXT in Canada has approximately 1,800 employees at locations in Peterborough, Toronto, Arnprior, Brampton, Port Elgin, Owen Sound, Kanata and Oakville, Ontario and Vancouver, British Columbia. BWXT Canada is a subsidiary of BWX Technologies, Inc. (NYSE: BWXT). Follow us on Twitter @BWXT and learn more atwww.bwxt.com.

We are currently seeking a Financial Analyst to join our team in Cambridge, ON

Reporting to the Manager, Project Accounting, this position monitors all financial aspects of contracts which include project set-up, budget changes and revenue recognition. Prepares and issues sales invoices to customer and follows up on accounts receivables. Prepares weekly, monthly and quarterly forecasts, financial reports and variance analysis reports.

This role has functional relations with virtually every other department in the company including Purchasing, Manufacturing, Legal, Engineering, Sales, Proposals, Project Accounting, Business Unit Manager, etc. (shared nature of interests). Communicates with external parties, including customers for invoicing status, external auditors and other accounting groups within the Nuclear Power Group (shared nature of interests). Communicates accounting standards to Project Management and other groups in regards to revenue recognition.

Accountabilities

Projects and Sales Orders

• Responsible for Fixed Price and Time and Material Projects or Sales Orders.
• Determine contract Revenue Recognition per ASC605-35.
• Set up and maintain projects in SAP and Timberline, upload project structures and budgets to SAP.
• Prepare scope change or CCN’s for contract changes (sell price and budget changes).
• Monitor budget, costs and cash flow; budget vs. actuals.
• Complete month end accruals for revenue recognition or other project accruals that are required.
• Review month end revenue recognition results for projects and sales orders.
• Prepare monthly project variance reports.
  
  

Customer Invoicing

• Work with Project Managers to issue milestone billings.
• Work with Project Administers, review Cost reports and prepare sales invoices for customer Time and Material billings. Reconcile material information in SAP and gather applicable invoice backup required for the customer.
  
  

Forecasting

• Monthly forecast for backlog projects, including booking, revenue, budget, actual cost, gross profit, billings, receipts as well as treasury cash forecast.
• Work with Project Managers and Project Controls to forecast backlog projects.
• Enter quarterly forecast in BPC and ensure the forecast is balanced in BPC. The forecast is completed for all assigned backlog projects, sales orders as well as New Business Projects.
  
  

Meeting Preparation

• Prepare documents for internal cost review meetings as follows: contract profit statement, risk and opportunity list, CCN reports, billing schedule, cash flow, aged accounts receivable.
• Work with Project Manager to complete Risk and Opportunity list.
• Provide documents for internal monthly reviews, i.e. project review meetings.
  
  

Additional Activities/Special Requests

• Provide information to internal and external auditors.
• Ensure audit and SOX and COSO requirements are being followed.
• Provide input and update quarterly/yearly corporate templates.
• Account reconciliations.
  
  

Knowledge & Experience

• Degree or diploma in an accounting-related discipline complemented by a minimum of 3 years financial or project accounting experience.
• Enrollment in an accounting designation program would be an asset.
• In depth knowledge of Microsoft Office, mainly Excel.
• Knowledge in SAP would be an asset.
• Some experience with spreadsheet applications, data manipulation techniques, vlookup formulas, macros.
• Team player - able to work across different teams and contribute to a positive environment.
• Hands-on, detail-oriented with excellent analytical skills.
• Proven problem solving abilities.
• Good relationship-building skills with a commitment to supporting a team.
  
  

WHAT WE CAN OFFER YOU: Ensuring the well-being of our employees is our priority and we offer comprehensive and competitive benefits for our employees and their families.

• Comprehensive Health Benefits – Including health, dental, vision, and disability coverage to keep you feeling your best.
• Secure Your Future – Defined Contribution Pension Plan and an optional Company-matched retirement savings plans (RRSP/TFSA/EPSP)
• Work-Life Balance – Flexible hybrid schedules and compressed workweek option available
• Help Grow Our Team – Earn generous referral bonuses with our two-tiered Employee Referral Program ($1,500 and $3,000!).
• Invest in Your Education – Up to $5,250 USD per year through our Educational Refund Plan.
• Professional Development – Gain access to training, certifications, and growth opportunities to advance your career.
• Your Wellness Matters – Enjoy gym membership discounts and access to mental health support programs.
• A Welcoming Workplace – Join a diverse, inclusive, and supportive culture that celebrates you.
• Fun & Connection – Engage in team-building activities organized by our Social Committee.
  
  

Ready to grow with us? Apply now and let’s build something amazing together!

The base salary range for this position in [[Ontario]] at the start of employment is expected to be between $[[63,000]] and $[[98,000]] per year. However, the base salary offered is based on local job market factors and may vary further depending on factors specific to the selected job candidate, such as job-related knowledge, skills, experience, and other objective business considerations. Subject to these considerations, the total compensation package for this position may also include other elements, such as an annual cash incentive in addition to a full range of medical, retirement, and/or other benefits. Details of participation in these benefit plans will be provided at such time the selected job candidate receives an offer of employment.

Learn more about how BWXT employs nuclear technology to solve some of the world’s most important problems. BWXT’s capabilities video showcases our innovation in commercial nuclear power, addressing climate change, as well as our advanced nuclear medicine products treating patients around the world. We are People Strong. Innovation Driven.

BWXT Canada Ltd. embraces diversity of thought, values individuality, encourages new perspectives and provides equal opportunity in employment for all qualified employees and applicants without regard to race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity, gender expression, age, record of offences, marital status, family status or disability, or any other category protected by provincial law. BWXT Canada is committed to fostering an accessible, fair, and inclusive environment where all employees are able to access goods while being respected and supported. If you require accommodations during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made. If you require information in a format that is accessible to you, please contact Human Resources.

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