BE Power Equipment is a leading manufacturer of pressure washers, air compressors, generators and water pumps serving industrial markets in over 30 countries. Reporting directly to Director of Finance, the Costing Analyst will partner closely with Finance, Operations, Supply Chain, and Sales to provide accurate cost insights and support data-driven decision-making.
Requirements
- Work with supply chain to validate full landed costs, incorporating product cost, freight, duties, brokerage fees, surcharges, and other import-related expenses across all product lines
- Assist/back up operations with Bill of Materials, including materials, labour, overhead, and freight
- Prepare narratives summarizing landed-cost findings, highlighting root causes, financial impact, and tactical recommendations for cost control
- Develop policies and processes to maintain cost accuracy
- Work closely with Operations and Supply Chain to understand production processes and cost drivers, and correct errors
- Partner with Finance to support month-end close activities related to inventory, variances, and costing adjustments
- Effectively analyze product-level and customer-level profitability, identifying margin gaps and recommending corrective actions
- Assist in building tactical cost scenarios to guide pricing, product mix, and strategic initiatives
- Assist with inventory valuation methodology
- Provide feedback into SKU rationalization
- Assist with valuation of obsolete and slow-moving inventory at year-end
- Extract, clean, and analyze large datasets to support costing and planning needs
- Prepare daily/weekly/monthly costing and profitability reporting and analysis, comparing and analyzing actual results with budgets and forecasts, prepare YOY analysis, margins, identifying trends and recommending actions to management team
- Conduct landed cost and labour cost analysis, variance root-cause investigation, and cost-impact modeling
- Conduct SG&A cost analysis, variance root-cause investigation
- Conduct inventory turns analysis
- Track the financial impact of operation changes, supplier price adjustments, and production efficiencies
- Provide creative alternatives and recommendation to reduce costs and improve financial performance
- Assist Finance with accounting-related responsibilities and analysis on an as needed basis
- Participate in year-end activities as they related to costing and inventory
- Build and maintain dashboards, cost models, and performance metrics in Excel, Power BI, or similar tools
- Translate data into actionable insights for cross-functional teams
- Ad hoc analysis, business case preparation and financial modelling as required
- Support the adoption of AI-driven tools for cost modeling and data automation
- Assist in defining future-state processes for costing, profitability analysis, and reporting automation
- Participate in continuous improvement initiatives to optimize costing operations and systems
- Liaise with external auditors in annual audit in the areas of sales, inventory, costing and financial analysis
Benefits
- Competitive salary commensurate with experience
- 1 day work-from-home after completion of training
- Group medical and dental benefits including Employee and family assistance program
- Company RRSP matching plan
- Flexible work hours and potential for hybrid work arrangement
- Healthy work life balance
- Employee discount program
- Training and development opportunities
- Modern, well-equipped work environment with excellent staff facilities
- Employee welcome package and other SWAG
- Excellent and collaborative team/work environment
- Team socials and engagement events in and outside of the office
