Cost Analyst

Job summary

The Cost Analyst will reconcile invoices, calculate internal business allocations, and investigate discrepancies to ensure financial accuracy. They will also perform cost analysis, manage financial scenarios like accruals, and contribute to process improvement and automation projects.

Job details

Location: Bedford, NS - Hybrid (4 days in office, 1 day at home) Pay Rate: $43.17/hr - $51.17/hr Contract Length: 6 Months We at Raise are hiring a Cost Analyst for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now; if you’re interested, apply below for your chance to join a great place to work. Responsibilities Reconcile invoices and calculate internal business allocations following business agreed methodology Investigate reconciliation discrepancies and coordinate resolution with vendor and trading business Document variances to best practice and provide to team lead for approval Prepare allocation templates and post to financial systems Arrange vendor payment through accounts payable or manual payment Manage special financial scenarios: accruals, prepayments, journals, etc. Prepare reports for and respond to inquiries from various parties including the trading business, product control, financial control Perform cost analysis identifying material trends and drivers and/or opportunities for savings Perform business analysis and testing in relation to onboarding of new invoices or enhancements to processing of existing invoices Work on assigned projects in the areas of process improvement and automation Must Have Skills Bachelor's degree in accounting or finance. 1-3 years of experience in Capital Markets, Securities Trading, Brokerage, or similar environment Familiarity with Capital Markets products and various associated supporting systems used within organization (Fixed Income, Money Markets, Equities, Derivatives, etc.) Understanding of accounting procedures and systems Highly organized with an attention to detail and an ability to analyze information Ability to communicate complex information clearly to trading business and senior management Comfortable with adhering to deliverables in a fast-paced, dynamic environment Intermediate to advanced level knowledge of Excel Nice-to-have Skills Knowledge of global providers of 3rd party trade execution services including Brokers, Exchanges, Clearing and Settlement Agents, Securities Depositories, Custodians, and Regulators Understanding of Capital Markets organizational structure (including front office sales and trading, middle office, product control, back-office operations, regulatory/compliance, etc.) Looking for meaningful work? We can help! Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity. We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities. We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/ In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com #FIN24

What you’ll do

The Cost Analyst will reconcile invoices, calculate internal business allocations, and investigate discrepancies to ensure financial accuracy. They will also perform cost analysis, manage financial scenarios like accruals, and contribute to process improvement and automation projects.

Requirements

Candidates must hold a bachelor's degree in accounting or finance and possess 1-3 years of experience in capital markets or a similar environment. Strong organizational skills, proficiency in Excel, and an understanding of accounting procedures are essential for this role.

Listed skills

• Financial Reporting · Preferred
• Data analysis · Preferred
• Microsoft Excel · Preferred
• Accounting · Preferred
• Process Improvement · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Accounting
• Finance
• Cost Analysis
• Invoice Reconciliation
• Capital Markets
• Excel
• Financial Reporting
• Process Improvement
• Automation
• Data Analysis
• Securities Trading
• Brokerage
• Fixed Income
• Derivatives
• Equities
• Money Markets

Job areas

• Finance & Accounting
• Management & Leadership
• Consulting