Program Budget & Financial Analyst
- Contract Length: 2 Years
- Location: Calgary, Alberta
Raise is currently hiring a Program Budget & Financial Analyst on behalf of our client. They’re expanding their team to meet growing needs, making this a unique opportunity to work with an industry leader. Our client is responsible for the safe and reliable operation of the Alberta Interconnected Electric System.
Note: The primary pay rate is based on T4 classification; however, we will also consider applications from candidates interested in an INC classification, where applicable.
Description
Reporting to the Director of Strategy & Corporate Services, who is accountable for the oversight of the REM IT Initiative, we are seeking a highly analytical and detail-oriented Program Budget & Financial Analyst to support the financial management of a large-scale IT Systems Implementation program. This role is responsible for overseeing budgeting, forecasting, cost tracking, and financial reporting to ensure the program is tracking to budget. The successful candidate will play a key role in managing expenditures, monitoring workforce-related costs across a team of ~200 personnel, and delivering accurate financial insights to support decision-making.
Responsibilities
- Budget Management & Forecasting
- Develop, manage, and maintain the overall program budget, including multi-year (5-year) financial forecasts.
- Prepare and continuously update cost projections, ensuring alignment with program milestones and deliverables.
- Conduct variance analysis (actual vs. budget vs. forecast) and provide actionable insights.
- Track Estimate at Completion (EAC) and Estimate to Complete (ETC) to ensure financial accuracy.
- Expenditure Tracking & Cost Control
- Monitor and track program expenditures against approved budgets.
- Ensure all costs are accurately captured, coded, and allocated.
- Identify cost risks, trends, and opportunities for optimization.
- Support financial governance and compliance with internal policies.
- Tack and monitor vendor invoices.
- Workforce Cost & Timesheet Oversight
- Oversee and validate timesheet tracking for approximately 200 program personnel.
- Ensure labor costs are accurately recorded, allocated, and reported.
- Collaborate with project managers and team leads to ensure timely and accurate time reporting.
- Analyze labor utilization and provide insights into resource cost efficiency.
- Financial Reporting & Analysis
- Prepare regular financial reports and dashboards for program leadership.
- Provide clear insights into budget status, burn rate, and financial performance.
- Support executive-level reporting with concise summaries and recommendations.
- Assist in audits and financial reviews as required.
- Budget Planning Support
- Support development of annual budgets and long-term financial plans.
- Partner with program managers to align budget plans with project activities.
- Contribute to risk management by identifying financial exposures and mitigation strategies.
- Continuously improve financial tracking tools, processes, and reporting systems.
Qualifications
- 5+ years of experience in program finance, budgeting, or financial analysis, preferably in large-scale programs or projects.
- Strong knowledge of budgeting, forecasting, and financial modeling.
- Experience with cost tracking methodologies (e.g., EAC, ETC, variance analysis).
- Advanced proficiency in Excel and financial systems (workday is preferred).
- Ability to manage and analyze large datasets, particularly workforce/labor costs.
- Excellent attention to detail and organizational skills.
- Strong communication skills with the ability to present financial information clearly to non-financial stakeholders.
- Experience managing budgets in the range of $200M+ is strongly preferred Experience in electricity, utilities, or energy related fields would be preferred.
- Adaptability and resilience to respond to evolving priorities and timelines.
- Effective communicator with strong written and oral communication skills.
Education and Certifications
- Bachelor’s degree in information technology, finance, accounting, business administration, or related field.
- PMP designation or equivalent is an asset.
Preferred Qualifications
- Professional designation (e.g., CPA, CFA, or equivalent).
- Experience in program/project management environments (e.g., PMO support).
- Familiarity with earned value management (EVM) principles.
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 any other Raise job posting (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com.
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