Finance Manager - Fuel

At BWXT Nuclear Energy Canada Inc. (BWXT NEC), we are committed to excellence in every business initiative. With nearly 500 workers across locations in Peterborough, Toronto, and Arnprior,  BWXT NEC supplies nuclear fuel and fuel channel components, services, equipment and parts for the CANDU® nuclear power industry.

Welcome to BWXT 

We believe in empowering our employees and cultivating a dynamic workplace that fosters growth and collaboration. Whether you’re an experienced professional or just starting your career, you'll find opportunities to challenge yourself, learn from seasoned experts, and contribute to nuclear innovation. We required a diverse range of skills to support our work in the markets that drive our business and welcome candidates from all backgrounds and life stages who are passionate about making a difference.

We are looking for a Finance Manager - Fuel for our Peterborough, Ontario site. The Peterborough community invites you to take a deep breath, relax and enjoy life. We have an abundance of recreational opportunities, festivals, and entertainment that is fueled by culture, nature and homegrown culinary experiences. Friendly people, inspiring landscapes and incredible lakes are waiting for you in the heart of cottage country. The region is home to 140,000 people (approx. 83,000 in the City of Peterborough) in addition to the charming towns, townships and villages that make up the County. We offer the best of all worlds here and we’d like you to get to know us a bit better. http://peterboroughed.ca/why-peterborough/live/

Position Overview

The Finance Fuel Manager focuses on full cycle account for the Fuel division. The Finance Fuel Manager will be required to measure and monitor the Fuel divisions accounting performance including revenue recognition, cost center variances and cash flow position.

Location:

This position is onsite in Peterborough, Ontario.

Your Day to Day:

Fuel Accounting and Business Analytics:

• Review and approve all Price Approval Requests (PAR's) for various customer proposals for the Fuel division
• Review and understand customer agreements and contractual requirements
• Review and approve Project Bookings for accuracy as well as the correct Revenue
• Recognition method
• Co-ordinate accounting activities related to quarterly reviews for Fuel, which include contract profit statements, forecast and billing information
• Review and approve journal entries for project accruals, account reclassifications, other project requirements as well as account reconciliations
• Review, approve and request the purchase of foreign exchange forwards by the BWXT
• Treasurer, to reduce foreign currency risk
• Lead financial reviews and provide insights to enhance decision-making and strategic planning for Fuel.
• Assist operations with ACEs (Authorization for Capital Expenses)... analyze NPV and IRR
• Review and approve all capital expenditures (ACEs) related to the Fuel division
• Provide support and guidance to operations and other finance team members on financial protocols and ensure accounting transactions are recorded in compliance with GAAP.
• Monitor and report on monthly financial performance for Fuel.
• Work with Business Unit Leaders to optimize revenue and operating income in their segments to meet/exceed forecasted Operating Income
• Ensure compliance with financial policies and procedures, along with corporate governance requirements.
• Implement standardized reporting tools and processes for financial performance across
• Fuel accounting, enabling real-time visibility into budget adherence and variances.
• Facilitate the resolution of any financial discrepancies identified in Fuel accountin ensuring timely corrective actions are taken.
• Identify risk factors in financial operations and recommend solutions to mitigate potential impacts on company performance.

Forecasting:

• Oversee forecast for backlog & new business projects, including bookings, Revenue,
• COGS, GP, and cash flow (actual cost, billings and receipts) for Fuel.
• Assist operations personnel with cost center budgeting and reporting
• Meet with Director of Fuel to review the P&L forecast and complete a Risk and
• Opportunity report as well as various variance reporting comparing Year over Year forecast and actuals for review by CO President and Group Controller
• Prepare other documents/variance reports that are reviewed with CO Group Controller and CO President as well as other Managers
• Provide support and work with Sales and the Director of Fuel to complete NPG Strategic plan

Additional Activities/Special Requests:

• Provide information to internal and external auditors.
• Accountable to maintain an adequate system of internal control in areas of responsibility,
• Ensure SOX and COSO requirements are being followed.

Required Qualifications:

• College or University Education majoring in business or accounting
• Accounting designation CPA (CA, CMA or CGA) or equivalent experience
• Minimum of 5 years accounting experience in a manufacturing/construction environment
• Proven problem solving and decision making abilities
• Excellent organization, communication and interpersonal skills with the ability to work effectively with others with a commitment to supporting a team
• Previous supervisory experience would be beneficial
• In depth knowledge of Microsoft, mainly Excel and knowledge in SAP/BPC would be an asset
• Hands on, detail-oriented with excellent analytical skills

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)
• 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!

BWXT confirms that the position represents a current vacancy within our organization

At BWXT, we are committed to a fair, transparent, and inclusive hiring process.  As part of our recruitment process, we use artificial intelligence (AI) tools to assist with screening and evaluating applicants.  These tools support our efforts to make consistent and equitable hiring decisions.  

The base salary range for this position in Ontario at the start of employment is expected to be between $90,000.00 and $140,000.00 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 Nuclear Energy Canada Inc. 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, national or ethnic origin, colour, religion, age, sex, sexual orientation, marital status, family status, disability, a conviction for which a pardon has been granted or a record suspended or any other category protected by federal law.