Financial Analysts in the Costing role are responsible for analyzing, developing, and managing costing methodologies and financial data to support Department of National Defence (DND) decision-making. These professionals prepare detailed cost estimates, conduct variance analyses, and provide financial insights on defence projects, operations, and programs. They work with complex financial systems and large datasets to ensure accurate budget forecasting and resource allocation across the organization.
As a Financial Analyst - Costing, you will collaborate with project managers, military personnel, and other stakeholders to understand operational requirements and translate them into financial terms. Your analysis directly influences strategic planning, procurement decisions, and resource management at all levels of the department. You may specialize in areas such as capital project costing, lifecycle cost analysis, or operational expense forecasting.
This position is typically located in National Defence Headquarters in Ottawa or at regional DND offices across Canada. You will work in a dynamic environment where your financial expertise contributes directly to supporting Canadian Armed Forces operations and maintaining defence readiness. The role involves regular interaction with both civilian and military personnel, requiring strong communication skills and the ability to explain complex financial concepts to diverse audiences.
Key Responsibilities
Perform costing functions per GC financial policies, Prepare financial reports, analyses, and forecasts, Process transactions and maintain financial records, Support audit readiness and internal controls
Required Skills
Financial analysis, Accounting principles (PSAS/IFRS), SAP/financial systems, Budgeting, Attention to detail, Technical proficiency, Attention to detail, Collaboration, Continuous learning
Typical Education
Post-secondary education or equivalent experience relevant to the position
Training
Education: A bachelor's degree in accounting, finance, economics, business administration, or a related field is typically required. Some positions may accept a combination of post-secondary education and relevant work experience.
Certifications: While not always mandatory, professional designations such as CPA (Chartered Professional Accountant), CGA (Chartered General Accountant), or CMA (Certified Management Accountant) are valued and may lead to advancement opportunities.
Professional Development: The Government of Canada supports ongoing learning through tuition assistance, professional development courses, and certifications. DND provides training in government financial systems, costing methodologies, and defence-specific financial practices. You may also access online learning platforms, workshops, and mentoring programs. Employees are encouraged to maintain their professional certifications and stay current with evolving financial management practices.
Entry Plans
Entry into this career typically occurs through federal public service competitions advertised on the Government of Canada Jobs website (jobs.gc.ca). Competitions may be open to Canadian citizens, permanent residents, or current public service employees.
Student Programs: The Public Service Commission offers the Federal Student Work Experience Program (FSWEP) and Post-Secondary Recruitment initiatives, allowing students to gain experience and transition into permanent positions.
Lateral Moves: Current Government of Canada employees in related financial or administrative roles may apply for internal competitions or be considered for deployment to costing positions based on their experience and qualifications.
Recruitment Pools: DND may maintain recruitment pools of qualified candidates to fill vacant positions more efficiently. Successful competition participants may be placed in pools for future openings.
Career Progression: Entry-level positions typically begin at the Financial Analyst level, with opportunities to advance to Senior Financial Analyst, Financial Advisor, or management roles as you gain experience and expertise.
Part-Time Options
Part-time opportunities are available in some cases and are determined based on operational needs and team requirements. Interested candidates should inquire about part-time options during the application process or contact DND Human Resources.
Flexible Work Arrangements: Many costing positions support flexible work schedules, including hybrid arrangements combining office and remote work. The specific flexibility available depends on the position's requirements and management approval. Most analytical work can be performed remotely with access to secure government systems.
Remote Work: Financial Analysts may be eligible for remote work arrangements, particularly for analysis, research, and report preparation tasks. However, some in-person collaboration and meetings may be required depending on your team's location and project requirements.
Work-Life Balance: The Government of Canada is committed to employee wellness and supports various work arrangements to promote work-life balance, subject to operational requirements. Discussions about flexible options should take place with your manager after being hired.
Related Careers
No related military careers on file for this position.
