Cost Allocation Financial Analyst Job Calgary area,Alberta Canada,Finance & Banking

Position: Cost Allocation Financial Analyst (Contract)

Cost Allocation Financial Analyst (Contract)

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Date: May 29, 2026

Location: Calgary, Alberta, Canada

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Company: Trans Mountain

Trans Mountain Corporation operates Canada’s only pipeline system transporting oil products to the West Coast. We deliver approximately 890,000 barrels of petroleum products each day through a dual pipeline system of more than 1,150 kilometres of pipeline in Alberta, British Columbia and Washington state.

Trans Mountain also operates a state-of-the-art loading facility, Westridge Marine Terminal, with three berths providing tidewater access to global markets.

As a federal Crown corporation, Trans Mountain continues to build on more than 70 years of experience delivering operational and safety excellence through our crude oil pipeline system.

With our expanded pipeline system now in place, Trans Mountain provides enhanced direct access for Canadian crude oil to world markets. The expansion realizes a world-class system for oil transport, developed to Canada’s high standards within one of the most stringent regulatory regimes in the world, creating long-term economic benefits, enhanced marine protection, enhanced safety and emergency management capabilities, and enhanced skilled-worker capacity building in communities and Indigenous groups.

Our Core Values

Trans Mountain’s core values – Safety, Integrity, Respect and Excellence – guide our every step. Each obstacle we’ve overcome or success we’ve experienced has been the result of a shared commitment to living these values every day. Together, we’re focused on doing the right thing for each other and our communities. If you are looking for an opportunity to apply your strengths in an environment that encourages Safety, Integrity, Respect, and Excellence, we invite you to explore this opportunity with us!

Location: Calgary Head Office

Department: Finance

Reports to: Director, Finance

Worker Type: Contract – 6 months

Schedule Type: Full-time

Work Setting: In-office

Trans Mountain is seeking a collaborative, motivated, and values driven individual to join our dynamic team as a Cost Allocation Financial Analyst (contract). In this position, you will be responsible for maintaining and optimizing the organization’s cost allocation model. This role ensures that shared services, overhead, and operational costs are accurately assigned across projects and business units. The analyst will work closely with Finance, Operations, and Leadership teams to support budgeting, forecasting, and strategic decision-making.

Key Responsibilities

Build, maintain, and enhance cost allocation models for budget and forecast cycles.

Process monthly cost allocations and prepare monthly journals, including the maintaining of allocation splits and project IDs.

Analyze cost trends, variances, and allocation impacts to support budgeting and forecasting cycles.

Prepare annual true-up of actual cost allocations utilizing actual incurred costs and hours.

Ensure accuracy and integrity of financial data used in allocation processes; collaborate with data owners to resolve discrepancies.

Prepare monthly and ad hoc allocation reports, dashboards, and executive summaries. Respond to cost allocation-related queries.

Ensure allocation methodologies align with internal policies, audit requirements, and industry standards.

Qualifications and Professional Experience

Post secondary degree in Finance, Accounting, Economics, Business, or related field.

3–5 years of experience in financial analysis, cost accounting, FP&A, or similar roles.

Strong understanding of cost allocation methodologies.

Advanced proficiency in Excel, Power BI, ERP systems (Microsoft D365, SAP, Oracle, Workday, etc.).

Ability to work with large datasets and translate complex financial concepts into clear insights.

Experience with shared services environments or multi-entity organizations.

Knowledge of D365, SQL, Power Query, or other data-manipulation tools.

Familiarity with budgeting and forecasting cycles.

Ability to influence stakeholders and drive process improvements.

Strong analytical and problem-solving skills, with sound judgment in time-constrained,…