Financial Analyst - R&D Operations

Reposted 15 Days Ago
Be an Early Applicant
Edmonton, AB, CAN
In-Office
60K-75K Annually
Mid level
Information Technology • Consulting
The Role
The Financial Analyst will provide crucial financial support for R&D operations, manage costs, prepare reports, and ensure compliance with government contracts and grants.
Summary Generated by Built In

Q-Block Computing is seeking an experienced and agile Financial Analyst to join our dynamic team in Edmonton. This position offers an exceptional opportunity to support the financial operations of a cutting-edge quantum technology company while working in a fast-paced startup environment. The successful candidate will bring expertise in R&D accounting, government contracting, and grant management to help navigate the complex financial landscape of emerging quantum technologies and defense sector procurement.

Job Summary:

As Financial Analyst for R&D Operations, you will provide critical financial support across multiple revenue streams including government contracts, research grants, and commercial product sales. Your work will encompass cost tracking and allocation for complex R&D projects, financial compliance for defense sector contracts, grant management and reporting, and financial forecasting in a rapidly evolving quantum technology company. This role bridges accounting and operational finance, requiring both technical accuracy and strategic insight into the unique financial challenges of an innovative defense technology company.

Responsibilities

  • Manage cost tracking and allocation across multiple R&D projects funded by government contracts, grants, and internal investments
  • Prepare financial reports and reconciliations for government contracts ensuring compliance with federal accounting requirements and contract terms
  • Monitor grant budgets and prepare quarterly/annual reporting for research funding agencies
  • Track and forecast project costs across quantum photonics R&D, manufacturing development, and system integration activities
  • Support bid and proposal development by providing accurate cost estimates and financial projections for new government contracts
  • Manage accounts payable, accounts receivable, and expense reimbursement
  • Assist with financial analysis for capital equipment purchases and infrastructure investments
  • Prepare cash flow forecasts and budget variance analyses to support business planning
  • Liaise with external auditors on financial compliance matters
  • Document financial processes and maintain organized records for contract and grant audits
  • Support senior finance team with month-end and year-end closing procedures
  • Contribute to financial planning for facility expansion and scaling operations

Qualifications

  • 3+ years of accounting or financial analysis experience in R&D-intensive organizations, preferably technology, research-intensive university, or advanced manufacturing sectors
  • Professional accounting designation (CPA, CGA, or equivalent) preferred but not required
  • Demonstrated experience managing government contracts, grants, or defense sector accounting
  • Strong proficiency with accounting software and financial management systems (QuickBooks, NetSuite, or similar ERP systems)
  • Solid understanding of R&D accounting principles, cost allocation methodologies, and project-based accounting
  • Knowledge of Canadian government contracting requirements and compliance standards
  • Familiarity with grant reporting and financial stewardship requirements for research funding

Technical Requirements

  • Advanced proficiency in Excel including data analysis, financial modeling, and pivot tables
  • Competency with accounting software and basic database management
  • Understanding of government contract cost structures (labor allocation, overhead rates, capital equipment depreciation)
  • Ability to work with multiple funding sources and cost centers simultaneously
  • Knowledge of Canadian tax and payroll requirements

Preferred Assets

  • Experience with government defense or aerospace contracts
  • Familiarity with federal research programs
  • Experience with startup or high-growth company financial operations
  • Knowledge of government grant management
  • Exposure to manufacturing or hardware-intensive R&D environments

Professional Competencies

  • Strong analytical and problem-solving abilities with attention to detail and accuracy
  • Ability to manage multiple complex projects and deadlines in a fast-paced environment
  • Excellent communication skills for explaining financial information to non-financial stakeholders
  • Proactive approach to identifying financial risks and opportunities
  • Comfort learning new systems quickly and adapting to evolving business needs
  • Self-motivated with ability to work independently while collaborating effectively with team
  • Commitment to maintaining confidentiality and handling sensitive financial information professionally
  • Curiosity about emerging technologies and emerging company business models

Benefits

  • Competitive salary commensurate with experience ($60,000-$75,000)
  • Flexible work arrangements
  • Professional development opportunities and continuing education support
  • Exposure to cutting-edge quantum technology development and defense sector innovation
  • Opportunity to grow with a rapidly scaling technology company
  • Potential for career advancement as company expands
  • Health benefits

Work Details

  • Full-time permanent position
  • Location: Edmonton, Alberta (hybrid arrangements possible)
  • Hours: 40 hours per week

Equal Opportunity:

Q-Block Computing is an equal opportunity employer committed to fostering an inclusive environment where innovation thrives. We are committed to treating all employees and applicants for employment with respect and dignity. Applicants requiring accessibility accommodations during the application or interview process are encouraged to notify us, and we will work with you to provide appropriate support.

Application Requirements

  • Resume/CV highlighting relevant experience in accounting, government contracts, and grant management
  • Cover letter addressing interest in financial operations in startup and emerging technology environments
  • References from previous employers or professional contacts
  • Any relevant certifications or professional designations (if any)

Note:

Due to the sensitive nature of our defense-related research and government contracting work, preference will be given to Canadian citizens and permanent residents. Security clearance eligibility may be required for certain project assignments.

All interested candidates meeting the minimum qualifications are encouraged to apply. This position is ideal for finance professionals passionate about supporting innovative technology development who want to make an impact in Canada's quantum technology sector.

Top Skills

Excel
NetSuite
Quickbooks
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The Company
Edmonton, , Alberta
4 Employees
Year Founded: 2020

What We Do

We are a quantum computing startup with a long-haul perspective to commercializing quantum information devices. It is of fundamental interest for human kind to explore and manipulate the physical universe, the Hilbert space with quantum information toolboxes. In a future with a universal quantum computer, we will be able to explore the limits of what is computable in the natural world. Can we exploit information processing to make new tools with an inherent advantage? How much does nature permit us in the power of computing? This ignites our curiosity and aspiration as a species to control and understand the universe from the bottom up. At Q-Block Computing Inc., we aspire to create Q-Block modules as the physical layer of a networked quantum architecture for computing, communication, and sensing. By controlling the quantum information stored in individual atoms with individual photons, these platforms can be applied to a wide range of applications spaces for the early adopters for communication and sensing, as well as for the realization of a fault-tolerant distributed quantum computer. With a capital-efficient business model, we will access horizontal markets in communication, defence and commerce. As a vertically integrated quantum startup, our Q-block modules are based upon the unique technological capabilities in precision optical assembly, ultrastable laser systems, quantum metrology, and quantum control of entanglement between light and matter.

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