Financial Analyst– R&D Operations Q-Block Computing, Edmonton

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.

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