Lifecycle Cost Analyst

The Lifecycle Cost Analyst supports the mining operations team by performing detailed analysis related to MARC, OPEX, TCO, and lifecycle performance of mining equipment. This role focuses on cost modeling, component-life tracking, general repairs and reliability analytics for undercarriage, Ground Engaging Tools (GET), and other wear-related products.

Pay Type

Full Time, Permanent

Compensation

$69,520 - $86,901

The listed base salary is just one component of our total rewards package, and performance-based or discretionary bonuses may be available.

This role may be based in multiple locations.

As a Lifecycle Cost Analyst, YOU will experience:

• Working within one of the safest organizations in the industry where your safety and well-being are our most important priority
• Working for the best in class equipment dealer and with the premium Caterpillar brand
• Opportunities to continuously Learn, Grow and Develop with our Toromont team through our internal Training teams that are geared for your success
• Competitive total rewards including: wages, benefits, and premiums (as eligible)
• An opportunity for flexible work schedules and opportunities across multiple locations across Eastern Canada

In a typical day, YOU will:

• Conduct detailed analysis of equipment lifecycle costs, including operating expenses (OPEX), MARC consumption trends, and Total Cost of Ownership (TCO) components.
• Track, update, and maintain component centerlines and life-cycle data for mining equipment fleets.
• Monitor wear performance for undercarriage, GET, and wear components, producing reports and forecasts for internal stakeholders.
• Analyze historical consumption, repair cost, and failure-rate data, identifying cost‑reduction and optimization opportunities.
• Ensure data accuracy within LMT, ERS, HMS, MTTT, MMG, or other internal systems
• Prepare recurring cost‑performance dashboards, consumption reports, and lifecycle cost summaries for the mining leadership team.
• Support MARC contract performance reviews by providing analytical insights and trend analysis.
• Compile TCO models with guidance from senior team members; support the validation of assumptions and data inputs.
• Assist in developing standardized processes for data tracking and reporting.
• Collaborate with product support, parts, and service teams to gather field data and validate component life assumptions.
• Contribute to continuous improvement initiatives related to warranty recovery, component performance, and cost optimization
• Maintain equipment population, component, and cost datasets across relevant software platforms.
• Support the Mining Business Develop and corporate analytics groups by ensuring clean, timely, structured data.

Must-haves for this role:

• Minimum of 3-6 years of experience

• Bachelor's degree in Engineering, Business, Data Analytics, or related discipline

• 2-5 years of relevant experience in mining, heavy equipment, or technical cost analysis

• Strong analytical and problem‑solving skills

• Intermediate to advanced Excel/data analysis capabilities

• High attention to detail with excellent organizational skills

• Strong communication skills for presenting findings to non‑technical stakeholders

• Ability to manage multiple tasks with minimal supervision

• Experience working with Caterpillar systems (LMT, ERS, HMS, etc.) or similar mining analytics tools

• Knowledge of undercarriage, GET, or other components

• Understanding of MARC or similar maintenance/support agreements

• Familiarity with TCO modeling concepts

• Bilingualism is an asset (English/French)

About Toromont Cat

With over 4,000 employees and 56 locations from Manitoba to Newfoundland, Toromont Cat has a proven track record, industry knowledge, dealership infrastructure, and service mindset to ensure our Construction, Mining, and Power Generation customers succeed. At Toromont Cat, work is built around people's strengths, our products, technology and an outstanding customer experience and through our strong partnership with Caterpillar , Toromont Cat takes care of our employees who take care of our customers! When you join our team, you become a member of the Toromont family. Your success is our success!

Artificiel Intelligence (AI)

Please note that our hiring processes involve the use of artificial intelligence (AI) tools to assist with screening, assessing, or selecting candidates; all final decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws.

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