Cost Accountant

LocationBrampton, Ontario
LocationMississauga, Ontario
Reports ToAccounting Manager
Position Overview

The Cost Accountant will report directly to the Accounting Manager and will be part of the team responsible for month-end close, accurate inventory costing, account reconciliations and analysis.

Duties & Responsibilities
  • Apply fundamental accounting theories and concepts to support the cost accounting function
  • Collect, update, and analyze all relevant costing data to develop and maintain standard costs for materials and labor
  • Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory, labor, and finished good
  • Ownership for item set-up and update costs to drive accuracy of the bill of material
  • Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost and margin
  • Calculate actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs and investigate variance
  • Analyze labor absorption and correct variances to ensure cost accuracy
  • Review of the integrity and reasonableness of the cost accounting systems on a periodic basis
  • Coordinate periodic physical inventory count
  • Managing month-end financial close process for inventory and related items, and liaising with finance team on the preparation of journal entries, account reconciliation
  • Assist in the future D365 ERP implementations and ad hoc projects.
Skills & Qualifications
  • Accounting designation (CPA, CMA preferred) or nearing completion of same combined with post-secondary education with a specialty in Accounting or Business Administration
    3 or more years of related general accounting experience in a complex manufacturing environment
  • Familiarity with costing methodologies
  • Experience in D365 and/or Navision an asset
  • Possesses a strong systems background and excellent analytical skills
  • Good written, verbal communication and collaborative skills
  • Proficiency in Excel and Microsoft Office products
  • Ability to work independently under minimal supervision and with competing priorities.
  • Possesses Company values of honesty, integrity, respect, commitment and openness to change while modelling the Company Core Principles in all activities
  • Ability to foster collaborative, cross department relationships to meet common objectives
  • Ability to travel 2 – 3 times per year to US locations.