Cost Accountant

LocationBrampton, Ontario
LocationMississauga, Ontario
DepartmentAccounting/Finance
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.
Qualities
  • 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.
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