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Cost Analyst

4 months ago


Toronto ON, Canada Mace Staffing Solutions Inc. Full time

We are currently seeking a highly motivated Cost Analyst to join one of our valued clients. The ideal candidate will have a strong background in costing and financial analysis, particularly within the manufacturing industry.Responsibilities:Manage and update bills of materials, including labor and overhead allocations.Oversee financial aspects of quality deductions and shipping chargebacks.Collaborate with logistics and materials teams to optimize freight spend and inventory management.Administer capital assets, including tracking purchases, reconciliations, and depreciation.Reconcile prepaid expenses and various other expenses such as labor, overhead, and S&A.Identify and implement cost-saving opportunities through offsetting revenue generation, government grants, and other methods.Analyze and explain cost variances to divisional management and prepare financial analyses for current and prospective projects.Assist in month-end financial reporting, annual budget preparation, and quarterly reforecasting.Requirements:University degree in finance, accounting, commerce, or a related field.CPA or other relevant professional accounting/financial designation is an asset.Minimum of 2 years experience in costing, financial analysis, or audit.Proficiency in managing bills of materials within a manufacturing environment.Strong knowledge of Microsoft Office and SAP.Excellent organizational, problem-solving, and communication skills.Ability to lead projects and work cross-functionally with various departments.If you are a detail-oriented and results-driven professional looking to advance your career in a challenging and rewarding environment, we encourage you to apply.