Cost Accounting Manager
1 week ago
**Cost Accounting Manager**
**Key Responsibilities**:
- **Product Manufacturing Costs**:
- Calculate and analyze product manufacturing costs to ensure accuracy and efficiency.
- Conduct regular cost audits to identify areas for improvement and cost-saving opportunities.
- **Price and Labor Variances Analysis**:
- Monitor and analyze price and labor variances to identify deviations from standard costs.
- Collaborate with cross-functional teams to investigate and address any variances.
- **Inventory Control and WIP Valuation**:
- Oversee inventory control processes and ensure accurate valuation of Work-in-Progress (WIP).
- Implement and maintain effective systems for tracking and reporting on inventory levels.
- Ability to implement a new ERP financial system
- **Contract Management and Billing**:
- Manage contracts related to product manufacturing and ensure accurate billing processes.
- Collaborate with sales and operations teams to ensure alignment between contracts and financial goals.
- **Financial Reporting**:
- Prepare and analyze monthly financial statements, providing insights into cost performance and financial health.
- Work closely with the finance team to ensure accurate and timely reporting.
- **Annual Budgets and Cost Management**:
- Lead the development of annual budgets, collaborating with various departments to align financial goals with overall business objectives.
- Implement strategies for effective cost management to achieve budgetary targets.
- **Cash Management**:
- Monitor cash flow and implement strategies to optimize cash management.
- Work with treasury and finance teams to ensure liquidity and financial stability.
- **Accounts Receivable and Payable**:
- Oversee accounts receivable and payable functions, ensuring timely and accurate processing of transactions.
- Implement measures to minimize outstanding receivables and optimize payment terms.
**Qualifications**:
- Bachelor's or Master's degree in Accounting, Finance, or related field. CPA or CMA certification is a plus.
- 7-10+ years of experience in cost accounting, with a strong background in a manufacturing environment.
- Proficient in using accounting software and ERP systems.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to work collaboratively in a cross-functional team environment.
**Salary**: $65,000.00-$75,000.00 per year
**Benefits**:
- Dental care
- Extended health care
- On-site gym
- RRSP match
- Vision care
Schedule:
- 8 hour shift
Work Location: In person
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