Cost Analyst

4 months ago

Mississauga, Canada Romet Limited Canada Full time

**JOB TITLE: Cost Analyst**

**Location: Mississauga**

***

**Why you should come work with the Romet Team**:

- **We offer market competitive salaries**:

- **Annual bonus plan**:

- **100% company paid benefits**:

- **Group pension plan**:

- **Training opportunities**:

- **Social events, a great team and more**

ROMET Limited was founded in 1972. Today, Romet is an international market leader that provides end-to-end measurement solutions to natural gas utilities across the globe by providing best-in-class technologies to meet our customers' needs now and 20 years from now. Our technological platforms are designed to seamlessly provide customer-centric measurement solutions. Our mission is centered on customer satisfaction through responsive deliveries, technical support and customer service that is matched with rugged and reliable products, manufactured with uncompromising quality, accuracy and safety requirements. We will continue developing innovative technologies within the natural gas industry, promoting efficient, sustainable and cost-effective energy solutions.

Romet is a collaborative organization where talent is combined with experience to drive our business toward success. This is made possible by the work ethic, creativity and passion of our team members and their continued commitment to delivering customer satisfaction. Our team is truly diverse with different areas of expertise and backgrounds, all guided by a team of experienced and innovative leaders. Romet has been recognized as a Platinum winner for Best Managed Companies in Canada for eight consecutive years.

For the right person this is an exciting opportunity to be developed and invested in to become an integral member of the accounting team. The Cost Analyst will be a key contributor to the accounting department with the objective of delivering a high level of accuracy, integrity, and timeliness reporting. The individual will work collaboratively with both the accounting team and other departments to achieve corporate objectives, deadlines and enforce corporate policies.

If you are excited at the prospect of joining a high growth, technically relevant organization this may be the opportunity for you.

**General Accountability**:
Reporting directly to the Accounting Lead - Costing/Payroll/General Accounting, the Cost Analyst role will be a key contributor to the accounting department with the objective of delivering a high level of accuracy, integrity, and timeliness reporting. The individual will work collaboratively with both the accounting team and other departments to achieve corporate objectives, deadlines and enforce corporate policies.

**Key Job Responsibilities and Accountabilities**:

- Analyze and monitor production costs, including materials, labor, and overhead, to identify variances
- Collaborate with the Shipping and Receiving team to track inventory movements and support the inventory reconciliation process
- Review output and consumption reports, including daily input, to ensure accuracy
- Analyze actual manufacturing costs and prepare periodic reports comparing expected costs to actual production costs
- Assess current production processes to identify inefficiencies, ensuring established procedures are followed to minimize errors and optimize resource utilization
- Analyzing audits of costs and preparing reports for external auditors
- Recording cost information for use in controlling expenditures and identifying possible opportunities for improving the efficiency of production to improve profitability
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Other ad-hoc reports and duties as assigned

**Skills and Qualifications**:

- Sound understanding of accounting principles, specifically in Cost Accounting
- Working knowledge of manufacturing ERP Systems - Microsoft Business Central preferred
- Strong problem-solving and excellent analytical abilities in a fast-paced, multi-tasking environment
- Excellent computer skills with Microsoft Excel, Word, and PowerPoint required
- Effective communication skills in both written and verbal forms.

**Educational/Experience Requirements**:

- Bachelor’s degree in accounting/finance or equivalent required
- A minimum of 2 years of cost systems background in a manufacturing environment

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