Cost Accountant

4 weeks ago

Montreal, Quebec, Canada Hood Packaging Corporation Full time
Job Title: Cost Accountant

The Cost Accountant plays a crucial role in Hood Packaging Corporation by analyzing and tracking operating costs, identifying areas for improvement, and implementing cost-saving measures. This position requires a strong understanding of business fundamentals, analytical skills, and proficiency in Microsoft Word and Excel.

Key Responsibilities:
  • Develop and maintain accurate and reliable cost accounting systems and procedures.
  • Analyze actual costs to standard costs and make recommendations for improvement.
  • Calculate machine hour, direct labor, burden, and overhead rates to support standard cost formulation.
  • Ensure the integrity of costing data and inventory accounts.
  • Manage the job close procedure to ensure timely and accurate information.
  • Formulate and apply transfer pricing policy as required.
  • Identify and report problems arising from product attributes to the Manufacturing and Marketing departments.
  • Monitor inventory accounts for irregularities and report low, excessive, or aged levels to the Purchasing Manager.
  • Ensure the integrity of inventory accounts through reconciliation.
  • Review weekly financials to uncover pending problems and implement solutions.
  • Assist in month/year-end financial statement preparation and monthly/year-end financial reporting requirements.
  • Assist in yearly budget preparation and data formulation.
  • Facilitate the development of others within the department.
  • Backup certain Controller functions as assigned.
Qualifications:
  • University degree in business or accounting and 1-3 years of experience in a MRP environment.
  • Professional accounting designation or working towards a designation.
  • Computer literate with proficiency in Microsoft Word and Excel.
  • Solid understanding of business fundamentals and strong analytical skills.

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