Cost Analyst

7 days ago


Woodstock, Canada Vuteq Canada Inc. Full time

**Cost Analyst - Vuteq Canada**

The Vuteq group of companies is actively engaged in automotive parts manufacturing and design and currently supplies Interior and Exterior components to General Motors, Toyota Motor Manufacturing and Honda Motor Manufacturing. Located in Woodstock, Ontario. We are proud to supply quality products and services to our customers for the past 37 years. We are a diverse team of skilled professionals, and pride ourselves in maintaining a culture that is inclusive, supportive and provides opportunities for growth.

**We are currently looking for a**Cost Analyst**to join our team**

The Cost Analyst performs in-depth cost analysis through the collection of information from financial statements, internal departments and databases for the purpose of evaluating departmental and part level cost analysis and reporting results. The team member will also investigate any issues and discrepancies that may arise.

**What we offer**:

- Yearly provided uniforms
- Safety shoe allowance of $160
- Prescription safety glasses
- Employer paid family benefit plan
- RRSP/DPSP Incentives
- Referral bonuses
- Extensive hands-on training
- Team appreciation lunches
- Kaizen incentive program
- Paid sick and personal time
- Paid earned day - 1/year up to 11 max.
- Paid vacation time - 2 weeks/year
- Paid company floaters at Christmas
- Community involvement opportunities
- Company events - Holiday parties, summer picnic, BBQ’s
- Stability - over 35 years in Woodstock
- Paid OT for 40+ hours a week or 8+ hours a day
- Opportunities for team member growth and development

If you are looking to join a company with a friendly atmosphere, and a passionate team with limitless potential, Vuteq is the place for you

**Duties and Responsibilities**
- Utilize financial statements and ERP system information to perform cost analysis and profitability analysis to the department and part level.
- Analyze a multitude of different material costs to ensure system accuracy; also supports the audits of internal Bill of Materials (BOM) by working with those responsible for maintenance of BOMs
- Conduct analysis of quotations on different products and compare to actual cost (quote vs BOM)
- Investigate discrepancies by communicating with other departments within the company to ensure the accuracy of current information and to make corrections as necessary
- Work closely with leadership of departments to study the quantity of material and components that are consumed in production and organize date to compare with ERP system information
- Prepare and organize studies by gathering findings from comparisons and creating reports to present to management and other co-workers
- Support with various departmental functions (ex. Annual budgets, Audits, Financial Reporting)
- Protect organizations value by keeping information confidential

**Job Qualifications**

**_ Education_**
- Successful completion of a minimum 2-4-year post-secondary program; both general business and finance & accounting are considered an asset

**_ Experience_**
- 1-2 years of experience in a business environment
- 1-2 years of accounting or finance experience
- General knowledge of automotive industry

**_ Skills and Abilities_**
- Analytical thinking skills
- Understanding the difference of fixed vs variable expenses and their impact on cost-volume-profit analysis


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