Cost Accountant

1 week ago

Mitchell, Ontario, Canada Sofina Foods Canada Full time

Position Summary
Reporting to the Controller, the Cost Accountant provides financial and analytical support to the plant management. The incumbent ensures data integrity of the plant's financial reporting in accordance with established corporate standards and requirements.

Key Accountabilities

  • Prepares, reviews and analyzes daily, weekly and monthly production reports in accordance with Plant Management, company policy and Generally Accepted Accounting Principles (GAAP) which include costing, inventory, yields, utility usage, scrap/waste, labour efficiency reports.
  • Attend DDS (daily direction setting meetings) – Support Yield and labor meeting with reports updated with latest data to support corrective action by the operational team;
  • Supports the plant management in the analysis of variances between actual costs occurring at the plant and standard costs, variances related to finished goods, products & raw material and impact of variances (PPV) on the plant's financial performance and ensures accuracy of inventory;
  • Update standard cost models (MCM) for raw materials, labor, and overhead based on BOMs, routings, and actual performance.
  • Responsible to assist and support plant management on various departmental initiatives ensuring ongoing analysis and identifying improvement opportunities;
  • Performs product audits, to ensure that product costs accurately reflect production processes;
  • Ensures reporting of month end physical counts to ensure that the production inputs are received by the plant in time for production requirements. Reconciles finished goods inventory levels (analysis of inventory, production and sales levels);
  • Position provides back up support and vacation relief to the finance team and works on adhoc projects as assigned;
  • Complies with and maintains approved corporate standard internal reporting requirements in the plant to ensure accurate information/clarity of the plant's performance. Acts as a primary contact for the plant's financial reporting and communication.

Requirements

  • A diploma/degree in accounting or finance and related account reconciliation experience is required;
  • 3 years experience of cost accounting within an integrated manufacturing environment;
  • Pursuing an accounting designation (CPA);
  • Position requires a working knowledge of Generally Accepted Accounting Principles (GAAP);
  • Able to communicate orally and in writing effectively within various departments;
  • Proficiency in MS Office applications and Advanced knowledge with excel (must be strong with Pivot Tables and file linking);
  • Knowledge of financial/operational database programs ERP System (experience with AS400 considered an asset).

Hiring Range: CAD $56,523 - $75,458

Bonus: This position is eligible for a bonus up to 7% of base salary subject to the plan terms and conditions.

Please note that the expected hiring range provided is derived from a group of like roles within Sofina. The final offer amount for this role will be dependent on geographical region, applicable experience, skillset of the candidate and internal equity.

This position is currently an active vacancy.

#SFOO
Sofina Foods Inc. is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act ('AODA'). Applicants are asked to make their needs/requirements, for the purpose of accommodation under AODA, known to Human Resources when they are contacted for an interview.

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