Cost Accountant
3 days ago
The Company
Porter Engineered Systems (Windsor, ON) is a division of Pangeo Corporation.
Pangeo Group is a world-class global supplier that specializes in manufacturing safety critical components within Powertrain Systems, Seating Systems, Accessory Systems, and Other Components & Assemblies. Our Manufacturing facilities, Technology, and Distribution Centers are located throughout North America, Asia, and Europe.
Pangeo is a full service, vertically integrated supplier providing complete development, design & engineering, program management, with 24 hours a day support. Our engineering expertise allows us to provide any level of service from black box design to build to print. We have the competitive advantage with the option of low-cost manufacturing, innovation and advanced technology. At Pangeo we pride ourselves at being globally competitive and continue to strive for excellence every day.
Porter Engineered Systems is proudly manufacturing automotive parts for of OEM and Tier 1 clients.
We are recruiting a
Cost Accountant
to work at our plant in Windsor, ON (6500 Cantelon Dr.).
Responsibilities
Financial Accounting & Reporting
- Prepare and post journal entries related to COGS, inventory movements, and production costs.
- Ensure timely and accurate month-end close for the plant, including reporting of production-related accounts.
- Reconcile key balance sheet accounts: inventory, accruals, GR/IR, and prepaids.
Costing & Inventory Management
- Establish, monitor, and maintain accurate standard costs for materials, labor, and overhead.
- Perform detailed variance analysis (PPV, usage, labor efficiency, overhead absorption) and identify root causes.
- Review actual vs. standard cost deviations monthly and coordinate with operations to resolve discrepancies.
- Analyze bill of materials (BOM) and routing accuracy, ensuring costing aligns with operational performance.
Accounts Payable Posting
- Review and process vendor invoices for plant expenses and ensure proper cost centers and GL accounts are assigned.
- Ensure accurate and timely payment to suppliers.
Compliance and Internal Controls
- Ensure compliance with company policies, GAAP/IFRS, and applicable local regulations.
- Maintain documentation for external reviews and participate in preparation of reviews.
- Implement and monitor internal controls to safeguard plant assets and ensure accurate financial reporting.
Other Duties
- Review and process approval workflows in our home-grown system, including Purchase Requisition, Supplier Application Form, etc.
- Support ad-hoc analysis, cost reduction initiatives, and other finance team projects as assigned.
Qualifications
- Education: Bachelor's degree in Accounting, Finance, or a related field.
- Experience: Minimum of 3 years of accounting experience, with a strong preference for experience in a manufacturing environment.
- Language Proficiency: Fluent in both written and verbal English to effectively communicate with team members. Proficiency in Mandarin is a plus due to global team interaction
- Technical Skills: Proficiency in ERP systems (SAP highly preferred). Advanced Microsoft Excel skills, including data analysis and complex formulas.
Competencies / Behaviors
- Curiosity and Initiative: You ask the right questions, dig into data, and find solutions before problems arise.
- Ownership: You take responsibility for your work and continuously seek ways to improve processes and outcomes.
- Attention to Detail: You ensure accuracy in every task, from reconciliations to reporting.
- Analytical Skills: Strong problem-solving abilities with a data-driven approach to decision-making.
- Teamwork and Adaptability: Open to feedback and collaborative ideas from management to peers to drive continuous improvement.
KPIs (Illustrative)
- Month-End Close Timeliness
- Operational Cost Adherence
- Cost Variance Analysis Completion
Reporting Structure
- Direct Report to Corporate Finance who oversees plant financials
- Dotted-Line Report to Plant Manager
Join us in our commitment to excellence as we strive to deliver top-quality products while fostering a culture of continuous improvement.
We thank all the applicants for their interest, but only those selected for an interview will be contacted.
Porter Engineered Systems is an equal opportunity employer committed to diversity and inclusion. Disability-related accommodations during the recruitment process are available upon request.
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