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Cost Accountant

3 months ago

Sherwood Park, Canada L'OCA Full time
Job Description:

Title: Cost Accountant

Reports to: Controller

Salary Range: $70K to $80K

Product Costing and Cost Accounting:

Develop and maintain accurate cost accounting models for raw materials, labor, overhead, and other production costs.
Cost out new and existing products, factoring ingredient costs, processing costs, and packaging costs.
Track and analyze variances between budgeted and actual costs, identifying areas for improvement.
Prepare cost reports and presentations for management, providing insights into operational financial performance.

Yield Management:

Investigate and resolve yield issues, implementing optimization strategies to minimize waste and improve production efficiency.
Determine and maintain accurate product yields for costing purposes.
Track compliance with provincial yield regulations and reporting requirements.

Menu & Recipe Management

Ensure accuracy and consistency of menu and recipe data across all systems, implementing best practices.
Build and maintain a comprehensive menu library in collaboration with Operations and Marketing, including detailed recipes, precise ingredient lists, and integrated costing information.
Oversee the development of automated workflows for adding new items, retiring obsolete ones, and updating existing entries, streamlining the process, and ensuring data integrity.

Audit, Compliance & Financial Management:

Assist the financial reporting team as necessary.
Manage compliance with provincial and federal regulations related to food production, safety, and labelling, etc.
Assist the financial reporting accounting team as needed with tasks such as data entry, report preparation, and variance analysis.
Coordinate inventory counts and audits.
Perform other duties as assigned.

Requirements

Bachelor's degree in accounting/ finance.
5+ years proven experience in Cost Accounting ideally in retail, food production industries.
CPA Designation or nearing completion of designation.
Experience utilizing Netsuite & ECRS Catapult will be considered a strong asset.
Strong Financial Acumen & analytical agility
Detail oriented, organized & ability to meet tight deadlines
Advanced knowledge in Excel & MS Office.
Self motivated & results driven; prefers to work in a fast-paced dynamic environment

Working conditions

Working in an office environment 5 days a week. May require some weekends & evenings from time to time to support business needs.