Senior Cost Accountant

6 months ago

Toronto, Canada merrithew corporation Full time

Position overview

Reporting to the Plant Finance Manager, you will play a critical role in our finance department, responsible for overseeing and managing cost accounting functions. Your core responsibilities will be implementing and maintaining the standard cost system, monitoring inventory quantity levels and reporting on inventory, utilizing Sage 300 and Misys. You will work closely with cross-functional teams to ensure accurate and timely cost analysis and reporting, as well as provide valuable insights to support the company's financial goals.

Reporting to the Plant Finance Manager, you will play a critical role in our cost management department. Your core responsibilities will be Management of the Standard cost system, Cost Variance Analysis, Operation’s Budget and forecasts, and Operation’s Monthly financial reports.

Utilizing Sage 300 and Misys Manufacturing System, you will work to ensure accurate and timely cost analysis and management reporting. You will be working closely with the Manufacturing, Procurement and Materials Departments with regards to day to day activities and cost reporting processes.

You will assist cross-functional teams to provide valuable insights supporting the company's financial goals.

Major responsibilities

Standard cost management

Develop and maintain the standard cost system for all products, including both locally sourced and internationally procured goods, including managing the annual budgeted standard cost cycle Create and maintain Sage and Misys Item Master and Set up the Bill of Material for Finished Good Items Regularly review and update standard costs to reflect changes in market conditions and manufacturing processes

Inventory control

Oversee inventory valuation and reconciliation to ensure accuracy Monitor and maintain inventory reporting, to assist with minimizing carrying costs while ensuring uninterrupted production Manage the RMA (Return Merchandise Authorization system)

Cost analysis

Analyze cost variances and deviations from standard costs, providing insights and recommendations for improvement Prepare cost reports and analyses for management, identifying areas for cost reduction and process optimization

Budgeting and forecasting

Collaborate with finance, procurement, and sourcing teams to prepare and manage cost-related budgets and forecasts Provide accurate financial information for decision-making and financial planning

Compliance and reporting

Continuously identify and implement process improvements to enhance efficiency and accuracy in cost accounting and inventory management

Cross-functional collaboration

Work closely with purchasing, production, and supply chain teams to ensure alignment and accuracy in cost data Assist Sales and Logistics teams with invoicing issues Collaborate with IT to optimize the use of Sage 300 and Misys in cost accounting processes

Compliance and reporting

Prepare and submit financial reports and statements, with a focus on monthly inventory reporting and plan operating costs Ensure compliance with Canadian accounting standards and regulations

Skills and qualifications

7-10 years’ experience in cost accounting, including 3-5 years at the supervisory / managerial level Bachelor's degree in Accounting, Finance, or equivalent – with Cost accounting major preferred 7-10 years’ experience with Standard cost using Sage 300/Misys or similar standard cost and manufacturing inventory reporting system Experience with multi-currency financial systems Experience with standard costing and working in a manufacturing environment is required Experience upgrading, converting, and implementing new manufacturing systems Experience with Bin tracking and RFID automation Experience managing inventory from multiple physical locations, including 3PL’s in North America, Europe, and Asia Experience managing annual financial audit, liaising with external auditors Proven experience in cost accounting in a manufacturing environment, preferably in Canadian Generally Accepted Accounting Principles (Canadian GAAP) or the Accounting Standards for Private Enterprises (ASPE) Strong knowledge of Bill of Materials & standard cost accounting principles and practices Proficiency in using Sage 300 and Misys for cost accounting purposes Excellent analytical and problem-solving skills Strong communication and interpersonal skills for cross-functional collaboration Strong knowledge of internal controls Attention to detail and the ability to work independently and as part of a team Familiarity with international procurement and managing costs in multiple currencies Strong execution and prioritization skills

  • Senior Cost Accountant

    1 month ago

    Toronto, Ontario, Canada Riverside Natural Foods Full time

    Join Our Team as a Senior Cost AccountantRiverside Natural Foods Ltd. is a leading Canadian-based, family-owned business committed to making a positive impact on the world. As a B-Corp certified company, we prioritize sustainability, social responsibility, and environmental stewardship. We're seeking a highly skilled Senior Cost Accountant to join our team...

  • Senior Cost Accountant

    2 weeks ago

    Toronto, Ontario, Canada merrithew corporation Full time

    Job Title: Senior Cost AccountantJob Summary:Merrithew Corporation is seeking a highly skilled Senior Cost Accountant to join our finance team. As a key member of our cost management department, you will play a critical role in ensuring the accuracy and efficiency of our financial processes.Main Responsibilities:Standard Cost Management:Develop and maintain...

  • Senior Cost Accountant

    1 week ago

    Toronto, Ontario, Canada Riverside Natural Foods Full time

    About the RoleRiverside Natural Foods is committed to its mission of delivering high-quality, nutritious products while minimizing its environmental footprint. As a Senior Cost Accountant, you will play a pivotal role in achieving this goal by providing financial leadership to our plant operations and other cross-functional teams.Key ResponsibilitiesAssist...

  • Senior Construction Cost Estimator

    1 week ago

    Toronto, Ontario, Canada CB ROSS COST CONSULTING INC Full time

    Career Opportunity: Senior Construction Cost EstimatorJob Summary:We are seeking an experienced Senior Construction Cost Estimator to join our team at CB ROSS COST CONSULTING INC. In this role, you will be responsible for providing accurate and timely cost estimates for construction projects.About the Role:The successful candidate will have a strong...

  • Senior Cost Accountant

    4 weeks ago

    Toronto, Ontario, Canada merrithew corporation Full time

    Job SummaryThe Merrithew Corporation is seeking a highly skilled Senior Cost Accountant to join our finance team. As a key member of our cost management department, you will be responsible for overseeing and managing cost accounting functions, including implementing and maintaining the standard cost system, monitoring inventory quantity levels, and reporting...

  • Senior Cost Accountant

    1 month ago

    Toronto, Ontario, Canada beBee Professionals Full time

    Job SummarybeBee Professionals is looking for a Senior Cost Accountant to join our team in Toronto. The successful candidate will be responsible for analyzing and reporting on the cost of goods manufactured, providing financial analysis and support to the manufacturing team, and ensuring compliance with accounting standards.The ideal candidate should have a...

  • Cost Accountant Specialist

    3 weeks ago

    Toronto, Ontario, Canada Vaco Full time

    About the OpportunityWe are seeking a highly skilled Senior Cost Accountant to join our team at Vaco.Key Responsibilities:Participate in month-end close activities, create journal entries, prepare standard financial and operational reports, and explain operational activities/related variances.Perform work order review/analysis, assessing accuracy and...

  • Senior Cost Analyst

    2 weeks ago

    Toronto, Ontario, Canada merrithew corporation Full time

    At Merrithew Corporation, we are seeking an experienced Senior Cost Accountant to join our finance team. This role is a critical part of our cost management department, and the ideal candidate will have 7-10 years of experience in cost accounting, with at least 3-5 years in a supervisory or managerial position.ResponsibilitiesCost Management: Implement and...

  • Sr. Cost Accountant

    2 months ago

    Toronto, Canada Riverside Natural Foods Full time

    Join Riverside Natural Foods Ltd., a $300 million+ Canadian-based, family-owned, and globally operating business, committed to leaving the world better than we found it. As a B-Corp certified, Triple-Bottom Line, Zero Waste company, we are proudly manufacturing nutritious, 'better-for-you" snacks known as MadeGood and GOOD TO GO. We value teamwork,...

  • Senior Cost Accountant

    1 month ago

    Toronto, Canada Vaco Full time

    About the Company  Our client is sourcing for a Senior Cost Accountant (Plant Accountant) for a permanent contract.  About the Opportunity  Participates in month-end close activities creates journal entries, prepares standard financial and operational reports, explains operational activities/related variances, reports monthly plant performance,...

  • Senior Cost Accountant

    2 months ago

    Toronto, Canada Vaco Full time

    About the Company Our client is sourcing for a Senior Cost Accountant (Plant Accountant) for a permanent contract.  About the Opportunity Participates in month-end close activities creates journal entries, prepares standard financial and operational reports, explains operational activities/related variances, reports monthly plant performance, inventory...

  • Senior Cost Accountant

    2 months ago

    Toronto, Canada Vaco Full time

    About the Company Our client is sourcing for a Senior Cost Accountant (Plant Accountant) for a permanent contract.  About the Opportunity Participates in month-end close activities creates journal entries, prepares standard financial and operational reports, explains operational activities/related variances, reports monthly plant performance, inventory...

  • Senior Cost Consultant

    2 months ago

    Toronto, Canada Turner & Townsend Full time

    Company Description From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations. With offices located globally, you're never far away from our services. Working from...

  • Senior Cost Consultant

    2 months ago

    Toronto, Canada Turner & Townsend Full time

    Job DescriptionAs an Senior Cost Consultant, you will be involved in:Preparing Construction Cost Estimate reports at all stages of design for education, healthcare, residential corporate occupier and commercial projects within Toronto, the GTA and nationally as requiredManaging estimating and cost planning activities including taking ownership of and...

  • Senior Project Cost Manager

    1 week ago

    Toronto, Ontario, Canada Arcadis Full time

    Job OverviewArcadis, a leading consultancy in sustainable development, is currently seeking an experienced Senior Project Cost Manager to join our team in Canada.We design connected, sustainable solutions that integrate existing infrastructure with new technologies and optimize the mobility of people and goods.This role involves providing advisory services...

  • Senior Cost Estimator

    3 weeks ago

    Toronto, Ontario, Canada Fomento de Construcciones y Contratas Canada Ltd. Full time

    Job Title: Senior Cost EstimatorJob Summary:Fomento de Construcciones y Contratas Canada Ltd. is seeking an experienced Senior Cost Estimator to join our team. As a Senior Cost Estimator, you will be responsible for preparing accurate and detailed cost estimates for various construction projects.Responsibilities:* Prepare detailed cost estimates for...

  • Senior Cost Consultant

    4 weeks ago

    Toronto, Ontario, Canada Turner & Townsend Full time

    Job Title: Senior Cost ConsultantAbout the Role:We are seeking an experienced Senior Cost Consultant to join our team at Turner & Townsend. As a Senior Cost Consultant, you will be responsible for preparing construction cost estimate reports at all stages of design for various projects. You will also manage estimating and cost planning activities, including...

  • Senior Cost Consultant

    2 months ago

    Old Toronto, Canada Turner & Townsend Full time

    Company DescriptionFrom the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations. With offices located globally, you're never far away from our services. Working from 113...

  • Senior Cost Consultant

    3 weeks ago

    Old Toronto, Canada Turner & Townsend Full time

    Job Description As a Senior Cost Consultant, you will be involved in: Preparing Construction Cost Estimate reports at all stages of design for education, healthcare, residential, corporate occupier, and commercial projects within Toronto, the GTA, and nationally as required. Managing estimating and cost planning activities including taking ownership of and...

  • Senior Development Accountant

    4 weeks ago

    Toronto, Ontario, Canada TalentSphere Staffing Solutions Full time

    Our client, a rapidly growing organization, is seeking a highly skilled Senior Development Accountant to join their team. As a key member of the finance department, you will be responsible for maintaining and managing a portfolio of commercial and residential properties under development across different entities within a Domestic portfolio.The ideal...