Cost Accountant
- Toronto, ON
- $75,000-80,000 per year
- Permanent
- Full-time
- Conduct detailed cost analysis to monitor expenses and improve financial efficiency.
- Create Item Master and affiliated records for all new Molded and Printed inventory items
- Develop routings to allocate labour and overhead costs to inventory items
- Ensure purchased items are costed accurately
- Revalue actual inventory costs monthly based on resin pricing
- Weekly reporting of Flash results and customer volumes, including labor and overhead spending with managers/supervisors (weekly and monthly)
- Participate in Month-end financial close in agreed-upon time frame for inventory/cost issues.
- Participate in year-end audit
- Analyze material variances and freight and pallet costs (monthly)
- Assist with financial budget preparation for Toronto facility
- Administration of Bill of Material, Routings and Costed BOMs (daily)
- Administration of daily cycle count adjustments (daily)
- Assist and later lead annual physical inventory to include planning, execution and variance analysis for finished goods, raw materials and W.I.P.
- Proven experience in cost accounting, preferably in a manufacturing or production environment.
- 3-5 years' experience in cost analysis in a manufacturing environment.
- Expertise in conducting variance analysis and interpreting financial data.
- Familiarity with budget planning and cost projection processes.
- Ability to collaborate effectively with materials handling and cross-functional teams.
- Detail-oriented with exceptional analytical and problem-solving skills.
- Knowledge of financial compliance standards and best practices.