S Cost Accountant

SCOPE OF POSITION The Cost Accountant is responsible for calculating, monitoring and analyzing operating costs, including labour, raw materials, overhead, and inventory. This role evaluates the cost impact of changes in product design, materials, and manufacturing processes; analyzes factors affecting costs and productivity; prepares ad hoc summaries and variance reports; and supports the development and implementation of cost accounting policies, systems, and procedures. FUNCTIONAL RESPONSIBILITIES * Act as sole custodian of the standard costing system. * Analyze actual costs to standard costs and make the appropriate recommendations * Calculate machine hour, direct labor, burden, and overhead rates to be used in standard cost formulation. * Ensure integrity of costing data. * Manage the job close procedure within the required time frame to ensure accurate and timely information. * Formulate and apply transfer pricing policy as required. * Identify problems arising from product attributes and report findings along with recommendations to the Manufacturing and Marketing departments. * Monitor inventory accounts for irregularities and report low, excessive, or aged levels to the Plant Services Manager. * Ensure integrity of inventory accounts through reconciliation. * Review weekly financials to identify and resolve potential issues. * Assist in month/year end financial statement preparation. * Assist with monthly and year-end financial reporting requirements * Assist in yearly budget preparation and data formulation. * Facilitate development of others within the department * Provide backup support for designated Controller functions as assigned. * Provide backup support to Payroll during absences and vacation. * Understand and ensure compliance with HACCP, GMPs, Work Instructions, and Safe Quality Food (SQF) requirements. * Perform other duties as assigned from time to time. MANAGERIAL RESPONSIBILITIES * n/a KEY WORKING RELATIONSHIPS * Regular contact with team members in Engineering, Production, Marketing, Sales, Plant Controllers, and other accounting staff on matters relating to their responsibilities and duties. * Maintain contacts with professional societies and stay current on industry best practices. FUNCTIONAL REQUIREMENTS * Regular use of computers, telephones & misc. office equipment * Ability to work under pressure and meet deadlines. * Ability to work independently. PHYSICAL DEMANDS * Little physical effort required WORK ENVIRONMENT * Office QUALIFICATIONS – EDUCATION AND EXPERIENCE * Degree (4yr) in business or accounting and 1-3 yrs experience in a MRP environment; or 2-year Degree and 5-7 yrs experience in a MRP environment. * Professional accounting designation, or currently working toward obtaining one. QUALIFICATIONS – SKILLS * Proficient in Microsoft Word and Excel * Solid understanding of business fundamentals * Strong analytical skills * Detail oriented In person, Monday through Friday, from 8:30 a.m. to 4:30 p.m.

The Cost Accountant is responsible for managing the standard costing system, analyzing actual versus standard costs, and monitoring inventory accounts. They also support financial reporting, budget preparation, and ensure compliance with quality and safety standards.

Candidates must hold a 4-year degree with 1-3 years of experience or a 2-year degree with 5-7 years of experience in an MRP environment. A professional accounting designation or progress toward one is required, along with proficiency in Microsoft Office and strong analytical skills.

• Microsoft ExcelPreferred
• Microsoft WordPreferred
• Inventory managementPreferred

Identified from the job description. Confirm important requirements above.

• Cost accounting
• Standard costing
• Variance analysis
• Inventory management
• Financial reporting
• Budgeting
• Microsoft Excel
• Microsoft Word
• MRP systems
• Data integrity
• Transfer pricing
• Analytical skills
• Detail oriented
• Financial statement preparation
• Reconciliation
• Office Equipment
• Standard Cost Accounting
• Variance Reporting
• Transfer Pricing
• Inventory Monitoring
• Ability To Meet Deadlines
• Cost Accounting
• Analytical Skills
• Accounting
• Calculations
• Sales
• Financial Statements
• Functional Requirement
• Hazard Analysis And Critical Control Points (HACCP)
• Marketing
• Manufacturing Processes
• Material Requirements Planning
• Operating Cost
• Product Design
• Detail Oriented

• Finance & Accounting
• Manufacturing
• Administrative
• Cost Accountant
• Accountants
• Accountants and Auditors

Minimum education

Professional degree

Minimum experience

2+ years

Posting language

English

Working hours

40 hours per week