Top Benefits
About the role
Centennial Food Solutions is a leading provider of customized quality center-of-the-plate products in Western Canada. Our goal is simple: to connect our communities through great food and exceptional service. Our reputation as a dependable and flexible partner is why discerning restaurants, retailers, foodservice, and trading companies choose us time and time again. With branches across Western Canada and a vast network of business brands, we are uniquely positioned to bring value to our partners at every turn.
Position Title: Cost Accountant
Location: Calgary, AB
Job Type: Full Time Permanent
Position Summary:
The Cost Accountant plays a critical role in analyzing and controlling production and operational costs to support strategic financial decision-making. This position is responsible for conducting detailed cost analysis, preparing accurate cost reports, and ensuring effective inventory management. The Cost Accountant collaborates closely with cross-functional teams to monitor cost performance, identify efficiency opportunities, and support budgeting, forecasting, and pricing strategies.
Key Responsibilities:
- Cost analysis and Reporting
- Analyze production costs, raw material usage, labor and overheads to determine the cost of goods manufactured (COGM).
- Prepare detailed cost reports and variance analysis on a regular basis.
- Create and monitor various cost types and update them as necessary based on actual production data.
- Inventory and Cost Control
- Maintain accurate records of inventory transactions, including raw materials, work-in-progress (WIP), and finished goods.
- Perform monthly and year-end valuation.
- Conduct periodic inventory counts and reconcile physical counts with system records.
- Identify cost-saving opportunities and recommend ways to reduce waste and improve efficiency.
- Budgeting and Forecasting
- Assist in the preparation of budgets and financial forecasts related to production and operational costs.
- Monitor actual vs. budgeted costs and report variances with root cause analysis.
- Provide cost projections for new products, recipes, or process changes.
- Product Costing and Pricing Support
- Calculate product costs for new product development and provide input for pricing decisions.
- Evaluate the impact of changes in raw material prices, packaging, and labor on product margins.
- Collaborate with production and R&D teams to assess the financial viability of proposed changes.
- Compliance and Internal Controls
- Ensure compliance with company policies, financial regulations, and food industry standards.
- Assist in internal and external audits by providing cost-related documentation.
- Develop and implement cost control policies and procedures.
- Systems and Process Improvement
- Use ERP systems and manufacturing software to track cost data and improve reporting accuracy.
- Identify inefficiencies in cost accounting processes and recommend improvements.
- Support digital transformation and automation efforts related to finance and cost tracking.
- Cross-Departmental Collaboration
- Work closely with procurement, production, quality control, and sales teams to ensure financial goals align with operational objectives.
- Provide financial insights to support decision-making across departments.
- Some travel may be required.
- Additional duties as assigned.
Qualifications and Skills:
- Chartered Professional Accountant (CPA) designation or actively pursuing.
- 5-7 years of experience in a similar role.
- Proven record of hands-on experience with all accounting processes and all areas of accounting.
- Strong attention to detail and accuracy.
- Experience in costing and financial planning & analysis (FP&A) is an asset.
- Experience in Food, Pharmaceutical or Manufacturing experience would be considered an asset.
- Advanced Excel skills would be considered an asset.
- Sage X3 experience would be considered an asset.
- Proven record of implementing process improvements.
- Ability to work independently with minimal supervision.
- Maintain a positive and enthusiastic attitude.
- Maintain confidentiality with sensitive information.
Benefits and Perks
- Comprehensive Health and Dental coverage for you and your family.
- Registered Retirement Savings Plan with company matching contributions.
- Subsidized Company Share Ownership plan.
- Employee Family Assistance Program (support for mental health, financial services, and legal needs).
- Employee pricing on thousands of high-quality foods.
- Career advancement opportunities and training across the company.
- Instant Pay: through pay streaming you can have instant access to earnings without having to wait for payday!
- Belonging to a team that is passionate about food and long-term success.
Please note:
- Candidates must be legally able to work in Canada at this time. Centennial Food Solutions regrets that it is unable to sponsor employment Visas.
- Please note that final candidates for this position may be required to undergo a confidential pre-employment background check which may include but not be limited to criminal, and/or credit testing.
Top Benefits
About the role
Centennial Food Solutions is a leading provider of customized quality center-of-the-plate products in Western Canada. Our goal is simple: to connect our communities through great food and exceptional service. Our reputation as a dependable and flexible partner is why discerning restaurants, retailers, foodservice, and trading companies choose us time and time again. With branches across Western Canada and a vast network of business brands, we are uniquely positioned to bring value to our partners at every turn.
Position Title: Cost Accountant
Location: Calgary, AB
Job Type: Full Time Permanent
Position Summary:
The Cost Accountant plays a critical role in analyzing and controlling production and operational costs to support strategic financial decision-making. This position is responsible for conducting detailed cost analysis, preparing accurate cost reports, and ensuring effective inventory management. The Cost Accountant collaborates closely with cross-functional teams to monitor cost performance, identify efficiency opportunities, and support budgeting, forecasting, and pricing strategies.
Key Responsibilities:
- Cost analysis and Reporting
- Analyze production costs, raw material usage, labor and overheads to determine the cost of goods manufactured (COGM).
- Prepare detailed cost reports and variance analysis on a regular basis.
- Create and monitor various cost types and update them as necessary based on actual production data.
- Inventory and Cost Control
- Maintain accurate records of inventory transactions, including raw materials, work-in-progress (WIP), and finished goods.
- Perform monthly and year-end valuation.
- Conduct periodic inventory counts and reconcile physical counts with system records.
- Identify cost-saving opportunities and recommend ways to reduce waste and improve efficiency.
- Budgeting and Forecasting
- Assist in the preparation of budgets and financial forecasts related to production and operational costs.
- Monitor actual vs. budgeted costs and report variances with root cause analysis.
- Provide cost projections for new products, recipes, or process changes.
- Product Costing and Pricing Support
- Calculate product costs for new product development and provide input for pricing decisions.
- Evaluate the impact of changes in raw material prices, packaging, and labor on product margins.
- Collaborate with production and R&D teams to assess the financial viability of proposed changes.
- Compliance and Internal Controls
- Ensure compliance with company policies, financial regulations, and food industry standards.
- Assist in internal and external audits by providing cost-related documentation.
- Develop and implement cost control policies and procedures.
- Systems and Process Improvement
- Use ERP systems and manufacturing software to track cost data and improve reporting accuracy.
- Identify inefficiencies in cost accounting processes and recommend improvements.
- Support digital transformation and automation efforts related to finance and cost tracking.
- Cross-Departmental Collaboration
- Work closely with procurement, production, quality control, and sales teams to ensure financial goals align with operational objectives.
- Provide financial insights to support decision-making across departments.
- Some travel may be required.
- Additional duties as assigned.
Qualifications and Skills:
- Chartered Professional Accountant (CPA) designation or actively pursuing.
- 5-7 years of experience in a similar role.
- Proven record of hands-on experience with all accounting processes and all areas of accounting.
- Strong attention to detail and accuracy.
- Experience in costing and financial planning & analysis (FP&A) is an asset.
- Experience in Food, Pharmaceutical or Manufacturing experience would be considered an asset.
- Advanced Excel skills would be considered an asset.
- Sage X3 experience would be considered an asset.
- Proven record of implementing process improvements.
- Ability to work independently with minimal supervision.
- Maintain a positive and enthusiastic attitude.
- Maintain confidentiality with sensitive information.
Benefits and Perks
- Comprehensive Health and Dental coverage for you and your family.
- Registered Retirement Savings Plan with company matching contributions.
- Subsidized Company Share Ownership plan.
- Employee Family Assistance Program (support for mental health, financial services, and legal needs).
- Employee pricing on thousands of high-quality foods.
- Career advancement opportunities and training across the company.
- Instant Pay: through pay streaming you can have instant access to earnings without having to wait for payday!
- Belonging to a team that is passionate about food and long-term success.
Please note:
- Candidates must be legally able to work in Canada at this time. Centennial Food Solutions regrets that it is unable to sponsor employment Visas.
- Please note that final candidates for this position may be required to undergo a confidential pre-employment background check which may include but not be limited to criminal, and/or credit testing.