Cost Accountant, Financial Services
Top Benefits
About the role
Required Position
Full-Time Appointment
Responsibilities
Reporting to the Director of Planning & Budgeting the Cost Accountant supports the preparation, management, and analysis of financial budgets within an organization. This role ensures that budgets align with organizational goals, monitors expenditures, and provides accurate financial reporting to support strategic decision-making. The Cost Accountant works closely with department heads and leadership to track performance against financial targets and report on results. Additionally, this position will be involved in the analysis and handling of confidential labour relations information.
- Assist in the preparation and consolidation of the organization's annual budget;
- Collaborate with department leaders to gather input and align budgetary goals with organizational priorities;
- Review and analyze historical financial data to forecast future trends and spending needs;
- Track, monitor, and report on budget performance, including variances between actual and planned expenditures;
- Conduct monthly, quarterly, and annual budget reviews to ensure financial targets are being met;
- Identify and address discrepancies, inefficiencies, and overspending;
Assist in the preparation of detailed financial reports and presentations for stakeholders, including leadership and board members; - Ensure accurate documentation and compliance with organizational and regulatory standards;
- Provide recommendations for adjustments to improve budget alignment and cost-effectiveness;
- Serve as a liaison between the finance team and other departments regarding budget-related inquiries;
- Provide training and support to staff on budget procedures, tools, and policies;
- Ensure adherence to financial regulations and policies;
- Maintain accurate records of budget approvals, amendments, and supporting documentation;
- Evaluate and improve budgeting processes and systems to enhance efficiency and accuracy;
- Stay updated on financial best practices, tools, and software;and
- Perform other duties as assigned.
Qualifications
- Completion of a University Degree in Finance, Accounting, Economics, or a related field.
- Minimum of three (3) to five (5) years of relevant experience in cost accounting, budgeting, financial analysis, or a related role, preferably in a university or public-sector environment.
- A Chartered Professional Accountant (CPA) designation is required, or must be actively pursuing a CPA Designation.
- Strong knowledge of financial software and budgeting tools (e.g., Excel, QuickBooks, SAP).
- Strong analytical and problem-solving abilities.
- Strong communication skills.
- Advanced Microsoft Excel skills (e.g., pivot tables, macros).
- Attention to detail and organizational skills.
- Excellent interpersonal skills.
- Ability to manage multiple priorities and meet deadlines.
- Knowledge of the principles & practices of process improvements.
- Ability to understand and meet the needs of internal stakeholders.
- Ability to respond quickly to emerging opportunities or risks.
- Ability to work fluently (verbal and written) in both official languages, French and English, is required.
The official University hours of operation shall be from 9:00 a.m. to 4:30 p.m., Monday through Friday, during, and including, the months from September to April, and from 8:30 a.m. to 4:00 p.m Monday through Friday during and including May to August., amounting to thirty-three and three-quarter (33.75) hours per week.
Laurentian University has adopted a formal Policy on Flexible Work Arrangements, which supports remote work plans based on operational considerations. At Laurentian University, we recognize that work-life balance is essential for both personal well-being and professional success. Our policy offers employees some flexibility to better balance personal needs while maintaining effective service delivery.
Position No.
AP1071-04
Salary
$ 71,159 - $88,708 per year
Competition ends
Tuesday, August 12th 2025 at 4:00 pm
Academics
Admissions
Careers
Helpful Contacts
Services
Directories
Contact Us
1.800.461.4030
705.675.1151
View Campus Map
935 Ramsey Lake Rd. Sudbury, ON P3E 2C6
Book a campus tour or academic counselling session:
1.800.461.4030
705.673.6594
Land Acknowledgment - Aki Gaabijidebendaagwak
We would like to acknowledge the Robinson-Huron Treaty of 1850. We also further recognize that Laurentian University is located on the traditional lands of the Atikameksheng Anishnawbek and that the City of Greater Sudbury, also includes the traditional lands of the Wahnapitae First Nation. We extend our deepest respect to Indigenous peoples - as a sign of our continued relationship we will support Laurentian University’s Truth and Reconciliation Task Force Recommendations. Miigwech. Listen to it in Anishinaabemowin.
Laurentian University. Sudbury, Ontario, Canada. All Rights Reserved. 2025.
Policies
Accessibility
About Laurentian University
Laurentian University (Université Laurentienne), which was incorporated on March 28, 1960, is a mid-sized bilingual university in Greater Sudbury, Ontario, Canada.While primarily focusing on undergraduate programming, Laurentian also features the east campus of Canada's newest medical school - the Northern Ontario School of Medicine, which opened in 2005. Its school of Graduate Studies offers a growing number of graduate-level degrees.
Cost Accountant, Financial Services
Top Benefits
About the role
Required Position
Full-Time Appointment
Responsibilities
Reporting to the Director of Planning & Budgeting the Cost Accountant supports the preparation, management, and analysis of financial budgets within an organization. This role ensures that budgets align with organizational goals, monitors expenditures, and provides accurate financial reporting to support strategic decision-making. The Cost Accountant works closely with department heads and leadership to track performance against financial targets and report on results. Additionally, this position will be involved in the analysis and handling of confidential labour relations information.
- Assist in the preparation and consolidation of the organization's annual budget;
- Collaborate with department leaders to gather input and align budgetary goals with organizational priorities;
- Review and analyze historical financial data to forecast future trends and spending needs;
- Track, monitor, and report on budget performance, including variances between actual and planned expenditures;
- Conduct monthly, quarterly, and annual budget reviews to ensure financial targets are being met;
- Identify and address discrepancies, inefficiencies, and overspending;
Assist in the preparation of detailed financial reports and presentations for stakeholders, including leadership and board members; - Ensure accurate documentation and compliance with organizational and regulatory standards;
- Provide recommendations for adjustments to improve budget alignment and cost-effectiveness;
- Serve as a liaison between the finance team and other departments regarding budget-related inquiries;
- Provide training and support to staff on budget procedures, tools, and policies;
- Ensure adherence to financial regulations and policies;
- Maintain accurate records of budget approvals, amendments, and supporting documentation;
- Evaluate and improve budgeting processes and systems to enhance efficiency and accuracy;
- Stay updated on financial best practices, tools, and software;and
- Perform other duties as assigned.
Qualifications
- Completion of a University Degree in Finance, Accounting, Economics, or a related field.
- Minimum of three (3) to five (5) years of relevant experience in cost accounting, budgeting, financial analysis, or a related role, preferably in a university or public-sector environment.
- A Chartered Professional Accountant (CPA) designation is required, or must be actively pursuing a CPA Designation.
- Strong knowledge of financial software and budgeting tools (e.g., Excel, QuickBooks, SAP).
- Strong analytical and problem-solving abilities.
- Strong communication skills.
- Advanced Microsoft Excel skills (e.g., pivot tables, macros).
- Attention to detail and organizational skills.
- Excellent interpersonal skills.
- Ability to manage multiple priorities and meet deadlines.
- Knowledge of the principles & practices of process improvements.
- Ability to understand and meet the needs of internal stakeholders.
- Ability to respond quickly to emerging opportunities or risks.
- Ability to work fluently (verbal and written) in both official languages, French and English, is required.
The official University hours of operation shall be from 9:00 a.m. to 4:30 p.m., Monday through Friday, during, and including, the months from September to April, and from 8:30 a.m. to 4:00 p.m Monday through Friday during and including May to August., amounting to thirty-three and three-quarter (33.75) hours per week.
Laurentian University has adopted a formal Policy on Flexible Work Arrangements, which supports remote work plans based on operational considerations. At Laurentian University, we recognize that work-life balance is essential for both personal well-being and professional success. Our policy offers employees some flexibility to better balance personal needs while maintaining effective service delivery.
Position No.
AP1071-04
Salary
$ 71,159 - $88,708 per year
Competition ends
Tuesday, August 12th 2025 at 4:00 pm
Academics
Admissions
Careers
Helpful Contacts
Services
Directories
Contact Us
1.800.461.4030
705.675.1151
View Campus Map
935 Ramsey Lake Rd. Sudbury, ON P3E 2C6
Book a campus tour or academic counselling session:
1.800.461.4030
705.673.6594
Land Acknowledgment - Aki Gaabijidebendaagwak
We would like to acknowledge the Robinson-Huron Treaty of 1850. We also further recognize that Laurentian University is located on the traditional lands of the Atikameksheng Anishnawbek and that the City of Greater Sudbury, also includes the traditional lands of the Wahnapitae First Nation. We extend our deepest respect to Indigenous peoples - as a sign of our continued relationship we will support Laurentian University’s Truth and Reconciliation Task Force Recommendations. Miigwech. Listen to it in Anishinaabemowin.
Laurentian University. Sudbury, Ontario, Canada. All Rights Reserved. 2025.
Policies
Accessibility
About Laurentian University
Laurentian University (Université Laurentienne), which was incorporated on March 28, 1960, is a mid-sized bilingual university in Greater Sudbury, Ontario, Canada.While primarily focusing on undergraduate programming, Laurentian also features the east campus of Canada's newest medical school - the Northern Ontario School of Medicine, which opened in 2005. Its school of Graduate Studies offers a growing number of graduate-level degrees.