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Factory Production Cost Accountant

Able Group14 days ago
Surrey, BC
Mid Level
Full-time

About the role

****Please complete all pre-screening questions if applying for this position.

Job Title: Factory Production Cost Accountant

This role requires extensive inside factory production experience, parts assembly & builds, landed cost accounting, import taxes/tariffs compliance, and inventory valuations.

The ideal candidate should be practical, self-sufficient, and capable of working independently.

Key Responsibilities:

  • Maintain accurate accounting and inventory using QuickBooks.
  • Meticulously track all costs associated with production, including raw materials, labor, and overhead.
  • Accurately allocate these costs to specific products, production runs, or departments to determine the cost of goods sold (COGS).
  • Compare actual costs to standard or budgeted costs, identifying and investigating variances to pinpoint areas of inefficiency or cost overruns.
  • Responsible for valuing inventory, ensuring accurate accounting for raw materials, work-in-progress, and finished goods.
  • Prepare reports for management, providing insights into production costs, profitability, and areas for potential improvement.
  • Help management make informed decisions about pricing strategies, cost reduction initiatives, and overall manufacturing efficiency.
  • Create Purchase Orders and follow up with vendors to ensure timely shipments.
  • Ensure AP accountant makes payments to avoid delays in purchases.
  • Ensure coordination of timely shipping of purchases.
  • Monitor and reconcile physical inventory on a monthly basis
  • Coordinate with logistics teams and vendors to ensure proper accounting documentation
  • Assist other teams as per business needs
  • Ensure AR is up to date and customer invoices are sent out for payment timely.
  • Ensure preparedness for statutory tax filings

Candidate Requirements:

  • 3 years minimum of experience in cost accounting within a manufacturing facility.

Job Type: Full-time

Application question(s):

  • When can you start work if offered a job?
  • What is your highest level of education & which major did you graduate in?

Experience:

  • QuickBooks Inventory Module: 3 years (preferred)
  • Working Inside a Manufacturing Facility as a Cost Accountant: 3 years (preferred)
  • Work-In-Progress Inventory Valuation: 3 years (preferred)

About Able Group

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