Cost Accountant

Job summary

The Cost Accountant is responsible for analyzing production results, explaining cost variances, and managing inventory reporting and controls. They will also support continuous improvement efforts, budget forecasting, and the estimation of costs for new products.

Job details

Grand River Foods is a leading food solutions company serving customers in the North American grocery and food service industry. As a member of the Sunrise Farm family, we remain as dedicated as ever to both providing a quality work environment for our employees, as well as producing only the highest quality products for our customers. We are known for the great care we take with clients and employees alike. JOB DESCRIPTION Reporting to the Plant Controller, the Cost Accountant will bring their expertise in cost accounting and variance analysis to optimize production performance and inventory management. The successful candidate will come from a strong manufacturing background (food processing preferred) with a deep understanding of cost drivers, manufacturing processes and key performance metrics along with a demonstrated ability to collaborate with different departments across the business. \n RESPONSIBILITIES: Analyze production results against standard expectations and explain cost variances, including purchase price variances and production variances. Prepare and distribute daily, weekly and monthly KPI, inventory and variance reports in a timely manner. Reconcile and balance inventory on hand, working with other departments to address differences. Maintain inventory control by assisting with inventory counts, monitoring inventory adjustments, disposals and scrap and analyzing inventory variances, taking corrective action where necessary. Maintain and oversee all inventory costs, including purchased item cost updates and bill of material (BOM) and routing setup and maintenance. Oversee management of ERP settings and master data that impact inventory costs and reporting. Perform month end procedures through collaboration with local and head office teams to ensure proper reporting and valuation of inventory. Support continuous improvement efforts by analyzing current performance and the cost sensitivity of alternative processes and/or inputs. Provide support to other team members in the estimation of costs for new products. Assist in the monitoring of R&D projects and activities through the compilation of relevant costs. Support the annual budget and regular forecasting initiatives. Identify and recommend opportunities for improved cost control and cost reduction. Continually evaluate processes and procedures for opportunities to drive efficiencies and improve decisions. Develop and maintain documentation for system and operational users. Other job duties as required. REQUIREMENTS: CPA designation. 3+ years of cost accounting experience required, with a multi-site, multi-sku manufacturing and/or food processing background preferred. Strong working knowledge of and experience with ERP systems, more specifically with bills of material (BOM), routings and MRP concepts. Experience working in both actual and standard cost manufacturing environments is considered an asset. Intermediate computer skills including Excel, Word, PowerPoint and Teams. Strong communication skills, verbal and written. Team player with exceptional ability to establish and maintain quality relationships. Demonstrated ability to multitask and manage multiple projects concurrently. Strong work ethic and a demonstrated ability to deliver results within agreed to timelines. High attention to detail. \n $89,000 - $105,000 a year \n #IND2 At Sunrise Farms we are proud to be an equal-opportunity employer. All qualified individuals, regardless of race, color, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or any other identifying characteristic are encouraged to apply. Please note that the expected new hire salary range provided is derived from a group of like roles within Sunrise Farms. The final offer amount for this role will be dependent on geographical region, applicable experience, and skillset of the candidate.

What you’ll do

The Cost Accountant is responsible for analyzing production results, explaining cost variances, and managing inventory reporting and controls. They will also support continuous improvement efforts, budget forecasting, and the estimation of costs for new products.

Requirements

Candidates must hold a CPA designation and possess at least 3 years of cost accounting experience within a manufacturing or food processing environment. Proficiency in ERP systems, specifically regarding bills of material and routing, is required along with strong analytical and communication skills.

Listed skills

• Continuous Improvement · Preferred
• ERP systems · Preferred
• Budgeting · Preferred
• Data analysis · Preferred
• Communication · Preferred
• Multitasking · Preferred
• Inventory management · Preferred
• Forecasting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Cost accounting
• Variance analysis
• Inventory management
• Manufacturing processes
• KPI reporting
• ERP systems
• Bill of materials
• MRP concepts
• Standard costing
• Actual costing
• Budgeting
• Forecasting
• Continuous improvement
• Data analysis
• Communication
• Multitasking
• Bill Of Materials
• Standard Cost Accounting
• Variance Reporting
• Cost Control
• Inventory Monitoring
• Variance Analysis
• Cost Accounting
• Strong Work Ethic
• Microsoft Excel
• Accounting
• Management
• Computer Literacy
• Continuous Improvement Process
• Cost Reduction
• Food Services
• Enterprise Resource Planning
• Inventory Management
• Key Performance Indicators (KPIs)
• Manufacturing Processes
• Material Requirements Planning
• Performance Metric
• Microsoft PowerPoint
• Purchasing
• Collaboration
• Detail Oriented

Job areas

• Finance & Accounting
• Manufacturing
• Food & Beverage
• Cost Accountant
• Accountants
• Accountants and Auditors

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