Senior Cost Accountant (Ontario)

Senior Cost Accountant (Ontario)

31 Jul
|
ASSA ABLOY Group
|
Ontario

31 Jul

ASSA ABLOY Group

Ontario

ASSA ABLOY Entrance Systems, Pedestrian Door Solutions
We specialize in automated pedestrian, industrial, and high-performance door solutions, operating in over 100 countries.

Meaningful Impact
We deliver sustainable, customized door solutions to customers in healthcare, transportation, retail, and more. Whether you solve complex technical challenges or collaborate with contractors, every task builds safer, more efficient spaces.

The Role
The Senior Cost Accountant is responsible for managing and analyzing manufacturing and inventory costs across multiple product lines, ensuring the accuracy of standard costs, BOMs, labor routings, and overhead rates. This role prepares monthly cost rollups, analyzes material, labor, and overhead absorption, and explains manufacturing variances and gross margin performance by product, division, and entity to senior leadership. It also oversees inventory accounting and controls, including reconciliations, cycle counts, and valuation of raw materials, WIP, and finished goods across manufacturing and field service locations. The Senior Cost Accountant plays a key role in M&A; integration by supporting cost alignment, system integration, margin analysis, and standardized reporting for newly acquired operations, and assists with due diligence. Partnering cross‑functionally with operations, procurement, sales, and service teams, this role supports month‑end close, operational KPIs, pricing, and continuous improvement initiatives to enhance cost transparency and profitability.

Key Responsibilities
Manufacturing & Cost Accounting

Maintain and update standard costs, bills of materials (BOMs), labor routings, and overhead rates across multiple product lines.

Prepare monthly cost roll‑ups and evaluate material, labor, and overhead absorption.

Analyze manufacturing variances (PPV, labor efficiency, scrap, usage) and prepare variance explanations for senior leadership.





Review preliminary gross margin performance by product, division, and entity to ensure results are accurately stated.

Partner with operations to monitor key cost drivers and support continuous improvement initiatives.

Inventory Accounting & Control

Conduct monthly and quarterly inventory reconciliations, ensuring accurate valuation of raw materials, WIP, and finished goods.

Perform cycle count and physical inventory analysis; investigate variances and recommend corrective actions.

Ensure inventory costing is correctly recorded across manufacturing and field service locations.

M&A; Integration and Operational Support

Support integration of acquired automatic door companies, including:

Aligning standard costs and BOM structures

Evaluating margins, pricing, and inventory practices

Integrating acquired data into corporate systems

Standardizing reporting, controls, and accounting workflows

Assist with due diligence activities requiring detailed cost and inventory analysis.

Participate in system setup, testing, and process design for newly onboarded operations.

Complete month‑end close activities related to inventory, COGS, variances, accruals, and manufacturing P&L; review.

Prepare and analyze cost accounting reports, operational KPIs, and service margin data.

Research and resolve cost or inventory discrepancies and communicate findings to divisional controllers.

Cross‑Functional Collaboration

Work closely with manufacturing, procurement, sales, and service teams to address ad hoc cost and margin requests.





Assist in updating cost accounting policies, procedures, and documentation.

Support pricing, quoting, and product profitability analysis for operations and commercial teams.

What You Will Need

Bachelor’s Degree in Accounting required; CPA/CMA preferred.

3–5 years of cost accounting experience in a manufacturing environment.

Strong knowledge of standard costing, BOM/routing structures, and inventory accounting.

Experience with large ERP systems such as Oracle, JDE, SAP, AX or similar platforms.

Advanced Excel and strong data‑analysis skills.

Ability to thrive in a changing environment where systems and processes are evolving—including integration of newly acquired companies.

A hands‑on, “roll up your sleeves” mindset with the ability to shift quickly between tasks.

Strong communicator and team-oriented team player who builds effective working relationships.

Highly organized and able to evaluate multiple solutions to operational and accounting challenges.

What We Offer

Health, dental, and vision plans

401(k) with company matching

Short‑and-long‑term disability, life, and accidental insurance

15 PTO days and 11 paid holidays

Work-Life Balance

Versatile scheduling for when life happens.

Ongoing Training & Recognition

Get up to speed quickly with our structured onboarding process.

Access to online courses to keep your skills sharp and up to date.

Learn from experienced colleagues and industry experts.

Length of Service awards to celebrate your milestones.

Our Commitment to Diversity & Inclusion
ASSA ABLOY fosters a workplace where everyone feels valued, respected, and included. We celebrate diversity and strive for equity in all aspects of our organization. Together, we innovate and create solutions that serve our global community.

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📌 Senior Cost Accountant (Ontario)
🏢 ASSA ABLOY Group
📍 Ontario

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