16 Sep
|
Robert Half
|
Vaughan
16 Sep
Robert Half
Vaughan
Cost Accountant
About the Chance
Our client is a rapidly growing and well-established food manufacturing company committed to delivering high-quality products through innovation, operational excellence, and continuous improvement. As the organization continues to expand, they are seeking a detail-oriented and analytical Cost Accountant to join their finance team.
Reporting to the Controller, the Cost Accountant will play a key role in supporting financial reporting, inventory accuracy, costing analysis, and operational decision-making. This position offers significant exposure to manufacturing operations and provides an opportunity to influence profitability through effective cost management and process improvements.
Key Responsibilities
Costing & Analysis
- Maintain and update standard costing models, product costing, and Bills of Material (BOMs).
- Analyze and report on manufacturing variances, including material, labor, overhead, yield, and production efficiency variances.
- Perform margin, profitability, and cost trend analyses to support strategic business decisions.
- Review and validate production data to ensure accurate product costing and inventory valuation.
Inventory & Manufacturing Accounting
- Monitor inventory transactions and ensure accurate recording of raw materials, work-in-process, and finished goods inventory.
- Participate in cycle counts and annual physical inventory counts, including reconciliation and investigation of inventory discrepancies.
- Reconcile inventory and manufacturing-related general ledger accounts and resolve variances in a timely manner.
- Ensure costing methodologies and inventory records remain accurate and aligned with accounting policies.
Month-End & Financial Reporting
- Support month-end, quarter-end, and year-end close activities related to inventory and manufacturing operations.
- Prepare journal entries, account reconciliations, and supporting schedules.
- Generate and analyze management reports related to production costs, inventory levels, and product profitability.
- Assist with financial reporting requirements and audit support documentation.
Budgeting, Forecasting & Business Support
- Partner with Operations, Production, Supply Chain, and Purchasing teams to develop budgets, forecasts, and cost-saving initiatives.
- Support the preparation of annual operating budgets and periodic forecasts.
- Identify opportunities to improve operational performance, inventory controls, and manufacturing processes.
- Provide financial insights and recommendations to support continuous improvement initiatives.
Systems & Process Improvement
- Assist with ERP system enhancements, costing module maintenance, and process optimization projects.
- Strengthen and maintain internal controls related to inventory management and manufacturing accounting.
- Support automation and reporting improvements to increase efficiency and data accuracy.
- Ensure compliance with company policies, accounting standards, food industry regulations, GMP requirements, and health and safety practices.
📌 Cost Accountant (Vaughan)
🏢 Robert Half
📍 Vaughan