Senior Cost Analyst

Senior Cost Analyst

Employment Type

Permanent

Location

Scarborough, Ontario

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Job Description :

Our global manufacturing client is looking for a Senior Cost Analyst who will assist the Controller in the assessment of company performance by study and analysis of financial and operational data. The Cost Analyst will act as a catalyst in the continuous improvement process by supplying analytical support to the operational areas.

Duties and Responsibilities of the Senior Cost Analyst :

• Review, develop, and maintain standard costs for raw materials, WIP, and finished goods across all business units.
• Analyze cost variances (material, labor, and overhead) and provide actionable insights to operations and management.
• Work closely with plant operations and supply chain teams to understand product flows, BOMs, and manufacturing processes.
• Assist in the development and optimization of product costing logic, including setup of cost drivers, routings, and BOM groupings (one-to-one or category-based).
• Conduct margin and profitability analysis at the material, customer, and product line levels.
• Support monthly, quarterly, and year-end close processes with accurate cost rollups, inventory valuations, and journal entries.
• Collaborate with IT and finance teams to enhance ERP costing functionality and resolve costing discrepancies.
• Lead and be responsible for standard cost revaluation processes.
• Support internal and external audit processes related to inventory and cost accounting.

TMGNY

Job Requirements :

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