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Cost Accounting & Inventory Specialist
Cost Accounting & Inventory SpecialistMircom Group Of Companies • Vaughan, Ontario
Cost Accounting & Inventory Specialist

Cost Accounting & Inventory Specialist

Mircom Group Of Companies • Vaughan, Ontario
20 days ago
Job type
  • Full-time
Job description

Summary :

Under the supervision of the Manager, Planning & Procurement, the Cost Accounting & Inventory Specialist is responsible for product costing and inventory control across multiple sites, supporting both financial and operational decision-making. This role focuses on accurate cost analysis, valuation, and reporting to ensure informed business decisions. The successful candidate will work closely with cross-functional teams to drive cost efficiencies, optimize inventory health and ensure reliable financial reporting. This role requires strong cost accounting expertise alongside inventory management skills. This is a full time role based from our Head Office in Vaughan, ON

Why Join Us :

Join our team to take ownership of both product costing and inventory management, where your cost accounting expertise will directly influence business decisions, drive cost savings, and optimize operations across multiple sites. This role offers the opportunity to apply your analytical skills, work with cross-functional teams, and advance your career in a dynamic, data-driven environment.

Key Responsibilities :

Cost Accounting & Analysis

  • Maintain and update product cost structures, including BOMs, labor, machine hours, overhead allocations, and landed costs for imported components.
  • Perform cost variance analysis between standard and actual costs; identify trends, risks, and root causes.
  • Support budgeting, forecasting, pricing strategies, and make-or-buy analyses using accurate cost data.
  • Prepare monthly inventory valuation, cost, and aging reports, providing actionable insights for management review.

Inventory Management

  • Monitor and control raw materials, components, and finished goods inventory across all warehouses and locations.
  • Track, analyze, and report on aging, excess, and slow-moving inventory; drive actions to reduce obsolete stock.
  • Validate inventory data through periodic warehouse and production floor visits.
  • Cross-Functional Collaboration

  • Work closely with Finance, Production, and Procurement teams to ensure accuracy of material usage, costing, and purchase prices.
  • Participate in audits and ensure compliance with internal controls, ISO 9001 standards, and costing procedures.
  • Coordinate with cross-functional teams to implement cost-saving opportunities and process improvements.
  • ERP & Data Management

  • Utilize ERP systems (MS AX 2012, MS D365 Dynamics, or equivalent) to manage inventory and costing functions.
  • Audit, troubleshoot, and recommend improvements for ERP-based costing and inventory processes.
  • Maintain accuracy with large datasets and shifting priorities.
  • Continuous Improvement & Reporting

  • Analyze trends, identify risks, and implement corrective actions for both inventory and costing discrepancies.
  • Provide actionable insights through operational and financial reports for management decision-making.
  • Requirements and Skills :

  • College diploma or university degree in Accounting, Cost Accounting, Supply Chain Management, or Operations Management.
  • 3–5 years of experience in cost accounting and inventory management, ideally in manufacturing (electronics experience an asset).
  • Strong cost accounting knowledge : standard costing, variance analysis, overhead allocation, and inventory valuation.
  • Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP / XLOOKUP, complex formulas).
  • Experience with ERP systems (MS AX 2012, MS D365 Dynamics, or equivalent) for inventory and costing functions.
  • Demonstrated ability to analyze large datasets, identify cost-saving opportunities, and deliver actionable financial insights.
  • APICS CPIM certification or equivalent is an advantage.
  • Effective verbal and written communication skills; ability to present financial and operational insights to management.
  • High attention to detail, strong organizational skills, and a continuous improvement mindset.
  • What Mircom Offers :

  • A great working environment
  • Competitive salary
  • Group insurance benefits
  • Company RRSP program
  • At Mircom Group of Companies, we take a thoughtful and balanced approach to compensation. Salary ranges reflect the starting point for each role, while final offers are determined through a holistic assessment of the candidate’s skills, experience, qualifications, potential contributions, internal equity, and prevailing market conditions following the selection process. In addition to competitive pay, Mircom offers a comprehensive total rewards package that includes robust benefits coverage and RRSP.

    We would like to thank all applicants for their interest in this position however only those selected for interviews will be contacted.

    Mircom Group of Companies is an equal opportunity employer that considers all applicants regardless of cultural background, religion, marital status, sexual orientation, family status, disability or any other grounds as outlined in the Ontario Human Rights Code. In compliance with the Accessibility for Ontarians with Disabilities Act, Mircom is committed to providing a welcoming and inclusive work environment for all individuals with disabilities in a respectful and dignified manner. Accommodations will be made available, upon request, to applicants who have specialized needs throughout the recruitment process.

    Disclaimer :  Mircom does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other job postings. Any resume or other information received from a supplier not approved in advance by Mircom to provide resumes to this posting or website will be considered unsolicited

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