Job Opportunity
Cost Accountant
MT Talent is happy to partner with a Global designer, distributor and manufacturer of Smart Building Solutions. Privately owned and one of the largest manufacturers in Canada, our client is looking to hire for a crucial role as a Cost Accountant, reporting directly into the Controller at their head office located in Vaughan, ON.
Duties and responsibilities :
- Collaborate with Purchasing, Production, and Engineering to establish and validate standard costing rates.
- Conduct periodic reviews and audits of system rates & standard costs compared to actuals.
- Perform time studies, confirm BOMs, and review routing processes.
- Gather and analyze financial data to ensure the accuracy of financial processing.
- Act as the champion for the annual standard costing update.
- Coordinate team efforts to reassess data.
- Compile necessary information to update Direct Labour standards.
- Review financial reporting of variances (PPV and DL) monthly
- Gather accounting data needed to calculate Overhead standards.
- Roll out standard costs annually within the D environment.
- Review inventory revaluation and produce necessary reports following the roll-out.
- Assist management in making key decisions based on costs and benefits, such as investments, market growth, and pricing adjustments.
- Monitor process or method changes to assess their impact on overall costs.
- Estimate product costs for new items.
- Implement system updates for new products, production changes, and engineering modifications.
Requirements :
- College Diploma or University Degree in Finance or Accounting
- Minimum of 1-3 Years experience in a similar role
- Understanding of standard variances : Shop floor analysis of standard vs actual, Bill of Material reviews & Routing confirmations
- Able to work with and understand any system related issues
- Must be able to Prioritize requests when muti tasks are assigned in limited time frame
- CPA is not required but beneficial
30+ days ago