Cost Accountant

Prime Management Group Inc.; Ingersoll; On-site; CAD 100,000 - 110,000; Full time

Benefits offered by this job

Extended health benefits

Bonus program

Job summary

Prime Management Group Inc. in Ingersoll, Ontario, seeks a Cost Accountant to join a manufacturing team. This hands-on role focuses on standard costing, variance analysis, and inventory valuation to drive better business decisions.

Reporting to the Controller, you will partner with Operations, Engineering and Materials to support month-end close and cost-control initiatives, with opportunities for bonus.

Qualifications

• Bachelor's degree in accounting or finance is required.
• CPA designation or active progress is an asset.
• 3–5 years in cost accounting in manufacturing preferred.
• Strong costing, inventory, and financial reporting knowledge.
• Advanced Excel skills; exposure to AS400/CMS400 is a plus.

Responsibilities

• Maintain standard cost system and BOM accuracy.
• Perform product costing and contribution-margin analysis.
• Coordinate periodic standard-cost updates and key assumptions.
• Analyze variances and communicate drivers to leadership.
• Support month-end close, budgeting, and forecasting.

Skills

Cost accounting

Standard costing

Variance analysis

Inventory accounting

Budgeting

Education

Bachelor's degree in Accounting

CPA designation

Tools

AS400

CMS400

Excel

Job description

COST ACCOUNTANT

Ingersoll, Ontario | Manufacturing

Prime Management Group Inc. is partnering with a well-established manufacturing organization in Ingersoll to recruit a Cost Accountant. This is a hands-on plant accounting role for someone who can turn cost and operational data into clear insight, stronger controls, and better business decisions.

Reporting to the Controller and working closely with Operations, Engineering, and Materials, the Cost Accountant will lead standard costing, variance analysis, inventory valuation, close support, and capital tracking. The successful candidate will be comfortable working across the plant, investigating the numbers behind performance, and recommending practical improvements.

What You Will Do

Standard costing and product profitability

• Maintain the standard cost system, including bill-of-material and routing accuracy, in partnership with Engineering and Operations.
• Complete product costing and contribution-margin analysis, and support quoting and pricing reviews.
• Coordinate periodic standard-cost updates and document key assumptions, including labour, overhead, scrap, burden, and production rates.

Cost and variance analysis

• Analyze material price and usage, labour, overhead absorption, and scrap variances, and clearly communicate the drivers to business leaders.
• Identify cost-reduction opportunities and partner with Operations and Materials to implement and track corrective actions.
• Prepare recurring cost and performance reporting that supports operational decision-making.

Inventory and working capital

• Reconcile inventory and ensure accurate valuation, reserves, aging, obsolescence, scrap, and chargeback calculations.
• Support cycle counts and physical inventories, investigating and resolving count and transaction variances.
• Prepare material claims and supporting documentation as required.

Financial reporting and close

• Support month-end and year-end close, including inventory and cost-of-goods-sold entries, accruals, reconciliations, and reporting packages.
• Maintain assigned balance-sheet reconciliations, resolving issues promptly and ensuring complete documentation.
• Review and post accounts-payable batches in accordance with company policies.
• Assist the Controller with budgeting, forecasting, and ad hoc financial analysis.

Capital, compliance, and controls

• Track capital spending, additions, depreciation, and related schedules, and support business cases for new projects.
• Maintain strong documentation and internal controls, and support internal and external audit requests.
• Help ensure compliance with corporate finance policies and applicable plant quality, environmental, and health and safety standards, including IATF 16949 and ISO 14001.

What You Bring

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA designation, or active progress toward the designation, is an asset.
• Three to five years of cost accounting experience in a manufacturing environment; automotive experience is preferred.
• Strong knowledge of standard costing, manufacturing variances, inventory accounting, and financial reporting.
• Advanced Microsoft Excel skills, including pivot tables and lookup functions; macro experience is an asset.
• Experience with AS400 and CMS400 is preferred.
• A practical, analytical approach and the communication skills to work effectively with both finance and plant teams.

Compensation and Benefits

• $100,000-$110,000 annual salary.
• Variable bonus opportunity.
• Competitive extended health benefits designed to support employee well-being.