Cost Accountant

Summit Search Group; Toronto; On-site; CAD 70,000 - 120,000; Full time

Job summary

An established food manufacturing firm is seeking a Recruitment Manager in Toronto to oversee operational cost control and financial performance. The role requires a bachelor’s degree in finance or accounting and 2-4 years of relevant experience. The successful candidate will work closely with production and finance teams to drive efficiency and ensure accurate data analysis. This is a full-time position offering competitive compensation and opportunities for professional growth.

Benefits

Competitive salary

Professional growth opportunities

Qualifications

• Experience in a manufacturing or food production environment.
• 2-4 years of related experience in accounting or finance.
• Proficiency with accounting software and Microsoft Office.

Responsibilities

• Control operational costs and financial performance.
• Track and maintain cost models and variance analysis.
• Support production with accurate cost data and KPIs.

Skills

Attention to detail

Analytical skills

Communication skills

Problem-solving skills

Strong organizational skills

Team collaboration

Education

Bachelor’s degree in finance or accounting

Tools

ERP software

Job description

Direct message the job poster from Summit Search Group

Experienced Recruitment Manager and Strategic Talent Advisor

About Our Client :

A Canadian company in the food manufacturing space that has a rich history that dates to 1933. Originally starting out as a local bakery in Toronto, this family-owned business has evolved into a dynamic and fast-paced enterprise. Despite its growth, the company still embodies an entrepreneurial spirit and a steadfast commitment to quality. Their dedication to nurturing long-standing relationships with customers and suppliers continues to be a hallmark of their success.

Position Scope :

Reporting to the Director of Finance, this is a great opportunity for a detail-oriented accounting professional with manufacturing experience to join a growing frozen food manufacturing company in Toronto. In this hands-on role, you’ll work closely with operations, production, and finance to ensure accurate costing, drive efficiency, and support data-driven decision making. Your work will have a direct impact every day—helping the team manage margins, track performance, and deliver high-quality products to customers. If you’re looking to be part of a collaborative environment where your contributions truly matter, our clients would love to hear from you.

Responsibilities :

• Responsible for operational cost control and financial performance at the plant level supporting production, purchasing, inventory, scheduling, sales and QA
• Responsible for product costing, manufacturing performance, and inventory control
• Track and maintain standard and actual cost models (raw materials, packaging, labour, overhead)
• Analyze batch yields, scrap, downtime, and overhead absorption
• Perform variance analysis (e.g., purchase price variance (PPV), usage, yield, yield loss, downtime costs)
• Monitor batch costing and SKU profitability
• Assist with BOM setup and inventory reconciliations
• Reconcile inventory, WIP, and BOM variances
• Assist production and procurement with cost control initiatives
• Help track plant KPIs and reporting
• Provide data for profitability analysis by SKU, customer, or production line
• Support costing data for contract quotes and new product development
• Coordinate with production and inventory for accurate reporting
• Costing & Margin Analysis : Track raw material, labour, and overhead costs per SKU or batch / Maintain standard and actual cost models / Analyze product line and customer profitability.
• Inventory & Variance Reporting : Support inventory valuation and cycle counts / Investigate and explain yield losses or production variances.
• Operational Support : Collaborate with production and scheduling to capture true manufacturing costs / Monitor utility usage, rework, downtime and their financial impacts.
• Reporting & KPIs : Generate daily / weekly dashboards for plant performance / Monitor cost trends and suggest efficiencies.
• System Entry & Reconciliations : Reconcile inventory and work-in-process accounts / Support ERP system integrity and master data accuracy.
• Regulatory & Traceability Support : Assist QA and supply chain in tracking costs tied to CFIA, food safety, RSPO or lot recalls
• Recommends cost corrections and identifies cost-saving opportunities
• Provides insights that inform pricing and operational decisions
• May lead or support month-end plant reporting and KPI tracking

Required Skills and Knowledge :

Maintains the company’s cost accounting system; makes recommendations for improvement as needed.

Provides cost estimating for new and existing products and participates in cost reduction initiatives.

Prepares and analyzes specific accounting statements and reports to assist in the preparation of financial statements, tax reports, and other internal and external reports as required.

Prepares monthly invoices.

Prepares, researches, resolves, and enters recurring and reversing journal entries.

Reconciles all bank accounts.

Coordinates with other departments to achieve cost planning targets.

Assists in development and transmissions of operating plan and strategic plan.

Analyzes monthly operating performance and profit projections for reporting and developing action items.

Participates in monthly and yearly closing process including journal entry preparation.

Assists with the development and maintenance of annual budgets.

Assists with related special projects as required.

Performs other related duties as assigned by management.

Education and Experience :

Bachelor’s degree in a finance, accounting or related field, or equivalent

Two to four years related experience or equivalent

Accounting designation(s) appreciated but not required

Proficient in standard productivity and ERP / accounting software

Ability to prepare reports and business correspondence

Demonstrated ability to calculate figures and amounts such as discounts, interest, commissions, and percentages

Commitment to excellence and high standards

Excellent written and verbal communication skills

Ability to understand and follow written and verbal instructions

Strong organizational, problem-solving, and analytical skills; able to manage priorities and workflow

Ability to work independently and as a member of a team

Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm

Application Instructions :

To apply, please send a resume to Jessica Alcock at [e-mail]

Summit Search Group is a fair and equitable search firm. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.

Seniority level

Seniority level

Associate

Employment type

Employment type

Full-time

Job function

Job function

Accounting / Auditing

Industries

Food and Beverage Manufacturing

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