Cost Accounting Analyst

Engineering Search Firm; Vaughan; On-site; CAD 70,000 - 90,000; Full time

Job summary

A recruiting firm in Vaughan is seeking an experienced Cost Analyst to perform detailed financial analyses and support budgeting and forecasting efforts. The ideal candidate should have a strong background in manufacturing cost accounting and proficiency in SAP. This role requires on-site work five days a week and offers a comprehensive benefits package.

Benefits

Comprehensive benefits package

Qualifications

• Strong knowledge of financial concepts including budgeting and forecasting.
• Minimum of 2 years of experience in Cost Accounting within a Manufacturing Environment.
• Excellent analytical skills and sound understanding of accounting principles.

Responsibilities

• Conduct thorough cost analysis to identify trends and opportunities for cost reduction.
• Prepare detailed financial reports for management.
• Collaborate with cross-functional teams for budgeting and forecasting.

Skills

Cost Management

Financial Analysis

Budgeting

Forecasting

Accounting Software (SAP)

General Ledger Accounting

Compliance

Education

University Degree or College Diploma

CMA/CGA Designation (actively pursuing)

Tools

SAP

Oracle Database

MySQL

MS SQL

Job description

The ideal candidate must be actively Pursuing The Chartered Professional Accountant

This Position is on Site 5 days per week

Full job description

The ideal candidate will be responsible for analyzing costs and providing insights that drive financial decision-making within the organization. This role requires a strong understanding of financial concepts accounting principles and proficiency in various accounting software. The Cost Analyst will play a key role in budgeting forecasting and financial reporting while ensuring compliance. Must have SAP for data collection and reporting.

Responsibilities

• Conduct thorough cost analysis to identify trends variances and opportunities for cost reduction.


• Prepare detailed financial reports and presentations to communicate findings to management.


• Collaborate with cross-functional teams to gather data for budgeting and forecasting processes.


• Monitor cash flow and assist in cash flow analysis to ensure financial stability.


• Perform account reconciliations including balance sheet reconciliation and general ledger reconciliation.


• Analyze accounts payable and accounts receivable to optimize cash management.


• Utilize ERP systems and accounting software such as SAP for data collection and reporting.


• Analyzing changes in COGS due to product design raw materials operational / manufacturing methods to determine effects on cost.


• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.


• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.

Skills & Qualifications

• Strong knowledge of financial concepts including budgeting forecasting cost management and cash flow analysis.


• Proficiency in accounting software such as SAP.


• Minimum of 2 solid years of Cost Accounting in a Manufacturing Environment.


• Must have a strong Cost systems background have excellent analytical skills; sound understanding of accounting principles.


• University Degree or College Diploma and Actively pursuing CMA / CGA Designation or equivalent experience.

The Company provides a very good benefit Package

Required Experience

IC

Key Skills

• Internal Audit


• Accounting Tally


• Data Entry


• Compliance


• Accounting & Finance


• Oracle database


• GAAP


• General Ledger Accounting


• Communication


• External Audit


• MySQL


• MS SQL


• Microsoft offices


• Financial statement


• ACCA

Employment Type : Full-Time

Experience : years

Vacancy : 1