Cost Accounting Manager

Drake International; Vaughan; On-site; CAD 100,000 - 115,000; Full time

Benefits offered by this job

Annual bonus

Health benefits

Dental benefits

Professional development

Job summary

Drake International seeks a Manufacturing Cost Accounting Manager to partner with Operations, Production and Supply Chain, driving costing accuracy and financial performance. You will lead inventory valuation, standard costing and cost of goods sold, while helping shape strategic decisions and continuous improvement.

Reporting to the Director of Finance and Corporate Controller, you will own manufacturing finance activities and collaborate with senior leadership to enhance profitability and

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or related discipline.
• Minimum 5 years of progressive manufacturing accounting experience.
• Strong background in cost accounting, inventory accounting, financial reporting, and manufacturing finance.
• Experience in a CPG environment preferred.
• Understanding of standard costing, inventory valuation, manufacturing variances, and COGS.
• Experience supporting budgeting, forecasting, financial analysis, and month-end close.
• Advanced ERP experience in a manufacturing environment (JD Edwards preferred).
• Advanced Microsoft Excel and financial modelling skills.
• CPA designation (or actively pursuing) is an asset.
• Excellent analytical, communication, and business partnering skills.
• Ability to collaborate with finance and operations teams.

Responsibilities

• Supporting month-end, quarter-end, and year-end close activities related to inventory, manufacturing costs, and cost of goods sold.
• Preparing journal entries, account reconciliations, accruals, and financial reporting schedules.
• Monitoring and reconciling inventory, WIP, and manufacturing transactions.
• Maintaining standard costs, BOMs, routings, and costing data within the ERP system.
• Analyzing manufacturing variances, including material, labour, overhead, scrap, waste, and yield.
• Conducting inventory reconciliations, cycle counts, and physical inventory support.
• Partnering with Production, Operations, Purchasing, Warehouse, and Supply Chain teams to improve costing accuracy and operational performance.
• Developing profitability analyses, financial models, and scenario planning to support pricing, sourcing, and capital investment decisions.
• Supporting annual budgeting, forecasting, and long-range planning activities.
• Monitoring financial performance against budget while providing meaningful variance analysis.
• Identifying opportunities to improve financial controls, reporting processes, ERP effectiveness, and operational efficiency.
• Supporting internal and external audits while maintaining strong inventory and financial controls.

Skills

Cost accounting

Inventory accounting

Financial reporting

Manufacturing finance

Microsoft Excel

Financial modelling

Analytical thinking

Business partnering

Education

Bachelor's degree in Accounting/Finance/Business

CPA designation (or working toward CPA)

Tools

JD Edwards

Job description

Salary: $100,000 - $115,000 + up to 20% bonus + Comprehensive Benefits

Vacancy: New Position

Are you a manufacturing finance professional who enjoys turning operational data into meaningful business insights? Do you thrive in a fast-paced manufacturing environment where your expertise directly influences profitability and operational performance?

We're partnering with a well-established manufacturer to recruit a Manufacturing Cost Accounting Manager. This newly created position offers the opportunity to become a key finance business partner, working closely with Operations, Production, Supply Chain, and senior leadership to improve costing accuracy, operational efficiency, and financial performance.

Why This Role

This is much more than a traditional cost accounting position.

As the primary finance partner to the manufacturing operation, you'll play a critical role in ensuring accurate inventory valuation, product costing, financial reporting, and operational analysis. Your insights will help drive strategic decision-making while supporting continuous improvement initiatives across the business.

If you're looking for a role where you can make a measurable impact while growing your career with an expanding organization, this is an outstanding opportunity.

The Role: Cost Accounting Manager

Reporting to the Director of Finance and Corporate Controller, you'll lead the company's manufacturing finance and costing activities while partnering closely with operational leaders to improve business performance.

Key responsibilities include:

• Supporting month-end, quarter-end, and year-end close activities related to inventory, manufacturing costs, and cost of goods sold
• Preparing journal entries, account reconciliations, accruals, and financial reporting schedules
• Monitoring and reconciling inventory, Work-in-Process (WIP), and manufacturing transactions
• Maintaining standard costs, Bills of Materials (BOMs), routings, and costing data within the ERP system
• Analyzing manufacturing variances, including material, labour, overhead, scrap, waste, and yield
• Conducting inventory reconciliations, cycle counts, and physical inventory support
• Partnering with Production, Operations, Purchasing, Warehouse, and Supply Chain teams to improve costing accuracy and operational performance
• Developing profitability analyses, financial models, and scenario planning to support pricing, sourcing, and capital investment decisions
• Supporting annual budgeting, forecasting, and long-range planning activities
• Monitoring financial performance against budget while providing meaningful variance analysis
• Identifying opportunities to improve financial controls, reporting processes, ERP effectiveness, and operational efficiency
• Supporting internal and external audits while maintaining strong inventory and financial controls

What You'll Bring

• Bachelor's degree in Accounting, Finance, Business, or a related discipline
• Minimum 5 years of progressive manufacturing accounting experience
• Strong background in cost accounting, inventory accounting, financial reporting, and manufacturing finance
• Experience within a CPG environment is highly preferred
• Thorough understanding of standard costing, inventory valuation, manufacturing variances, and cost of goods sold
• Experience supporting budgeting, forecasting, financial analysis, and month-end close
• Advanced ERP experience in a manufacturing environment (JD Edwards experience is considered an asset)
• Advanced Microsoft Excel and financial modelling skills
• CPA designation (or working toward CPA) is considered an asset
• Excellent analytical, communication, and business partnering skills
• Ability to collaborate effectively with both finance and operations teams

Benefits & Environment

This organization offers a competitive total rewards package along with the opportunity to join a collaborative and growing manufacturing business, including:

• Annual bonus opportunity
• Comprehensive health and dental benefits
• Tuition reimbursement and professional development support
• Opportunity to partner directly with senior leadership
• Exposure to cross-functional operations and strategic decision-making
• Stable, growing organization with strong long-term career opportunities
• Collaborative and team-oriented culture focused on continuous improvement

If you're passionate about manufacturing finance and enjoy partnering with operations to improve business performance, we'd love to hear from you.

This hiring process may use AI-enabled tools to support portions of the recruitment process. All hiring decisions are made by people, and candidates will be informed if AI tools are involved in their assessment.