Cost Analyst II

Sofina Foods Inc.; Burlington; Hybrid; CAD 58,000 - 77,000; Full time

Benefits offered by this job

Bonus eligibility

Job summary

Sofina Foods Inc. is seeking a Cost Analyst in the Burlington area to support Operations with financial analysis and data integrity across plant reporting. You will collaborate with Finance and Production to ensure accurate costing, inventory, and month-end close.

The role requires a Diploma/Degree in accounting or finance, 2–5 years of manufacturing cost experience, and proficiency in Excel and ERP systems (AS400). A CPA designation is an asset and a bonus is offered.

Qualifications

• 2-5 years accounting and cost reconciliation experience in a manufacturing environment.
• Diploma/Degree in accounting/finance required.
• CPA designation in progress considered an asset.

Responsibilities

• Prepare, review, analyze, reconcile and present daily, weekly and monthly production reports (costing, inventory, yields, labour, expenses).
• Administer new product set-up in ERP systems and reporting.
• Support plant management on initiatives and improvements.
• Analyze variances between actual and standard costs for finished goods, products and raw materials.
• Complete production journal entries, balance sheet reconciliations and month-end analyses.
• Assist with counts and audits of product and raw materials.
• Maintain BOMs and standard costings in ERP.
• Provide back-up support to the finance team.
• Handle other adhoc projects as assigned.

Skills

Cost accounting

Manufacturing experience

Analytical skills

Excel

Interpersonal skills

Communication skills

MS Office

Education

Accounting degree

CPA candidate (asset)

Tools

AS400

Job description

Position Summary:

Reporting to the Controller, the Cost Analyst provides financial administrative and analytical support to Operations Management; while working closely with Business Performance. The incumbent ensures data integrity of the plant’s operational and financial reporting in accordance with established corporate standards and requirements. In addition, the position works closely with other Cost Analysts to ensure that processes are consistent throughout each location.

Work Schedule:

7.30am - 4pm (Mon - Fri)

Key Accountabilities:

• Prepare, review, analyze, reconcile and present: daily, weekly and monthly production reports. This includes costing, inventory, yields, labor, expense reports, etc., in accordance with Plant Management, Company policy, & GAAP.
• Administers new product set-up process, within ERP/complement systems, and within reporting.
• Responsible to assist and support plant management on various initiatives ensuring ongoing analysis and identifying improvement opportunities.
• Support the plant management in the analysis of variances between actual costs occurring at the plant and standard costs, variances related to finished goods, products and raw material.
• Completes Production related journal entries, balance sheet reconciliations, and month end analysis.
• Assists with product and raw material counts and audits.
• Maintain BOMS/standard instructions and product costings in ERP system.
• Position provides back up support and relief to the finance team.
• Other adhoc projects as assigned.

Requirements:

• Diploma/Degree in accounting/finance.
• Pursing an accounting designation (CPA) considered an asset
• 2 to 5 years accounting and cost reconciliation experience in a manufacturing environment.
• Knowledge of financial/operational ERP systems preferably AS400.
• Strong analytical skills and proficient in MS office with intermediate to expert knowledge of excel (Pivot Tables/formulas/linkage).
• Strong interpersonal and communication skills.

Hiring Range: CAD $57,936 - $77,344

Bonus: This position is eligible for a bonus up to 7.0% of base salary subject to the plan terms and conditions.

Please note that the expected hiring range provided is derived from a group of like roles within Sofina. The final offer amount for this role will be dependent on geographical region, applicable experience, skillset of the candidate and internal equity.

This position is currently an active vacancy.

Sofina Foods Inc. is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act ('AODA'). Applicants are asked to make their needs/requirements , for the purpose of accommodation under AODA, known to Human Resources when they are contacted for an interview.