Manager of Cost Accounting

PML Sound International; Mississauga; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is on the lookout for a dynamic Cost Accounting Manager to join their Finance team. This role is pivotal in optimizing ERP systems and enhancing financial reporting. You will collaborate with various departments to drive operational improvements and ensure accurate financial data management. If you are a forward-thinking finance professional with a passion for process improvement and collaboration, this position offers a unique opportunity to make a significant impact in a supportive and innovative environment. Join a company that values creativity and excellence in every aspect of its operations.

Qualifications

• 5+ years of experience with ERP systems, ideally Visual ERP, in a finance role.
• Strong knowledge of month-end and monthly close processes.

Responsibilities

• Lead and manage ERP-related aspects of month-end close process.
• Monitor and validate financial data within the ERP system.

Skills

Problem-solving skills

Attention to detail

Communication skills

Data analysis

Financial reporting

Collaboration

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Information Systems

Tools

Visual ERP

Microsoft Excel

SQL

SharePoint

Job description

Position Title: Manager of Cost Accounting

Location: Mississauga, ON (fulltime onsite position)

Department: Finance Department

About us:

For over forty years our companies, industry-leading manufacturers and distributors of high-quality, luxury consumer audio products, have set the standard for excellence in every product category we offer. We continuously push the boundaries of design and quality with a constant focus on providing high-performance solutions and value.

Position Overview:

Are you a forward-thinking finance professional ready to challenge the status quo? Paradigm Electronics is seeking a talented and motivated Cost Accounting Manager to join our Finance team. In this pivotal role, you’ll partner closely with an experienced Senior Manager Accounting & ERP Administrator, providing fresh perspectives and introducing smarter, more efficient ways of working. You’ll be at the forefront of optimizing our ERP systems, enhancing financial reporting, and driving operational improvements in cost accounting.

Key Responsibilities:

ERP System Management:

1. Serve as the subject matter expert for Visual ERP system.
2. Oversee system configuration, maintenance, and updates to ensure optimal performance.
3. Collaborate with IT and other departments to troubleshoot and resolve system issues.

Month-End and Monthly Close Processes:

1. Lead and manage all ERP-related aspects of month-end close process, ensuring accurate and timely reporting.
2. Create monthly, quarterly, annual reports on manufacturing variances by department.
3. Create Labour and Overhead absorption reports in global financials and include them in (monthly, quarterly, annually) reporting package.
4. Develop and maintain checklists, workflows, and documentation for the close process (month, quarter, annual).
5. Generate quarterly report on Finished Goods by SKU/Product family providing information on YTD Sales, Margins, on-hand inventory, in demand, on-order, usage, turns and weeks of inventory.

Data Management and Analysis:

1. Monitor and validate financial data within the ERP system to ensure accuracy.
2. Generate detailed financial reports and dashboards for stakeholders.
3. Analyze trends and provide insights to improve financial decision-making.

Process Improvement:

1. Identify inefficiencies and outdated workflows, proposing and implementing best-in-class solutions to enhance financial and operational processes.
2. Work collaboratively to challenge traditional methods, building workflows and tools that optimize business performance.
3. Conduct training sessions for new Team Members on Visual ERP (ex: Part Maintenance, Manufacturing Window, Material Planning, MPS/MRP, and explain how costing works in Visual).

Cross-Functional Collaboration:

1. Partner with Operations, Sales, and Marketing teams to align ERP functionalities with business needs.
2. Meet monthly, quarterly, and annually with Operations, Sales, and Marketing to review variances and highlight issues.
3. Act as a liaison between Finance and IT for ERP-related projects.
4. Provide guidance to Purchasing and Accounts Payable team members on proper utilization of GL accounts.

Qualifications / Requirements:

1. Bachelor’s degree in Accounting, Finance, Information Systems, or a related field.
2. 5+ years of experience with ERP systems, ideally Visual ERP, in a cost accounting or finance role.
3. Strong knowledge of month-end and monthly close processes.
4. Proficiency in financial reporting, reconciliations, and data analysis.
5. Advanced Microsoft Excel skills; familiarity with other data visualization tools is a plus.
6. Strong understanding of SQL and SharePoint.
7. Excellent problem-solving skills and attention to detail.
8. Strong communication skills with the ability to collaborate across departments.
9. Proven ability to manage multiple priorities and meet tight deadlines.

As part of the Fighting Against Forced Labour and Child Labour in Supply Chains Act (the "Act"), Paradigm Electronics Inc. will not employ any children under the age of 15, by taking special precautions to safeguard the health, security, and rights of persons under the age of 18 and ensure that they do not perform any hazardous work. We are committed to an inclusive, equitable and accessible workplace where all employees are valued. Accommodations are available upon request for candidates participating in our selection process.

Candidates who are interested in working in a dynamic environment that supports autonomy, creativity, and excellence are invited to apply in confidence.