Senior Cost Accountant

AppleOne Employment Services; Mississauga; Hybrid; CAD 85,000 - 95,000; Full time

Job summary

A recruitment agency in Mississauga is looking for a Senior Cost Accountant to lead the cost accounting function. The role involves analyzing costs impacting material margins, preparing financial reports, and collaborating with various departments for audits and compliance. Candidates should have a degree in Finance or Accounting, 3 years of cost accounting experience, and strong knowledge of Excel. This is a full-time hybrid position offering a salary range of $85,000 to $95,000.

Qualifications

• 3 years of cost accounting experience.
• Exposure to manufacturing.

Responsibilities

• Prepare and enter routine journal entries and maintain proper documentation.
• Assist in reviewing and analyzing General Ledger.
• Reconcile and balance key financial accounts discrepancies.
• Prepare and maintain financial reports.
• Monitor project costs and prepare variance reports.
• Coordinate with auditors to ensure compliance.
• Develop audit processes to strengthen internal controls.

Skills

Strong knowledge of MS Office, specifically Excel

Attention to detail

Time management

Adaptability to change

Education

College / University diploma / degree in Finance or Accounting

CPA designation preferred

Job description

Senior Cost Accountant

Full Time Hybrid Mississauga

Monday to Friday

85,000 - $95,000

Overview

The Senior Cost Accountant is responsible to lead the cost accounting function. The individual is responsible for analyzing direct costs that impact material margin as well as providing analysis of over / under application. This position will lead the finance team on various projects and duties, reporting back to the Controller, CFO and involving Procurement, Sales and Operations teams as appropriate.

Responsibilities

• Financials: in collaboration with the Assistant Controller: Prepare and enter routine journal entries; Maintain proper documentation of journal entries; Preparing contract invoices, backup documentation, and maintaining tracking system
• Assist in reviewing and analyzing General Ledger and making necessary corrections
• Reconcile and balance key financial accounts discrepancies by collecting and analyzing account information
• Prepare and maintain financial reports by collecting, analyzing, and summarizing account information and trends
• Project Cost: monitor project costs, to include overhead, freight, increase in material costs, labour etc. are reported on the correct G / L account – to reflect the true costs of the whole project. Complete a comparison to the cost of sales. Prepare a variance report with recommendations on: maintenance of expected margins; generate data to benchmark for future projects and track long-term cost trends. Work with Engineering and Operations departments
• Internal Audit / Controls: in collaboration with the Controller: Coordinate with the internal auditor, and external audits to ensure compliance and deadlines are met; Advise and report to the Controller the audit status to date; Work closely with the internal auditor to satisfy requests
• Plan, collect, and review the SOX package, and any other supporting documentation before release of audit documents to the auditor(s)
• Prepare detailed reports on audit findings and make recommendations to improve accounting and management practices
• Develop and document audit processes to maintain and strengthen internal controls, with the Controller

Knowledge / Skills and Experience

• College / University diploma / degree in Finance or Accounting
• CPA designation preferred but not required
• 3 years’ of cost accounting experience
• Exposure to manufacturing
• Interacts professionally at all levels both internally and externally
• Ability to give strong attention to detail and accuracy of work
• Time management and adaptable to change is important
• Strong knowledge of MS Office, specifically Excel

Senior / Employment details

• Seniority level : Associate
• Employment type : Full-time
• Job function : Finance and Accounting / Auditing
• Industries : Manufacturing and Food and Beverage Manufacturing