Senior Cost Analyst

The Mason Group; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A global manufacturing client in Toronto is seeking a Senior Cost Analyst to support the Controller in assessing company performance through financial and operational data analysis. The ideal candidate will have a CA/CPA designation or be in process, along with essential manufacturing and costing experience. Key responsibilities include reviewing and maintaining standard costs, analyzing cost variances, and conducting profitability analysis. This role offers an opportunity to contribute to continuous improvement processes within the organization.

Qualifications

• CA / CPA designation or in process.
• Experience with Manufacturing / costing is essential.

Responsibilities

• Review, develop, and maintain standard costs for raw materials.
• Analyze cost variances and provide actionable insights.
• Work closely with plant operations and supply chain teams.
• Conduct margin and profitability analysis.

Skills

Cost analysis

Financial reporting

ERP systems

Data analysis

Education

CA / CPA designation or in process

Job description

Overview

Our global manufacturing client is looking for a Senior Cost Analyst who will assist the Controller in the assessment of company performance by study and analysis of financial and operational data. The Cost Analyst will act as a catalyst in the continuous improvement process by supplying analytical support to the operational areas.

Responsibilities

• Review, develop, and maintain standard costs for raw materials, WIP, and finished goods across all business units.
• Analyze cost variances (material, labor, and overhead) and provide actionable insights to operations and management.
• Work closely with plant operations and supply chain teams to understand product flows, BOMs, and manufacturing processes.
• Assist in the development and optimization of product costing logic, including setup of cost drivers, routings, and BOM groupings (one-to-one or category-based).
• Conduct margin and profitability analysis at the material, customer, and product line levels.
• Support monthly, quarterly, and year-end close processes with accurate cost rollups, inventory valuations, and journal entries.
• Collaborate with IT and finance teams to enhance ERP costing functionality and resolve costing discrepancies.
• Lead and be responsible for standard cost revaluation processes.
• Support internal and external audit processes related to inventory and cost accounting.

Qualifications

• CA / CPA designation or in process.
• Experience with Manufacturing / costing is essential.