Senior Project Cost Manager

McCain Foods; Toronto; On-site; CAD 111,000 - 149,000; Full time

Job summary

McCain Foods seeks a Senior Project Cost Manager at its Toronto HQ. The role focuses on financial decision analysis, project cost accounting, and continuous process improvement within the Digital Technology department. Candidates should have extensive experience in finance and strong analytical skills, along with relevant education and certifications.

Benefits

Health coverage (medical, dental, vision)

Retirement savings benefits

Wellbeing programs including vacation and mental health resources

Qualifications

• Minimum 15+ years of experience in project accounting or similar role.
• Professional accounting certification (CPA, CMA) preferred.
• Experience in Technology Finance required.

Responsibilities

• Build financial models for Digital Technology investment decisions.
• Collaborate with project managers to develop comprehensive project plans, budgets, and forecasts.
• Analyze current processes and recommend improvements.

Skills

Analytical skills

Financial modeling

Cost control

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

MS Office Suite

SAP

Job description

Position Title: Senior Project Cost Manager

Position Type: Regular - Full-Time

Position Location: Toronto HQ

Requisition ID:36279

We know the importance that food plays in people's lives – the power it has to bring people, families and communities together. Our purpose is to bring enjoyment to people’s lives through great tasting food, in a way that reflects our values.

Reporting to the Director of Digital Technology Finance, the Senior Project Cost Manager will perform three key functions for the Digital Technology (DT) Function including: decision analysis; project cost accounting & reporting; and, continuous process improvement. This role requires a seasoned professional with strong analytical skills, extensive experience in project accounting, and the ability to lead cost control initiatives.

JOB RESPONSIBILITIES:

Decision Analysis of key strategic technology investments:

• Build financial models to support Digital Technology investment decisions and Sustainable Cost Advantage program (SCA).
• Develop and deploy the cost/benefit analysis (CBA) template and business case template.
• Communicate/train technology & business users on how to complete the template.
• Provide financial input for CBA and business cases (such as cost driver analysis).
• Create financial models and benefits realization templates to track initiative benefits.
• Track/report value realization, return on investment cost savings/avoidance (SCA).

Project Cost Accounting & Reporting of key strategic technology initiatives:

• Collaborate with portfolio managers and project managers/sponsors to develop comprehensive project plans, budgets, and forecasts that maintain a high degree of forecast accuracy on a rolling, quarterly and annual basis.
• Manage and review all third-party contracts in partnership with Vendor Management and delivery teams to ensure third parties meet their project objectives.
• Ensure all POs and invoices are raised/booked to the right project cost/WBS and that vendors provide full transparency to ensure all costs are understood and accurately tracked/reported.
• Perform detailed analysis of project costs, including internal and external labour, hardware, software, travel, and other costs to identify trends, anomalies, opportunities, and risks.
• Generate and present detailed financial reports to senior management and project stakeholders, highlighting cost performance and variance analysis (discrepancies between budget/forecast and actuals) and recommend corrective actions.
• Calculate internal labour cost allocations for each project based on the allocation methodology to ensure all project costs are included in the cost of the project.
• Ensure all financial activities comply with company policies, accounting standards, and regulatory requirements and maintain required documentation of all financial transactions related to projects, ensuring transparency and audit readiness.
• Identify financial risks associated with projects and develop strategies to mitigate them.
• Coach portfolio managers, project managers/sponsors and all of Digital Technology staff on project cost accounting practices.

Continuous Process Improvements within Technology Finance and DT:

• Review processes from end-to-end to identify and address inefficiencies.
• Analyze current processes and compare against industry best practices.
• Recommend process improvements with justification.
• Implement changes (including training & post implementation support).
• Identify cost optimization opportunities and drive the realization of those initiatives.

KEY QUALIFICATION & EXPERIENCES:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional accounting certification (CPA, CMA, or equivalent) preferred.
• Minimum of 15+ years of experience in project accounting or a similar role.
• Experience in Technology Finance is required.
• Experience in project cost accounting and decision analysis is required.
• Business minded with solid financial, analytical, and business problem-solving skills.
• Proficiency with the MS Office suite of tools is necessary and exposure to SAP is an asset.
• Excellent interpersonal and communication skills are a requirement.
• Ability to adapt easily to change and operate in a dynamic environment.
• Strong attention to detail and strong analytical ability required.
• Demonstrated ability to work both independently and as part of a team.
• Must be able to function effectively under time constraints and multitask based on business need.

#LI-McCain2025

Compensation Package:$111,700.00-$149,000.00CAD annually + bonus eligibility

The above reflects the target compensation range for the position at the time of posting. Hiring compensation will be determined based on experience, skill set, education/training, and other organizational needs.

Benefits: At McCain,we’re on a mission to create a winning culture that puts employee safety and wellbeing at the heart of what we do, every day. We understand and appreciate that each person’s needs are unique and ensure our benefits & wellbeing programs reflect that. Employeesare eligible for the following benefits:health coverage (medical, dental, vision, prescription drug), retirement savings benefits, and leave support including medical, family and bereavement. Wellbeing programs include vacationandholidays, company-supported volunteering time, and mental health resources. Coverages are aligned to country, provincial and state governing plans and can vary by work level, location and nature of the role.Additional benefit details available during the application process.

Your well-being matters to us, and we’re here to provide you with the necessary resources to support you in being your best self at work — and at home.

McCain Foods is an equal opportunity employer. As a global family-owned company, we strive to be the employer of choice in the diverse communities around the world in which we live and work. We recognize that inclusion drives our creativity, resilience, and success and makes our business stronger.All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, veteran status, disability, or any other protected characteristic under applicable law.

McCain is an accessible employer. If you require an accommodation throughout the recruitment process (including alternate formats of materials or accessible meeting rooms), please let us knowand we will work with you to find appropriate solutions.

Your privacy is important to us. By submitting personal data or information to us, you agree this will be handled in accordance with McCain’s Global Privacy Policyand Global Employee Privacy Policy, as applicable. You can understand how your personal information isbeing handled here.

Job Family:Information Technology
Division:Global Digital Technology
Department:Technology Finance
Location(s): CA - Canada : Ontario : Toronto || CA - Canada : New Brunswick : Florenceville-Bristol

Company:McCain Foods (Canada)