Senior Project Cost Manager

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

Job summary

A leading company in food manufacturing is seeking a Senior Project Cost Manager in Toronto. This role is essential in analyzing strategic technology investments, ensuring precise project accounting, and leading cost control initiatives. The ideal candidate will have extensive experience in project accounting, strong analytical abilities, and a CPA certification. They will drive financial decisions to enhance project performance while collaborating closely with portfolio managers.

Benefits

Health coverage (medical, dental, vision)

Retirement savings benefits

Leave support for medical, family and bereavement

Vacation and holidays

Company-supported volunteering time

Mental health resources

Qualifications

• Minimum of 15+ years of experience in project accounting or a similar role.
• Experience in Technology Finance is required.
• Business-minded with strong financial and analytical problem-solving skills.

Responsibilities

• Build financial models to support Digital Technology investment decisions.
• Collaborate with project managers to develop budgets and forecasts.
• Generate and present detailed financial reports to senior management.

Skills

Analytical skills

Project accounting

Cost control

Communication

Attention to detail

Education

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

Professional accounting certification (CPA, CMA)

Tools

MS Office

SAP

Job description

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Position Title : Senior Project Cost Manager

Position Type : Regular - Full-Time

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.

Compensation Package : $111,700.00 - $149,000.00 CAD 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. Employees are 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 vacation and holidays, 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 know and 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 Policy and Global Employee Privacy Policy , as applicable. You can understand how your personal information is being handled here .

Job Family : Information Technology

Division : Global Digital Technology

Company : McCain Foods (Canada)

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Project Management and Information Technology

Food and Beverage Manufacturing

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