Sr Cost Accountant

ASSA ABLOY; Vaughan; On-site; CAD 90,000 - 110,000; Full time

Benefits offered by this job

Comprehensive benefits package

Job summary

ASSA ABLOY Entrance Systems is seeking a Senior Cost Accountant based in Vaughan, Ontario. You will manage standard costs, BOMs, labor routings, and overhead rates across multiple product lines, and partner with operations to drive cost improvements.

Responsibilities include cost roll-ups, variance analysis, inventory valuation, month-end close for COGS, and supporting the integration of acquired companies. Strong Excel and ERP experience required; CPA/CMA preferred.

Qualifications

• Bachelor's Degree in Accounting required; CPA/CMA preferred.
• 3–5 years of cost accounting experience in manufacturing.
• Strong knowledge of standard costing, BOM/routing, and inventory accounting.
• Experience with ERP systems such as LN, BC 365, BAAN or similar.
• Advanced Excel and data-analysis skills.

Responsibilities

• Maintain and update standard costs, BOMs, labor routings, and overhead rates.
• Prepare monthly cost roll-ups and evaluate material, labor, and overhead absorption.
• Analyze manufacturing variances and prepare explanations for leadership.
• Review gross margin by product/division to ensure accurate results.
• Partner with operations to monitor cost drivers and support improvements.
• Complete month-end close related to inventory, COGS, and manufacturing P&L.

Skills

Cost accounting

Excel

Data analysis

Cross-functional collaboration

Education

Bachelor's Degree in Accounting

CPA/CMA preferred

Tools

LN

BC 365

BAAN

Job description

ASSA ABLOY Entrance Systems is seeking candidates for a Senior Cost Accountant position based in Vaughan, ON.

ASSA ABLOY Entrance Systems is a leading supplier of entrance automation solutions for efficient flow of goods and people. With global product brands such as Besam, Crawford, Megadoor, and Albany, we offer complete pedestrian, industrial, and high-performance door solutions. We provide products and services to a global clientele in more than 100 countries. ASSA ABLOY Entrance Systems is a division of ASSA ABLOY, a worldwide organization with more than 47,000 employees.

Compensation:

The salary range for this position is CAD $90,000 - $110,000 annually, based on experience, qualifications, and skills. In addition to base salary, we offer a comprehensive benefits package.

Responsibilities

Manufacturing & Cost Accounting

• Maintain and update standard costs, bills of materials (BOMs), labor routings, and overhead rates across multiple product lines.
• Prepare monthly cost roll-ups and evaluate material, labor, and overhead absorption.
• Analyze manufacturing variances (PPV, labor efficiency, scrap, usage) and prepare variance explanations for senior leadership.
• Review preliminary gross margin performance by product, division, and entity to ensure results are accurately stated.
• Partner with operations to monitor key cost drivers and support continuous improvement initiatives.

Inventory Accounting & Control

• Conduct monthly and quarterly inventory reconciliations, ensuring accurate valuation of raw materials, WIP, and finished goods.
• Perform cycle count and physical inventory analysis; investigate variances and recommend corrective actions.
• Ensure inventory costing is correctly recorded across manufacturing and field service locations.

M&A Integration and Operational Support

• Support integration of acquired automatic door companies, including:
  • aligning standard costs and BOM structures
  • evaluating margins, pricing, and inventory practices
  • integrating acquired data into corporate systems
  • standardizing reporting, controls, and accounting workflows
• Assist with due diligence activities requiring detailed cost and inventory analysis.
• Participate in system setup, testing, and process design for newly onboarded operations.

Financial Close & Reporting

• Complete month-end close activities related to inventory, COGS, variances, accruals, and manufacturing P&L review.
• Prepare and analyze cost accounting reports, operational KPIs, and service margin data.
• Research and resolve cost or inventory discrepancies and communicate findings to divisional controllers.

Cross-Functional Collaboration

• Work closely with manufacturing, procurement, sales, and service teams to address ad hoc cost and margin requests.
• Assist in updating cost accounting policies, procedures, and documentation.
• Support pricing, quoting, and product profitability analysis for operations and commercial teams.

Requirements

• Bachelor's Degree in Accounting required; CPA/CMA preferred.
• 3-5 years of cost accounting experience in a manufacturing environment.
• Strong knowledge of standard costing, BOM/routing structures, and inventory accounting.
• Experience with large ERP systems such as LN, BC 365, BAAN or similar platforms.
• Advanced Excel and strong data-analysis skills.
• Ability to thrive in a changing environment where systems and processes are evolving-including integration of newly acquired companies.
• A hands-on, "roll up your sleeves" mindset with the ability to shift quickly between tasks.
• Strong communicator and collaborative team player who builds effective working relationships.
• Highly organized and able to evaluate multiple solutions to operational and accounting challenges.

Compensation for this role is: $70,000-$100,000

This posting is for a newly created position.

We are the ASSA ABLOY Group

Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces - physical and virtual - safer, more secure, and easier to access.

As an employer, we value results - not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions - supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.

As we welcome new people on board, it's important to us to have diverse, inclusive teams, and we value different perspectives and experiences.