Sr. Cost Accountant

ASSA ABLOY Entrance Systems; Vaughan; On-site; CAD 70,000 - 100,000; Full time

Benefits offered by this job

Health, dental, and vision plans

401(k) with company matching

Disability, life & accidental 보험

15 PTO days + 11 paid holidays

Flexible scheduling

Structured onboarding & training

Job summary

ASSA ABLOY Entrance Systems in Vaughan, Canada, is seeking a Senior Cost Accountant to manage manufacturing costs and inventory across multiple product lines, ensuring standard costs, BOMs, labor routings, and overhead rates are accurate.

You will prepare monthly cost roll-ups, analyze variances, and support month‑end close while partnering with operations, procurement, sales, and service teams to enhance cost transparency and profitability.

Qualifications

• Bachelor’s degree in accounting; CPA/CMA preferred.
• 3–5 years cost accounting experience in a manufacturing environment.
• Strong knowledge of standard costing, BOMs, labor routings, and inventory accounting.
• Experience with large ERP systems such as Oracle, JDE, SAP, AX or similar platforms.

Responsibilities

• Maintain and update standard costs, 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 explain results to leadership.
• Review gross margin by product/division/entity to ensure accuracy.
• Support cost accounting for inventory, COGS, and month‑end close.

Skills

Cost accounting

Manufacturing

Advanced Excel

ERP systems

Data analysis

Education

Bachelor’s Degree in Accounting

CPA/CMA preferred

Tools

Oracle

SAP

JD Edwards (JDE)

AX

Job description

ASSA ABLOY Entrance Systems, Pedestrian Door Solutions

Join the industry leader in automated door solutions! ASSA ABLOY Entrance Systems is a global manufacturer committed to creating safe, secure, and efficient entrance systems for people worldwide. We specialize in automated pedestrian, industrial, and high-performance door solutions, operating in over 100 countries.

Why Join ASSA ABLOY Entrance Systems?

At ASSA ABLOY, we offer more than a job — we provide an environment for growth, innovation, and meaningful contributions. Here’s why our team loves being part of ASSA ABLOY:

Enjoy competitive pay, robust health insurance options, and retirement plans. Your well-being matters to us, which is why we also offer PTO, holidays, and additional perks like tuition reimbursement and service awards.

2. Meaningful Impact

Your work will directly impact customers in industries such as healthcare, transportation, and retail by delivering sustainable, customized door solutions. Whether you’re solving complex technical challenges or collaborating with contractors, every task helps build safer, more efficient spaces.

We invest in you from day one. We provide well-defined career paths with regular performance reviews and opportunities for promotion. Participate in programs designed to develop your leadership skills and prepare you for management roles. Explore different roles within the company to find the best fit for your skills and interests.

The Role:

The Senior Cost Accountant is responsible for managing and analyzing manufacturing and inventory costs across multiple product lines, ensuring the accuracy of standard costs, BOMs, labor routings, and overhead rates. This role prepares monthly cost rollups, analyzes material, labor, and overhead absorption, and explains manufacturing variances and gross margin performance by product, division, and entity to senior leadership. The position oversees inventory accounting and controls, including reconciliations, cycle counts, and valuation of raw materials, WIP, and finished goods across manufacturing and field service locations. The Senior Cost Accountant also plays a key role in M&A integration by supporting cost alignment, system integration, margin analysis, and standardized reporting for newly acquired operations, as well as assisting with due diligence. Partnering cross‑functionally with operations, procurement, sales, and service teams, this role supports month‑end close, operational KPIs, pricing, and continuous improvement initiatives to enhance cost transparency and profitability.

Key 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.
• 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 Oracle, JDE, SAP, AX 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.

What We Offer:

• Health, dental, and vision plans
• 401(k) with company matching
• Short- and long-term disability, life, and accidental insurance
• 15 PTO days and 11 paid holidays

Work-Life Balance

• Flexible scheduling for when life happens.

Ongoing Training & Recognition

• Get up to speed quickly with our structured onboarding process.
• Access to online courses to keep your skills sharp and up to date.
• Learn from experienced colleagues and industry experts.
• Length of Service awards to celebrate your milestones.

Our Commitment to Diversity & Inclusion:

ASSA ABLOY fosters a workplace where everyone feels valued, respected, and included. We celebrate diversity and strive for equity in all aspects of our organization. Together, we innovate and create solutions that serve our global community.