Sr. Cost Analyst

Maple Leaf Foods; London; On-site; CAD 75,000 - 95,000; Full time

Job summary

Maple Leaf Foods is seeking a Sr. Cost Analyst to provide costing leadership and support within the finance team. This role involves validating costs, managing budgets, and collaborating with cross-functional teams to ensure financial accuracy. Candidates should have a finance background in manufacturing, along with strong analytical skills and experience with SAP. Join us in a company committed to building a sustainable protein future.

Benefits

Competitive Health and Wellness benefits

Defined Contribution Pension Plan with company matching

Comprehensive tuition reimbursement program

Opportunities for career growth and development

Paid volunteer days

Qualifications

• 3-5 years finance background in a manufacturing environment.
• Demonstrated experience in cost accounting, budgeting, and internal controls.
• Tech-savvy with strong skills in data analysis and systems modeling.

Responsibilities

• Validate and establish standard costs for new products/materials in SAP.
• Review and compile standard cost revisions, ensuring accurate entry into the SAP system.
• Prepare and analyze monthly and quarterly forecasts, providing detailed financial insights.

Skills

Data analysis

Budgeting

Cost accounting

Communication

Problem-solving

Education

Bachelor’s degree in business finance or accounting

Tools

SAP

Power BI

Microsoft Excel

Impact 3C

Job description

The Opportunity:

Reporting to the Finance Manager, the Sr. Cost Analyst provides costing leadership, support and analysis to the plant finance and Poultry business leadership team. We are looking for a versatile and self-motivated finance professional with strong technical skills and aptitude for modelling and analyzing data. This position plays a key role in the budget/forecast process and is responsible for the execution of monthly standard cost updates for the business. This position will work out of London with expectation for some travel to our Corporate office in Mississauga.

Any MLF team member interested in being considered for this role are encouraged to apply online by May 15. Applications received beyond that date are not guaranteed consideration.

Snapshot of a Day-in-the-Life:

Cost Validation and Setup:

• Validate and establish standard costs for new products/materials in SAP.
• Manage the costing role for the Engineering Change Request (ECR) process, ensuring all changes are accurately reflected in the system.
• Work closely with Business Development and manage the overall Poultry new cost or cost changes tracker

Monthly Cost Management:

• Review and compile standard cost revisions, ensuring accurate entry into the SAP system.
• Collaborate with relevant departments to gather necessary information for cost updates.
• Release monthly costing changes in SAP, including Raw Material Prices and BOM/Recipe updates, in accordance with the Costing Narrative.
• Monitor and adjust costs to reflect market conditions and operational changes.

Costing Budget Management:

• Support the costing budget for Poultry, setting plant targets, updating SAP costs, validating Cost of Goods Sold (COGS), and assessing overall financial impacts.
• Coordinate with plant finance to ensure budget adherence and identify cost-saving opportunities.

Forecasting and Reporting:

• Timely analyze and accurately consolidate weekly Vitals reports to provide actionable insights.
• Prepare and analyze monthly and quarterly forecasts, providing detailed financial insights.
• Report month-end results, highlighting key variances and trends.

Costing Support:

• Provide guidance and support to the Poultry finance team on costing requirements across plants.
• Facilitate training sessions and workshops to enhance team understanding of costing processes.
• Collaborate with all plants to ensure the accuracy of standard cost components (e.g., raw material yield, direct labor, packaging, and ingredients).
• Develop a deep understanding of plant floor processes to accurately capture costing data
• Work closely with plant operations and finance teams to identify and analyze cost drivers, including raw material yields, labour efficiency and packaging usage.
• Conduct regular audits and reviews to maintain cost accuracy.

Compliance & SOP Development:

• Ensure compliance with C3 for journal entries and General Ledger (GL) account reconciliations.
• Meet external audit requirements, supporting costing process walk-throughs and testing.
• Develop and maintain standard operating procedures (SOPs) for costing processes.
• Continuously improve SOPs to reflect best practices and regulatory changes.

System Optimization:

• Optimize systems to improve reporting and costing processes
• Identify and implement technological solutions to enhance data accuracy, streamline workflows, and improve overall efficiency.

Ad Hoc Reporting:

• Create and analyze ad hoc reports and models as needed to support business decisions.
• Compile cost estimates for Commercial opportunities
• Provide insights and recommendations based on data analysis.

What You’ll Bring:

• 3-5 years Finance background in a manufacturing environment.
• Completed Bachelor’s degree – ideally with specialization in business finance or accounting.
• Tech-savvy individual with strong skills in data analysis and systems modeling, utilizing tools such as Power BI, Microsoft Excel and Impact 3C.
• Demonstrated experience in cost accounting, budgeting, and internal controls
• Excellent communication skills, both verbal and written
• Strong interpersonal skills, ability to build relationships with business partners and team
• Superb sense of urgency, attention to detail, organizational & problem-solving skills
• A proactive self-starter with the confidence and curiosity to take initiative, ask questions and improve processes
• Prior experience in food manufacturing and SAP are preferred

What We Offer at Maple Leaf Foods:

• Being part of a high-performance, people-focused company that has an inspiring and unique vision to become the most sustainable protein company on earth, and a deep commitment to sustainable protein across North America.
• An inclusive company culture and a work environment that keeps our people safe, rewards excellence, and empowers everyone to learn and contribute their best.
• Competitive Health and Wellness benefits that offer flexibility to meet your individual or family needs, including programs focused on improving mental health and wellbeing. These benefits start on your first day of employment.
• Defined Contribution Pension Plan with company matching that starts on your first day of employment.
• Learning and development opportunities, including workshops, ‘speaker series’ events, and resources that allow you to develop your skills and progress your career.
• Comprehensive tuition reimbursement program that supports continuous learning and development of our team members through investment in eligible degrees, diplomas, professional certification, or trades programs.
• Supporting our deep commitment to community impact, we offer up to two paid days annually to volunteer at a cause of your choice.

About Us:

We’re a carbon neutral food company on a purposeful journey to Raise the Good in Food through better nutrition, safer food and workplaces, more humane animal care, and environmental sustainability efforts that protect our planet. We care about our communities and commit to reducing food insecurity in Canada. Join us on the journey. Let’s build a better future, together.

We’re passionate about food. For more than 100 years, we’ve made delicious, healthy protein that Canadians love under iconic national and regional brands, like Maple Leaf, Schneiders, and Greenfield Natural Meat Co. We’re on a journey to become the most sustainable protein company – not just in Canada – but on earth.

• We are carbon neutral.
• We are one of the only food companies in Canada to set science-based targets.

We’re a global food company with more than 13,500 team members. We operate sites in 20+ locations across Canada. We also have locations in the U.S. and Mexico, and do business in Asia.

A diverse and inclusive work environment

Championing diversity and inclusion is a critical component to advancing our collective purpose and vision and living the Maple Leaf Leadership Values. We believe in building, investing in, recognizing, and rewarding remarkable people who value an inclusive workplace, embrace all forms of diversity, and commit to including every voice in our collaborative environment. We’re so much stronger when we know we’re accepted and valued for who we are and what we each bring to the workplace.

We embrace a strong, values-based culture

Our eight Leadership Values are our north star. They guide the decisions we make for all our stakeholders: our consumers, our customers, our people, our communities, our shareholders, and the environment.

• Doing What’s Right
• Shared Value
• High Performance
• Diverse and Inclusive Teams
• Disciplined Decision Making
• Our Accountability
• Intense Curiosity
• Transparency and Humility

We thank all applicants for their interest in exploring employment opportunities with Maple Leaf Foods; however, only those selected for an interview will be contacted. Applicants may be subject to a background check and must meet the security criteria designated for the position.

Championing diversity and inclusion is a critical component to advancing our collective purpose and vision, living the Maple Leaf Leadership Values, and delivering winning results. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired; please contact our Talent Attraction Team at [e-mail] .

Disclaimer: Please note that salaries posted on sites other than the MLF Careers Page are not a reflection of Maple Leaf Foods and are an estimated salary range provided by that particular job board. Maple Leaf Foods offers competitive wages and an attractive total rewards package, which will be discussed during an interview with our Talent Team.

Our 13,500 team members work in 20+ locations across Canada and the U.S. Find out where our plants and offices are located.

There’s no limit to how far you can take your career at Maple Leaf Foods. We’re a team of people with diverse backgrounds and a wide range of skills who challenge each other every day to learn and grow. When you join our team, your opportunities for growth are endless.