Our client is an established contract manufacturer producing consumer and household products for leading North American brands and retailers. They are seeking an experienced Cost Accountant who enjoys hands-on product costing, works comfortably with manufacturing data and has the judgment to recognize when a number does not make sense.
This is a practical, high-impact position in Finance with close daily interaction with Sales, Purchasing and Operations. Roughly 50% of the role involves preparing customer quotations; the balance is focused on maintaining standards, cost accounting and explaining variances. It will suit someone who values ownership, accuracy and a stable long-term role.
Responsibilities
- Prepare timely, accurate customer cost sheets and quotations using bills of materials, material and packaging costs, direct labour and manufacturing overhead.
- Develop and update standard product costs, including annual standards and quarterly reviews; maintain reliable data in the ERP system.
- Analyze quoted versus standard versus actual costs, margins, purchase price variances (PPV) and production/costing variances.
- Review costing outputs for reasonableness, identify errors or unexpected cost drivers and investigate discrepancies before issuing quotes.
- Work directly with Sales, Purchasing and manufacturing colleagues to confirm assumptions, resolve issues and support pricing decisions.
- Support inventory revaluations, month-end reconciliations and journal entries, management reporting, and audit-related costing requirements.
- Help improve costing accuracy, consistency and the quality of information used for commercial decisions.
Qualifications
- At least 3 years of meaningful cost accounting experience in a manufacturing environment, ideally with product costing and a high volume of quotes or cost builds.
- Sound knowledge of bills of materials, labour and overhead standards, standard costing, PPV, inventory accounting and margin analysis.
- Strong Excel skills and experience working with an ERP system; MAGIC experience is an asset.
- Ability to validate your own work, challenge unusual costs and communicate findings clearly across departments.
- An accounting or finance education; CPA qualification is helpful but not required.
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Cost Accountant — Manufacturing in Toronto employer: Red Rover Recruitment
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