VACANCY DETAILS :-
POST NAME - Cost Accountant
QUALIFICATION - CMA Inter/CMA/CPA/B.Com
EXPERIENCE - 4 Years
CTC - $100k - 115k annually
LOCATION - Canada, Ancaster
JOB DESCRIPTION :-
As our next Cost Accountant, you will play a critical role in establishing, maintaining, and continuously improving standard costing and inventory valuation across Powder Metal Canada plants. You will serve as a key financial partner to Operations and Commercial teams, ensuring cost transparency, margin protection, and data integrity to support quoting, decision‑making, and cost‑reduction initiatives.
Why You’ll Love Working Here
- Innovative Environment: Work on cutting-edge technologies and innovative projects that push the boundaries of what’s possible.
- Professional Growth: Opportunities for continuous learning and professional development through training programs and workshops.
- Collaborative Culture: A supportive and collaborative work environment where teamwork and knowledge sharing are encouraged.
- Competitive Compensation: Attractive salary packages and comprehensive benefits that reward your hard work and dedication.
What You’ll Be Doing
Master Data & Costing System Integrity
- Leading the setup, validation, and ongoing maintenance of standard costs in CMS
- Validating routing structures, machine rates, labor rates, and overhead absorption logic
- Reviewing scrap factors, OEE assumptions, and tooling amortization inputs
- Performing annual standard cost roll‑ups and periodic updates
- Ensuring consistent costing methodologies across plants
Inventory Valuation & Controls
- Supporting physical inventory counts and reconciliation activities
- Analyzing and explaining variances between standard and actual costs
- Investigating and resolving inventory discrepancies
- Reducing risk of write‑offs and valuation inaccuracies
- Supporting audits related to costing and inventory controls
Commercial Quoting & Should‑Be Costing
- Developing and maintaining quoting tools aligned with standard costs
- Building “should‑be” cost models using operational KPIs
- Supporting pricing and margin validation discussions
- Improving speed, accuracy, and integrity of new business quotations
Operational KPI & Financial Integration
- Translating OEE, scrap, labor efficiency, and throughput metrics into financial impact
- Supporting cost‑reduction initiatives with measurable financial validation
- Providing visibility to cost drivers at the operation and process level
Continuous Improvement & Risk Management
- Identifying cost structure improvement opportunities
- Supporting automation, insourcing, and cost‑optimization initiatives
- Reducing financial risk through improved cost transparency and controls
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