Cost Accountant

Posted 3 months ago
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Job Description

Cost Accountant - Healthcare - IT - Logistics - Hospitality - Warehouse
Job title: Cost Accountant

Company: Mircom Technologies

Job description: Cost AccountantFounded in 1991, the Mircom Group of Companies is North America’s largest independent designer, manufacturer and distributor of intelligent building and life safety solutions. Reaching customers in over 100 countries worldwide, our portfolio includes: fire detection & alarm, communications & security, mass notification, nurse call, and building automation & smart technologies.Mircom’s mission is to save lives and protect property by providing a line-up of innovative and advanced solutions which are scalable to satisfy diverse user demands, from small buildings to the largest complexes. Our unwavering commitment to North American manufacturing enables us to offer the highest quality and best competitive value across our vast range of products and solutions.Summary:The successful candidate will be based out of our Finance department at our Head Office in Vaughan, reporting to our Controller. As a Cost Accountant in our dynamic environment, you will be responsible for financial cost analysis, cost control and ensuring the accuracy of financial records; essentially, the candidate will help the organization control costs and engage in strategic planning to improve cost efficiencies.Key Responsibilities:

  • Collaborates with Purchasing, Production, and Engineering to determine and confirm standard costing rates.
  • Conducts periodic reviews and audits of system rates to actual.
  • Collects and analyzes financial data to confirm accuracy of financial processing.
  • Rolls out annual standard costs in D365 environment.
  • Reviews inventory evaluation and generates necessary reporting.
  • Helps management make important decisions based on costs and benefits.
  • Monitors changes in processes or methods to calculate effects on overall costs.
  • Estimates product costs for new products.
  • Updates to system for new products, changes to production, engineering changes.
  • Reviews and Audits standard costs to actual rates.
  • Reviews financial processing of standards in general ledger.
  • Reviews financial reporting of variances (PPV & DL) monthly.
  • Coordinates and calculates annual standards including annual cost roll.
  • Oversees standards for new product as required.
  • Oversees standards for engineering changes.
  • Performs analysis as required by various departments.
  • Prepares monthly inventory reconciliation.
  • Participation in year end audit.

Requirements and Skills:

  • Bachelors Degree in Accounting, Finance or a related field.
  • CPA not required, but considered an asset.
  • 3 to 5 years of manufacturing experience in a highly developed ERP system
  • Solid understanding of cost accounting principles and practices.
  • Strong analytical and problem-solving skills to interpret complex data.
  • Ability to conduct detailed cost analysis and financial modeling.
  • Excellent written and verbal communication skills to effectively collaborate with cross-functional teams to present financial information.
  • Knowledge of D365 is considered an asset.
  • Meticulous attention to detail to ensure accuracy in financial records and reports.
  • Strong interpersonal skills.
  • Ability to adapt to a fast-paced manufacturing environment and evolving business needs.

What Mircom Offers:

  • A great working environment
  • Competitive salary
  • Group insurance benefits
  • Company RRSP program

We would like to thank all applicants for their interest in this position however only those selected for interviews will be contacted.Mircom Group of Companies is an equal opportunity employer that considers all applicants regardless of cultural background, religion, marital status, sexual orientation, family status, disability or any other grounds as outlined in the Ontario Human Rights Code. In compliance with the Accessibility for Ontarians with Disabilities Act, Mircom is committed to providing a welcoming and inclusive work environment for all individuals with disabilities in a respectful and dignified manner. Accommodations will be made available, upon request, to applicants who have specialized needs throughout the recruitment process.Disclaimer: Mircom does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other job postings. Any resume or other information received from a supplier not approved in advance by Mircom to provide resumes to this posting or website will be considered unsolicited

Expected salary:

Location: Vaughan, ON

Job date: Wed, 19 Jun 2024 01:13:58 GMT

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