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We are looking for an experienced Accountant to join a team in the Manufacturing sector located in Guelph,ON.
Job Responsibility:
Developing, maintaining, and reviewing standard costs for raw materials, labor, and overhead, ensuring accuracy and timeliness across all product lines
Conducting detailed variance analysis on a monthly and ad-hoc basis, specifically investigating and reporting on material usage, purchase price, labor efficiency, and overhead absorption variances
Collaborating closely with the Production, Engineering, and Procurement teams to gather operational data, understand changes in manufacturing processes, and ensure the accuracy of Bills of Materials (BOMs) and production routings
Managing all aspects of inventory accounting, including valuation, reconciliation, reserve calculations (e.g., obsolescence/slow-moving inventory), and the accurate costing of Work-in-Progress (WIP) and Finished Goods
Supporting the finance team with the month-end and year-end close processes related to Cost of Goods Sold (COGS) and inventory balances
Preparing and analyzing gross margin reports by product, customer, and production run to advise management on pricing, profitability, and cost-reduction opportunities
Assisting in the preparation of the annual budget and periodic financial forecasts for manufacturing costs and operational spending
Performing ongoing review and enhancement of cost accounting systems and processes within the ERP system to improve efficiency and data integrity
Ensuring compliance with Canadian accounting standards as they pertain to inventory valuation and cost accounting principles
Requirements:
Minimum 2 years of accounting experience across all aspects of the function
A bachelor’s degree in either business administration or accounting
Strong experience working in manufacturing is required
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