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Cost Accountant

InVision Staffing Services Inc.

This is a Full-time position in Toronto, ON posted January 7, 2019.

InVision is a progressive and strategic recruitment provider focused on servicing technical professions encompassing Engineering, Information Technology and Skilled Trades across Canada.

Our client, a leading manufacturing company is looking to hire a Cost Analyst with a strong background within an SAP environment.

Main Duties and responsibilities:

Create, analyze and maintain SAP standard costs for all company productsInventory Reporting and Analysis – Value/Reach/Turns vs plan and targetsAnalysis and reporting of department cost center spending and forecasted commitmentsAnalysis and reporting of capital spending and forecasted commitmentsProvide Costing analysis for the Manufacturing Plant and WarehouseManufacturing variance analysis – Labor and Raw MaterialsAssist with month-end reporting as required (manufacturing – cost per product, material consumption, productivity)

Other responsibilities:

SAP Master Data creation and maintenance for all Accounting and Costing Tabs per SKUSAP Master Data creation and maintenance of Cost Center HierarchyWork with and support department managers to review cost center detailsAnalysis of Depreciation Costs per asset classPrepare ROI analysis for projects for Management review and approvalEnsure controls are adhered to for effective inventory management.Provide analysis and feedback to the operations and manufacturing team on cost savings initiativesProvide analysis of manufacturing and operations Key Performance Indicators – Productivity, Waste, Cost per itemCoordinate and control physical inventory counts and provide analysis of results and follow up on open issues and corrective actionsAssist with year-end external financial audit as it pertains to inventory and manufacturing costsWork closely with Accounting Manager as requiredPerform Inventory Audits, Cycle Count analysis and postingAnalysis of purchase price variance on raw materialsMaintain Provision for Obsolete InventoryAnalysis of slow moving and discontinued inventoryAssist in preparation of yearly budgets and quarterly forecastsMaintain Cost allocations in SAPYear End Standard Cost rollover and revaluationMiscellaneous reporting upon requestAnalysis of purchase price variance on raw materialsMaintain Provision for Obsolete InventoryAnalysis of slow moving and discontinued inventoryAssist in preparation of yearly budgets and quarterly forecastsMiscellaneous reporting upon request


Bachelor’s degree in business or accounting with 3-5 years of relevant experience in a fast-paced, manufacturing environmentHands-on working knowledge of SAP financial applications in SAP – CO, FI and MM module, (PP module an asset) and Microsoft Office (advanced Excel)Must have a strong Costing systems background and understanding of accounting principlesMust have experience coming from a Manufacturing environmentSignificant attention to detail as high level of accuracy is essentialExcellent analytical and interpersonal skillsFlexible, well organized, able to multi-task, set priorities and meet deadlinesAccounting designation or currently enrolled in a professional accounting program

Employment Rewards:

Career Growth OpportunitiesLeading CompanyFull Benefits package and Pension Plan

Application Process:

All Qualified candidates will be contacted

InVision is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind:

It is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment.

Skills Required

  • Education level: None
  • Work experience (years): 3-5 years


Salary: 65000.00-75000.00$ per hour