Cost Accountant
5 days per week in the office in Newmarket, Ontario
$60,000-$62,000 base, normal weeks of vacation and benefits package
About the Job
We are seeking an experienced, hands-on, costing/general accountant who enjoys rolling up their sleeves in a fast-paced environment. The Cost Accountant will perform analysis to support strategic decisions as well as identifying cost improvement opportunities. The role is responsible for performing general accounting functions including preparing journal entries, maintaining balance sheet schedules and accruals, bank reconciliations, inventory management, costing, accruals at month-end and more. This role directly reports directly to the CFO who is CPA-designated and a wonderful, thoughtful leader.
Responsibilities:
General Accountant Duties (50%)
- Ensure tax fillings, government remittances & reporting are done accurately on a timely manner
- Reconciliation of various G/L accounts including bank, AR, AP, inventory, accruals and expenses
- Maintenance of recurring invoice payments and tax installments
- Capital project reporting and maintaining Fixed Asset System
- Ensure accruals and journal entries are done on time for period closures, including year-end
- Timely reconciliation for all bank accounts including credit card and loan accounts
- Perform balance sheet reconciliations, and journal entries
- Prepare and post general ledger entries for the month-end close process
- Assist in timely, accurate and efficient month, quarter, and year end closings
- Prepare monthly and quarterly accounting reports for submission to management
- Review JE’s carefully for anomalies and other inconsistencies
- Provide full backup for Finance Team for vacations and time-off
- Identify opportunities for process improvements
- Assist special projects and ad hoc as required
Cost Accountant Duties (50%)
- Ensure standard product cost system is maintained and changes are processed in an accurate and timely manner
- Account for all inventory transactions and account reconciliation through GL
- Examine, analyze, and interpret production variances for financial and management reporting purposes
- Analyzing actual manufacturing costs and preparing periodic report comparing standard costs to actual production costs
- Inventory management: review, analyze and report on inventory valuation, raw materials, an WIP
- Assist in various inventory related tasks including cycle counts, annual physical inventory counts, reconciliation of differences, inventory adjustments and item maintenance
- Work closely with Materials and Manufacturing personnel to ensure accurate inventory
Requirements
- Bachelor’s degree in Accounting or Finance
- Ideally CPA enrolment or designation completed
- Minimum of 3 years of experience in cost accounting or manufacturing accounting
- Ability to work closely with cross-functional teams and management
- Excellent computer skills with EXCEL using Pivot tables and vlookups
- Strong written and verbal communication skills
- Ability to work in the office at the Woodbridge head office
If you are interested in learning more about this opportunity, please apply now or visit www.winchesters.ca and apply. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.