Job Description

RESPONSIBILITIES:

• Define and maintain cost accounting policies and costing standards for raw materials, tools, hardware, labor, labor and material burden, WIP and finished goods
• Develop, maintain and update cost accounting models and systems, standard costs to advise management on price changes in order to maintain and maximize profit margins
• Analyze production costs and understand impact to costs of goods sold on the company's financial reports, which affects the company's bottom line, and recommend changes
• Detailed analysis on gross margins related to a company's products, purchases and inventory
• Understand P&L and balance sheet accounts to understand the main cost drivers of the business, and the impact coming from cost adjustments
• Analyze cost accounting data and for preparation of regular reporting including gross margin analysis by site, by manufacturing process, by customer, by parts groupings
• Assist with cycle counts/physical inventories/stock reconciliations
• Close collaboration with IT on changes to ERP resulting from cost adjustments
• Play an active role in costing for new products/projects
• Business partnering with key internal stakeholders
• Educate Operational and Production teams on the cost tracking and management

REQUIRED KNOWLEDGE, QUALIFICATIONS, SKILLS AND ABILITIES:

• At least five years’ related work experience and a Bachelor’s degree in Accounting or Finance. An accreditation such as certified public accountant (CPA) or certified management accountant (CMA), as well as a master’s degree in business administration (MBA) are preferred
• Knowledge of IFRS, US-GAAP in relation to Cost Accounting Standards
• Must have a working understanding of the different techniques used to evaluate a product's cost such as the standard and traditional methods
• Experience in activity-based costing for fixed and variable costs in relation to the overall direct cost of a line of products
• Have working experience in designing and implementing data collection systems and data modelling in related manufacturing industry
• Must have working knowledge and experience with cost management in ERP systems, preferably in Epicor ERP
• Detailed oriented, ability to research, compile, analyze and interpret complex data
• Strong organizational and time management skills; working under tight deadlines
• Able to work in a fast-paced environment with multiple stakeholders
• Good written, verbal communication, collaborative and interpersonal skills with various departments – from management to direct labor staff
• Proficient in Microsoft Excel and Microsoft Office suite
• Ability to work independently under minimal supervision
• Respect for information confidentiality laws and local ethics

NOTE: The job description is not intended to be all-inclusive. Employee may be required to perform other related duties to meet the ongoing needs of the organization.