About the role
FUNCTIONS & RESPONSIBILITIES 1. Role Purpose * Administer approved accounting practices so cost reports accurately reflect production activity.
2. Standard Costing and Variance Analysis * Report raw material and labour variances for management review. * Assist with maintaining standard costing information and approved cost updates. * Track purchase price variance monthly and report significant variances for management review. * Apply annual standard cost changes for material and labour on January 1.
3. Month-End and Gross Margin Reporting * Assist with month-end journal entries, reconciliations, and supporting schedules. * Prepare and review monthly gross margin reports and identify significant variances for management review.
4. Inventory Control * Review the master inventory list for inactive materials and products. * Enter reported scrap, warehouse transfers, and inventory adjustments. * Assist with coordinating physical inventory counts, including material listings, count instructions, and count procedures. * Reconcile the perpetual inventory balance to the physical inventory count.
5. Performance Monitoring and Improvement * Prepare and update established KPI reports for gross margin, cost control, and operational efficiency. * Document cost accounting systems and procedures. * Maintain documentation for internal controls and audit purposes.
6. Commission & Rebate Management * Prepare sales commission calculations based on approved commission plans. * Maintain and reconcile vendor and customer rebate schedules, including accruals, claims, and true-ups.
REQUIRED SKILLS * Well-developed communication skills. * Previous accounting experience; manufacturing or cost accounting exposure is an asset. * Computer literacy, including spreadsheets and accounting systems. * Strong analytical skills. * Intermediate proficiency in Microsoft Excel and other Microsoft Office applications.
SAFETY RESPONSIBILITIES * Work in compliance with the Occupational Health and Safety Act and applicable regulations. * Use protective equipment and safety devices required by the employer. * Follow safe work practices and procedures. * Follow proper procedures for handling hazardous materials, equipment, and processes under WHMIS.