Senior Cost Analyst

Job Description

<p><p><b>Senior Cost Analyst</b></p></p> <p>Employment Type</p> <p>Permanent</p> <p>Location</p> <p>Scarborough, Ontario</p> Apply SHARE THIS JOB <br/> <p><p><b>Job Description:</b></p></p> <p>Our global manufacturing client is looking for a Senior Cost Analyst who will assist the Controller in the assessment of company performance by study and analysis of financial and operational data. The Cost Analyst will act as a catalyst in the continuous improvement process by supplying analytical support to the operational areas. </p>
<p><b>Duties and Responsibilities of the Senior Cost Analyst:</b></p>
<li>Review, develop, and maintain standard costs for raw materials, WIP, and finished goods across all business units.</li>
<li>Analyze cost variances (material, labor, and overhead) and provide actionable insights to operations and management.</li>
<li>Work closely with plant operations and supply chain teams to understand product flows, BOMs, and manufacturing processes.</li>
<li>Assist in the development and optimization of product costing logic, including setup of cost drivers, routings, and BOM groupings (one-to-one or category-based).</li>
<li>Conduct margin and profitability analysis at the material, customer, and product line levels.</li>
<li>Support monthly, quarterly, and year-end close processes with accurate cost rollups, inventory valuations, and journal entries.</li>
<li>Collaborate with IT and finance teams to enhance ERP costing functionality and resolve costing discrepancies.</li>
<li>Lead and be responsible for standard cost revaluation processes.</li>
<li>Support internal and external audit processes related to inventory and cost accounting.</li> <p>TMGNY</p> <p><p><b>Job Requirements:</b></p></p> <li>CA/CPA designation or in process. </li>
<li>Experience with Manufacturing/costing is essential.</li> Apply