Operations Accountant
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
FUNCTIONS & RESPONSIBILITIES
1. Role Purpose
1. Role Purpose
- Administer approved accounting practices so cost reports accurately reflect production activity.
- 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.
- Assist with month-end journal entries, reconciliations, and supporting schedules.
- Prepare and review monthly gross margin reports and identify significant variances for management review.
- 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.
- 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.
- Prepare sales commission calculations based on approved commission plans.
- Maintain and reconcile vendor and customer rebate schedules, including accruals, claims, and true-ups.
- 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.
- 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.
More about this job
Responsibilities
Maintain standard costing and analyze material, labor, and purchase price variances; support month-end accounting and prepare gross margin and KPI reports. Manage inventory records and counts, document cost accounting procedures and controls, and calculate sales commissions and reconcile rebate schedules.
Requirements
Previous accounting experience is required, while manufacturing or cost accounting exposure is an asset. The role calls for strong analytical and communication skills, computer literacy with accounting systems, and intermediate proficiency in Microsoft Excel and other Microsoft Office applications.
Skills
- Cost Accounting
- Standard Costing
- Variance Analysis
- Gross Margin Reporting
- Month-End Accounting
- Journal Entries
- Account Reconciliation
- Inventory Control
- Physical Inventory Counts
- KPI Reporting
- Commission Calculations
- Rebate Management
- Microsoft Excel
- Microsoft Office
- Analytical Skills
- Communication Skills
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Manufacturing
- Data & Analytics
- Security & Safety
Keywords
- Cost Accounting
- Standard Costing
- Material Variances
- Labor Variances
- Purchase Price Variance
- Month-End Close
- Journal Entries
- Reconciliations
- Gross Margin
- Inventory Control
- Perpetual Inventory
- Physical Inventory Counts
- Inventory Adjustments
- Key Performance Indicators
- Cost Control
- Operational Efficiency
- Internal Controls
- Audit Documentation
- Sales Commissions
- Vendor Rebates
- Customer Rebates
- Accruals
- Microsoft Excel
- Microsoft Office
- Accounting Systems
- Occupational Health and Safety
- WHMIS