Job Description:
Title: Cost Accountant
Reports to: Controller
Product Costing and Cost Accounting:
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Develop and maintain accurate cost accounting models for raw materials, labor, overhead, and other production costs.
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Cost out new and existing products, factoring ingredient costs, processing costs, and packaging costs.
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Track and analyze variances between budgeted and actual costs, identifying areas for improvement.
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Prepare cost reports and presentations for management, providing insights into operational financial performance.
Yield Management:
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Investigate and resolve yield issues, implementing optimization strategies to minimize waste and improve production efficiency.
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Determine and maintain accurate product yields for costing purposes.
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Track compliance with provincial yield regulations and reporting requirements.
Menu & Recipe Management
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Ensure accuracy and consistency of menu and recipe data across all systems, implementing best practices.
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Build and maintain a comprehensive menu library in collaboration with Operations and Marketing, including detailed recipes, precise ingredient lists, and integrated costing information.
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Oversee the development of automated workflows for adding new items, retiring obsolete ones, and updating existing entries, streamlining the process, and ensuring data integrity.
Audit, Compliance & Financial Management:
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Assist the financial reporting team as necessary.
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Manage compliance with provincial and federal regulations related to food production, safety, and labelling, etc.
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Assist the financial reporting accounting team as needed with tasks such as data entry, report preparation, and variance analysis.
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Coordinate inventory counts and audits.
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Perform other duties as assigned.
Requirements
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Bachelor’s degree in accounting/ finance.
- 5+ years proven experience in Cost Accounting ideally in retail, food production industries.
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CPA Designation or nearing completion of designation.
- Experience utilizing Netsuite & ECRS Catapult will be considered a strong asset.
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Strong Financial Acumen & analytical agility
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Detail oriented, organized & ability to meet tight deadlines
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Advanced knowledge in Excel & MS Office.
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Self motivated & results driven; prefers to work in a fast-paced dynamic environment
Working conditions
Working in an office environment 5 days a week. May require some weekends & evenings from time to time to support business needs.
