Cost Analyst
Location: Wingham, ON
Work Arrangement: On-site
Compensation & Benefits
· Salary: $75,000–$90,000 (depending on experience)
· Benefits: Comprehensive health and dental coverage, life and LTD insurance.
· Retirement: 2% company pension match and optional RRSP program
· Hours: 8:00 a.m. – 5:00 p.m., Monday to Friday
· Bonus: Discretionary
About the Company
A well-established and growing manufacturing organization specializing in high-quality, customized production solutions. The company is known for its collaborative culture, long-standing industry reputation, and focus on continuous improvement and innovation across all departments.
Position Summary
Reporting directly to the Senior Financial Analyst and Costing Lead, the Cost Analyst plays a key role in providing accurate, insightful financial analysis to support operational decision-making.
Key Responsibilities
· Perform detailed cost variance analysis by comparing actual versus expected project costs, identifying reasons for variances, and recommending corrective actions.
· Develop, maintain, and refine Excel-based cost models to support accurate forecasting, budgeting, and pricing decisions.
· Partner closely with manufacturing, product development, and estimating teams to understand production processes, cost drivers, and long-term cost implications of product changes.
· Prepare and present monthly operational reports, including variance commentary, budget updates, and margin analysis.
· Analyze and recommend adjustments to standard costs, labour and overhead rates, and financial models to ensure accuracy and alignment with actual performance.
· Participate in product and project review meetings, providing cost insights and financial impact analysis.
· Assist in forecasting, budgeting, and the preparation of quarterly updates and capital plans.
· Collaborate cross-functionally to improve transparency and understanding of cost structures across departments.
Qualifications & Experience
· Education: Degree or diploma in Accounting, Finance, or a related field.
· Experience: Minimum 3 years of relevant experience in manufacturing cost analysis, cost accounting, or financial analysis.
· Strong understanding of standard costing, job costing, and variance analysis.
· Proficiency in Excel and data analysis.
· Excellent communication skills with the ability to collaborate effectively.
· Proven analytical and problem-solving skills, with a hands-on approach and strong attention to detail.
Why Join
This is an excellent opportunity for a finance professional looking to deepen their costing expertise within a dynamic manufacturing environment. You’ll have direct visibility into production operations, the chance to impact decision-making, and future growth potential.
Disclosure
This posting represents an active and genuine vacancy with one of 3 Step Recruitment’s clients and is not for speculative or pipeline recruitment.
3 Step Recruitment and/or our Clients may use, from time to time, AI-assisted tools to support the screening and evaluation of applications; however, these tools are not intended to replace human judgement or decision-making in the hiring process.
Job Type: Full-time
Pay: $75,000.00-$90,000.00 per year
Benefits:
- Dental care
- Extended health care
- Life insurance
- RRSP match
Application question(s):
- Do you have cost accounting or financial analysis experience in a manufacturing or related environment?
- Are you able to work on-site in Wingham, ON?
Work Location: In person
