Cost Accountant
Onni GroupJob Description: PERKS & BENEFITS Competitive pay and a comprehensive benefits package. Benefits include company-paid extended health care, dental care, vision care, life insurance, and critical illness coverage. Annual education allowance. Generous referral program. Fun and collaborative company culture with regular team-building events. Local discounts at restaurants, clothing stores, personal training and more. Complimentary access to a fully equipped gym. Friends & Family rates across hospitality brands. KEY RESPONSIBILITIES Standard Costing, BOMs & Routings Build and maintain bills of material (BOMs), production routings, and standard costs within the ERP system. Establish and maintain landed costs and consolidated cost structures for raw materials, components, and finished goods. Partner with Operations and production teams to ensure BOMs and routings reflect actual manufacturing processes. Maintain BOM quantities, units of measure, scrap and yield assumptions, effective dates, and version controls so product costs remain accurate. Understand how work centres, production steps, setup time, run time, labour hours, machine hours, and production yields flow through routings and standard cost calculations. Support cost rollups and controlled updates to material, labour, machine, subcontract, and overhead standards. Variance & Production Cost Analysis Analyze purchase price variances, material usage variances, labour variances, and overhead absorption variances. Identify root causes of cost variances and recommend corrective actions to Operations and Supply Chain. Monitor overhead absorption rates and recommend updates as production volumes and cost structures change. Develop and maintain manufacturing overhead pools, allocation drivers, and fixed and variable overhead rates using practical production measures such as labour hours, machine hours, batches, or output volume. Analyze under- and over-absorption, distinguish volume effects from spending or efficiency issues, and recommend rate or process changes when required. Evaluate batch yields, waste, rework, downtime, and other operating factors that affect actual production cost. Inventory & Cost of Goods Sold Perform inventory valuation, reconciliation, and cost analysis across multiple production locations. Understand the complete cost flow from raw materials and work in process through finished goods inventory and cost of goods sold. Identify and monitor slow-moving, excess, and obsolete inventory. Lead month-end and quarter-end COGS close activities, including accruals, cost adjustments, journal entries, and reconciliations. ERP Systems & Multi-Entity Support Participate in ERP configuration and setup meetings covering costing, production, and inventory modules across business units. Support cost-item setup, data validation, and testing as new entities and product lines are brought onto the shared ERP platform. Act as a costing subject-matter resource during system implementation and process standardization projects. Reporting & Business Partnering Develop unit cost analysis, gross margin reporting, and cost-performance dashboards for management. Partner with the Controller and Operations/Product teams to validate costing inputs used in pricing and quoting decisions. Support internal and external audit requests related to inventory, cost of goods sold, and related accounts. Team & Process Development Act as the group's initial dedicated costing resource across business units as the finance function scales. Document costing procedures and systems workflows to support onboarding of future finance hires. Help train and onboard a second cost accountant as headcount grows, and help define how costing duties are divided across business units. REQUIRED EXPERIENCE & TECHNICAL KNOWLEDGE Manufacturing Costing Knowledge 2+ years of relevant cost accounting experience, including direct experience in a manufacturing or process / discrete manufacturing environment. Hands-on knowledge…