Sr. Cost Accountant - Vancouver, BC

• Monthly Close Activities and Essential Functions:

• Establish and set standard costs for new products
• Responsible for year-end cost roll process (calculate revaluation impact, roll standard costs)
• Ensure inventory is accurately valued
• Track inventory levels, ensuring proper costing methods are applied to raw materials, work-in-progress, and finished goods
• Review purchase price variance on raw materials (PPV)
• Review production order variances (POV)
• Provide accurate and timely reporting of variances between actual and budgeted costs with explanations
• Prepare capitalization of manufacturing variances and freight by plants analysis
• Prepare consolidated inventory reporting
• Reconcile inventory records and assist with periodic physical inventory counts
• Ensure accurate and consistent application of cost accounting methods
• Track, monitor and analyze cost of goods sold (COGS), including raw materials, labor, and overhead costs
• Prepare detailed cost reports to support management in making strategic decisions

• Budgeting & Forecasting:

• Assist in preparing annual budgets and forecasts by providing cost estimates and projections
• Perform regular reviews of actual costs versus budgeted costs and recommend corrective actions as needed

• Process Improvement & Efficiency:

• Collaborate with production and operations teams to identify opportunities for cost reduction and process improvements
• Recommend changes to improve cost efficiency, productivity, and profitability

• Internal Controls & Compliance:

• Ensure cost accounting practices comply with company policies, industry standards, and financial regulations
• Support internal and external audits by providing required cost-related data and documentation

• Cross-Functional Collaboration:

• Work closely with the sales, purchasing, and production departments to ensure accurate costing and reporting
• Provide support in pricing decisions, product profitability analysis, and inventory management

• Education & Experience:

• Bachelor's degree in Accounting or Finance
• 5-7 years of experience in cost accounting or a similar role (preferably in a manufacturing or production environment)
• CPA or CMA designation preferred

• Skills & Competencies:

• Strong understanding of cost accounting principles and methodologies
• Proficiency in accounting software (e.g., SAP, Infor Syteline)
• Intermediate to advanced Microsoft Excel
• Analytical mindset with strong attention to detail and accuracy
• Excellent communication skills to present cost information to both financial and non-financial stakeholders
• Ability to work independently and as part of a team in a fast-paced environment

• Competitive salary and benefits package
• Health, dental, and vision insurance
• Retirement savings plan
• Paid time off and holidays

Hikinex