Job Description

Financial Debt Recovery Ltd. is experiencing growth in Canada and the US, and we are now seeking a Cost Accountant with hands on experience to support our accounting team.

We are seeking a detail-oriented and analytical professional to join our team as a Cost Accountant. As a Cost Accountant, you will be responsible for analyzing costs, preparing budget reports, implementing cost control measures, and providing financial insights to support business decisions.
In this role, you will collaborate with cross-functional teams to gather and analyze data, identify cost drivers, and develop strategies to optimize costs and improve profitability. You will also be responsible for monitoring inventory, conducting variance analysis, and providing recommendations for process improvements.
Ultimately, you should build updated databases and manage cost information to maximize profitability for our company.

Job Type:

Full Time, Permanent, On site (No remote work)

Job Location:

40 West Wilmot Street, Richmond Hill, Ontario L4B 1H8

Hours: 40

Competitive salary and health benefits.

Required Hours at our Richmond Hill Office:

Monday to Friday 8:30 am - 5pm

Responsibilities

Collect cost information and maintain an expenses database
Construct data accumulation systems
Determine fixed costs (e.g. salaries, rent and insurance)
Plan and record variable costs (e.g. purchases of raw material and operations costs)
Review standard and actual costs for inaccuracies
Prepare budgeting reports (for the company and for each department)
Analyze and report profit margins
Prepare (monthly, quarterly and annual) cost forecasts
Assisting in month-end and year-end closing
Identify and recommend cost-effective solutions
Analyze costs and prepare budget reports to support business decision-making
Implement cost control measures and monitor their effectiveness
Conduct regular audits to ensure accurate cost allocation and adherence to accounting standards
Collaborate with cross-functional teams to gather and analyze data for cost analysis
Identify cost drivers and develop strategies to optimize costs and improve profitability
Monitor inventory levels and reconcile discrepancies
Conduct variance analysis and provide recommendations for cost savings and process improvements

Requirements and Skills

Experience with accounting software, like QuickBooks, Sage 300 Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables), MS Office Suite Proven work experience as a Cost Accountant, Cost Analyst, Accountant, or similar role Minimum of 3 years of experience in cost accounting or a similar role Strong analytical and problem-solving skills Detail-oriented with excellent numerical accuracy Knowledge of accounting principles and standards Ability to work independently and meet deadlines Thorough knowledge of accounting procedures Strong time management skills Integrity, with an ability to handle confidential information Bachelor's degree in Accounting, Finance, or a related field Excellent analytical skills with an attention to detail In-depth understanding of Generally Accepted Accounting Principles (GAAP) and ASPE

Benefits

Competitive salary and benefits package (Health, Life, Dental Insurance) Collaborative and supportive work environment Ongoing training and career advancement opportunities Staff BBQ and company events Free on-site parking Opportunities for career growth and advancement
NOTE: The Financial Debt Recovery is an equal opportunity employer committed to diversity and inclusion within the workplace. Accordingly, Financial Debt Recovery will provide accommodations throughout the recruitment, selection and/or assessment process or during employment to applicants with disabilities. If you require accommodation at any time throughout your recruitment, selection/assessment or employment thereafter, you should contact the HR department and advise. Subsequently, Financial Debt Recovery shall make every reasonable effort to provide appropriate assistance.]

Job Type: Full-time

Benefits:

Company events Dental care Extended health care Life insurance On-site parking
Education:

Bachelor's Degree (preferred)
Experience:

Cost Accounting: 1 year (required)
Language:

English (preferred)
Licence/Certification:

Chartered Professional Accountant (preferred)
Work Location: In person