Job Description

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The opportunity
We are seeking a seasoned Manager with specialized expertise in Cost Accounting and Inventory Management to join our Financial Accounting Advisory Services Finance Optimization (FAAS-FO) team in Toronto. This role is designed for a professional who excels in the evaluation and optimization of product / service costing and Inventory processes as a business advisor, ideally complemented by a strong background in accounting and financial reporting. FAAS operates principally through 4 main pillars: Enhanced Corporate Reporting & Accounting, Finance Optimization, Treasury Management and Transactions Advisory. We understand the evolving role of the CFO and the Finance function, and work with our clients to automate and streamline efficiency, control, and compliance functions, while simultaneously improving the value Finance provides to the organization. Together with our substantial investments in technology, knowledge, and learning resources available to our advisory professionals, you will be part of the team that delivers fit for purpose financial advisory services to our clients and their stakeholders. The successful candidate will be a pivotal contributor to the development of our growing practice, providing exceptional service to our clients and leading our team towards achieving excellence in finance optimization.
Your key responsibilities
As a Manager focused on Cost Accounting and Inventory Management within our Finance Optimization competency, you will be an active contributor to teams focused on the growth and development of our Finance Optimization service pillar including business development, client relationship management, opportunity management, and client-facing engagement delivery. You will help finance leaders meet challenges that their teams are currently facing. You will offer them innovative advice for optimizing financial and operational / cost accounting and reporting processes leveraging process optimization and technology enablement. You will serve as a Cost Accounting and Inventory Management specialist on our finance optimization projects, advising clients on leading practices, systems configuration, and optimization strategies, ensuring alignment with client business objectives and operational requirements. This will typically involve working with clients to assess the current state of existing systems and processes, identify pain points, and define requirements to achieve the client's target operating model. You will manage the full lifecycle of our Costing/Inventory engagements, from initial scoping and requirements gathering through to implementation, training, and preparation of deliverables tailored to client needs. You will develop and maintain strong relationships with clients, effectively communicating and proposing innovating business process improvements. As part of your practice development responsibilities, you will provide thought leadership and contribute to the growth of the FO practice through business development and knowledge sharing, mentoring and developing team members, and fostering a culture of continuous learning and teamwork.
Skills and attributes for success

• Ability to evaluate and optimize client's cost accounting and inventory management frameworks tailored to their structure and reporting requirements. Ability to design and implement programs to improve productivity, increase efficiencies, and reduce costs, execution of cost reviews, and identification of opportunities for savings across operations, procurement, and logistics.
• Identification and assessment of business and operational needs, development of solutions tailored to client needs, assessment of Finance function processes and technology environments, performance of operations diagnostics, optimization of financial processes and controls, provision of tailored training, and other process improvements for the key financial processes of:

• Cost Accounting, including the development of standard costs, tracking and reporting of costs, and understanding the components of variance analysis between actual and budgeted/standard costs.
• Inventory Management, including inventory tracking, costing, controls, and reporting to ensure accurate and efficient inventory control.
• Record to Report (R2R) under General Accounting covering general ledger, journal entries processing, and cost allocation.
• Budgeting and Forecasting, with an emphasis on the development of operational / plant budgets and forecasts, including variance analysis.
• Based on engagement requirements knowledge of associated financial processes and controls may also be required including:

• Order to Cash (O2C) covering from order management through to Accounts Receivable and Collections.
• Procure to Pay (P2P) from procurement through Accounts Payable and Payment management
• Acquire to Retire (A2R) process from purchase to asset life cycle management.
• Optimization of the monthly financial statement close process (FSCP), including consolidation of multiple subsidiaries and foreign currency revaluation under Global Business Management.
• Report building and automation to streamline internal and external reporting and reduce the need for manual templates where possible.
• Develop and maintain productive relationships with client management and maintain cooperative relationships and foster mutual support with other EY service line teams

What we look for

• Bachelor's degree in Accounting, Business, Finance, Information Systems, or a related field.
• Strong understanding of accounting principles; CPA or equivalent designation is required.
• 5+ years of hands-on experience in a cost accounting / controllership in a manufacturing, processing, or related environment.
• Deep knowledge of cost accounting / cost allocation principles and approaches, such as Activity-based Costing. Strong understanding of GAAP and cost accounting principles
• Familiarity with costing / budgeting / planning solutions would be an asset
• Proficiency in project management, with an ability to manage multiple engagements simultaneously. PMP Designation an asset but not required
• Experience in process optimization or business analysis, including business process documentation
• Experience with inventory management processes, including inventory tracking, costing, and reporting.
• Excellent communication skills including verbal, written, and presentation Strong spoken and written English skills; French language skills is an asset
• Leading and driving high-quality work products within expected timeframes and on budget
• Highly adaptable and open to change
• A high level of motivation and a self-starting attitude
• Excellent project management and leadership skills
• Ability to manage multiple engagements and meet deadlines
• A willingness to travel on short notice to meet client needs. Ability to travel 10-30%.

Ideally, you'll also

• The ability to work independently in a fast-paced, dynamic team-oriented environment
• The ability to develop relationships and rapidly build credibility and trust
• Demonstrated record of driving revenue within existing accounts and in developing new prospects within client organizations

What we offer
The EY benefits package is designed to support your physical, emotional, financial, and social wellbeing. Our extensive benefits include comprehensive medical, dental, and prescription drug coverage, as well as mental health benefits, a robust Employee Assistance Program and group savings plans to promote your overall wellbeing. We offer generous time off, including personal days, vacation days, and additional firm-wide holidays, along with the option to purchase extra vacation days. Employees can take advantage of EY's exclusive learning programs tailored just for them. We also provide internal opportunities for career development and advancement, enabling you to grow within the firm. Get involved in meaningful volunteering through EY Ripples and make a positive impact in the community.
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Are you ready to shape your future with confidence? Apply today.
To help create the best experience during the recruitment process, please describe any accommodations you may need.
The salary range for this job in British Columbia is $70,000 to $136,000. Individual salaries within this range are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and work location city.
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