Manufacturing Cost Accountant

POSITION OVERVIEW

The primary role of the Manufacturing Cost Accountant is to collect, analyze and report on cost accounting data. This includes preparing standard cost reports, monitoring inventory levels, cost comparisons, product costing analysis, tracking variances and making journal entries. You will collaborate with other departments to ensure accurate budgeting & forecasting processes, along with identifying cost-efficient solutions to inefficiency issues and/or processes throughout the enterprise.

The Cost Accountant will work closely with across the organization, including all VNI Entities (MDI & WDP) to adjust Bills of Materials (BOM's).

VALUES: Integrity, Care & Expertise (ICE)

PURPOSE: Improving Lives - By unlocking the Nutritional Value of Milk

OBJECTIVES OF ROLE

• Develop strategies to reduce costs and study product pricing to ensure the best possible return on investment for the company.
• Prepare budgeting reports by collecting information and data points from various departments within the organization.
• Investigate discrepancies in financial records and perform month-end close activities including journal entries & reconciliations.

HIGH-LEVEL TASKS

• Examine costs of production to determine the most efficient methods of production
• Ensure accurate classification of expenses under Accounting Practices for Private Enterprise (ASPE)
• Research material costs to ensure the accuracy of the information in the company's accounting system.
• Analyze manufacturing costs and prepare periodic reports comparing standard costs to actual production costs and to identify variance recommendation for remedy.
• Oversee the physical inventory count process to ensure the accuracy of inventory records.
• Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses.

COMPETENCIES (Knowledge, Skills, Ability)

• Strong verbal and written communication skills with the proven ability to communicate
• Exhibits professional maturity, confidence and competence.
• Demonstrates leadership ability and interpersonal skills that engage employees, create a team environment, drive employee productivity and competence, and achieve VNI business goals.
• Excellent problem-solving skills, organization and prioritization abilities to meet deadlines.
• Ensures accountability, by taking initiative to ensure that actions taken are in the best interest of VNI
• Results driven with a disposition towards continuous improvement
• Protect organizational values by keeping information confidential
• Experience with ERP, preferably Microsoft D365
• Proficiency with MS Office applications. (excellent with excel) - Skills with verbal and data presentation of financial information

MINIMUM QUALIFICATIONS

• Relevant post-secondary education. I.E. Bachelor's degree in accounting, a designated accountant.
• 4-6 years cost & project accounting experience.
• Project analysis, reporting and invoicing.
• Ability to manipulate, analyze, and perform reconciliation activities with large volumes of data utilizing MS Excel.

EMPLOYER SUMMARY:

Vitalus Nutrition's purpose is, "Improving lives by unlocking the nutritional value of milk" and one way we do that is by taking high-quality Canadian milk, isolating the valuable components, and transforming them into specialized ingredients for the nutritional and industrial markets. We are a trusted international supplier of specialty ingredients including Milk Protein Concentrates, Milk Protein Isolates, and VITAGOS for large-scale processors and top tier brands.

Our team is proud of what we do and the contributions we make in both our local and global communities. Our culture is deeply rooted in our values of Integrity, Care, and Expertise.

We offer a comprehensive Total Rewards package that includes:

• Competitive Salary
• Health, Dental, Vision, AD&D, LTD & Life Insurance Benefits
• Employee Assistance Program
• Paid Time Off
• Learning opportunities
• Bonus Program
• RRSP/DPSP Program
• Service Recognition
• Social & Wellness Events