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Accountant – Cost

Accountant – Cost

CompanyMagna
LocationLondon, ON, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelEntry Level/New Grad, Junior

Requirements

  • CPA designation or actively pursuing a CPA designation.
  • Business Administration or Commerce degree or equivalent.
  • Experience using Microsoft Office.
  • Experience working with an ERP system, standard cost environment, cost analysis, and inventory accounting would be an asset.

Responsibilities

  • Track costs incurred and costs remaining to be spent for tooling and capital projects.
  • Responsible for management of tooling inventory and costing.
  • Responsible for various capital and tooling account reconciliations as assigned.
  • Prepare margin reports by program/part number.
  • Maintain accurate material standard costs in our system. Facilitate annual standard cost roll.
  • Attend and participate actively in all APQP meetings.
  • Work with all departments on capital request packages. Enter and track capex in automated system (MCS).
  • Act as a backup for all inventory transactions and reconciliations.
  • Recommend ways and means of providing better timely and accurate management information from the cost system.
  • Become proficient with CMS ERP system.
  • Work with Production and Engineering to establish annual run standards and crew sizes used for standard costing purposes.
  • Assist in the preparation of the annual budget (capital, tooling, scrap revenue, contribution margin)
  • Assist as backup to general accountant.
  • Perform audits on the bill of materials.
  • Approach each day and each challenge with a positive attitude.
  • Conduct themselves in a professional manner when receiving or giving feedback/information, whether it is positive or constructive.
  • Support and models the Presstran operational procedures/policies, Employee Handbook and ‘How We Work Together’, Magna Employee’s Charter, Magna Corporate Constitution.
  • Follow and comply with all operational procedures/policies as stated in the Employee Handbook, Quality and Environmental programs (e.g. TS16949, IATF16949, ISO14001).
  • Adhere to all Health and Safety programs in accordance with the OHSA. Follow and ensure the Company’s procedures regarding safety rules and regulations are followed throughout their assigned area.
  • Keeping the work area clean and tidy in compliance with departmental 5S standards.
  • Other duties as required.

Preferred Qualifications

  • Experience working with an ERP system, standard cost environment, cost analysis, and inventory accounting would be an asset.