Cost and Financial Analyst
$70k - $85k per yearFull-time
SinaLite
Job Responsibility:
Welcome to the SinaLite family, where our dedication to quality, innovation, and customer satisfaction drives every aspect of our business. Since our humble beginnings in 1999, we've grown into a thriving community of 150+ employees, empowered by state-of-the-art printing technology, a commitment to excellence, and recognizing and investing in the potential of people. As we continue to expand our reach and impact, we're excited to offer not just jobs, but pathways for growth and advancement within our company. Join us in shaping the future of print, where your passion and talent will make a meaningful difference for over 20,000 customers across North America. Unbox your potential at SinaLite! Job Summary: The Cost and Financial Analyst at SinaLite is responsible for the overseeing of the day-to-day operations of the Accounting department to ensure that activities are accomplished in an effective and efficient manner. The holder of this position must take the steps necessary to maintain lines of communication between members of the team. This position is vital to the success of the company and must ensure that the owner's strategies and goals are met and that the overall customer satisfaction provided by the shop is conducive to maintaining profitability. Salary Range: $70,000.00 - $85,000.00 Location: 335 Steelcase Road East, Markham Ontario, L3R 1G3 on a hybrid schedule of 2 days in the office per week. Key Responsibilities: - Assist in the completion & implementation of costing model, verify the accuracy of cost allocation.
- Analyze cost variances of materials, labor, machines and overhead between GL and the cost model, identify areas for cost reduction and improve performance.
- Maintain and review the general ledger inventory accounts and ensure accuracy of inventory costs.
- Set up procedures for valuation of inventories and provide insights into inventory management and turnover.
- Update costing components in the costing model according to the changes if any.
- Review the cost driver populations periodically and update the baselines for each cost pool.
- Optimize the cost model to achieve effectiveness and strengthen cost control.
- Utilize DOMO or Power BI to create reports to facilitate cost analysis by product family.
- Recommend changes in policies and procedures to enhance the effectiveness of the cost accounting function.
- Work closely with production teams to implement appropriate controls to reduction production and operation costs.
- Analyze cost structures to determine the impact on pricing strategies based on the cost model.
- Assist in the annual planning for variable costs, fixed costs & the department expense budgets.
- Assist in changing and implementing effective pricing strategies for different product lines and assessing the financial impact on revenue and profitability.
- Perform daily and month end accounting duties - including posting journal entries, reconciling accounts, and preparing various financial analysis.
- Prepare audit working papers and contribute to streamlining the YE audit process.
- Assist in implementing internal controls to safeguard company assets, prevent fraud, and ensure compliance with relevant regulations and accounting standards.
- Any other tasks assigned by manager or senior management.
Key Experiences and Qualifications: - Major in Accounting or Finance, an accounting designation or working towards one.
- 3-5 years of experience in a Cost and Financial Analyst role.
- Considerable experience in data management including assessing data quality, classifying, and organizing data, and providing insights and recommendations from data analysis.
- Knowledge of BI software, such as Power BI, is an asset.
- Ability to work in a fully computerized environment including advanced Excel skills, proficient in other MS office applications.
- Knowledge of accounting principles and practices.
- Experience of pricing and cost analysis is an asset.
- Experience working in a manufacturing ERP environment is preferred.
- Able to manage multiple projects and priorities.
- Excellent communication skills, people skills and problem-solving skills
Perks That Go Beyond the Ordinary: - Health & Wellness: Comprehensive health insurance, dental coverage, life insurance, and vision care to keep you and your loved ones feeling their best.
- Adventure Awaits: Travel insurance for those who love to explore, ensuring peace of mind wherever your journeys take you.
- Holistic Support: Paramedical coverage to nurture your physical and mental well-being, because your health matters to us.
- Thriving Together: Join our wellness program designed to help you flourish both personally and professionally.
- Comfort Zone: Enjoy the freedom of a casual dress code that lets you express your personal style while you work.
- Convenience Matters: On-site parking for hassle-free commuting, because every minute saved adds up.
- Sky's the Limit: Room for growth and advancement within our company, where your ambition is encouraged and celebrated.
- Never Stop Learning: Access company-sponsored learning opportunities to fuel your curiosity and expand your skill set.
- Celebrating You: Join us for employee appreciation events where your hard work is recognized and rewarded.
- And So Much More: From team-building activities and more, we're committed to making your experience with us exceptional in every way.
SinaLite values inclusion and access for all applicants and employees. Should you require accommodation to participate in the application and interview process, please let us know. Alternative formats of this position are available upon request. At SinaLite, we believe that happy and fulfilled employees are the key to our success. Come be a part of a team where your well-being and professional growth are our top priorities.
Vacancy posted 8 hours ago
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