Cost Accountant
- Location
- Toronto, ON
- Work type
- Full Time · Hybrid
- Posted
- 2026-08-26
Job description
The opportunity
Cyclic Materials is building a circular supply chain for rare earth elements and other critical materials. We are seeking a hands-on Cost Accountant to strengthen cost visibility, inventory integrity, and financial decision-making across our Canadian and US manufacturing operations.
This role is ideal for a manufacturing finance professional who enjoys working close to the plant floor. You will own core cost-accounting processes, partner with Operations and Supply Chain, and turn production data into practical insights that improve margins, working capital, and operational performance.
What you will do
Maintain and continuously improve the standard cost system for raw materials, work in process, finished goods, labour, burden, and manufacturing overhead.
Prepare and explain monthly production variances, including purchase price, material usage, labour efficiency, yield, scrap, volume, and overhead absorption.
Lead cost-accounting activities for month-end close, including inventory valuation, accruals, journal entries, account reconciliations, and cost-of-goods-sold analysis.
Perform inventory reconciliations and cycle-count analysis; investigate discrepancies and support corrective actions that strengthen inventory accuracy and controls.
Develop product, process, and customer profitability analysis to support pricing, make-versus-buy decisions, sourcing choices, and capacity planning.
Support annual budgeting, forecasting, and periodic reforecasting for manufacturing costs, inventory, capital projects, and plant performance.
Support capital-expenditure tracking, project cost reviews, fixed-asset accounting, and post-investment analysis in collaboration with project owners.
Contribute to external audits, internal controls, accounting-policy compliance, and the documentation of scalable processes as the business grows.
What you bring
Bachelor’s degree in accounting, finance, business, or a related discipline; CMA strongly preferred.
Four to five years of progressive accounting experience in an industrial manufacturing environment, with meaningful responsibility for cost accounting and inventory.
Strong knowledge of standard costing, manufacturing variances, inventory valuation, cost of goods sold, and month-end close.
Hands-on experience using Microsoft Dynamics – Business Central ERP is a definite advantage.
Experience working with ERP and manufacturing systems; comfort extracting, reconciling, and analysing high-volume operational and financial data.
Advanced Excel skills, including pivot tables, lookup functions, data modelling, and clear management reporting.
Sound understanding of Canadian accounting requirements and internal-control principles; experience with USGAAP and IFRS is an asset.
Strong analytical judgment and the ability to move from a variance or data issue to root cause, business impact, and practical action.
Clear communication skills and the confidence to work constructively with production, engineering, procurement, and senior finance stakeholders.
Demonstrated attention to detail, ownership, and the ability to manage deadlines in a dynamic, scaling organization.
Professional designation
Highly preferred: a US or Canadian CMA designation, or active and demonstrable progress toward completing the Cost Accounting program. Equivalent combinations of relevant education and directly applicable manufacturing cost-accounting experience may be considered.
What will help you succeed
A practical, floor-to-finance mindset: you are comfortable validating assumptions where work happens, not only in spreadsheets.
Curiosity about manufacturing processes and the discipline to connect operational drivers with financial outcomes.
A continuous-improvement orientation and the ability to design controls and reporting that scale with a growing operation.
Comfort operating with evolving systems, priorities, and processes while maintaining accuracy and accountability.
A collaborative, service-minded approach and genuine interest in Cyclic Materials’ circular-economy mission.
Measures of success
Accurate, timely standard costs and inventory valuation.
Reliable month-end reporting with clear variance explanations and actionable follow-through.
Improved inventory accuracy, controls, and visibility into cost drivers.
Trusted partnership with plant and functional leaders.
Scalable processes and decision-support tools that keep pace with operational growth.
Pay Range
$65,000 - $85,000 CAD