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Senior Cost Accountant

Job in Vaughan, Ontario, Canada
Listing for: ASSA ABLOY Group
Full Time position
Listed on 2026-07-12
Job specializations:
  • Accounting
    Cost Accountant, Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 70000 - 90000 CAD Yearly CAD 70000.00 90000.00 YEAR
Job Description & How to Apply Below

ASSA ABLOY Entrance Systems, Pedestrian Door Solutions

We specialize in automated pedestrian, industrial, and high-performance door solutions, operating in over 100 countries.

Meaningful Impact

We deliver sustainable, customized door solutions to customers in healthcare, transportation, retail, and more. Whether you solve complex technical challenges or collaborate with contractors, every task builds safer, more efficient spaces.

The Role

The Senior Cost Accountant is responsible for managing and analyzing manufacturing and inventory costs across multiple product lines, ensuring the accuracy of standard costs, BOMs, labor routings, and overhead rates. This role prepares monthly cost rollups, analyzes material, labor, and overhead absorption, and explains manufacturing variances and gross margin performance by product, division, and entity to senior leadership. It also oversees inventory accounting and controls, including reconciliations, cycle counts, and valuation of raw materials, WIP, and finished goods across manufacturing and field service locations.

The Senior Cost Accountant plays a key role in M&A integration by supporting cost alignment, system integration, margin analysis, and standardized reporting for newly acquired operations, and assists with due diligence. Partnering cross‑functionally with operations, procurement, sales, and service teams, this role supports month‑end close, operational KPIs, pricing, and continuous improvement initiatives to enhance cost transparency and profitability.

Key Responsibilities Manufacturing & Cost Accounting
  • Maintain and update standard costs, bills of materials (BOMs), labor routings, and overhead rates across multiple product lines.
  • Prepare monthly cost roll‑ups and evaluate material, labor, and overhead absorption.
  • Analyze manufacturing variances (PPV, labor efficiency, scrap, usage) and prepare variance explanations for senior leadership.
  • Review preliminary gross margin performance by product, division, and entity to ensure results are accurately stated.
  • Partner with operations to monitor key cost drivers and support continuous improvement initiatives.
Inventory Accounting & Control
  • Conduct monthly and quarterly inventory reconciliations, ensuring accurate valuation of raw materials, WIP, and finished goods.
  • Perform cycle count and physical inventory analysis; investigate variances and recommend corrective actions.
  • Ensure inventory costing is correctly recorded across manufacturing and field service locations.
M&A Integration and Operational Support
  • Support integration of acquired automatic door companies, including:
    • Aligning standard costs and BOM structures
    • Evaluating margins, pricing, and inventory practices
    • Integrating acquired data into corporate systems
    • Standardizing reporting, controls, and accounting workflows
  • Assist with due diligence activities requiring detailed cost and inventory analysis.
  • Participate in system setup, testing, and process design for newly onboarded operations.
  • Complete month‑end close activities related to inventory, COGS, variances, accruals, and manufacturing P&L review.
  • Prepare and analyze cost accounting reports, operational KPIs, and service margin data.
  • Research and resolve cost or inventory discrepancies and communicate findings to divisional controllers.
Cross‑Functional Collaboration
  • Work closely with manufacturing, procurement, sales, and service teams to address ad hoc cost and margin requests.
  • Assist in updating cost accounting policies, procedures, and documentation.
  • Support pricing, quoting, and product profitability analysis for operations and commercial teams.
What You Will Need
  • Bachelor’s Degree in Accounting required; CPA/CMA preferred.
  • 3–5 years of cost accounting experience in a manufacturing environment.
  • Strong knowledge of standard costing, BOM/routing structures, and inventory accounting.
  • Experience with large ERP systems such as Oracle, JDE, SAP, AX or similar platforms.
  • Advanced Excel and strong data‑analysis skills.
  • Ability to thrive in a changing environment where systems and processes are evolving—including integration of newly acquired companies.
  • A hands‑on, “roll up your sleeves” mindset with the ability to shift…
Position Requirements
10+ Years work experience
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