Cost Accountant

Location: Ancaster, ON (Onsite)
Department: Finance
Salary Range: $100k - 115k annually
Vacancy Type: Existing Position
 

As our next Cost Accountant, you will play a critical role in establishing, maintaining, and continuously improving standard costing and inventory valuation across Powder Metal Canada plants. You will serve as a key financial partner to Operations and Commercial teams, ensuring cost transparency, margin protection, and data integrity to support quoting, decision‑making, and cost‑reduction initiatives.

• Innovative Environment: Work on cutting-edge technologies and innovative projects that push the boundaries of what’s possible.
• Professional Growth: Opportunities for continuous learning and professional development through training programs and workshops.
• Collaborative Culture: A supportive and collaborative work environment where teamwork and knowledge sharing are encouraged.
• Competitive Compensation: Attractive salary packages and comprehensive benefits that reward your hard work and dedication.

• Leading the setup, validation, and ongoing maintenance of standard costs in CMS
• Validating routing structures, machine rates, labor rates, and overhead absorption logic
• Reviewing scrap factors, OEE assumptions, and tooling amortization inputs
• Performing annual standard cost roll‑ups and periodic updates
• Ensuring consistent costing methodologies across plants

• Supporting physical inventory counts and reconciliation activities
• Analyzing and explaining variances between standard and actual costs
• Investigating and resolving inventory discrepancies
• Reducing risk of write‑offs and valuation inaccuracies
• Supporting audits related to costing and inventory controls

• Developing and maintaining quoting tools aligned with standard costs
• Building “should‑be” cost models using operational KPIs
• Supporting pricing and margin validation discussions
• Improving speed, accuracy, and integrity of new business quotations

• Translating OEE, scrap, labor efficiency, and throughput metrics into financial impact
• Supporting cost‑reduction initiatives with measurable financial validation
• Providing visibility to cost drivers at the operation and process level

• Identifying cost structure improvement opportunities
• Supporting automation, insourcing, and cost‑optimization initiatives
• Reducing financial risk through improved cost transparency and controls

• Bachelor’s degree in Finance, Accounting, or related field
• 4+ years of experience in manufacturing finance or cost accounting
• Strong background in standard costing and inventory accounting
• Experience working with ERP systems (CMS preferred)
• Advanced Excel skills, including modeling, data validation, and analytics
• Solid understanding of manufacturing operations and KPIs
• CPA / CMA designation (or in progress)

Apply online at www.johnsonelectric.com — We can’t wait to meet you!

Johnson Electric offers talented people like you the opportunity to grow professionally and personally, surrounded by some of the most dedicated, innovative, and entrepreneurial colleagues you will find anywhere. Of course, we offer competitive pay and benefits, and far more than that, we offer you a culture driven by our values and designed to ensure that our most important asset—our people—can flourish.  Johnson Electric welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

In accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, Johnson Electric is an equal opportunity employer who is committed to providing an inclusive and barrier free recruitment and selection process. Applicants should advise Human Resources if they require any type of accommodation during the recruitment process.

Please note: Johnson Electric may use Artificial Intelligence (AI) tools as part of our process.

Come join our global, inclusive & diverse team

Our purpose is to improve the quality of life of everyone we touch through our innovative motion systems. We are a truly global team bound together by our shared values. Our culture is built on the diversity, knowledge, skills, creativity, and talents that each employee brings to the company. Our people are our company’s most valuable asset. We are committed to providing an inclusive, diverse and equitable workplace where employees of different backgrounds feel valued and respected, regardless of their age, gender, race, ethnicity or religious background. We are committed to inspiring our employees to grow, act with ownership and find fulfilment and meaning in the work they do.