Senior Costing Analyst - Jobs in Newmarket

Job Description

Senior Costing AnalystLocation: Multimatic Niche Vehicles NA, Markham, Ontario, CanadaPosted: January 29th, 2024Location: Future move to Newmarket, Ontario, Canada in H2 2024Position Overview:Located in Markham, Ontario, Canada, Multimatic Niche Vehicles North America (MNVNA) is the exclusive production facility of the Ford GT Mk IV supercar and the Ford Bronco DR racing truck.Multimatic Niche Vehicles North America (MNVNA) is seeking to recruit a Senior Costing Analyst that will provide financial insight, analysis, and planning to support decision making and strategic initiatives in a fast-paced manufacturing environment.The analyst will play a pivotal role in the financial oversight of the current programs (GT Mk IV, Bronco DR), as well as in the preparations for future work.The emphasis on the role is on cost management, both cost of goods sold, as well as other costs (freight and other variable costs, labour, overhead, S amp;A, capital, etc.) Must have strong accountingamp; financial technical expertise and an understanding of business processes and operations.Experience managing a bill of materials is required.Automotive enthusiasts preferred.Duties and Responsibilities:Manage (create, update, track, administer, monitor, etc.) the various bills of materials of the manufactured goods, including appropriate allocations (labour, overhead, etc.)Manage the financial aspect of the quality deductions processManage the financial aspect of the shipping chargebacks/charge passthroughs processWork with the logistics and materials team to optimize freight spend and inventory managementManage administration of capital assets of the division, including purchases tracking, reconciliations, and depreciation; as well as working with senior team members on preparation of capital asset proposalsAdminister prepaid expenses, including reconciliationsAdminister various other expenses (labour, overhead, S amp;A, other expenses)Identify cost savings opportunities (including net reductions through offsetting revenue generation, government grants and/or other methods)Analyze and explain variances to divisional managementPerform various reconciliations, both ad hoc and recurring, especially those that impact cost accounts (ex. Intercompany purchases)Prepare regular weekly and monthly internal reports for the Controller, including the upper management teamPrepare financial analysis on current operations and on prospective future projectsEffectively utilize the junior analyst as an assistant, and coach the junior analyst as appropriateAssist in preparation of month-end financial reporting and play a key role in month end closeAssist in preparation of annual budget and quarterly reforecastAssist with some banking activitiesAid in processing vendor payments as requiredCoordinate with vendors on issues as requiredLiaise with other departments for issue resolution (Engineering, Purchasing, Quality, Receiving)Perform other analytical, financial, and accounting related duties, as requiredEducation and Experience:University degree in a relevant discipline (finance, accounting, commerce, etc.)CPA or other relevant professional accounting/financial designation is a valuable asset2+ years of related costing/financial analysis/audit experience REQUIREDCosting, manufacturing and/or bill of material management experience is requiredStrong knowledge of Microsoft OfficeSAP knowledge REQUIREDKnowledge of and enthusiasm for cars/the automotive industry a valuable assetHighly motivated and results-orientedDetail orientedAbility to lead a project through team activities, including working cross functionallyAbility to learn quicklyDetailed understanding of general custom manufacturing processes an assetIn-depth knowledge of computer systemsGood communication skills and the ability to interact with all levels of an organizationAbility to manage multiple projects/tasksAbility to make presentations in front of a groupDiscretion and the ability to maintain confidentialityExcellent oral and written communication skillsExcellent organizational and problem-solving skillsFast typer (40+ WPM)What You’ll GetCompetitive salaryCompetitive benefits packageCompany retirement plan contribution, plus additional optional matchingThe chance to work at one of the most unique production plants in North AmericaOpportunities for growthTo learn more about Multimatic, check out our youtube channel - https://www.youtube.com/watchv=psOjJIh3t90If you are interested in this position, apply by sending us your cover letter and resume.We thank all interested candidates in advance; however, only individuals selected for interviews will be contacted. As part of our commitment to ensuring our employment practices are fair, accessible, and inclusive of persons with disabilities, recruitment-related accommodations for disabilities, are available upon request throughout the recruitment and assessment process for applicants with disabilities.