Operations Accountant at Jacobs & Thompson Inc — NeverHard

FUNCTIONS & RESPONSIBILITIES 1. Role Purpose Administer approved accounting practices so cost reports accurately reflect production activity. 2. Standard Costing and Variance Analysis Report raw material and labour variances for management review. Assist with maintaining standard costing information and approved cost updates. Track purchase price variance monthly and report significant variances for management review. Apply annual standard cost changes for material and labour on January 1. 3. Month-End and Gross Margin Reporting Assist with month-end journal entries, reconciliations, and supporting schedules. Prepare and review monthly gross margin reports and identify significant variances for management review. 4. Inventory Control Review the master inventory list for inactive materials and products. Enter reported scrap, warehouse transfers, and inventory adjustments. Assist with coordinating physical inventory counts, including material listings, count instructions, and count procedures. Reconcile the perpetual inventory balance to the physical inventory count. 5. Performance Monitoring and Improvement Prepare and update established KPI reports for gross margin, cost control, and operational efficiency. Document cost accounting systems and procedures. Maintain documentation for internal controls and audit purposes. 6. Commission & Rebate Management Prepare sales commission calculations based on approved commission plans. Maintain and reconcile vendor and customer rebate schedules, including accruals, claims, and true-ups. REQUIRED SKILLS Well-developed communication skills. Previous accounting experience; manufacturing or cost accounting exposure is an asset. Computer literacy, including spreadsheets and accounting systems. Strong analytical skills. Intermediate proficiency in Microsoft Excel and other Microsoft Office applications. SAFETY RESPONSIBILITIES Work in compliance with the Occupational Health and Safety Act and applicable regulations. Use protective equipment and safety devices required by the employer. Follow safe work practices and procedures. Follow proper procedures for handling hazardous materials, equipment, and processes under WHMIS. Powered by JazzHR