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Senior Cost Analyst

The Mason Group Inc

Scarborough, Canada

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Posted: September 6th, 2025

Job Description

Senior Cost Analyst

Employment Type

Permanent

Location

Scarborough, Ontario

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Job Description:

Our global manufacturing client is looking for a Senior Cost Analyst who will assist the Controller in the assessment of company performance by study and analysis of financial and operational data. The Cost Analyst will act as a catalyst in the continuous improvement process by supplying analytical support to the operational areas.

Duties and Responsibilities of the Senior Cost Analyst:

  • Review, develop, and maintain standard costs for raw materials, WIP, and finished goods across all business units.
  • Analyze cost variances (material, labor, and overhead) and provide actionable insights to operations and management.
  • Work closely with plant operations and supply chain teams to understand product flows, BOMs, and manufacturing processes.
  • Assist in the development and optimization of product costing logic, including setup of cost drivers, routings, and BOM groupings (one-to-one or category-based).
  • Conduct margin and profitability analysis at the material, customer, and product line levels.
  • Support monthly, quarterly, and year-end close processes with accurate cost rollups, inventory valuations, and journal entries.
  • Collaborate with IT and finance teams to enhance ERP costing functionality and resolve costing discrepancies.
  • Lead and be responsible for standard cost revaluation processes.
  • Support internal and external audit processes related to inventory and cost accounting.

    • TMGNY

    Job Requirements:

  • CA/CPA designation or in process.
  • Experience with Manufacturing/costing is essential.
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