Centennial Food Solutions is a leading provider of customized quality center-of-the-plate products in Western Canada. Our goal is simple: to connect our communities through great food and exceptional service. Our reputation as a dependable and flexible partner is why discerning restaurants, retailers, foodservice, and trading companies choose us time and time again. With branches across Western Canada and a vast network of business brands, we are uniquely positioned to bring value to our partners at every turn.
Position Title: Cost Accountant
Location: Calgary, AB
Job Type: Full Time Permanent

POSITION SUMMARY:

The Cost Accountant plays a critical role in analyzing and controlling production and operational costs to support strategic financial decision-making. This position is responsible for conducting detailed cost analysis, preparing accurate cost reports, and ensuring effective inventory management. The Cost Accountant collaborates closely with cross-functional teams to monitor cost performance, identify efficiency opportunities, and support budgeting, forecasting, and pricing strategies.

QUALIFICATIONS AND SKILLS:

• Chartered Professional Accountant (CPA) designation or actively pursuing.
• 5-7 years of experience in a similar role.
• Proven record of hands-on experience with all accounting processes and all areas of accounting.
• Strong attention to detail and accuracy.
• Experience in costing and financial planning & analysis (FP&A) is an asset.
• Experience in Food, Pharmaceutical or Manufacturing experience would be considered an asset.
• Advanced Excel skills would be considered an asset.
• Sage X3 experience would be considered an asset.
• Proven record of implementing process improvements.
• Ability to work independently with minimal supervision.
• Maintain a positive and enthusiastic attitude.
• Maintain confidentiality with sensitive information.

Benefits and Perks

• Comprehensive Health and Dental coverage for you and your family.
• Registered Retirement Savings Plan with company matching contributions.
• Subsidized Company Share Ownership plan.
• Employee Family Assistance Program (support for mental health, financial services, and legal needs).
• Employee pricing on thousands of high-quality foods.
• Career advancement opportunities and training across the company.
• Instant Pay: through pay streaming you can have instant access to earnings without having to wait for payday!
• Belonging to a team that is passionate about food and long-term success.

• Cost analysis and Reporting
• Analyze production costs, raw material usage, labor and overheads to determine the cost of goods manufactured (COGM).
• Prepare detailed cost reports and variance analysis on a regular basis.
• Create and monitor various cost types and update them as necessary based on actual production data.
• Inventory and Cost Control
• Maintain accurate records of inventory transactions, including raw materials, work-in-progress (WIP), and finished goods.
• Perform monthly and year-end valuation.
• Conduct periodic inventory counts and reconcile physical counts with system records.
• Identify cost-saving opportunities and recommend ways to reduce waste and improve efficiency.
• Budgeting and Forecasting
• Assist in the preparation of budgets and financial forecasts related to production and operational costs.
• Monitor actual vs. budgeted costs and report variances with root cause analysis.
• Provide cost projections for new products, recipes, or process changes.
• Product Costing and Pricing Support
• Calculate product costs for new product development and provide input for pricing decisions.
• Evaluate the impact of changes in raw material prices, packaging, and labor on product margins.
• Collaborate with production and R&D teams to assess the financial viability of proposed changes.
• Compliance and Internal Controls
• Ensure compliance with company policies, financial regulations, and food industry standards.
• Assist in internal and external audits by providing cost-related documentation.
• Develop and implement cost control policies and procedures.
• Systems and Process Improvement
• Use ERP systems and manufacturing software to track cost data and improve reporting accuracy.
• Identify inefficiencies in cost accounting processes and recommend improvements.
• Support digital transformation and automation efforts related to finance and cost tracking.
• Cross-Departmental Collaboration
• Work closely with procurement, production, quality control, and sales teams to ensure financial goals align with operational objectives.
• Provide financial insights to support decision-making across departments.
• Some travel may be required.
• Additional duties as assigned.