Cost Accounting
Interviews will be completed on a rolling basis. Deadline March 26, 2025.
What it feels like to work at Jule:Jule has maintained its flat management structure and start-up culture, despite its steady growth in the industry for the past ten years. The Cost Accountant will be a part of a rapidly growing Accounting and Finance team with opportunities to collaborate with various departments, including Engineering, Purchasing, Product Design, Sales, Project Management, and more! Join a close-knit, high-energy team that rewards those who are naturally curious and exceptionally driven to reach their growth potential.
Our Company:
Jule is a Toronto-based all-in-one solution provider of Battery Energy Storage Systems (BESS) and Electric Vehicle Fast Charging (EVFC). Using its patented battery & power/energy management technologies, Jule has been delivering successful projects across a wide range of industries, including community energy storage, electric vehicle charging infrastructure, and microgrid development.
Our website: https://www.julepower.com/
Overview:
The Cost Accountant is responsible for analyzing operational expenses and product costs, ensuring accurate financial reporting, and providing data-driven insights to improve efficiency and profitability. This role involves managing inventory costs, analyzing manufacturing variances, and supporting budgeting and forecasting processes. The Cost Accountant will report to the Director of Finance.
Key Responsibilities:
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Use QuickBooks to prepare and record assets, liabilities, revenues, and expenses by compiling and analyzing account information.
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Monitor and analyze inventory, COGS, and manufacturing variances on a monthly basis.
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Produce detailed inventory control reports, including inventory valuation, BOM, WIP analysis, and COGS tracking.
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Analyze operational expenses (OPEX) and identify opportunities for cost optimization.
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Support budget development and forecasting for both operational and capital expenditures.
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Conduct profitability analyses for products and projects, providing actionable insights to stakeholders.
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Reconcile accounts payable and receivable, ensuring accurate and timely processing.
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Assist in preparing monthly financial statements, ensuring accuracy and adherence to GAAP.
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Maintain and balance subsidiary accounts by verifying, allocating, and reconciling transactions; resolve discrepancies as needed.
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Prepare GST/HST, WSIB, and EHT reporting.
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Support the implementation and ongoing management of ERP systems related to cost accounting and operational reporting.
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Ensure compliance with internal controls and maintain confidentiality of financial information.
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Provide insights and recommendations for operational improvements based on financial data.
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Participate in special projects and additional responsibilities as assigned.
Knowledge and Skills:
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In-depth knowledge of cost accounting principles and GAAP; preferably familiar with US as well.
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Strong analytical skills with the ability to interpret financial data and identify trends.
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Proficiency in QuickBooks Online and inventory management systems.
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Advanced MS Excel skills, including pivot tables and complex formulas.
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Excellent attention to detail and organizational skills.
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Ability to work effectively under tight deadlines in a fast-paced, dynamic environment.
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Strong interpersonal and communication skills for cross-functional collaboration.
Education and Experience:
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Minimum of 3 years of accounting experience, with at least 2 years in cost or OPEX accounting within a manufacturing environment.
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1-2 years of experience working with inventory management systems and ERP platforms.
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BSc or BComm degree in Accounting, Finance, or a related field.
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CPA designation (CA or comparable designation) is preferred.
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Experience with project accounting and financial analysis is an asset.
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Familiarity with general ledger functions and the month-end/year-end close process.
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Previous experience supporting the implementation of an ERP system is an advantage.
We thank all applicants for their interest; however, only candidates selected for an interview will be contacted.
Department: Accounting and Finance
This is a non-management position
This is a full time position