Cost Accountant

Join Us in Driving a Safer and Greener Tomorrow as a Cost Accountant at ArcelorMittal Tailored Blanks!

Position: Cost Accountant Location: Ingersoll, ON

Vacancy: This posting is for an existing vacancy

Join Our Team and Be Part of Something Groundbreaking!

Are you ready to take your career to the next level? We’re opening a state-of-the-art manufacturing facility, designed with cutting-edge technology and innovation at its core. As a leader in the automotive industry, we are committed to excellence, efficiency, and the future of advanced manufacturing.

At AMTB, we’re not just transforming the automotive industry—we’re making a real difference in the world, and we want you on our team! Here’s why joining us is your best career move:

1. Make a Life-Saving Impact: Every part you help create plays a crucial role in saving lives. Our innovative, lightweight components enhance vehicle safety and performance, ensuring that drivers and passengers are better protected in crashes. Knowing your work directly contributes to safer roads is truly fulfilling!
2. Protect the Planet: We’re committed to sustainability. Our parts not only make vehicles safer but also reduce carbon emissions. With materials that are 100% recyclable, you’ll be proud to know that your efforts are helping to create a healthier environment for future generations.
3. Thriving Culture: Recognized as a "Great Place to Work" for three years running, and with multiple awards as one of the best companies to work for, our culture is built on values that promote collaboration, respect, and inclusion. Here, every voice is heard, and every idea matters.
4. Career Growth: We believe in nurturing talent from within. With extensive training and dual career paths, you can advance as a technical expert or in leadership roles—whatever aligns with your aspirations.
5. Education and Well-Being: We invest in your future by covering your educational expenses and providing virtually unlimited access to mental health resources. Your safety—both physical and emotional—is our top priority.
6. Celebrate Success Together: We work hard and celebrate even harder! Our generous bonus structure rewards your contributions and the collective achievements of our team.
7. Diversity Matters: Our commitment to a diverse workforce fosters an inclusive environment where unique perspectives drive innovation and creativity.

Our Core Purpose: Driving a Safer and Greener Tomorrow

Our Values:

Safety in Everything We Do

We Operate With Respect

We Do What We Say We Will Do

We Win Together, We Lose Together

We Challenge Ourselves and Each Other

We Find a Better Way

If you're ready to feel good about the work you do and help shape a safer, more sustainable future, AMTB is the place for you! Come innovate and inspire with us! Discover more about us at our website.

Check us out:
https://northamerica.arcelormittal.com
https://www.youtube.com/@AMTBNA

https://www.linkedin.com

Overall Responsibility:

The Cost Accountant is responsible for managing and analyzing all aspects of cost accounting within AMTB Ingersoll Blanking facility. This role ensures accurate product costing, inventory valuation, and financial reporting to support strategic decision-making. The Cost Accountant will maintain the standard cost system, analyze variances, and provide actionable insights to improve profitability and operational efficiency. Additionally, the position supports budgeting, forecasting, and compliance with corporate financial policies and industry standards.

Accountabilities:

Standard Costing & Product Costing

• Maintain standard cost system, including BOM accuracy and routing integrity, in collaboration with Engineering and Operations.
• Perform product costing and contribution margin analysis; support quoting and pricing reviews as required.
• Coordinate periodic standard cost roll/updates and document assumptions (rates, overhead, scrap, labor, burden).

Cost & Variance Analysis

• Prepare and analyze key manufacturing variances (material price/usage, labor, overhead absorption, scrap) and communicate drivers to stakeholders.
• Identify cost-saving opportunities and partner with Operations and Materials on corrective actions and tracking.
• Prepare recurring cost/performance reports as applicable

Inventory & Working Capital

• Perform inventory reconciliations and ensure accurate valuation, reserves/aging/obsolescence, and scrap/chargeback calculations.
• Support cycle counts and physical inventory; investigate and resolve count and transaction variances.
• Prepare material claims and supporting documentation as required.

Financial Reporting & Close Support

• Support month-end and year-end close, including inventory/COGS entries, accruals, reconciliations, and reporting packages.
• Maintain and reconcile assigned balance sheet accounts; ensure timely issue resolution and proper documentation.
• Review and post AP batches ensuring accuracy and compliance with company policies.
• Assist Controller with budgeting, forecasting, and ad-hoc analysis.

Fixed Assets / Capital Tracking

• Track capital spending, additions, depreciation, and related schedules
• Support capital justification for new projects

Cross-Functional & Compliance

• Ensure compliance with corporate finance policies and plant quality/environmental requirements (IATF 16949; ISO 14001; update H&S standard wording as applicable).
• Support internal/external audit requests and maintain strong documentation and control practices.
• Perform other duties as assigned

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field; CPA designation or working towards CPA is an asset.
• Minimum 3–5 years of cost accounting experience in a manufacturing environment; automotive industry experience preferred.
• Advanced proficiency in MS Excel (pivot tables, VLOOKUP, macros, etc.).
• Familiarity with AS400 and CMS400 accounting systems preferred.
• Strong understanding of cost accounting principles, inventory management, and financial reporting.

Compensation Package:

• Salary range: $100,000 - $110,000 annually
• Variable Bonus potential
• We provide a competitive extended benefits package that supports employee well‑being and enhances the overall employee experience.

ArcelorMittal Tailored Blanks is an Equal Employment Opportunity / Affirmative Action employer. Qualified applicants will receive consideration for employment without regards to race, color, age, religion, sex, or national origin. AMTB is committed to providing an inclusive and barrier-free recruitment and selection process. Upon request, accommodations are available for applicants with disabilities throughout the recruitment process.

While we sincerely appreciate all applications, only those candidates selected for interview will be contacted. AI tools may be used for screening applications.