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Cost Accountant

Job Number:  66584
Group:  Cosma International
Job Type:  Permanent/Regular

St. Thomas, ONTARIO, CA, N5P 1G6

Work Style: 

About us


We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.


Forward. For all.


Group Summary


Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.


About the Role


Adhering to generally accepted accounting principles and practices the Cost Accountant is responsible for all cost and inventory accounting and analysis for all aspects of tooling for divisional operation. They act as a catalyst in the continuous improvement process by supplying analytical support to the operational areas. 

Your Responsibilities


  • Track costs incurred and costs remaining to be spent for tooling and capital projects.

  • Responsible for management of tooling inventory and costing.

  • Facilitate annual standard cost roll. 

  • Work with all departments on capital request packages. Enter and track capex in automated system (MCS).

  • Act as a backup for all inventory transactions and reconciliations.

  • Recommend ways and means of providing better timely and accurate management information from the cost system.

  • Become proficient with CMS ERP system.

  • Work with Production and Engineering to establish annual run standards and crew sizes used for standard costing purposes.

  • Perform audits on the bill of materials.

Who we are looking for


  • Experience Using Microsoft Office

  • Experience working with an ERP system, standard cost environment, cost analysis, and inventory accounting would be an asset.

Your preferred qualifications


  • CPA designation or actively pursuing a CPA designation.

  • Business Administration or Commerce degree or equivalent.

Accommodations for disabilities in relation to the job selection process are available upon request.

What we offer


At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.


What We Offer at Presstran:


  • Overtime after 44 hours per week.

  • Vacation: 2 weeks of paid vacation + 3 Personal Paid Holidays

  • Weekly pay via direct deposit.

  • Barbecues and Children’s Christmas Party.

Site Benefits


  • Medical and Dental Coverage.

  • Incentive Bonus if requirements are met.

  • Magna Profit Sharing.

  • Matched GRRSP.

  • Company paid life insurance and AD&D coverage.

  • Educational Assistance program. 

  • Work boot, safety glasses and custom molded earplug allowances.

  • Roger’s cell phone plan available to Presstran Team Members.

  • Monthly Employee discounts (new vehicle, amusement parks etc.).

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.

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