Manager of Cost Accounting in Toronto, ON

Manager of Cost Accounting Job Description

Managers of cost accounting in Canada lead and oversee all aspects of cost accounting activities. The role is responsible for developing and implementing effective cost accounting systems, managing a team of cost accountants, and providing strategic cost insights to support informed decision-making.

Typical manager of cost accounting duties:

Lead the development, implementation, and maintenance of a comprehensive cost accounting system aligned with industry best practices and Canadian Generally Accepted Accounting Principles (CGAAP).

Ensure the accuracy and timeliness of cost data for all products, services, and departments.

Identify and address any gaps or inefficiencies within the cost accounting system, recommending and implementing improvements.

Lead the analysis of variances between standard costs and actual costs to identify areas of cost overruns or underruns.

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Salary for Manager of Cost Accounting in Toronto, ON

101953 - 135590

25th percentile

101953

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

121510

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

135590

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Senior Cost Accountant

88655

97521

109254

Cost Accountant, 0-3 Years' Experience

65188

79268

92566

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