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Cost Accounting Manager
4 months ago
The Cost Accounting Manager position will be responsible for analyzing complex financial records and reports, regulating, and authenticating financial transactions, balancing accounts and be an instrumental contributor to the Company's cost accounting and analysis processes. This role will report to the Controller and as a key member of the Finance team, they must have a thorough knowledge of general ledger accounting and cost accounting procedures, including preparing month-end reports, financial forecasts and inventory cost modelling. KEY RESPONSIBILITIES
- Establish integrity of accounting information by recording, verifying, consolidating, and entering transactions.
- Subject matter expert for cost and inventory accounting as well as internal management reporting.
- Complete month-end closing procedures relating to inventory and other accounting cycles as assigned.
- Prepare monthly general ledger account reconciliations, internal and external cost models, SKU profitability analysis and other reporting as needed.
- Partner with cross-functional Operations groups to provide robust cost estimates, monthly KPI's and other process improvements to drive the growth of the business.
- Analyze financial and operational data and turn the associated trends into invaluable insights to impact business decisions.
- Prepare, document and/or update existing SOPs on inventory and costing processes to ensure SOX compliance as well as internal control best practices.
- Work with auditors by providing necessary/requested support to facilitate financial and compliance audits.
- Ad Hoc analysis and reporting
- Maintain a strong partnership with management, identifying cost-saving opportunities, process improvements and automation.
- Provide financial, operational, and cost analysis support for management.
- Assist with preparation of quarterly Audit Committee materials.
- Additional duties as assigned.
- While performing the duties of this job, the employee will primarily work indoors in an office setting.
- Operate a variety of standard office equipment including a computer, telephone, calculator, copy, and fax machine requiring continuous and repetitive arm, hand, and eye movement.
- Occasional travel to/from meetings and to various locations
- Lift and carry materials weighing up to 30 pounds.
*NOTE: The facility contains confined spaces that may only be accessible by ascending/descending stairwells while traveling throughout the building. Must be able to stand for prolonged periods of time, bend, kneel, squat, and twist. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. SKILLS & COMPETENCIES
- Advanced knowledge of inventory valuations, cost modelling and Generally Accepted Accounting Principles ("GAAP").
- Self-starter with a strong desire to drive the continuous improvement of our cost accounting function.
- Strong financial analysis skills
- Ability to prepare financial reports and give recommendations based on available data.
- Superior knowledge of financial reporting software tools and Microsoft Excel.
- Ability to perform risk and internal control assessments.
- In-depth knowledge of financial guidelines and regulations
- Excellent attention to detail
- Effective communication, including writing, speaking and active listening.
- Collaboration and teamwork
- Bachelor's degree in accounting
- 5+ years of accounting experience (inventory/cost accounting required)
- CPA (preferred)
- Strong Microsoft Excel, QuickBooks, and data management skills
- Excellent leadership, collaboration, and communication skills
- Ability to work well under pressure in an agile, fast-paced environment.
- Ability to work autonomously while providing effective communication to leadership.
- Strong analytical and quantitative skills and superior accounting skills
- Highly responsive and reliable
- Strong attention to detail
- 21+ and currently residing in the US.
- We are building a hard-working, diverse team that is excited to be a part of the evolving cannabis industry. Our team values a friendly, vibrant, and enthusiastic workplace. 4Front Ventures is an Equal Opportunity Employer.
Benefits of working with us include:
- Employee Discounts (one of the highest in the industry)
- Health, Vision, Dental Benefits
- Sick Pay/PTO Accrual
- Parental/Maternity Leave
- Employee Assistance Program
- Holiday Pay (if required to work on select days)
- Career Development
- Advancement Opportunities
- $95K - $125K (dependent on experience)