Cost Accountant

Key Responsibilities

• Ownership of the perpetual inventory system in our ERP.
• Ensure accurate costing of raw materials, WIP, and finished goods.
• Analysis and Reporting: Routine and ad-hoc reporting on various inventory, costing, operational, and financial metrics to a diverse range of colleagues.
• Use your analytical skills to identify and propose opportunities for improvement in costing or operations.
• Standard Costing and Absorption: Calculate, propose and monitor standard costs for use in absorption accounting methodologies.
• Variance Monitoring: Monitor variances created via receiving, production, and other sources. Correct and implement preventive measures to minimize future variances whenever possible.
• Policies and Procedures: Update, write, and maintain a comprehensive set of desktop procedures and general standard operating procedures for the function in relation to financial reporting and operating procedures.
• Monthly Close: Participate in various close activities and reconciliations related to the monthly, quarterly, and annual close.
• Collaborate: Frequent interaction with operational, financial, commercial, and other team members within Fernway. Communicate with external auditors and regulatory agencies as needed related to costing and inventory.

Skills, Knowledge and Expertise

• Bachelor's in Accounting or Finance or equivalent experience.
• 3+ years of cost accounting experience in a manufacturing environment.
• Strong technical cost-accounting foundation under US GAAP.
• Advanced Excel; ERP proficiency.
• Experience with intercompany accounting.
• Travel to various company sites (5-10%).
• Preferred: CPA, CMA or equivalent certification.
• Cannabis or other highly regulated, multi-entity / multi-state industry experience.
• Experience with Acumatica (or similar ERP).
• Knowledge of IRC §280E and its impact on cost accounting methods.
• Experience with Datarails reporting platform.