Senior Operations Accountant

3 days ago

Kingsville, Ontario, Canada Cronos GrowCo Full time
At the Cronos Growing Company ('GrowCo'), we are focused on developing and retaining a motivated and highly skilled team. We are working towards building one of the strongest brands in the global cannabis industry. At GrowCo, we hire talented people who thrive on solving difficult problems and give them the opportunity to hone new skills and approaches. If you want to play a part in shaping an innovative industry and help build a historically significant company, we want to meet you.   Summary: The Senior Operations Accountant will be a designated, highly skilled accounting professional responsible for participating in numerous month-end accounting functions while also managing the greenhouse/warehouse accounting processes to support the manufacturing facility in Kingsville, ON.   This role will manage inventory standard costing, inventory reconciliations, analysis of material, labor and overhead variances, and management of internal controls around the inventory and manufacturing processes. This role will report directly to the CFO and will support initiatives such as manufacturing process improvements, annual budgeting & forecasting, and capital project oversight.  To be successful in this role you must be a team player, have integrity, be accountable for the initiatives you are responsible for, challenge the status quo, and be confident in making critical decisions.    Job Duties:
  • Provide financial partnership with the Operations Manager & COO, compile and analyze financial data to identify trends and provide insights for decision-making. 
  • Assist with the preparation of the Company's monthly, quarterly, and annual financial statements in accordance with US GAAP. 
  • Regularly review and maintain accurate inventory standard costs in Microsoft Dynamics 365 Business Central.  
  • Analyze the allocation of labor and overhead for Greenhouse and Production Cost Centers and create management action plans.
  • Provide P&L explanations for key variances in Volume and Cost Drivers.
  • Identify trends in production and manufacturing unit performance and provide recommendations for improvement.
  • Work with business intelligence software and collaborate with Operations Manager & COO to develop key performance indicators that give a real-time assessment of greenhouse and warehouse operational performance.
  • Responsible for providing the organization and management with appropriate financial and operating information. Collaborate with other department groups to obtain and compile relevant financial data.
  • Assist in the preparation of annual budgets and provide budget to actual analysis and monthly reforecasts throughout the year.
  • Lead the effort to identify and track cost saving opportunities for both the greenhouse and warehouse. 
  • Maintain strong internal controls around inventory and manufacturing processes, ensure all internal controls adhere to corporate policies and external regulations.
  • Review and approve greenhouse and warehouse purchase orders as needed. Responsible for making sure that the proper general ledger account and cost centers are correctly applied and there is adherence to the GrowCo capitalization policy.
  • Review CAPEX projects and assist with determination of ROI calculations.
  • Identify financial and operational risks and develop appropriate management action plans to mitigate risks.
  • Provide ad-hoc reporting, analysis or business support as required by management.

You'll need to have:
  • Bachelor's degree in accounting or finance, or related field CPA designation (preferred)
  • Critical to have US GAAP knowledge and experience.
  • 5 years of progressive finance/accounting experience, including 2+ years as a plant controller or cost analyst.
  • Experience with inventory standard costing, absorption analysis and inventory valuation. 
  • Capable of identifying and implementing cost saving initiatives that drive efficiencies and improve business performance.
  • Hands-on team player, able to interact professionally with all levels.
  • Leadership and collaborative capabilities to work with a broader finance team as well as all levels in a manufacturing environment; Prior experience in manufacturing or cultivation environment is preferred.
  • Proven analytical, problem solving and organizational skills.
  • An effective communicator with excellent verbal and written skills.
  • Self-motivated, team-oriented self-starter who can take a task and run with it. Ability to work under tight deadlines and possesses attention to details.
  • Advanced Excel and a Solid knowledge of Microsoft Dynamics 365 Business Central is preferred, but not required.
  • Valid Police Verification Check or ability to obtain one required.
  NOTE: Job Description is not intended to be all-inclusive. Employees may perform other related duties to meet the ongoing needs of the organization.   Cronos GrowCo supports a diverse and inclusive work environment, and we welcome and encourage applications from people with disabilities and people with diverse backgrounds, identities, and cultures. For candidates with disabilities, accommodations are available upon request in all phases of the selection process.

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