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Senior Cost Accountant
TerrAscendHagerstown, United Statesfull_timeVerifiedPosted 15 Oct 2024
About the role
At TerrAscend, we’re on a mission to elevate the lives of our patients and customers. We cultivate exceptional marijuana therapies for patients and high-quality products for legalized adult recreational use. As one of North America's largest and fastest-growing multi-state, vertically integrated cannabis operators, we’re at the forefront of innovation and excellence. Together we grow, shaping the future of cannabis. Join us on this exciting journey and be part of something extraordinary!
It’s a Joint EffortWe believe that how we work together truly matters. Our employees are passionate about what we do and how and why we do it. TerrAscend’s most successful team members understand that serving our patients, customers, and each other is what excels our growth. To keep thriving, we continue to bring together the brightest minds in business with best-in-class cultivation and outstanding patient and customer experiences. This is how we continue to set the industry standard.
Sound like weed be a good fit? Here’s where you come in.
It’s a Joint EffortWe believe that How We Work Together Matters. Our priority is to assemble a team that believes not just in what we do but how and why we do it. Our most successful team members know that being of service to our patients, our customers, and each other is what separates us from other organizations. Our continued success is dependent upon bringing together the brightest minds in business with best-in-class cultivation and elevated patient and customer experiences, so we continue to set the standard for the industry.
Sound like weed be a good fit? Here’s where you come in.
Our next Senior Cost Accountant will provide weekly, and monthly (month end close) support with a focus on cost accounting, inventory valuation, balance sheet & P/L reconciliation, and process improvement.
Where you'll be planted:This is a hybrid role with 1-2 days in our Hagerstown, MD facility with occasional travel to our King of Prussia, PA office as needed.
It’s a Joint EffortWe believe that how we work together truly matters. Our employees are passionate about what we do and how and why we do it. TerrAscend’s most successful team members understand that serving our patients, customers, and each other is what excels our growth. To keep thriving, we continue to bring together the brightest minds in business with best-in-class cultivation and outstanding patient and customer experiences. This is how we continue to set the industry standard.
Sound like weed be a good fit? Here’s where you come in.
It’s a Joint EffortWe believe that How We Work Together Matters. Our priority is to assemble a team that believes not just in what we do but how and why we do it. Our most successful team members know that being of service to our patients, our customers, and each other is what separates us from other organizations. Our continued success is dependent upon bringing together the brightest minds in business with best-in-class cultivation and elevated patient and customer experiences, so we continue to set the standard for the industry.
Sound like weed be a good fit? Here’s where you come in.
Our next Senior Cost Accountant will provide weekly, and monthly (month end close) support with a focus on cost accounting, inventory valuation, balance sheet & P/L reconciliation, and process improvement.
Where you'll be planted:This is a hybrid role with 1-2 days in our Hagerstown, MD facility with occasional travel to our King of Prussia, PA office as needed.
All benefits-eligible employees are provided the following benefits:
- Employee Discount (all employees eligible)
- Paid-Time-Off (varies by State, please ask your Recruiter for more info)
- Health, vision, and dental insurance
- 98Point6 (remote primary care)
- 401k with 4% matching (100% vested immediately)
- Employee Assistance Program
- Paid Parental Leave
- Life Insurance
- Short & Long Term Disability
- Flexible Spending Account
- Wellness Program
To be blunt, this role will be about:
- Assisting the Accounting Managers in driving the Month-End Close process for multiple entities. Participating and at time supervising daily accounting department tasks. Preparing and/or reviewing appropriate ledger entries and accruals, with a primary focus on cultivated and manufactured inventory, and related costs of production.
- Ensuring completeness and accuracy of all assigned balance sheet and profit/loss accounts, databases, and files, including the completion and review of monthly balance sheet reconciliations and applicable income statement accounts.
- Collaborating with the Accounting Managers, accounting team, and other internal departments to design, document, implement, and monitor processes that establish controls, ownership, and accountability of involved parties related to costs of production.
- Performing ad hoc analysis and projects as requested, including the implementation of new ERP system (Epicor/Wherefour).
- Working closely with the Accounting Manager, Controller, Parent Company Accounting Group, external auditors, and tax accountants during quarter and year end close to support reporting & regulatory requirements and provide financial commentary and supporting schedules as requested.
- Planning, studying and collecting data to determine costs of business activity such as raw material purchases, labor and overhead expenditures which directly affect the company’s financial operations. Reviewing and providing analysis of significant variances of actual to standard manufacturing costs and make recommendations for improvement (PPV, Material Usage variance, Labor rate and usage variances, Overhead spending variances).
- Making estimates of new and proposed product or service costs. Recommending cost efficiencies to senior management and executes agreed upon directives. Reviewing and providing input and justification for new manufacturing equipment capital expenditures.
- Developing and delivering management with reporting and analysis of manufacturing efficiency performance, specifying and comparing factors affecting profitability of products or services.
- Analyzing as needed changes in product packaging design, raw materials, manufact
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