Full-Time

Senior Cost Accountant

Posted on 5/24/2024

TerrAscend

TerrAscend

201-500 employees

Vertically integrated cannabis products operator

Consumer Goods

Senior

Parsippany-Troy Hills, NJ, USA

Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree with a concentration in business or accounting
  • CPA preferred
  • Experience with or master’s degree in Supply Chain Management, and/or CMA preferred
  • 3+ years of progressive accounting experience
  • Manufacturing and Cost Accounting experience required
  • Knowledge of U.S. GAAP as it relates to inventory
  • Experience or exposure to all areas of accounting including but not limited to accounts payable, accruals, reserves, and inventory valuation
  • Experience working in a highly computerized environment and processing financial transactions using and/or implementing an enterprise resource planning (ERP) system and/or accounting software
  • Advanced Microsoft Excel skills
Responsibilities
  • 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
  • Collaborating with the Accounting Managers, accounting team, and other internal departments to design, document, implement, and monitor processes
  • Performing ad hoc analysis and projects as requested
  • Planning, studying and collecting data to determine costs of business activity
  • Reviewing and providing analysis of significant variances of actual to standard manufacturing costs
  • Making estimates of new and proposed product or service costs
  • Developing and delivering management with reporting and analysis of manufacturing efficiency performance
  • Analyzing changes in product packaging design, raw materials, manufacturing methods, or services provided
  • Driving continuous improvement programs to reduce product costs through interaction with Operations
  • Supporting all accounting month end and year end processes
  • Compiling and developing information to be used in operating budget preparation
  • Setting up all new standard costs or changes to existing standards
  • Developing and implementing robust procurement and inventory management controls
  • Monitoring effectiveness and making recommendations as to effectiveness of controls in cost accounting system

TerrAscend is a top choice for professionals looking to advance in the cannabis industry with a company that prides itself on its advanced cultivation and manufacturing technologies. As a vertically integrated operator, it offers a unique insight into the entire cannabis product lifecycle, from production to retail, supporting consistent high-quality output for both medical and legal adult markets. This structured and comprehensive approach ensures a robust platform for employee development and industry-leading practices.

Company Stage

IPO

Total Funding

$332M

Headquarters

Norristown, Pennsylvania

Founded

2017

Growth & Insights
Headcount

6 month growth

15%

1 year growth

25%

2 year growth

89%