Cost Accounting Manager - Delta, Canada - Pure Sunfarms Corporation

Pure Sunfarms Corporation

Verified Company

Delta, Canada

3 weeks ago

Posted by:

Sophia Lee

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Description

Driven by a love of plants, Pure Sunfarms is one of Canada's largest, single-site, licensed producers of high-quality, greenhouse-grown cannabis based in BC's Fraser Valley (Delta).

We are proud to bring together individuals from a wide breadth of industries, backgrounds, and experiences, and promote a culture of belonging where everyone can truly be themselves - in every form of expression that is natural to them.

This is our priority and guiding light at Pure Sunfarms, driving our uncompromising approach to quality and success within the Canadian recreational cannabis market.

We believe our differences are our strengths, letting us look at cannabis in a whole new light.

The Cost Accounting Manager is a key member of the Finance team, responsible for overseeing and managing the cost accounting functions within the organization.

This role involves analyzing, tracking, and reporting on the costs associated with the company's operations, products, and services.

The Cost Accounting Manager plays a crucial role in providing accurate financial information that aids in strategic decision-making and operational efficiency.

A team player at heart, you build strong relationships across the organization to develop an understanding of business operations.

You excel at building and establishing processes and reports and can analyze the findings and you are able to tell a story behind the numbers in an easy-to-understand manner.

**ESSENTIAL FUNCTIONS

Cost Analysis and Reporting

Perform all aspects of cost accounting including the preparation, review and analysis, and related monthend processes
Analyse the costs of materials, labour, product inventory costing, standard costing, overhead allocation to determine accurate product costs
Prepare and present detailed cost reports to senior management, highlighting cost drivers and areas for improvement
Monitor and analyse cost variances and recommend corrective actions as needed
Ensure all monthly, quarterly, and annual financial accounting activities are completed in an accurate and timely manner
Provide costing assessments in a Stage Gate methodology on potential new product launches
Monitor product, project, and operating costs to identify and implement costsavings
Identify opportunities for cost reduction and operational efficiency improvements
Continuously review cost accounting processes and systems, recommending enhancements where necessary
Monitor actual costs against budgeted amounts and investigate significant variances Provide insights into cost trends and potential budgetary impacts to support the budgeting process

Inventory & Cost Allocation**- Oversee the valuation of inventory and ensure accurate recording of inventory costs

Participate in quarterly inventory related items as needed
Control monthly inventory counts and annual audit of inventory
Assist in the development of annual budgets and forecasts related to production costs and inventory
Coordinate auditrelated activities related to cost accounting and inventory valuation
Ensure accurate allocation of costs to products and services for pricing decisions Analyse pricing scenarios and their potential impact on profitability

Compliance & Auditing

Ensure compliance with relevant accounting standards and regulations
Prepare and provide support for external audits related to cost accounting
Maintain accurate and organized records of costrelated information for audit purposes
Provide financial analysis and costrelated insights to support strategic decisionmaking
Offer recommendations to senior management based on cost analysis and potential outcomes
Identify potential risks associated with cost accounting practices and implement controls to mitigate them
Monitor and address any internal or external factors that could impact cost structures
Assist with Audit preparation, or as instructed by the Controller or the Director of Finance Work with Cultivation and Operations to ensure compliance with internal controls

Stakeholder Communication

Communicate costrelated information clearly and effectively to both financial and nonfinancial stakeholders
Collaborate with crossfunctional teams to gather relevant costrelated information
Foster a collaborative and productive work environment within the team
Participate in crossfunctional teams to assess the financial viability of new projects and initiatives
Collaborate with operations teams to implement process changes that optimize cost structures without compromising quality Collaborate with product development and sales teams to determine appropriate pricing strategies

OTHER DUTIES
At Pure Sunfarms, we are all growers at heart.

Our plants and processes require in-person care and attention to ensure we're bringing the best our plants and people have to offer to our consumers.

This means other duties may arise since we work together to ensure we support all business activities -