Senior Cost Analyst
3 weeks ago
The Role
As a Senior Cost Analyst at GTI, you will be responsible for supporting Accounting operations on our Finance team. There are complexities to the manufacturing and production operations and it’s imperative that you understand all components from start to finish. This is no ordinary environment, you are an intrapreneur and will flex your accounting muscle to help scale our growing business. Negative attitudes are not tolerated here at GTI. Bring your moxie and let's make it happen.
This position requires onsite work 5 days a week at our production facility in Abingdon, Virginia.
Responsibilities- Plan, Study, and collect data to determine costs of business activity such as raw material purchases, inventory and labor and overhead
- Analyze data collected and record results Provide management with reports specifying and comparing factors affecting prices and profitability of products.
- Conduct/prepare Bill of material changes, product/brand P&Ls
- Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs
- Responsible for monthly closing of financials in accordance with GAAP, budget, variance analysis, Inventory management and control activities, and balance sheet reconciliations for multiple sites
- Assist Inventory Accounts Payable function as well as cash disbursements
- Record cost information for use in controlling expenditures
- Analyze audits of costs and prepare reports
- Make estimates of new and proposed product costs
- Provide management with reports specifying and comparing factors affecting prices and profitability of products
- Coordinate and oversee physical inventories, SOX, and audits with plant sites
- Support cross-functional teams to ensure the continuous, on-going improvement of processes, methods, productivity, and quality, while reducing costs
- Responsible for maintaining BOMs, variance analysis, and consolidated reporting
- Reconcile finished goods, raw material, and packaging inventory
- Collaborate in cross-functional capacity to meet business needs
- Conduct ad hoc analyses, special projects, and other duties as assigned
- Bachelor’s Degree in Accounting, Finance or Business-related field
- Master’s Degree or CPA, preferred
- 3+ years experience in cost accounting within CPG or manufacturing
- Advanced proficiency in MS Excel and MS Office required
- Highly motivated, self-directed, innovative and able to work independently or among teams with keen judgement, common sense and resourcefulness
- Adapts and thrives in a demanding, start-up, fast-paced environment
- Superior communication and interpersonal skills (verbal, non-verbal, written), with the ability to build relationships at all levels, both internally and externally
- Possesses a high level of critical thinking and attention to detail and accuracy
- Positive attitude and solution-oriented mindset
- Operates with a high level of professionalism and integrity, including dealing with confidential information
- Strong prioritization and time management skills
- Must pass any and all required background checks
- Must be and remain compliant with all legal or company regulations for working in the industry
- Must possess valid driver’s license
- Must be a minimum of 21 years of age
- Must be approved b y state badging agency to work in cannabis industry
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