Cost Accountant

Base Pay $75,000.00 - $120,000.00 / Year Job Category Accounting and Finance Relocation Expense Covered No Employee Type Full-Time Exempt Manage Others No Description SUMMARY OF ROLE: As a Cost Accountant for Mfused, you’ll be at the heart of our financial operations, applying your expertise in cost analysis, general ledger and subledger accounting as well as month-end close activities. This position is responsible for maintaining the integrity of the Company’s financial records by preparing journal entries, reconciling accounts, and supporting the financial close process in accordance with Generally Accepted Accounting Principles (GAAP), policies & procedures as well as internal controls. You’ll collaborate with teams like Supply Chain and Manufacturing to optimize costs and improve operational efficiency, directly impacting profitability and business success. If you have a strong foundation in accounting, excellent communication skills, and a desire to grow in a collaborative and supportive workplace, we want to hear from you. Your impact will help shape our financial success and optimize key business strategies. This role will be based out of Scottsdale, AZ and you will be required to be on-site. ESSENTIAL ROLE AND RESPONSIBILITIES (include the following but other duties may be assigned) Cost Accounting & Inventory: Perform cost analysis by maintaining and updating standard costs, bills of materials (BOMs), and cost structures. Ensure accurate valuation of inventory in accordance with GAAP (e.g., FIFO, weighted average). Monitor inventory movements and record cost-related transactions. COGS & Margin Analysis: Analyze cost of goods sold and gross margin trends. Identify variances between standard and actual costs and provide explanations. Partner with supply chain and operations to improve cost efficiency and internal controls. Inventory Controls & General Ledger (GL) Reconciliations: Manage inventory controls, conduct counts, and lead reconciliation. Oversee inter-company inventory transactions, perform periodic inventory reconciliations and cycle count analysis. Investigate inventory discrepancies, obsolescence, and shrinkage and streamline reporting processes. Perform assigned monthly balance sheet reconciliations and resolve discrepancies. Investigate and clear reconciling items in a timely manner. Ensure assigned subledger-to-GL tie-outs (AR, AP, inventory, fixed assets). General Ledger Maintenance: Prepare, review, and post journal entries with appropriate supporting documentation. Maintain and reconcile assigned general ledger accounts on a regular basis. Ensure all transactions are recorded accurately and in the proper accounting period. Month-End Close: Prepare and record journal entries related to inventory, COGS, and cost adjustments. Support timely and accurate month-end close processes. Reconcile inventory and cost-related accounts. Support the monthly, quarterly, and annual close processes. Ensure all accruals, deferrals, and adjustments are properly recorded. Meet established close timelines. Financial Reporting & Analysis: Prepare cost reports, variance analysis, and management reporting. Analyze variances and provide explanations for management. Support budgeting and forecasting related to production and costs. Partner with cross-functional teams to ensure precise costing and accurate financial reporting, supporting strategic decision-making. Compliance & Controls: Ensure adherence to internal controls and GAAP for inventory, cost and general ledger accounting. Maintain documentation to support audit requirements. Communication Skills: Strong verbal and written communication skills, with the ability to interact effectively with clients and internal cross-functional teams. Ability to handle confidential information in compliance with GAAP, applicable regulations and company policies and procedures. Other Accounting Duties: Support ERP implementation and provide secondary internal controls for inventory audits. Perform successfully other duties as assigned. SUPERVISORY RESPONSIBILITIES: This role does not have supervisory responsibilities. WHAT WE ARE LOOKING FOR: Education: A Bachelor’s Degree in Accounting or related field required. Experience: A minimum of 2 years of experience in cost accounting and full-cycle general ledger and subledger accounting. A strong understanding of GAAP including inventory valuation, Cost of Goods Sold (COGS), accruals and deferrals. Accounting Skills: You have cost accounting experience in manufacturing and a strong understanding of costing methods. You have experience with general ledger accounting and month-end close. Technical Skills: You have experience with ERP systems (e.g., NetSuite, SAP, Oracle, QuickBooks). Strong analytical and problem-solving skills, as well as a high attention to detail and accuracy. You have advanced Excel skills and excel at managing and analyzing large data sets, and the ability to identify trends, discrepancies, and areas for improvement, driving continuous enhancement of financial processes. Communication Skills: Strong verbal and written communication skills, with the ability to interact effectively with clients and cross-functional teams. Ability to handle confidential information in compliance with applicable regulations and company policies and procedures. You are a team-oriented, self-motivated professional who thrives in fast-paced, start-up environments. Attention to Detail & Organizational Management: Exceptional attention to detail and accuracy in financial record-keeping and reporting. Strong organizational and time management skills. Even Better If: You hold a CPA or CMA certification You have 3–6+ years of progressive accounting experience You have experience with ERP implementation and in environments with multiple operating units What We Offer: Competitive Pay Comprehensive benefits including medical, dental, vision, life insurance, and 401(k). Health Savings Account (HSA) Short-Term Disability Paid Time Off (PTO) and company holidays Community Involvement Through our Mfused Cares Initiative Professional development and career advancement opportunities. Not all benefits listed above are available to all employees at all locations. PHYSICAL DEMANDS/WORK ENVIRONMENT: Physical Demands: Primarily a desk-based role, requiring prolonged periods of sitting while working on a computer. Occasional standing, walking, and moving around the office and production areas as needed. Ability to lift and carry light objects (up to 20 pounds) occasionally. Frequent use of office equipment, including computers, phones, and printers. This position is based in an office environment located near a cannabis production space. Exposure to typical office noise levels, with occasional exposure to the odors and noise associated with a cannabis production facility. Must be comfortable working in proximity to cannabis-related products and processes. Compliance with company policies regarding security and safety within a regulated industry is required. Equal Employment Opportunity Statement: MFUSED is an equal opportunity employer dedicated to fostering an inclusive environment for all team members. We celebrate diversity, and we're committed to creating a workplace where everyone's unique perspective is valued. We don't discriminate on the basis of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We believe that diversity leads to innovation, and we invite candidates from all backgrounds and experiences to join us in shaping the future of the Cannabis industry. At MFUSED, we're excited to review your application and welcome you to our mission of excellence and inclusivity in the Cannabis world. Please note that this job description is not designed to contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. E-VERIFY: Mfused is participant in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For information about the E-Verify program, please visit: #J-18808-Ljbffr