Cost Accounting Manager

1 day ago Be among the first 25 applicants Direct message the job poster from District Cannabis Human Resources Business Partner at DCM, Inc. Growing medical and recreational cannabis manufacturers on the East Coast. Our mission is simple: grow the highest-quality weed at prices everyone can afford. We're looking for passionate people to join us in our mission to democratize cannabis-or as we like to say, to "Weed the People." With a dialed-in grow operation and a bold new brand refresh, we're ready to dominate the MD/DC market-and have a little fun while we're at it. Cost Accounting Manager Our Cost Accounting Manager is responsible for our cultivation and manufacturing P&Ls, including all cost accounting entries, ensuring financial records are in accordance with Generally Accepted Accounting Principles (GAAP). This individual will supervise one (1) Plant Controller who oversees our Washington D.C. locations. The Cost Accounting Manager will partner with the general managers of the facilities to prepare and report on monthly cultivation and processing performance, including analyzing and explaining manufacturing variances and associated spend variances. Your role in caring for our company: The essential functions include, but are not limited to the following: Oversee all financial aspects of the Maryland cultivation and manufacturing facilities, including budgeting, forecasting, and financial analysis. Supervise the D.C. Plant Controller, ensuring financial accuracy and completeness for the D.C. cultivation and manufacturing facilities. Manage and analyze product costing, ensuring accuracy and efficiency in cost allocation. Collaborate with production and operations teams to optimize cost structures and identify areas for cost reduction. Prepare and present timely and accurate financial statements and reports to senior management. Ensure compliance with accounting standards, regulations, and company policies. Conduct regular variance analysis to identify discrepancies between actual and budgeted performance. Provide insights and recommendations for improving operational efficiency and financial performance. Oversee inventory accounting processes, ensuring accurate valuation and reconciliation. Collaborate with production teams to optimize inventory levels. Participate in the development of annual budgets and forecasts for the facility. Work closely with department heads to align financial plans with operational goals. Conduct detailed cost analysis to identify areas for cost reduction and efficiency improvements. Analyze production costs, including raw materials, labor, and overhead, to ensure accurate cost allocation. Develop and maintain standard cost models for products/services. Work closely with production teams to ensure accurate and up-to-date cost data. Perform regular variance analysis to compare actual costs to standard costs and investigate discrepancies. Provide insights and recommendations to improve cost control and optimize operational processes. Oversee inventory accounting, including valuation, reconciliation, and cycle counting. Collaborate with production teams to monitor and control inventory levels. Prepare accurate and timely cost reports for management. Develop and maintain internal controls to safeguard the facility's assets and ensure accurate financial reporting. Stay abreast of changes in accounting standards and regulations affecting the cannabis and manufacturing industry. Team Leadership & Performance Analytics Collaborate effectively with the Human Resources Department and appropriate partners to implement and manage the company's policies and procedures. Partner with the Human Resources Department to monitor staff performance, provide timely feedback, along with development goals, assign accountabilities, set objectives, establish priorities, and conduct annual performance evaluations. Retain and develop top performers by understanding individual's motivations and providing actionable feedback. Addresses low performance quickly, compassionately, and in alignment with company policies. Manage employee's scheduling, basic time off requests, performance reviews, etc. All other duties as necessary. Qualifications we ask you to have: For legal reasons, all employees need to be at least 21 years of age. You will be asked to pass a Federal and State criminal history background check. We ask that you have a Bachelor's degree in Accounting Finance, or related field. We prefer a CPA or CMA certification. We ask that you have a minimum of six (6) years of extensive experience with cost accounting, standard costing, inventory accounting, and other associated areas. We ask that you are proficient in ERP systems and financial software. We ask that you have in-depth knowledge of cost accounting principles and practices. We ask that you have excellent leadership skills, with steadfast resolve, personal integrity, and business acumen. Addition skills which will help you excel in your role: Knowledge of industry regulations and compliance standards related to ERP systems and state regulated tracking software. Comprehensive knowledge of ERP implementation and solutions. Excellent project management skills and the ability to manage multiple projects simultaneously. Strong attention to detail. Excellent verbal and written communications skills. Ability to foster collaboration, be a team player, though also independent and self-motivated. Coachable and can take full ownership of personal development, regularly soliciting feedback from teammates including those supervising, colleagues, and supervisor/s. Ability to work at a fast pace in a high production environment! Comply with all HR policies including confidentiality and non-disclosure. Maintain open communication with the management team and other co-workers. Strong work ethic, integrity, and desire to be accountable, transparent, and proactive. A great attitude and curiosity for the overall health of a business. Work Schedule/Location: This position will be hybrid, being on-site at our cultivation, manufacturing, and retail sites as needed. Please make sure you are willing and able to perform the following: Reasonable accommodation(s) may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, you will be regularly asked to talk or hear. You will frequently use your hands or fingers to handle or feel objects, tools, or controls. Occasionally, you will need to stand/walk/sit, and reach with hands and arms. You will be asked to occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate. Employee Assistance Plan Short-Term Disability Life Insurance AD&D 401K DCM Product/Merch Discounts Paid Time Off Competitive pay Industry Discounts Discretionary Bonus Equal Opportunity and Affirmative Action DCM Inc. is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. DCM Inc. is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at DCM Inc. are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. DCM Inc. will not tolerate discrimination or harassment based on any of these characteristics. Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at District Cannabis by 2x Get notified about new Cost Accounting Manager jobs in Hagerstown, MD . Frederick, MD $80,000.00-$105,000.00 1 month ago Chambersburg, PA $100,000.00-$120,000.00 1 month ago Hagerstown, MD $102,800.00-$176,800.00 1 week ago Sr Finance Manager - International Controller Hagerstown, MD $117,000.00-$202,400.00 1 week ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr