Cost Accountant

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Reporting to the Director of Finance, the Cost Accountant is responsible for the tracking of inventory and associated costs to ensure timely and accurate reporting of the financial results of the Company.

Responsibilities:

  • Responsible for all areas of inventory costing including labor, material, machine and overhead cost analysis including:
    • Determining costs of raw material purchases, supplies and labor
    • Analyzing manufacturing costs to determine appropriate overhead rates
    • Reconcile monthly accounts to ensure inventory, cost of goods is accurate
  • Preparation of monthly inventory and costing reports to management including margin analysis by product line
  • Maintain inputs into cost accounting system
  • Conduct physical inventory counts and reconcile with system reports
  • Work with operations team to ensure reliable costing of new products being developed
  • Prepare sales invoices, ensuring accuracy with contract terms
  • Assist in the compilation of information for external auditors on a quarterly basis
  • Assist with other monthly accounting responsibilities as required

Qualifications:

  • 1-3 years experience in a cost accounting role, ideally in a manufacturing setting; public company experience an asset
  • University Degree or College Diploma with a focus on Accounting and Finance; CPA designation or CPA student preferred
  • Proficiency in MS Office (MS Excel and MS Word in particular)
  • Experience with ERP software, ideally Microsoft Dynamics / Business Central
  • High degree of accuracy with strong attention to detail
  • Excellent time management skills and ability to multi-task and prioritize tasks
  • Strong organizational and planning skills in a fast-paced environment
  • Excellent written and verbal communication skills
  • A creative mind with an ability to suggest improvements
  • Criminal record check required

If your experience and skill set aligns with the above please submit your resume to careers@thevalenscompany.com with subject line ‘Cost Accountant application.’

 

About The Valens Company

The Valens Company is a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products. The Company is focused on being the partner of choice for leading Canadian and international cannabis brands by providing best-in-class, proprietary services including CO2, ethanol, hydrocarbon, solvent-less and terpene extraction, analytical testing, formulation and white-label product development and manufacturing. Valens is the largest third-party extraction Company in Canada with an annual capacity of 425,000 kg of dried cannabis and hemp biomass at our purpose-built facility in Kelowna, British Columbia which is in the process of becoming European Union (EU) Good Manufacturing Practices (GMP) compliant. The Valens Company currently offers a wide range of product formats, including tinctures, two-piece caps, soft gels, oral sprays and vape pens as well as beverages, concentrates, topicals, edibles, injectables, natural health products and has a strong pipeline of next-generation products in development for future release. Finally, the Company’s wholly-owned subsidiary Valens Labs is a Health Canada licensed ISO 17025 accredited cannabis testing lab providing sector-leading analytical services and has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant-Based Science. For more information, please visit http://thevalenscompany.com. The Company’s investor deck can be found specifically at http://thevalenscompany.com/investors/


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