Position:  Cost Accountant
Location:  Petrolia, Ontario
Job Id:  985
# of Openings:  1

Cost Accountant, Petrolia, Ontario
Tilray is a federally licensed producer of medical cannabis. We are committed to setting the gold standard of care and excellence in our industry. We believe that commitment starts with a great work environment and benefits for our associates.
Looking to develop your career at the forefront of a rapidly expanding industry?
Ready to apply your talents to make a positive difference in the lives of patients across the country?
Roles and responsibilities
Relationship Management
  • Build strong relationships with plant personnel and operations to develop strong understanding of business operations, which will assist in the monthly accounting activities and product costing
  • Primary point of contact for plant and operations personnel on all inventory related accounting matters
  • Work closely to provide financial support to other departments and other Tilray/High Park facilities
Internal Controls
  • Develop and maintain all internal controls to comply with SOX and monitor and ensure adherence to all controls
  • Assist in quarterly and annual external and internal financial and SOX audits
  • Document policies and procedures, and cross-train other Finance/Accounting staff
  • Ensure the input of financial data is accurate, correct and complete
  • Control monthly inventory counts and facilitate annual/year-end inventory count together with operations department
Daily & Monthly Activity
  • Prepare and analyse the monthly Costing Model
  • Ensure that all monthly, quarterly, and annual financial accounting activities are completed in a timely and accurate manner
  • Perform all aspects of cost accounting including the preparation, review and analysis of product inventory costing, standard costing, overhead allocation, variance analysis and related month end processes. 
  • Monitor production cost variances and related exception reporting to promptly identify key variances from standard costs.  Identify root causes and review recommendations with operations management daily to eliminate key variances.  
  • Perform technical accounting tasks including the preparation of JE’s, balance sheet reconciliations, periodic closing, monthly accruals and intercompany balance reconciliation,
  • Conduct intercompany balance reconciliation, monthly accruals, journal entry logs and and audit binder
  • Participate in quarterly inventory reserve calculations
  • Work with management to establish and maintain accurate reporting of product costs, margins and similar management reports to improve operations.  
  • Assists in the preparation of annual budgets, lending technical and analytical expertise for the development of labor efficiencies, rates, overhead and raw materials.
  • Bachelor’s Degree in Accounting or Finance required
  • CPA designated or within 6 months of completion preferred.
  • Minimum of 3 years full cycle accounting experience is required.
  • Experience within manufacturing, pharmaceutical or GMP is an asset
  • Experience with sophisticated ERP systems is required
  • Advanced competency in Microsoft suite, including effective working skills of MS Word, PowerPoint and e-mail and advanced Excel skills.
  • Strong analytical skills with the ability to work with large volumes of data and identify the most critical points.
  • Self-motivated individual who will drive process improvements where needed. 
  • Effective written and verbal communication skills as well as presentation skills. 
  • Highly flexible with solid interpersonal skills to handle ambiguities and continuous improvement
  • Able to work independently and as part of a team coupled with the ability to multi-task in a fast-paced environment with competing priorities.

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