Cronos is an innovative global cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology, and product development. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos' diverse international brand portfolio includes Spinach, PEACE NATURALS and Lord Jones. For more information about Cronos and its brands, please visit: https://thecronosgroup.com/.
At Cronos Group, we hire talented people who thrive on solving difficult problems and give them the opportunity to hone new skills and approaches. If you want to play a part in shaping an innovative industry and help build a historically significant company, we want to meet you.
Cronos Group is seeking a Plant Controller who will work within the Finance department and report to the Director, Cost Accounting. As the Plant Controller, you will manage plant accounting processes and support the manufacturing facility in Canada. This role will manage product costing, inventory reconciliation, analysis of material, labor and overhead variances, and development of internal controls. This role also supports business initiatives such as product launches, manufacturing process changes, annual budgeting & forecasting, and plant capital project oversight.
This position is based out of Stayner.
What you'll be doing:Provide financial partnership to VP of Operations at the manufacturing facility, compile and analyze financial data to identify trends and provide insights for decision-making
Lead the development and maintenance of accurate standard costs in SAP ERP system
Analyze manufacturing allocation of labor and overhead for Production Cost Centers & Finishing and Packaging departments and create management action plans
Provide P&L explanation for key variances in Price, Mix, Volume and Cost Drivers
Identify trends in production unit performance and provide recommendations for improvement
Lead effort to develop plant metrics that give an overall assessment of plant performance
Responsible for providing the organization and management with appropriate financial and operating information. Collaborate with other department groups to obtain and compile relevant financial data
Prepare annual budget in accordance with corporate FP&A process and manage the budget and estimates monthly throughout the year
Partner with Materials manager and Procurement to reduce inventory balances to an acceptable plant level
Lead the effort to identify and track cost savings improvements for the plant
Participate in continuous improvement projects to help drive improvement and positive changes that reduce obsolescence and waste
Supervise plant counts and review inventories of fixed assets, finished products, work in process, raw materials, packaging and spare parts in the maintenance rooms
Review/update and create standard cost for each SKU for finished goods or WIP
Ensure all plant personnel and supervisors are adequately trained in all required accounting procedures, audit and review as needed
Review and approve plant requisitions as needed. Responsible for making sure that the proper general ledger account and cost centers are correctly applied and plant adherence to the capitalization policy
Review CAPEX projects and assist with determination of ROI calculations
Coordinate with quality to ensure inventory on Quality Hold is tracked and released or dispositioned timely
Maintain strong internal controls over plant assets and transactions, adhere to corporate policies and external regulations
Identify financial and operational risks and develop appropriate management action plans to mitigate risks and plant loss
Supervise and motivate plant accountants and ensure successful completion of duties and reports
Provide ad-hoc reporting, analysis or business support as required by management
You'll need to have:Bachelor's degree in accounting or finance, or related field CPA designation (preferred)
5 years of progressive finance/accounting experience, including 2+ years in a plant controller or cost analyst role
Experience with Inventory Management and Supply Chain partnership
Accounting experience with Inventory Valuation and Reserves adjustments
Experience implementing new policies and procedures
Capable of identifying and implementing improvements that drive efficiencies and drive business performance
Hands-on team player, able to interact professionally with all levels
Leadership and collaborative capabilities to work with a broader finance team as well as all levels in a manufacturing environment; Prior experience in manufacturing or cultivation environment is preferred
Proven analytical, problem solving and organizational skills
An effective communicator with excellent verbal and written skills
Self-motivated, goal-oriented with ability to work under tight deadlines and possesses attention to details
Works well under pressure, change and ambiguity, and leads by example
Advanced Excel and a Solid knowledge of SAP ERP system is preferred, but not required
We are committed to fostering a diverse and inclusive work environment, and we welcome and encourage applications from people with disabilities and people with diverse backgrounds, identities, and cultures. For candidates with disabilities, accommodations are available upon request in all phases of the selection process.
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