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/ [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.