Financial Accountant

Good Day Farm
Oxford, MS
$45k - $60k

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Job Description

Job Description

The Financial/Cost Accountant is responsible for assessing business expenses and preparing optimized budget plans. Primary responsibilities include reviewing financial records, researching the market rate for key business costs and adjusting the company ledger to accurately reflect balance sheets. The financial/cost accountant position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The financial/cost accountant must also construct and monitor those data accumulation systems needed to provide an appropriate level of costing information to management.

Essential Duties and Responsibilities

  • Collecting and analyzing data about a company’s operational costs

  • Setting standard costs of manufactured goods

  • Developing and analyzing cost standards

  • Carrying out cost-volume-profit analysis

  • Establishing costs of business processes such as administration, labor, shipping, etc.

  • Performing account reconciliations

  • Preparing audit reports and presenting their findings to management

  • Recommending changes to the company’s processes and policies to reduce cost and maximize profit

  • Advising executives and upper management on appropriate costing based on financial data

  • Monitoring unit cost variance

  • Reconciling beginning raw materials, work-in-progress and finished-goods stock

  • Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.

  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs

  • Making estimates of new and proposed product costs

  • Providing management with reports specifying and comparing factors affecting prices and profitability of products or services

  • Assisting in Month end close of the General Ledger

Minimum Requirements

  • Minimum of 3 years of Cost Accounting experience

  • Minimum of 1 year of Cannabis industry experience

  • Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principals

  • Computer Literate – Strong Excel and accounting software skills

  • Experience working with engineering and manufacturing personnel on development and analysis of cost standards

  • Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports

  • Bachelor's degree in accounting required

  • Applicant must be 21 years or older

  • State/Federal background checks are required

Physical Requirements

  • The ability to complete fine motor functions

  • Lifting, standing, sitting, walking, bending, reaching, push/pull, repetitive use of hands, grasping use of hands, visual activity

Job Type: Full-time

Pay: $45,000.00 - $60,000.00 per year


  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off

Physical Setting:

  • Office


  • 8 hour shift
  • Monday to Friday

Ability to commute/relocate:

  • Oxford, MS 38655: Reliably commute or planning to relocate before starting work (Required)


  • Bachelor's (Required)


  • Accounting: 3 years (Required)
  • Cannabis Industry: 1 year (Preferred)


  • CPA (Preferred)

Shift availability:

  • Day Shift (Required)

Work Location: One location