About TerrAscend
TerrAscend is a leading TSX-listed cannabis company with a strong presence across the North American cannabis sector. Our vertically integrated operations span Pennsylvania, New Jersey, Maryland, Michigan, and California, while our retail footprint extends into Canada.
We proudly operate The Apothecarium, Gage, and other dispensary brands, alongside scaled cultivation, processing, and manufacturing facilities in our core markets.
At TerrAscend, our commitment to quality and consistency ensures that our cultivation and manufacturing practices produce premium cannabis products for both medical and adult-use markets. Our diverse portfolio includes synergistic businesses and brands such as:
- Gage Cannabis
- The Apothecarium
- Cookies
- Lemonnade
- Ilera Healthcare
- Kind Tree
- Legend
- State Flower
- Wana
- Valhalla Confections
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Comprehensive Employee Benefits
All benefits-eligible employees receive the following:
- Employee Discount (available to all employees)
- Paid Time Off (PTO) – Varies by state; please consult your recruiter for details
- Health, Vision, and Dental Insurance
- 98Point6 Remote Primary Care
- 401(k) with 4% Company Match (100% vested immediately)
- Employee Assistance Program (EAP)
- Paid Parental Leave
- Life Insurance
- Short & Long-Term Disability Coverage
- Flexible Spending Account (FSA)
- Wellness Program
Key Responsibilities
- Support Accounting Managers in driving the Month-End Close process for multiple entities.
- Participate in and, at times, oversee daily accounting tasks.
- Prepare and review ledger entries and accruals, with a focus on cultivated and manufactured inventory and related production costs.
- Ensure the accuracy and completeness of assigned balance sheet and profit/loss accounts, including monthly reconciliations.
- Collaborate with internal departments to enhance accounting processes related to cost of production, ensuring control, accountability, and efficiency.
- Conduct ad hoc analysis and special projects, including the implementation of a new ERP system (Epicor/Wherefour).
- Work closely with Accounting Managers, Controllers, Parent Company Accounting Group, external auditors, and tax accountants to support financial reporting and regulatory requirements.
Inventory Valuation & Management
- Analyze and collect data on costs related to raw material purchases, labor, and overhead expenditures that impact financial operations.
- Review and provide insights on manufacturing cost variances (e.g., Purchase Price Variance (PPV), Material Usage Variance, Labor Rate and Usage Variances, Overhead Spending Variances).
- Estimate costs for new and proposed products or services and recommend cost-saving initiatives.
- Provide management reports and analysis on manufacturing efficiency, comparing key profitability factors.
- Evaluate the impact of changes in product packaging, raw materials, and manufacturing methods on costs.
- Propose inventory optimizations and drive continuous improvement programs to reduce product costs in collaboration with Operations.
- Support month-end and year-end accounting processes, ensuring journal entries and financial analyses are completed accurately and on time.
- Assist in preparing operating budgets, including material costs, labor costs, and overhead expenses.
- Set up and update standard cost structures, ensuring accuracy in purchasing costs, routings, bills of materials, and labor rates.
- Design and implement inventory management controls, ensuring accuracy in inventory valuation, balance sheet reserves, and procurement processes.
- Monitor and enhance the cost accounting system, making recommendations for improved efficiency.
Experience & Qualifications
- Bachelor’s degree in Business or Accounting (CPA preferred). A Master’s degree in Supply Chain Management or CMA certification is a plus.
- 3+ years of progressive accounting experience, preferably in both public and corporate accounting.
- Manufacturing and Cost Accounting experience required.
- Strong knowledge of U.S. GAAP as it relates to inventory accounting.
- Experience in accounts payable, accruals, reserves, and inventory valuation.
- Familiarity with manufacturing processes, retail sales operations, sales and use tax, and public company audit compliance.
- Experience working in a highly computerized environment with ERP/accounting software (Epicor and Wherefour experience preferred).
- Advanced Microsoft Excel skills.
- Self-starter with a focus on accuracy, attention to detail, and ownership of work.
- Strong verbal and written communication skills, with the ability to interact across multiple departments and levels.
- Analytical, detail-oriented, and committed to integrity and professionalism.
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