Inventory Cost Analyst

Description

Job Title : Inventory Cost Analyst

Reports to : Head of Finance

We are a collective of passionate and energetic cultivators and retailers working toward a singular mission : to grow clean and potent cannabis. For over a decade, we have strived to change the way people think about the industry. It's more than just what we do - it's who we are. From humble backyard beginnings to state-of-the-art grow facilities, we're always searching for ways to perfect the process and take our jungle to new heights. Sharing our successes, challenges, and experiences with our community, we're proud to inspire and educate the next generation of cannabis enthusiasts.

Jungle Boys is searching for a skilled and detail-oriented Inventory Cost Analyst. As a Inventory Cost Analyst, you will be responsible for ensuring accurate inventory valuation, reconciling inventory transactions, and supporting the organization's financial reporting needs. The ideal candidate will have a strong understanding of accounting principles, excellent problem-solving skills, and experience in inventory management.

Requirements :

• Inventory Accounting & Reconciliation :
• Monitor and reconcile inventory accounts to ensure accuracy and compliance with accounting standards (US GAAP).
• Perform cost analysis and inventory valuation, including FIFO, LIFO, or weighted average methods.
• Investigate and resolve discrepancies between physical and recorded inventory levels.
• Reporting & Analysis :
• Prepare regular inventory reports, including stock levels, turnover rates, and valuation metrics.
• Collaborate with operations and finance teams to provide actionable insights for inventory management.
• Support month-end and year-end close processes related to inventory accounts.
• Run periodic time studies on manufactured goods by category to ensure the financial reporting accuracy for cost of goods sold.
• Systems & Processes :
• Maintain and improve inventory tracking systems in collaboration with IT and operations teams.
• Ensure compliance with internal controls, company policies, and regulatory requirements.
• Assist in developing and implementing inventory management best practices.
• Audit & Compliance :
• Support internal and external audits by providing necessary documentation and explanations.
• Ensure adherence to GAAP or IFRS standards in inventory-related activities.

Qualifications

Preferred Qualifications

This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of the Employer.

Physical and Mental Demands :

While performing the duties of this job, the employee is frequently required to remain in a stationary position, move and position oneself, communicate, operate, and prepare, and place, and position objects, tools, or controls. The employee must occasionally move packages weighing up to 20 lb. Specific vision abilities required by this job include close observation and the ability to adjust focus. The mental and physical requirements described here represent those that must be met by an individual, with or without reasonable accommodation, to perform the essential functions of this position successfully.

Working Environment :

Work is performed in a manufacturing environment. The noise level in the work environment can range from low to high. Temperatures in the work environment range from cold and dry to warm and humid, respective to the product processes and plant lifecycle. The work environment requires the use of PPE at all phases, and strict cleaning and cross-contamination protocols. The product and plants are agriculture goods that have the ability to produce odors that may linger, can penetrate clothing, and heighten senses.

EEO Statement :

Jungle Boys is proud to be an equal-opportunity employer. We prioritize an environment of inclusion, diversity, and social justice and are committed to securing a better, brighter way forward for our employees, markets, and communities.