Cannabis Accountant 280e Specialist For Operational Cannabis Business Jobs

CANNABIS ACCOUNTING, 280E STRATEGY & CFO SERVICES

The cannabis industry is rapidly growing and thriving, but cannabis business owners are still facing massive challenges.

Cannabis companies must carefully manage their financial practices to keep up with the ever-increasing competitive landscape and complex regulations.

Your experience should include expertise in the following categories:

1) You are passionate about the cannabis space, and have developed the expertise to navigate the challenges of this intricate industry.

2) In depth and complete understanding of the 280E tax class code for Taxpayers Trafficking in a Schedule I or Schedule II Controlled Substance --Capitalization of Inventoriable Costs

Office of Chief Counsel

Internal Revenue ServiceMemorandumNumber: 201504011Release Date: 1/23/2015CC: ITA: 6 – LFNolanIIPOSTS-125750-13UILC: 280E.00-00, 61.00-00, 263A.00-00, 446.00-00, 446.01-00, 471.00-00

3) Bookkeeping responsibilities to remain in auditory compliance at all times.

- Day to Day accounting oversight, Month-end closing work includingreview of Bookkeeper/recordkeeper input & support docs. Completion of ourproprietary Month End Process, including our Month End Trial balance tie out report(reconciles all balance sheet and major P&L accounts) Inventory Operation workpapers,cost accounting and GAAP support/AJEs, Inventory reports, preparation of monthlystand alone financials (and consolidations/combined reports), & dashboard/analytics.Creation of and monthly maintenance of client owned Perpetual Data Room hosted onthe cloud including our document management process so your files (legal, accounting,hr, etc) are auditor/investor/lender ready any time, all the time.

4) With the labyrinth of regulatory complexities, it’s reported that 1 of 5 cannabis companies are audited and we need to be prepared for audit at any/all times.

5) Rolling cash forecast, strategic planning, Transaction support, and duediligence support for capital sourcing, acquisitions, and divestitures. Acting as liaisonbetween banks, attorneys, brokers, agents, buyers, etc.

Additional job duties as required by ownership.

Great reference articles:

https://info.enjoywurk.com/cannabis-resource-center/280e-tax-deductions-compliance-strategy-explained

https://www.thetaxadviser.com/issues/2018/aug/inventory-accounting-cannabis-businesses.html

Job Type: Full-time

Pay: $50,000.00 - $70,000.00 per year

Benefits:

• 401(k)
• Dental Insurance
• Health Insurance
• Paid Time Off

Schedule:

• Monday to Friday
• On Call

Supplemental Pay:

• Bonus Pay

COVID-19 considerations:We will be giving you a private office to work in where you will be able to keep social distancing from customers and other employees.

Experience:

• 280E Accounting: 1 year (Required)
• Relevant Accounting: 2 years (Preferred)

Education:

• Bachelor's (Required)

This Job Is Ideal for Someone Who Is:

• Dependable -- more reliable than spontaneous
• Detail-oriented -- would rather focus on the details of work than the bigger picture
• Achievement-oriented -- enjoys taking on challenges, even if they might fail
• Autonomous/Independent -- enjoys working with little direction
• High stress tolerance -- thrives in a high-pressure environment

This Job Is:

• A job for which military experienced candidates are encouraged to apply
• A “Fair Chance” job (you or the employer follow Fair Chance hiring practices when performing background checks)
• A job for which people with disabilities are encouraged to apply

Additional Duties:

• Recordkeeping
• Account reconciliation
• Invoice processing
• Data entry

Company's website:

• www.bloombrothers.com

Company's Facebook page:

• https://www.facebook.com/bloombrothersma

Benefit Conditions:

• Waiting period may apply
• Only full-time employees eligible

Work Remotely:

• No

Apply for this job with Slang Inc DBA Bloom Brothers

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