Cannabis Senior Manager Cost Accounting Analysis Jobs

Recently named one of Entrepreneur magazine's Top 100 Cannabis Leaders, Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods ("CPG") approach to cannabis, Cresco's house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi and Mindy's, a line of edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside*, Cresco's national dispensary brand is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco has launched the industry's first national comprehensive Social Equity and Educational Development (SEED) initiative designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry.

At Cresco, we aim to lead the nation's cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to.

JOB SUMMARY

Cresco Labs is seeking a Senior Manager, Cost Accounting and Analysis to join our corporate finance team in Chicago, IL. This individual will report to the Regional Controller and will be responsible for overseeing cost accounting and analysis for the region, including all manufacturing facilities, as well as distribution and retail inventory. Key areas of responsibility include: cost accounting under U.S. GAAP, operational cost models and SKU-level profitability analysis, cost model standardization and improvement projects, and ad hoc cost projects to support the business. This individual will also be a key contributor to the implementation of cost accounting modules as part of the company's ERP and other related system implementations. Our ideal candidate must be highly detail oriented as well as proactively identify areas for improvement and ways to support our operational teams, balancing strong theoretical accounting knowledge with business acumen.

CORE JOB DUTIES

• Manage and coach a team of 3+ senior cost analysts and/or managers
• Subject matter expert for cost and inventory accounting
• Cost Accounting
• Oversee cost accounting, including product and process cost models for GAAP reporting for the region
• Drive the improvement and standardization of cost models both for the region and across the business
• Guide the team to build models from scratch for ongoing and ad hoc analysis
• Prepare and review inventory analysis, valuation, and impairment on a quarterly basis
• Prepare and/or review schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes
• Review and/or provide key assumptions and analysis for inventory reserve analysis
• Assist with preparation and/or review of the consolidated financial statements and footnotes for cost and inventory areas
• Cost Analysis
• Provide periodic (monthly/quarterly) operational cost analysis for the Regional President and Operations SVP
• Drive operational cost model and SKU-level analysis initiatives to provide improved profitability reporting
• Proactively identify areas to improve profitability and business results by leveraging cost models and analysis
• Work directly with operational and site teams on special projects and initiatives related to cost and inventory
• Participate in and/or lead monthly and quarterly meetings with operational teams and leadership to support the growth of the business and share key cost findings
• Assist with implementation of additional/updated cost accounting modules and add-on reporting systems, including an ERP
• Assist with implementation of SOX controls for cost accounting, including building out documentation
• Help drive the continuous improvement of processes and procedures as the company expands in both new and established markets
• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Support the year-end financial audit and tax preparation process
• Work cross functionally with company departments and external partners on key operational projects and cost accounting and reporting requirements
• Help oversee the implementation of accounting policies and procedures as the company expands into new and established markets

REQUIRED EXPERIENCE, EDUCATION AND SKILLS

• Bachelor's degree in accounting or business degree with accounting or finance concentration. CPA preferred.
• Minimum 10-12 years accounting experience (can be mix of public accounting and industry) with demonstrated experience in the area of cost accounting and analysis required
• 3 years of previous management experience required
• Experience at large, publicly traded manufacturing companies strongly preferred
• Plant controller experience strongly preferred
• Strong business knowledge and acumen with demonstrated heavy exposure to and partnership with operations required
• Excellent interpersonal, communication, and presentation skills required
• Extensive hands-on experience with financial accounting systems (Intacct helpful) and ERP (SAP highly preferred) with knowledge of data structure and reporting requirements
• Experience with cost accounting/ERP system implementation strongly preferred
• Advanced proficiency in MS Excel (including pivot tables and V-lookup functions) and MS Office required, including working with large amounts of data and building models from scratch
• Tableau experience preferred
• Enjoys working in a fast-paced environment, proactively problem-solving, and driving process creation and improvement
• Ability to work independently in a highly organized manner
• Ability to balance competing priorities

COVID-19 REQUIREMENTS

Cresco Labs requires that all corporate employees be fully vaccinated against the COVID-19 virus on or before September 30, 2021. If you are offered and accept a position, you will be required to prove your vaccination status prior to when your employment begins. If you require a medical or religious accommodation with regard to vaccination, please let us know once you receive an offer of employment (if applicable).

ADDITIONAL REQUIREMENTS

• Must be 21 years of age or older to apply
• Must comply with all legal or company regulations for working in the industry

Cresco Labs is an Equal Opportunity Employer and all applicants will be considered without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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