Controller

Cresco Labs Chicago , IL 60602

Posted 2 months ago

COMPANY OVERVIEW

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.

MISSION STATEMENT

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 Controller to join our corporate team based out of our Chicago, IL office. This individual will report to the CFO, forming part of the Controllership leadership team at Cresco Labs. As interim controller, this individual will lead all financial reporting functions for the company, ensuring that financial statements are accurate, complete and in accordance with compliance requirements, corporate policies and industry practices. This high-visibility leader will also be a key contributor to finance special projects, including implementation of standard costing across the business and merger/acquisition integration activities. We are seeking a high-energy, dynamic, and ambitious individual who wants to make an impact - this role will have upper management visibility and work on intellectually stimulating, cross-functional projects that are critical to Cresco Labs.

CORE JOB DUTIES

  • Lead and mentor a large team of accounting professionals

  • Oversee month, quarter, and year-end close for the company, both cost and GL accounting

  • Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained

  • Manage capital assets and work cross-functionally on process improvements

  • Review of key balance sheet reconciliations and documentation

  • Review and ensure key financial statements for consolidation for leadership reporting packages

  • Ownership of relevant statutory reporting and intercompany/tax requirements

  • Oversee quarterly review and annual audit by ensuring accuracy and timeliness of support schedules and audit request; work with peers to streamline audit process

  • Work cross-functionally with FP&A, operations, and commercial leadership to improve collaboration and internal reporting/decision-making

  • Implement, document and maintain adequate and effective internal controls, leading to SOX implementation

  • Implement, document and maintain adequate and effective processes to improve the close and reporting cycles to ensure timely and accurate reporting

  • Responsible for ensuring compliance with all applicable laws, rules, and regulations

  • Oversee and drive key projects for Finance, including standard costing, intercompany standardization, and other cost analysis projects to support ERP implementation

  • Support finance integration projects; lead integration of new acquisitions for certain accounting areas, carveouts and divestitures

  • Drive accountability and change for key projects, including managing both up and down the leadership structure

  • Proactively seek to identify issues and solve problems; plan to avoid delays and get ahead of pending issues

  • Reach solutions for complex accounting challenges, collaborate with the Technical Accounting team for accounting research, and work with accounting and finance teams to implement changes. Ensure controls are established to support SOX compliance

  • Provide guidance to accounting teams on changes and assist in accounting review for newly implemented processes

  • Oversee, draft accounting memos and process documentation

  • Oversee, draft training materials and administer training to accounting and finance team members

  • Lead ad hoc projects

REQUIRED EXPERIENCE, EDUCATION AND SKILLS

  • Bachelors and/or Masters Degree in Business Administration with an emphasis in accounting or finance

  • CPA or CMA required

  • 15 + years' experience in the accounting and finance sector, with strong career progression, required

  • 5+ years in managerial positions in controllership or finance required

  • Proficient technical skills including use of MS Office, Google Drive, and Sales Force CRM software

  • Strong organizational and communication skills required

  • Large, public company experience is required (role as an auditor is acceptable)

  • SOX experience required

  • "Big Four" or national accounting firm audit experience is strongly preferred

  • Cost accounting/manufacturing experience strongly preferred

  • ERP system experience required, SAP experience preferred

  • Ability to navigate ambiguity, be a self-starter, and take initiative are requirements for success

BENEFITS

Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D. We also offer eligible employees paid holidays and paid time off. Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position.

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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Controller

Cresco Labs