Senior Analyst, Cost Accounting

Location: Massachusetts, MA

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Job Posted
Mar 30, 2024
Company: Cresco Labs, LLC

Company & Role Overview

Summary

COMPANY OVERVIEW

MISSION STATEMENT

JOB SUMMARY

CORE JOB DUTIES

  • Subject matter expert for cost and inventory accounting.
  • Responsible for processing and preparation of the inventory analysis cost model for at least one market.
  • Acts as liaison with operations for the market(s) associated with the assigned cost model(s).
  • Partner with the operational teams across the organization on key cost projects.
  • Prepare inventory analysis and valuation on a quarterly basis, with estimates and other key assumptions developed monthly.
  • Calculates inventory reserve schedules on a quarterly basis.
  • Prepares cost estimates and required KPI's monthly.
  • Prepare schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes.
  • Assist with preparation of financial statement analytics on a quarterly basis.
  • Assist with operational cost model and SKU-level analysis initiatives to provide improved profitability reporting. Skilled at turning data and trends into insights to assess performance and impact business decisions.
  • Participate in and/or lead monthly and quarterly meetings with operational teams to support the growth of the business and share key cost findings. Ensure changes in operations are reflected in financial results, forecasts, and cost models.
  • Assist with the continuous improvement of processes and procedures as the company expands in both new and established markets.
  • Prepare and update documentation of business processes and accounting policies to maintain and strengthen internal controls.
  • Interact with external auditors for quarterly reviews and year-end audit.

REQUIRED EXPERIENCE, EDUCATION AND SKILLS

  • Bachelor's Degree in accounting or business with accounting concentration.
  • 3+ years accounting experience (cost/inventory accounting highly preferred).
  • Advanced to Expert proficiency in MS Excel required, including working with large amounts of data, complex functions, and nested formulas. Power Query proficiency preferred.
  • Experience with financial systems (Intacct and BPC helpful) with knowledge of data structure and reporting requirements.
  • Ability to travel to Uxbridge, MA, and Fall River, MA facilities on a monthly basis. Available to work some nights and weekends during quarter close.
  • Strong interpersonal skills and consistent follow through on assigned tasks.
  • Enjoys working in a start-up, fast-paced environment.
  • Easily adapts to shifting priorities or directives, deadline-driven.
  • Ability to work independently in a highly organized manner and demonstrate sound judgment.
  • Experience working directly with external auditors preferred.

BENEFITS

COMPENSATION

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

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Company BenefitsBenefits for this job may vary.

401(k) with Company Match, Career Advancement, Dental, Medical, & Vision Benefits, Flexible Time Off / Unlimited Vacation, Inclusive Environment, Paid Parental Leave, Paid Time Off to Volunteer, Relaxed / Casual Dress Code, Short-Term & Long-Term Disability

Working Environment

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About Cresco Labs, LLC

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEED initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all in cannabis. At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.