Manager, Cost Accounting

Location: Chicago, IL

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Job Posted
Apr 18, 2024
Company: Cresco Labs, LLC

Company & Role Overview

Summary

COMPANY OVERVIEW

MISSION STATEMENT

JOB SUMMARY

CORE JOB DUTIES

  • Manage and coach at least one senior accounting analyst.
  • Subject matter expert for cost and inventory accounting.
    • Oversee cost accounting program, including product and process cost models for GAAP reporting for specific markets.
    • Prepare and review inventory analysis, valuation, and impairment on a quarterly basis.
    • Prepare and review schedules used in monthly, quarterly and annual reporting for both internal and external reporting purposes.
    • Assist with the preparation and review of the market-specific financial statements for cost and inventory areas.
    • Provide periodic (monthly/quarterly) operational cost analysis for the company's markets.
    • Assist with 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, analysis, and business partnerships with operations.
  • Work directly with operational and site teams on special projects and initiatives related to cost and inventory.
  • Lead monthly and quarterly meetings with operations teams and leadership to support the growth of the business and share key cost findings.
  • 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 closely with external auditors to ensure regulatory compliance of our inventory costing positions.
  • Work cross functionally with company departments and external partners on key operational projects and cost accounting and reporting requirements.
  • Responsible for the implementation of accounting policies and procedures as the company expands into new and established markets.
  • Travel to multiple facilities within assigned regions.

REQUIRED EXPERIENCE, EDUCATION AND SKILLS

  • Bachelor's degree in accounting or business degree with accounting or finance concentration.
  • 6+ years accounting experience (can be a mix of public accounting and industry) with demonstrated experience in manufacturing cost accounting and analysis.
  • Experience at large, publicly traded manufacturing companies highly preferred.
  • CPA preferred.
  • Strong leadership presence and ability to influence decisions and work together across all levels of leadership, including executive leadership.
  • Excellent interpersonal and critical thinking skills
  • Natural curiosity and ability to understand complex manufacturing processes.
  • Ability to manage upward and coordinate/communicate with more senior roles.
  • Strong business knowledge and acumen with demonstrated heavy exposure to and partnership with operations.
  • Extensive hands-on experience with financial accounting systems (Intacct helpful) and manual financial modeling
  • Advanced proficiency in MS Excel (including pivot tables and X-lookup functions) and MS Office required, including working with large amounts of data.
  • Enjoys working in a post start-up, fast-paced environment.
  • Ability to work independently in a highly organized manner.
  • Ability to efficiently handle ambiguity and change; able to act as a change agent.
  • Ability to travel 25% of the time to facilities within assigned regions.

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.