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Manager, Cost Accounting - East Coast

Cresco Labs
UKRemotefull_timeVerifiedPosted 8 Aug 2024
💰 $110,000/yr($100,000/yr$110,000/yr)

About the role

COMPANY OVERVIEW

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 SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses 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. 
 
If you’re interested in joining our mission, click the below links to join our team today!

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 Manager, Cost Accounting to join our corporate finance team on the east coast. This individual will report to the Director, Cost Accounting and Analysis and will be responsible for overseeing cost accounting and analysis for certain of the company’s divisions. Key areas of responsibility include cost accounting under U.S. GAAP using manual financial modeling, ownership of the COGS P&L, SKU-level profitability analysis, and ad hoc cost projects to support the business. 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.

This position is fully remote; however, the candidate must be based on the East Coast and will be required to travel monthly to facilities within the assigned region.

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

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Company

Cresco Labs

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