Senior Manager, External Reporting
Chicago, IL - USA
Job Summary
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 nations 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 youre interested in joining our mission click the below links to join our team today!
At Cresco we aim to lead the nations 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 aSeniorManager External Reportingto join our corporate finance team in Chicago IL.TheSenior Manager External Reportingwill report to the Director of External Reporting & Consolidations andlead a team of external reporting analysts.Thisrole will own the month-end close for stock-based compensation(SBC)and other equity transactions lead the full implementation of the companys equity accounting system andown themonthly quarterly and annual filingsas required under Canadian Securities Regulations and the SEC.Our ideal candidate must beaself-starter who is highly organized with great attention to detail and thrives in a fast-paced environment
CORE JOB DUTIES
SEC Reporting
- Oversee thepreparationand review of monthly quarterly and annualCanadian Securities Regulations and SEC filings
- Oversee the preparation of theearnings per share (EPS) calculations including diluted share counts and weighted-average share activity
- Coordinate with auditors on audit requests
- Perform technical accounting research and prepare memos on complex equity and SBC transactions under U.S. GAAP
- Manage XBRL tagging
- Participatein special projects and ad-hoc requests as assigned
Stock-Based Compensation Month-End Close
- Own the full monthly close process for stock-based compensation including calculation journal entry preparation and account reconciliation
- Maintain and reconcile the SBC sub-ledger to the general ledgeron a monthly basis ensuring accuracy and completeness
- Track and account for all equity award activity including grants vesting forfeitures expirations and modifications
- Calculate and record expense for all equity award typesincluding stock options and RSUsusingCertent
- Coordinate withVP of Compensation & Workforce Strategyandpayroll on new hire termination and modification eventsimpactingequity awards
- Maintain effective internal controls over the equity close process and support SOX compliance documentation
Equity Accounting System Implementation
- Lead the full implementationCertent thecompanys equity accountingsystem
- Oversee data migration of historical equity grant data ensuring completeness accuracy and integrity of all records transferred to the new system
- Configure system award types vesting schedules valuation inputs and accounting treatment to align with company policy and U.S. GAAP
- Documentthebusiness processes system workflows and internal control procedures forCertent
- Design andvalidatesystem-generated accounting outputs ensuringaccurateintegration with the general ledger and financial reporting systems
- Build and test automated reconciliations between the equity platform payroll and the general ledger
- Serve as theprimary system administrator and subject matter expert post-implementation managing ongoing configurationand updates
People Management
- Lead mentor and develop a team ofexternal reporting analysts
- Set clear expectationsfor each team memberaroundtheirindividualrolesandresponsibilities
- Foster a culture of accountability professional judgment and continuous improvement
REQUIRED EXPERIENCE EDUCATION AND SKILLS
- Bachelors Degree in accountingor finance
- 7years of accounting experience (public accounting and/or external reporting at a publicly traded company)
- CPArequired
- Strong interpersonal skills and consistentfollow-throughon assigned tasks
- Experience with equity system implementation
- Experience with financial and reporting systems preferred( BPC Workiva)
- Deep knowledge of U.S. GAAPandSECreporting rules and regulationsisrequired
- Advancedproficiencyin MS Excel and MS Officerequired
- Ability to thrive within a post-start up fast-paced public company environment
- Ability to deal with ambiguity and change; able to act as a change agent
- Ability to work independently in a highly organized manner
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.
In accordance with any local and state compensation laws the compensation listed is the current estimated range for the position. Final offer details and future compensation may be determined by multiple factors including but not limited to geographic location market compensation data skills experience and other relevant factors. For questions about this please discuss with your recruiter during the interview process.
Pay Range
$130000 - $150000 USD
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
- The company does not offer employment-based visasponsorshipforthis role or any other position now or in the future. Applicants must be legally authorized to work in the United States on a permanent basis without the needforcurrent or futuresponsorshipat any time.
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.
Cresco Labs is aware of fictitious employment offers being circulated from various sources. Many of these schemes consist of an alleged offer of employment with Cresco Labs with the intention of gaining personal information including payment and/or banking information. Be aware that fraudulent job offers and correspondence may appear legitimate: they may feature a Cresco Labs logo they may appear to originate from an official-looking email address or web site or they may be sent by individuals purporting to represent Cresco Labs or an entity which includes the word Cresco Labs in its name.
Please note that Cresco Labsdoes notask for payment or personal banking information as a condition of employment. Any personal information is requested for payroll or state badging purposes only. Applications can be securely submitted through our careers are working diligently to block this from if an offer of employment looks too good to be true. Never divulge personal and banking information or send money if you are unsure of the authenticity of an email or other communication in the name of Cresco you are in doubt please contact us atwith questions.
Required Experience:
Senior Manager
About Company
Sunnyside is a new kind of dispensary, where cannabis meets wellness. Our mission is to show you how medical and adult use marijuana can make everyday life better. Visit us in New York, Illinois, Ohio, Arizona, Massachusetts, and more.