Manager, Corporate Tax at Cresco Labs | Powderkeg

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 Corporate Tax Manager. The Corporate Tax Manager will report to the Vice President of Tax and has responsibility for income tax related matters. This position’s main focus will include review of tax provision calculations and disclosures for quarterly and annual public filing requirements. In addition, this position is responsible for reviewing federal and state income tax returns, preparing tax forecasts, participating in the tax integration of new businesses and acquisitions, as well as assisting with special projects as needed. The position interacts with external and internal financial statement auditors, external investors, and C-Suite level personnel. Our ideal candidate must be a self-starter who is highly organized with great attention to detail.

**CORE JOB DUTIES **

  • Review the quarterly and annual tax provision under both IFRS and GAAP principles
    • Manage the current and deferred income tax reporting process, including tax account balance reconciliations, tax basis balance sheet adjustments, valuation allowance analyses, and deferred tax asset/liability rollforwards
    • Review global uncertain tax positions, while working in conjunction with advisors on legal and regulatory changes
    • Review quarterly tax accounting journal entries
    • Work closely with corporate accounting team to ensure proper tax reporting under both IFRS and GAAP principles
    • Interface directly with external audit firm, who will also be available to assist the Corporate Tax Manager with any technical and software questions
  • Review and prepare schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes
  • Mentor and manage fellow tax department members
  • Tax compliance review, research, and planning. In conjunction with the main tax compliance team:
    • Review annual US federal, state and local, and foreign income tax return filings. This includes federal Forms 1120, 1065, 5471, 5472, and related state income tax forms
    • Review workpapers, schedules, calculations and other items related to federal tax return filings, estimated tax payments, extension payments, and tax sharing agreements
    • Manage the tax audit and notice processes with the IRS and relevant state and local taxing jurisdictions
    • Work closely with Treasury and Financial Planning & Analysis groups on tax forecasting
    • Prepare memorandums and research various complex tax issues to determine the appropriate tax treatment and related tax reporting
    • Prepare external facing reports for investors and partners
    • Assist with and research indirect tax filing requirements as needed
  • Processes and controls
    • Assist in the implementation of tax technology initiatives, including tax provision and compliance preparation software.
    • OneSource Tax Provision experience required
    • Build and maintain tax internal controls
    • Assist with tax integration of new businesses and acquisitions
    • Help drive the continuous improvement of processes and procedures as the company expands in both new and established markets
    • Assist with special projects, including legal entity restructuring and rationalization
    • Work cross functionally with company departments and external partners

**REQUIRED EXPERIENCE, EDUCATION AND SKILLS **

  • Bachelor’s Degree in accounting or business degree with accounting concentration
  • Advanced Degree preferred: MST, MAcc or LLM
  • CPA required
  • 5+ years accounting experience (public accounting or relevant corporate tax experience required) including at least:
    • 3+ years of federal and state corporate and partnership income tax compliance experience; and
    • 5+ years of tax provision experience (ASC 740/IAS 12)
  • Experience in complex global manufacturing organization preferred
  • Ability to research highly complex tax issues, work within a team environment to resolve such issues, and communicate results in a clear/timely manner
  • Strong interpersonal skills and consistent follow through on assigned tasks
  • Experience with financial accounting systems (Intacct helpful)
  • Advanced proficiency in MS Excel and MS Office required
  • Enjoys working in a start-up, fast-paced environment
  • 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.

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.

California Consumer Privacy Act (“CCPA”) Notice to Applicants:
Please read the [California Employee Privacy

Notice](https://www.sunnyside.shop/california-employee-privacy-notice)[ ](https://www.crescolabs.com/california-employee-privacy-notice/)(“CA Privacy Notice”) regarding Sunnyside* and its affiliate Cresco Labs’ policies pertaining to the collection, use, and disclosure of personal information. This CA Privacy Notice supplements the information contained in the Sunnyside* Privacy Policy and applies to California resident employees and job applicants. Applicants with disabilities may access this notice in an alternative format by contacting CCPAnotice@crescolabs.com

Reporting a Scam:

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 Labs **does not **ask 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 career’s pages.

We are working diligently to block this from happening. Beware 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 Labs.

If you are in doubt, please contact us at **[Report-a-

spam@crescolabs.com](mailto:Report-a-spam@crescolabs.com)** with questions.

Job Summary
  • Job Title
    Manager, Corporate Tax
  • Company
    Cresco Labs
  • Location
    Chicago, IL
  • Employment Type
    Full time
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