Manager, Cost Accounting 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 Manager, Cost Accounting to join our corporate finance team in Chicago, IL. 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 in Illinois 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 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

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.

COMPENSATION

In accordance with any local and state compensation laws, the estimated range of compensation is $100,000 - $110,000 [+ bonus eligible]. 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.

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, Cost Accounting
  • Company
    Cresco Labs
  • Location
    Chicago, IL
  • Employment Type
    Full time
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