Sr Analyst, 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 Senior Analyst, Cost Accounting to join our corporate finance team . This individual will report to the Sr Manager, Cost Accounting and Analysis and be a key contributor to the company’s cost accounting and analysis process. This will include preparing quarterly cost models, monthly estimates and KPI’s, as well as preparing key schedules used for accounting, audit, tax, and external reporting. The Senior Analyst will also be responsible for maintaining the integrity and structure of the model(s) along with implementing process improvements and ensuring standardization. Our ideal candidate must be a self-starter who is highly organized with great attention to detail, can adapt to shifting priorities and thrives in a fast-paced, start-up environment.

This position is a hybrid role, the candidate will be required to travel to facilities in Ohio and Pennsylvania regularly.

**CORE JOB DUTIES **

  • Subject matter expert for cost and inventory accounting
  • Responsible for processing and preparation of the inventory analysis cost model for at least one market.
  • Acts as liaison with operations for the market(s) associated with the assigned cost model(s).
  • Partner with the operational teams across the organization on key cost projects.
  • Prepare inventory analysis and valuation on a quarterly basis, with estimates and other key assumptions developed monthly.
  • Calculates inventory reserve schedules on a quarterly basis.
  • Prepares cost estimates and required KPI’s monthly.
  • Prepare schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes.
  • Assist with preparation of financial statement analytics on a quarterly basis.
  • Assist with operational cost model and SKU-level analysis initiatives to provide improved profitability reporting. Skilled at turning data and trends into insights to assess performance and impact business decisions.
  • Participate in and/or lead monthly and quarterly meetings with operational teams to support the growth of the business and share key cost findings. Ensure changes in operations are reflected in financial results, forecasts, and cost models.
  • Assist with the continuous improvement of processes and procedures as the company expands in both new and established markets.
  • Prepare and update documentation of business processes and accounting policies to maintain and strengthen internal controls.
  • Interact with external auditors for quarterly reviews and year-end audit.
  • Ability to travel to facilities on regular basis.

**REQUIRED EXPERIENCE, EDUCATION AND SKILLS **

  • Bachelor’s Degree in accounting or business with accounting concentration.
  • 3+ years accounting experience (cost/inventory accounting highly preferred).
  • Advanced to Expert __ proficiency in MS Excel required, including working with large amounts of data, complex functions, and nested formulas.
  • Experience with financial systems (Intacct and BPC helpful) with knowledge of data structure and reporting requirements.
  • Power Query proficiency helpful.
  • Strong interpersonal skills and consistent follow through on assigned tasks.
  • Enjoys working in a start-up, fast-paced environment.
  • Easily adapts to shifting priorities or directives.
  • Deadline driven.
  • Ability to work independently in a highly organized manner and demonstrate sound judgment.
  • Experience working directly with external auditors preferred.
  • Available to work some nights and weekends during quarter close.

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 $80,000 - $90,000 [+ 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
    Sr Analyst, Cost Accounting
  • Company
    Cresco Labs
  • Location
    Chicago, IL
  • Employment Type
    Full time
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