Senior Analyst, Cost Accounting

Cresco Labs

Chicago, IL, USA

Full time

Aug 1

This job is no longer accepting applications.

COMPANY OVERVIEW

Recently named one of Entrepreneur magazine’s Top 100 Cannabis Leaders, Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Cresco is built to become the most important company in the cannabis industry by combining the most strategic geographic footprint with one of the leading distribution platforms in North America. Employing a consumer-packaged goods (“CPG”) approach to cannabis, Cresco’s house of brands is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted national brands including Cresco, Remedi and Mindy’s, a line of edibles created by James Beard Award-winning chef Mindy Segal. Sunnyside*, Cresco’s national dispensary brand is a wellness-focused retailer designed to build trust, education and convenience for both existing and new cannabis consumers. Recognizing that the cannabis industry is poised to become one of the leading job creators in the country, Cresco has launched the industry’s first national comprehensive Social Equity and Educational Development (SEED) initiative designed to ensure that all members of society have the skills, knowledge and opportunity to work in and own businesses in the cannabis industry. 

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 of Cost Accounting to join our corporate finance team in Chicago, IL. This individual will report to the Manager, Cost Accounting and Analysis and be a key contributor to the company’s cost accounting and analysis process. This will include preparing monthly and quarterly cost models, as well as preparing key schedules used for accounting, audit, tax, and external reporting. The Senior Analyst of Cost Accounting will also be responsible for providing key inputs and analysis for biological assets accounting and will liaise with the operational teams across the organization on key cost projects. Our ideal candidate must be a self-starter who is highly organized with great attention to detail and thrives in a fast-paced environment.

CORE JOB DUTIES


Subject matter expert for cost and inventory accounting

Cost Accounting


Responsible for cost accounting, including product and process cost models for IFRS and GAAP reporting for certain of the company’s divisions

Prepare inventory analysis, valuation, and impairment on a quarterly basis

Prepare schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes

Prepare key assumptions and analysis for the technical accounting team for use in biological assets accounting

Assist with preparation and review of the consolidated financial statements and footnotes for cost and inventory areas


Cost Analysis


Provide periodic (monthly/quarterly) operational cost analysis for the company’s divisions

Prepare variance analysis and other reporting for senior management

Work directly with operational and site teams on special projects and initiatives related to cost and inventory

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 and analysis

Participate in and/or lead monthly and quarterly meetings with operational teams to support the growth of the business and share key cost findings


Assist with the implementation of additional/updated cost accounting modules and add-on reporting systems, including an ERP

Support the year-end financial audit and tax preparation process

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

Assist with integration of cost processes and policies for newly acquired businesses and market expansion


REQUIRED EXPERIENCE, EDUCATION AND SKILLS


Bachelor’s Degree in accounting or business with accounting concentration

3+ years accounting experience (public accounting or cost/inventory accounting preferred) 

CPA preferred  

Strong interpersonal skills and consistent follow through on assigned tasks 

Experience with financial systems (Intacct helpful) and ERP systems (SAP preferred) with knowledge of data structure and reporting requirements 

Advanced proficiency in MS Excel (including pivot tables and V-lookup functions) and MS Office required, including working with large amounts of data  

Tableau experience preferred

Enjoys working in a start-up, fast-paced environment 

Ability to work independently in a highly organized manner and demonstrate sound judgement 


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.

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Cresco Labs

Normalize and professionalize cannabis and educate consumers to eliminate the social stigmas associated with cannabis

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