Senior Analyst, Consolidations & Financial Reporting
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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.
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.
Cresco Labs is seeking a Senior Analyst, Consolidations and Financial Reporting to join our corporate finance team in Chicago, IL. The Senior Analyst, Consolidations and Financial Reporting will support Cresco’s financial reporting process. Responsibilities will include preparing key close and reporting schedules on a monthly and quarterly basis; assisting in the integration of the consolidation system, BPC, with the new ERP system, SAP, and supporting and improving the reporting and consolidation process. 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
Assist in the preparation of key close and reporting schedules on a monthly and quarterly basis including Adjusted EBITDA, analytics and other supporting schedules
Assist with the managing of the monthly and quarterly close process by working with the Regional Controllers to get updates on the tasks and deliverables
Update the master data (chart of accounts, cost centers, profit centers and other dimensions) from the Company’s current accounting structure to the new ERP structure
Support the Financial Systems and Integrations team with ERP integration efforts
Develop and conduct training for the new instance of the consolidation software in alignment with the new ERP structure
Assist in the inter-company elimination process on a monthly basis and develop intercompany trading partners
Ensure validation between the BPC consolidation system and source data with timely resolution of discrepancies and variances
Support reporting at different levels, working with stakeholders on key projects including actual vs. budget analysis, legal entity reporting, accounting software implementations and pro forma reporting
Prepare consolidation journal entries on a monthly basis
Review of financial results, investigating and resolving unusual balances on a monthly basis and ad hoc as needed
Assist in preparation of debt covenant calculation and compliance certificates
Assist with the financial integration and consolidation of new markets and newly acquired business
Support cross functional projects related to ERP and system implementations
Participate in cross functional projects related to financial reporting
REQUIRED EXPERIENCE, EDUCATION AND SKILLS
Bachelor’s Degree in Accounting or business degree with accounting or accounting information systems concentration OR Bachelor’s degree in information technology-related field with accounting/business concentration and/or MBA
3+ years accounting and finance or financial systems experience (public accounting, consolidation or financial reporting preferred)
Strong U.S. GAAP experience
Strong interpersonal skills and consistent follow through on assigned tasks
Experience with financial accounting systems (SAP, BPC or HFM helpful)
Advanced proficiency in MS Excel and MS Office required
Enjoys working in a post-start-up, fast-paced, global 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
Cresco Labs requires that all corporate employees be fully vaccinated against the COVID-19 virus on or before September 30, 2021. If you are offered and accept a position, you will be required to prove your vaccination status prior to when your employment begins. If you require a medical or religious accommodation with regard to vaccination, please let us know once you received an offer of employment (if applicable).
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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Normalize and professionalize cannabis and educate consumers to eliminate the social stigmas associated with cannabis