Controller

Controller Position

We are setting industry standards to influence and inspire through our innovative methods. We merge cannabis culture with cutting-edge technology to deliver the best possible customer and employee experience(s).

The company operates a fully integrated cannabis business with a footprint that covers the entire breadth of the state of California; the world's largest cannabis market. We control our supply chain from cultivation to retail, which enables us to deliver clean and tested cannabis products at unmatched prices.

Our mission is to provide the one-stop-shop cannabis experience by offering exceptional customer experience service and diversified products. We strive to build long-term customer loyalty.

The Controller will play a critical role in building a world-class Accounting and Financial Reporting function to help scale and support the company's rapidly growing group of businesses. This position will partner with all other departments within the organization to improve processes, data quality and the timeliness of financial information. The Controller will drive and implement remediation plans to strengthen the control environment and develop best-in-class processes using system automation and relevant tools. This position will have strategic oversight of the Accounting and Financial Reporting function company wide. This candidate will be responsible for producing timely financial statements in compliance with US GAAP to inform the founders, investors and financial partners of the company.

This position reports to the Sr Controller and exists primarily to support the Sr Controller in overseeing staff and delivering the monthly close on time. The Controller owns day-to-day management of the accounting staff: tracking deadlines, following up on open items, and providing hands-on guidance on proper reporting across all balance sheet accounts and supporting schedules, with particular emphasis on inventory accounting in a vertically integrated cultivation, manufacturing, distribution and retail environment.

The Controller also directly manages the offshore accounting team, reviewing workloads and timesheets, keeping the team on task, helping stateside staff offload appropriate work to them, and ensuring their work supports the stateside team's priorities and deadlines.

Duties and Responsibilities:

• Directly supervise and coach a large accounting team on behalf of the Sr Controller; actively track staff workload and progress day to day, follow up on open items and overdue tasks, and hold the team accountable for hitting month-end close, reporting, audit and tax deadlines
• Perform detailed review of complex workpapers, account reconciliations, and consolidation schedules prepared by staff and managers. Serve as the technical resource for staff on all balance sheet accounts and supporting schedules, including cash, accounts receivable, inventory, prepaids, fixed assets and depreciation, leases, accrued liabilities, debt, intercompany and equity; set the standard for reconciliation format, support and review; oversee all general ledger accounts, sub-ledgers and reporting systems to ensure compliance with GAAP and regulatory requirements
• Provide hands-on guidance to staff on proper accounting and reporting, especially for inventory, including inventory reconciliations (perpetual to GL and to physical counts), standard and actual costing, cost roll-ups across cultivation, manufacturing and distribution, intercompany transfers and margin eliminations, reserves for obsolescence and shrink, and COGS cut-off
• Oversee the effectiveness of corporate accounting and financial reporting internal controls. Assist the Sr Controller in the implementation of efficient accounting processes and controls across the organization
• Manage and support internal and external audits
• Manage the offshore accounting team: assign and prioritize their work, review workloads and timesheets, keep them on task, and help stateside staff offload appropriate work to them so the offshore team effectively supports the stateside close, reconciliation and reporting needs
• Manage the accounting transition and financial reporting for new acquisitions/development projects; assist with due diligence for acquisitions, dispositions, or new development projects
• Communicate and present clearly to all levels of the organization, including senior management
• Other duties as assigned