Cresco Labs is seeking a VP of Finance for the California Region. This individual will report to the VP of Finance at HQ and dotted line into the Regional President of California, where they will serve on the state Leadership Team. This role will be responsible for the region's three local facilities, the related distribution operation, and a wholesale network of 400+ dispensaries within California. The VP Finance, California will also have oversight of several highly complex financial areas, including financial planning, budget management, forecasting, portfolio management, reporting, and governance for the California region and will help lead the development of financial management strategy while driving execution and advising leadership across a wide variety of functions. Our ideal candidate must be a self-starter who is exceptionally organized and possesses great attention to detail. This individual thrives in a fast-paced environment.
CORE JOB DUTIES
Perform a variety of advanced financial analyses to drive business strategy
Collaborate with management on development and execution of growth and acquisition opportunities
Assist management in the formulation of its overall business plan and strategic direction for the California Region
Review the performance of competitors and report on key issues to management
Manage the preparation and analysis of financial reports, strategic forecasts, cost trends, investor reporting, etc. for the California Region
Analyze the companys financial results with respect to profits, trends, costs, and compliance with budgets and provide recommendations for improvement. Issue regular status reports and ad hoc reports to senior management.
Report to management on variances from the established budget and the key drivers for those variances
Evaluate large vendor contracts and investment opportunities with appropriate internal leadership teams. Additionally, provide financial analyses and assist with negotiations
Collaborate on the development and execution of growth and acquisition opportunities
Review product costing models to determine pricing methodologies
Develop recommendations for improvement and cost savings activities
Contribute to the management of monthly, quarterly, and annual reporting, including financial statements, KPIs, and metric dashboards
Support post-acquisition integration planning and implementation
Manage a team focused on the California Region
REQUIRED EXPERIENCE, EDUCATION AND SKILLS
Bachelor's degree in finance or accounting, Master's degree and CPA strongly preferred
7-10 years of experience in a senior FP&A finance role, including 5-7 years leading a team.
Experience exceeding goals in both large, established organizations, as well as start-up environments
Project budgeting, cost controls, and ROI experience preferred
Knowledge of automated financial and accounting reporting systems preferred. Including, BI reporting, dashboard, modeling, and KPI development (eg Adaptive Insights, Hyperion, SAP BPC, etc.)
Proven knowledge of federal and state financial regulations, US GAAP and/or IFRS standards, tax laws, etc.
Strong interpersonal skills and consistent follow through on assigned tasks
Strong leadership presence and ability to influence decisions and work together across all levels of leadership, including executive leadership, investors and board members.
Ability to efficiently handle ambiguity and change; able to act as a change agent
Must be 21 years of age or older to apply
Must comply with all legal or company regulations for working in the industry