Director - Cost Accounting & Analysis

Chicago, Illinois | Full-Time

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Cresco Labs is seeking a Director, Cost Accounting and Analysis to join our corporate finance team in Chicago, IL. This individual will report to the Executive Vice President & Controller and be a key leader in the corporate controllership and finance team. This individual will manage a team of 5+ and be responsible for overseeing cost accounting and analysis for all of the company's divisions. Key areas of responsibility include: cost accounting under both IFRS and U.S. GAAP, operational cost models and SKU-level profitability analysis, and ad hoc cost projects to support the business. This individual will also be a key contributor to the implementation of cost accounting modules as part of the company's ERP and other related system implementations. Our ideal candidate must have an entrepreneurial mindset, proactively identifying areas for improvement and ways to support our operational teams, balancing theoretical knowledge with business acumen, who can both provide guidance at a high level and get into the details as needed.

Core Job Duties

 

 

  • Manage and coach team of 5+, including managers and senior accountants
  • Subject matter expert for cost and inventory accounting
  • Cost Accounting
  • Oversee cost accounting, including product and process cost models for IFRS and GAAP reporting
  • Review inventory analysis, valuation, and impairment on a quarterly basis
  • Review schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes
  • Review key assumptions and analysis for the technical accounting team for biological assets accounting
  • Assist with 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
  • Work cross functionally with operational teams on special cost projects
  • Drive operational cost model and SKU-level analysis initiatives for improved profitability reporting and key business decisions
  • Proactively identify areas to improve profitability and business results by leveraging cost models and analysis
  • Lead monthly and quarterly meetings with operational teams and leadership to support the growth of the business and share key cost findings
  • Help oversee implementation of additional/updated cost accounting modules and add-on reporting systems, including an ERP
  • Help drive the continuous improvement of processes and procedures as the company expands in both new and established markets
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
  • Support the year-end financial audit and tax preparation process
  • Work cross functionally with company departments and external partners on key operational projects and cost accounting and reporting requirements
  • Help oversee the implementation of accounting policies and procedures as the company expands into new and established markets

 

Required Experience, Education And Skills

  • Bachelor's degree in accounting or business degree with accounting or finance concentration
  • Minimum 10 - 12 years of accounting experience (can be mix of public accounting and industry) with demonstrated career progression in the area of cost accounting and analysis
  • Experience at large, publicly traded manufacturing companies required
  • CPA highly preferred
  • Excellent interpersonal skills and demonstrated leadership experience
  • Strong business knowledge and acumen with demonstrated heavy exposure to and partnership with operations
  • Extensive hands-on experience with financial accounting systems (Intacct helpful) and ERP (SAP highly preferred) with knowledge of data structure and reporting requirements
  • Experience with cost accounting/ERP system implementation highly preferred
  • 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 post start-up, fast-paced environment
  • Ability to work independently in a highly organized manner

 

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.

 

Cresco Labs, Inc.
Cresco Labs, Inc.
HQ: Chicago, Illinois

Cresco Labs is one of the largest vertically-integrated multi-state cannabis operators in the United States. Together with its subsidiaries, Cresco cultivates, manufactures, and sells medical cannabis & products, and launched the industry’s first national comprehensive Social Equity and Educational Development (SEED) initiative.

Company size: 800

  • Salary
  • Career Level
  • Degree
  • Experience
  • Job Type
  • Attractive
  • Full-Time
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