Director, Finance

Verano

$145K — $155K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or equivalent degree in accounting or finance required
  • 6-10 years of corporate accounting experience required
  • Management experience required
  • Advanced skills in Microsoft Office including Word and Excel
  • Knowledge of U.S. GAAP, SEC, and IFRS rules and regulations required
  • Ability to influence operational counterparts for timely closeouts
  • Must be authorized to work in the U.S. and be 21 years or older.

Responsibilities

  • Assist in leading the month-end close process, ensuring timely preparation of journal entries and reconciliations
  • Review monthly financial results and analyze profit & loss statements
  • Create and document efficient processes for recording journal entries
  • Train and develop staff accountants
  • Ensure compliance with U.S. GAAP, SEC, and IFRS guidelines
  • Prepare rollforwards for financial statements
  • Communicate accounting issues and guidance to management
  • Support external audits and perform other assigned duties
  • Establish accounting practices for inventory recording and reconciliation
  • Document policies for inventory tracking across various locations

Benefits

  • Medical, dental, and vision insurance
  • 401(k) matching
  • Paid holidays
  • Paid time off
  • Product discounts
Full Job Description
Job Summary

The Director, Finance is responsible for support of the monthly-close process and training and development of staff. Additionally, this manager will be responsible for the establishment and oversight of procedures and reconciliations related to inventory.

Essential Duties and Responsibilities

  • Assist in leading general ledger month-end close to ensure the team prepares journal entries and balance sheet reconciliations by set deadlines
  • Assist in the review of monthly financial results and analysis of profit and loss on an entity and consolidated basis
  • Assist in creating and documenting new and efficient processes related to recording journal entries and performing meaningful and detailed account reconciliations
  • Train, coach and develop skills of staff accountants
  • Ensure all accounting is in compliance with U.S. GAAP, SEC, and IFRS reporting guidelines
  • Consolidate entries and prepare rollforwards to be utilized in preparing financial statements
  • Communicate and explain accounting issues and evolving accounting guidance to management
  • Provide support and assistance to external auditors
  • Perform other duties as assigned


Specific Assignments:
  • Establish accounting practices related to the proper recording and reconciliation of the company's inventory across its various cultivation and retail locations
  • Document and maintain policies and procedures for tracking inventory in each state of operation
  • Act as the Finance team's primary contact to communicate with internal and external parties regarding all inventory related systems and processes improvements/implementations
  • Coordinate with cultivation facility general managers and outside consulting firm to prepare, review and record the quarterly valuation of biological assets under IFRS reporting guidelines
  • Prepare internal reports on inventory analysis and other variances throughout the month as required


Minimum Qualifications

  • Bachelor's or equivalent degree in accounting or finance required
  • 6-10 year(s) of corporate accounting experience required
  • Management experience required
  • Microsoft Office, specifically in Microsoft Word and Excel (advanced), experience required
  • Knowledge of U.S. GAAP, SEC, and/or IFRS rules and regulations required
  • Strong ability to influence appropriate operational counterparts to timely closeout of normal costing duties
  • Must have ability to research and propose company positions on complex accounting issues
  • Must be able to execute and follow through to completion and documentation
  • Must be authorized to work in the United States
  • Must be 21 years of age or older
  • Must be able to pass a state and federal criminal background check


Preferred Qualifications

  • CPA designation is a plus
  • Direct experience in CPG or manufacturing (inventory experience) is a plus
  • Specific industry experience is a plus
  • Sage Intacct (accounting software) and industry inventory platforms experience is a plus


What We offer

Verano Base Pay Range

$145,000 - 155,000

Actual pay is based on experience, qualifications, and location of the role. Roles may be eligible for annual bonus program based on individual and company performance.

Benefits:

  • Medical, dental, and vision insurance
  • 401(k) matching
  • Paid holidays
  • Paid time off
  • Product discounts


Physical and Mental Demands

While performing the duties of this job, the employee is frequently required to remain in a stationary position, move and/or position oneself, communicate, operate and/or prepare, place, position objects, tools, or controls. The employee must occasionally move packages weighing up to 10 lb. Specific vision abilities required by this job include close observation and the ability to adjust focus. The mental and physical requirements described here are representative of those that must be met by an individual, with or without reasonable accommodation, to successfully perform the essential functions of this position.

Working Environment

Work is performed in an office environment. The noise level in the work environment is usually moderate. The work environment characteristics described here are representative of those an individual encounters while performing the essential functions of this position.

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