Cresco Labs

Senior Manager, External Reporting

Cresco Labs$130K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in accounting or finance
  • 7+ years in accounting (public accounting and/or external reporting)
  • Active CPA certification
  • Strong interpersonal skills with consistent follow-through
  • Experience in equity system implementation
  • Familiarity with financial reporting systems like Certent or Intacct
  • In-depth knowledge of U.S. GAAP and SEC regulations

Responsibilities

  • Oversee the preparation of SEC filings and Canadian Securities regulations reports
  • Manage earnings per share calculations and diluted share counts
  • Coordinate with auditors during audit processes
  • Conduct technical accounting research on complex transactions
  • Lead month-end close processes for stock-based compensation
  • Implement and govern Certent, the equity accounting system
  • Mentor and develop a team of external reporting analysts

Benefits

  • Major medical, dental, and vision insurance
  • 401(K)-match program
  • FSA/HSA programs
  • Long-term and short-term disability options
  • Life insurance and AD&D coverage
  • Paid holidays and paid time off
  • Annual discretionary bonuses and stock options
  • Employee discount program
Full Job Description
JOB SUMMARY

Cresco Labs is seeking a Senior Manager, External Reporting, to join our corporate finance team in Chicago, IL. The Senior Manager, External Reporting, will report to the Director of External Reporting & Consolidations and lead a team of external reporting analysts. This role will own the month-end close for stock-based compensation (SBC) and other equity transactions, lead the full implementation of the company's equity accounting system, and own the monthly, quarterly, and annual filings as required under Canadian Securities Regulations and the SEC. 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

SEC Reporting
  • Oversee the preparation and review of monthly, quarterly, and annual Canadian Securities Regulations and SEC filings
  • Oversee the preparation of the earnings per share (EPS) calculations, including diluted share counts and weighted-average share activity
  • Coordinate with auditors on audit requests
  • Perform technical accounting research and prepare memos on complex equity and SBC transactions under U.S. GAAP
  • Manage XBRL tagging
  • Participate in special projects and ad-hoc requests as assigned

Stock-Based Compensation - Month-End Close
  • Own the full monthly close process for stock-based compensation, including calculation, journal entry preparation, and account reconciliation
  • Maintain and reconcile the SBC sub-ledger to the general ledger on a monthly basis, ensuring accuracy and completeness
  • Track and account for all equity award activity including grants, vesting, forfeitures, expirations, and modifications
  • Calculate and record expense for all equity award types including stock options and RSUs using Certent
  • Coordinate with VP of Compensation & Workforce Strategy and payroll on new hire, termination, and modification events impacting equity awards
  • Maintain effective internal controls over the equity close process and support SOX compliance documentation

Equity Accounting System Implementation
  • Lead the full implementation Certent, the company's equity accounting system
  • Oversee data migration of historical equity grant data, ensuring completeness, accuracy, and integrity of all records transferred to the new system
  • Configure system award types, vesting schedules, valuation inputs, and accounting treatment to align with company policy and U.S. GAAP
  • Document the business processes, system workflows, and internal control procedures for Certent
  • Design and validate system-generated accounting outputs, ensuring accurate integration with the general ledger and financial reporting systems
  • Build and test automated reconciliations between the equity platform, payroll, and the general ledger
  • Serve as the primary system administrator and subject matter expert post-implementation, managing ongoing configuration and updates

People Management
  • Lead, mentor, and develop a team of external reporting analysts
  • Set clear expectations for each team member around their individual roles and responsibilities
  • Foster a culture of accountability, professional judgment, and continuous improvement

REQUIRED EXPERIENCE, EDUCATION AND SKILLS
  • Bachelor's Degree in accounting or finance
  • 7+ years of accounting experience (public accounting and/or external reporting at a publicly traded company)
  • CPA required
  • Strong interpersonal skills and consistent follow-through on assigned tasks
  • Experience with equity system implementation
  • Experience with financial and reporting systems preferred (e.g., Certent, Intacct, BPC, Workiva)
  • Deep knowledge of U.S. GAAP and SEC reporting rules and regulations is required
  • Advanced proficiency in MS Excel and MS Office required
  • Ability to thrive within a post-start up, fast-paced, 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

BENEFITS

Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D. We also offer eligible employees paid holidays and paid time off. Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position.

In accordance with any local and state compensation laws, the compensation listed is the current estimated range for the position. Final offer details and future compensation may be determined by multiple factors including but not limited to, geographic location, market compensation data, skills, experience, and other relevant factors. For questions about this please discuss with your recruiter during the interview process.

Pay Range

$130,000-$150,000 USD

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
  • The company does not offer employment-based visa sponsorship for this role or any other position, now or in the future. Applicants must be legally authorized to work in the United States on a permanent basis without the need for current or future sponsorship at any time.

About Cresco Labs

Cresco Labs is a multi-state cannabis company that produces and sells a variety of cannabis products, including flower, edibles, and concentrates. The company operates in several states, including Illinois, Pennsylvania, and California. Cresco Labs was founded in 2013 and is headquartered in Chicago, Illinois. The company is focused on building a national brand and expanding its operations to new markets as cannabis legalization continues to spread across the United States.
Learn more about Cresco Labs
Size
3,500 employees
Industry
Founded
2014
NASDAQ

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