We are seeking a skilled and experienced Controller to oversee the accounting and financial reporting functions for a diverse portfolio of businesses, including cannabis operations and other affiliated entities. This position will be responsible for ensuring accurate and timely financial reporting, maintaining strong internal controls, overseeing accounting operations, managing cash flow and supporting the financial needs of multiple legal entities.
The Controller will work closely with senior leadership and operational teams to provide accurate financial information, identify risks and opportunities, and ensure appropriate accounting practices are consistently applied across the organization.
The ideal candidate will have a strong accounting background, experience managing financials for multiple entities, excellent analytical and organizational skills, and the ability to operate effectively in complex and highly regulated business environments. Experience with cannabis accounting and regulatory requirements is strongly preferred. Proficiency in QuickBooks online is required.
JOB RESPONSIBILITIES
- Oversee accounting and financial reporting for multiple companies and legal entities, including cannabis-related businesses and other affiliated entities.
- Manage the preparation and review of monthly, quarterly, and annual financial statements, including income statements, balance sheets, cash flow statements, and supporting schedules and reviewing with senior leadership monthly
- Oversee the month-end and year-end close processes including filing and paying sales and excise tax for all assigned entities, ensuring financial reporting is accurate, complete, and timely.
- Maintain accurate general ledgers and ensure transactions are properly recorded and allocated to the appropriate company, department, location, and account.
- Oversee intercompany transactions, allocations, reconciliations, and balances between affiliated entities.
- Develop, implement, and maintain accounting policies, procedures, and internal controls to safeguard company assets and ensure the integrity of financial information.
- Provide accounting oversight for cannabis-related entities, including maintaining appropriate financial controls and supporting compliance with applicable state, local, and federal accounting and reporting requirements.
- Work closely with external tax professionals and leadership regarding the unique tax and accounting considerations associated with cannabis operations, including IRC Section 280E, where applicable.
- Maintain appropriate separation of financial activity, banking, expenses, revenue, inventory, and other transactions among separate legal entities.
- Oversee Accounts Payable and Accounts Receivable, including payment processing, vendor management, customer receivables, reconciliations, and aging reports.
- Oversee cash management activities, including bank reconciliations, cash-flow monitoring, cash controls, and financial reporting across entities.
- Develop and maintain annual budgets and financial forecasts in partnership with senior leadership and operational teams.
- Monitor and analyze actual financial performance against budgets, forecasts, and prior periods, identifying significant variances, trends, risks, and opportunities.
- Provide leadership with meaningful financial analysis and recommendations to improve profitability, control expenses, manage cash flow, and support business growth.
- Establish and monitor appropriate financial controls for inventory-intensive and cash-intensive operations.
- Partner with operational teams to reconcile inventory-related financial activity and investigate significant discrepancies.
- Coordinate with external auditors, accountants, tax professionals, banking partners, and other financial service providers as necessary.
- Prepare audit schedules, financial reports, reconciliations, and supporting documentation for annual audits, tax preparation, and other financial reviews.
- Ensure proper documentation and record retention for financial transactions and accounting activities.
- Maintain and improve accounting systems, processes, and reporting procedures as the organization grows and adds new entities.
- Utilize QuickBooks for financial recordkeeping, reconciliations, reporting, analysis, and management of multiple company files/entities.
- Assist with the financial integration and setup of newly acquired, newly established, or affiliated businesses.
- Review accounting processes across entities and identify opportunities to improve efficiency, accuracy, automation, and financial controls.
- Manage, mentor, and develop accounting team members, including employees responsible for Accounts Payable, Accounts Receivable, reconciliations, and general accounting functions.
- Establish clear expectations, deadlines, and accountability within the accounting department.
- Collaborate cross-functionally with Operations, Human Resources, Legal/Compliance, and other departments to support business initiatives and ensure financial considerations are appropriately addressed.
- Maintain confidentiality and exercise sound judgment when handling sensitive company, employee, vendor, and financial information.
- Perform additional financial, accounting, and business-related responsibilities as assigned.
QUALIFICATIONS
- Bachelor’s degree in Accounting, Finance, or a related field required.
- Minimum of 5–7 years of progressive accounting experience, with prior Controller, Assistant Controller, or comparable accounting leadership experience preferred.
- Experience managing accounting and financial reporting for multiple legal entities strongly preferred.
- Experience within the cannabis industry or another highly regulated industry strongly preferred.
- Knowledge of cannabis-related accounting and tax considerations, including IRC Section 280E, preferred.
- Strong understanding of GAAP, financial reporting, general ledger accounting, reconciliations, internal controls, budgeting, and financial analysis.
- Strong knowledge of Accounts Payable, Accounts Receivable, cash management, and month-end/year-end close processes.
- Proficiency in QuickBooks required.
- Advanced Microsoft Excel skills strongly preferred.
- Experience developing and improving accounting processes and internal controls.
- Strong analytical and problem-solving skills with exceptional attention to detail.
- Ability to manage multiple companies, priorities, deadlines, and competing demands in a fast-paced environment.
- Strong leadership, communication, and interpersonal skills.
- Ability to work collaboratively with senior leadership and operational teams while maintaining appropriate financial controls and accountability.
- CPA designation preferred but not required.