Controller

Renew Cannabis Co.

Los Angeles (CA)

Hybrid

USD 150,000 - 190,000

Full time

4 days ago
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Benefits offered by this job

Paid Vacation Time
Paid Sick Leave
Paid Holidays
Parental Leave
Health, Dental, and Vision Insurance
401k with employer match
Life Insurance
Employee discounts

Job summary

STIIIZY is seeking a Controller to lead the accounting and financial reporting function across its vertically integrated cannabis business. You will partner with all departments to strengthen controls, improve processes, and automate reporting.

The role supervises the offshore team and drives timely, accurate monthly closes in line with US GAAP. The ideal candidate has 7–15 years in financial accounting, CPA, and deep knowledge of intercompany, inventory, and multi-entity consolidation within

Qualifications

  • BA/BS/BBA in accounting or related field; CPA required.
  • Experience in multi-entity, vertically integrated operations.
  • Strong GAAP knowledge including ASC 606/842/330.

Responsibilities

  • Supervise accounting team and ensure timely month-end close.
  • Review reconciliations, intercompany activity and consolidation.
  • Oversee internal controls, audits and tax compliance.
  • Lead ERP optimization and system automation projects.
  • Partner with senior leadership to improve processes and data quality.

Skills

Communication
Business acumen
Problem solving
Attention to detail
Multitasking
Autonomy
Relationship building
Growth mindset
Market trends

Education

BA/BS/BBA in accounting
MBA or MAcc preferred
CPA designation

Tools

SQL / Power Query
Odoo or ERP system

Job description

We are setting industry standards to influence and inspire through our innovative methods. We merge cannabis culture with cutting-edge technology to deliver the best possible customer and employee experience(s).

The company operates a fully integrated cannabis business with a footprint that covers the entire breadth of the state of California; the world's largest cannabis market. We control our supply chain from cultivation to retail, which enables us to deliver clean and tested cannabis products at unmatched prices.

Our mission is to provide the one-stop-shop cannabis experience by offering exceptional customer experience service and diversified products. We strive to build long-term customer loyalty.

The Controller will play a critical role in building a world-class Accounting and Financial Reporting function to help scale and support the company’s rapidly growing group of businesses. This position will partner with all other departments within the organization to improve processes, data quality and the timeliness of financial information. The Controller will drive and implement remediation plans to strengthen the control environment and develop best-in-class processes using system automation and relevant tools. This position will have strategic oversight of the Accounting and Financial Reporting function company wide. This candidate will be responsible for producing timely financial statements in compliance with US GAAP to inform the founders, investors and financial partners of the company.

This position reports to the Sr Controller and exists primarily to support the Sr Controller in overseeing staff and delivering the monthly close on time. The Controller owns day-to-day management of the accounting staff: tracking deadlines, following up on open items, and providing hands‑on guidance on proper reporting across all balance sheet accounts and supporting schedules, with particular emphasis on inventory accounting in a vertically integrated cultivation, manufacturing, distribution and retail environment.

The Controller also directly manages the offshore accounting team, reviewing workloads and timesheets, keeping the team on task, helping stateside staff offload appropriate work to them, and ensuring their work supports the stateside team's priorities and deadlines.

Duties and Responsibilities:
  • Directly supervise and coach a large accounting team on behalf of the Sr Controller; actively track staff workload and progress day to day, follow up on open items and overdue tasks, and hold the team accountable for hitting month‑end close, reporting, audit and tax deadlines
  • Perform detailed review of complex workpapers, account reconciliations, and consolidation schedules prepared by staff and managers. Serve as the technical resource for staff on all balance sheet accounts and supporting schedules, including cash, accounts receivable, inventory, prepaids, fixed assets and depreciation, leases, accrued liabilities, debt, intercompany and equity; set the standard for reconciliation format, support and review; oversee all general ledger accounts, sub‑ledgers and reporting systems to ensure compliance with GAAP and regulatory requirements
  • Provide hands‑on guidance to staff on proper accounting and reporting, especially for inventory, including inventory reconciliations (perpetual to GL and to physical counts), standard and actual costing, cost roll‑ups across cultivation, manufacturing and distribution, intercompany transfers and margin eliminations, reserves for obsolescence and shrink, and COGS cut‑off
  • Oversee the effectiveness of corporate accounting and financial reporting internal controls. Assist the Sr Controller in the implementation of efficient accounting processes and controls across the organization
  • Manage and support internal and external audits
  • Manage the offshore accounting team: assign and prioritize their work, review workloads and timesheets, keep them on task, and help stateside staff offload appropriate work to them so the offshore team effectively supports the stateside close, reconciliation and reporting needs
  • Manage the accounting transition and financial reporting for new acquisitions/development projects; assist with due diligence for acquisitions, dispositions, or new development projects
  • Communicate and present clearly to all levels of the organization, including senior management
  • Other duties as assigned
Requirements
  • Excellent written and verbal communication skills, with the ability to explain complex accounting matters clearly to non-finance leaders, staff and external partners
  • Strong business acumen and problem-solving skills
  • Demonstrated ability to drive business initiatives
  • Strong attention to detail, demonstrated integrity and professionalism
  • Ability to multitask and prioritize diverse tasks with a proven ability to meet hard deadlines
  • Ability to work autonomously and take ownership
  • Able to create, maintain and build professional relationships and rapport
  • Have a strong desire to grow professionally and personally
  • Have a sound knowledge of market trends
Education & Experience:
  • BA/BS/BBA degree in accounting or a related degree; MBA or MAcc preferred
  • Certified Public Accountant (CPA) designation required
  • 7-15 years of relevant financial accounting experience in a managerial role, ideally a combination of public accounting (Big 4 or regional equivalent) and industry experience
  • Hands‑on experience in a vertically integrated manufacturing and distribution organization required; deep understanding of multi-entity operations (cultivation, manufacturing, distribution and retail), including intercompany transactions, eliminations, cost allocations and consolidated reporting
  • Strong working knowledge of inventory accounting required, including inventory valuation, standard and actual costing, cost roll‑ups, reserves and physical count procedures, with the ability to teach these to staff
  • Outstanding technical accounting skill; demonstrated knowledge of U.S. GAAP including ASC 606, ASC 842 and ASC 330; ability to review and advise on all balance sheet accounts and supporting schedules
  • Proven track record of leading, developing and holding accountable a large accounting team across multiple entities, including experience managing offshore or remote accounting resources and coordinating their work with an onshore team
  • Strong knowledge of all functions and systems for internal controls, internal and external reporting, audit processes, and tax
  • Experience managing an ERP optimization project; familiarity with Odoo or similar ERP system preferred
  • Working knowledge of SQL / Power Query and experience driving system automation (e.g., automated reconciliations, ERP integrations, reporting pipelines) a plus, but not required; we will provide training, so we are looking for a fast learner with a genuine interest in picking up new tools and technology.
Physical Requirements:

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Prolonged periods of sitting at a desk and working on a computer
  • Must be able to lift up to 10-15 pounds at times
  • Be able to stand and sit for prolonged periods of time. Ability to occasionally bend, kneel, squat, and twist

Due to Covid-19, we are doing everything we can to keep our team and customers safe. This means individual offices or widely spaced workstations. We also provide extra masks, shields, hand sanitizer, and gloves as needed. We are an essential business, and we require our team to work in the office.

We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Benefits

Additional details about the compensation and benefits of eligibility for this role will be provided during the hiring process. All employees are provided with competitive compensation and paid training. We offer a range of benefits packages based on employee eligibility, including:

  • Paid Vacation Time, Paid Sick Leave, Paid Holidays, Parental Leave.
  • Health, Dental, and Vision Insurance.
  • Employee Assistance Program.
  • 401k with generous employer match.
  • Life Insurance.
  • Employee discounts on products and services.

Applicants must be authorized to work in the U.S. STIIIZY is unable to sponsor or take over sponsorship of employment visas at this time.

We provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Residency Requirement: This position requires the applicant to reside in the state where the role is based. Applicants who do not meet this requirement may not be eligible for consideration.

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