Senior Tax Manager

Cresco Labs; Chicago (IL); On-site; USD 145,000 - 165,000; Full time

Benefits offered by this job

Major medical, dental and vision

401(K) match

FSA/HSA

LTD/STD

Life insurance and AD&D

Paid holidays and PTO

Stock options

Employee discount program

Job summary

Cresco Labs, a leading multi-state cannabis operator, seeks a Senior Manager of Corporate Tax to oversee the income tax function, governance, and planning. This role reports to the VP of Tax & Treasury and oversees a team of tax professionals across complex US federal, state, and local filings and tax provision processes.

The ideal candidate will thrive in a fast-paced, highly regulated environment, guiding tax strategy, compliance, and audits while partnering with treasury and FP&A to optimize

Qualifications

• Bachelor’s degree in accounting or business with accounting concentration; advanced degree/credentials preferred: MST, MAcc, LLM or CPA.
• 8+ years tax experience (public accounting or corporate tax) including federal and state compliance; tax provision experience ASC 740.

Responsibilities

• Oversee quarterly and annual income tax provision under US GAAP; manage coordination with in‑house and external resources.
• Oversee annual federal, state, local and foreign income tax return filings incl. Forms 1120, 1065, 5471, 5472.
• Lead tax forecasting, cash tax planning, and effective tax rate management.
• Direct research and analysis of complex tax issues; approve memorandums.
• Present tax matters to investors and senior leadership; coordinate with external auditors.
• Develop and mentor income tax team; lead cross‑functional collaboration.

Skills

Tax leadership

Regulatory compliance

US GAAP knowledge

MS Excel

Cross‑functional collaboration

Communication

Education

Bachelor’s degree in accounting or business degree with accounting concentration

MST, MAcc, LLM, or CPA

Tools

OneSource Tax Provision

MS Office

Job description

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey.
Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis.
At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.

MISSION STATEMENT

At Cresco, we aim to lead the nation’s cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to.

JOB SUMMARY

The Senior Manager, Corporate Tax has leadership responsibility for all income tax related matters . The Senior Manager, Corporate Tax will report to the Vice President of Tax & Treasury . This positio n is a people leader and oversee s all income tax areas, including the tax provision process , federal and state income tax compliance, tax forecasting and planning, and the tax integration of new businesses and acquisitions . This position leads and develops members of the income tax team and interacts with government auditors, external financial statement auditors, internal cross-functional stakeholders, external investors, and C-Suite level personnel. The ideal candidate thrives in a dynamic environment, is highly detail-oriented, is a strategic thinker, and can operationalize income tax processes for a complex, multi-state business.

CORE JOB DUTIES

• Oversee and approve the quarterly and annual income tax provision under US GAAP principles
  • Manage overall process including coordination with in‑house and external resources .
  • Ensure accuracy and completeness of the current and deferred income tax reporting process, including tax account balance reconciliations, tax basis balance sheet adjustments, valuation allowance analyses, and deferred tax asset/liability rollforwards
  • Review uncertain tax positions, while working in conjunction with advisors on legal and regulatory changes
  • Prepare and review technical income tax provision research and build documentation.
  • Responsible for disclosures for quarterly and annual public filing requirements , including monitoring and planning for changes to technical requirements.
  • Approve quarterly tax accounting journal entries and ensure appropriate review and sign‑off
  • Review tax account reconciliations are maintained correctly in Blackline or similar software .
  • Work closely with corporate accounting team to ensure proper tax reporting under US GAAP principles, including presenting tax point of view at various quarterly financial reporting coordination meetings .
  • Interface directly with external audit firm, Including assistance with any data requests or technical questions .
• Tax compliance oversight, research, and planning. In conjunction with the main tax compliance team:
  • Over all oversight for preparation and review of annual US federal, state and local, and foreign income tax return filings. This includes federal Forms 1120, 1065, 5471, 5472 and related state income tax forms .
  • Coordination with both internal staff and outsourcing firms .
  • Ensure the quality and accuracy of workpapers, schedules, calculations and other items related to federal tax return filings, estimated tax payments, extension payments, and tax sharing agreements .
  • Partner with Treasury and Financial Planning & Analysis leadership to lead tax forecasting, cash tax planning, and effective tax rate management .
  • Direct the research and analysis of complex tax issues, and review and approve memorandums documenting the appropriate tax treatment and related tax reporting .
  • Oversee external facing reports for investors and partners and present tax matters to investors and senior leadership as needed .
• Support the income tax team’s work related to tax audit and notice processes with the IRS and relevant state and local taxing jurisdictions , ensuring the team is effectively managing the following:
  • Coordination with federal and SALT auditors for IDRs to ensure the company responds on a timely basis.
  • Compilation of IDR responses with income tax staff, outsourcing firm and cross functional groups. Review compiled information. Ensure responses are provided by agreed to delivery date.
  • Preparation of technical research for IDR responses or review research prepared by other parties.
  • Ensure team tracks and reviews tax exposures as issues are developed
• Partner with the Vice President of Tax & Treasury to develop and execute tax strategy, including tax planning opportunities and risk management .
• Oversee research of indirect tax filing requirements and coordinate with advisors as needed .
• Collaborate with the Vice President of Tax to lead, mentor, and develop the income tax team, including setting priorities, assigning and managing workload, conducting performance reviews, and building a talent pipeline .
• Processes and controls
  • Lead the implementation of tax technology initiatives .
  • Design changes and maintain the tax internal control framework, and partner with internal audit and accounting on SOX and control testing .
  • Lead tax due diligence, structuring, and integration of new businesses and acquisitions
  • Drive continuous improvement of processes and procedures as the company expands in both new and established markets
  • Lead special projects, including legal entity restructuring and rationalization .
  • Work cross functionally with company departments and external partners and serve as a trusted tax advisor to senior leadership .

REQUIRED EXPERIENCE, EDUCATION AND SKILLS

• Bachelor’s d egree in accounting or business degree with accounting concentratio n
• Advanced degree and/or credentials preferred: MST, MAcc , LLM, or CPA
• 8+ years tax experience (public accounting or relevant corporate tax experience required ) including at least:
  • 8 + years of federal and state corporate and partnership income tax compliance experience; and
  • 5 + years of tax provision experience (ASC 740)
• 3+ years of experience managing and developing tax professionals
• Experience in manufacturing organization preferred
• OneSource Tax Provision or comparable software experience required
• Experience with financial accounting systems required
• Advanced proficiency in MS Excel and MS Office required
• Ability to research complex tax issues, work within a team environment to identify solutions, and communicate recommendations in a clear and timely manner.
• Ability to work in a highly regulated, evolving, and multi‑entity environment with complex tax structures.
• Ability to effectively communicate with cross‑functional company departments and external participants
• Excellent analytical skills, attention to detail, and ability to synthesize data into actionable insights.
• Ability to work independently in a highly organized manner

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

$145,000 - $165,000 USD

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.

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.

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.

California Consumer Privacy Act (CCPA) Notice to Applicants:

Please read the California Employee Privacy Notice (CA Privacy Notice) regarding Sunnyside and its affiliate Cresco Labs’ policies pertaining to the collection, use, and disclosure of personal information. This CA Privacy Notice supplements the information contained in the Sunnyside Privacy Policy and applies to California resident employees and job applicants. Applicants with disabilities may access this notice in an alternative format by contacting [e-mail]

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self‑identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Cresco Labs’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A \"disabled veteran\" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service‑connected disability.

A \"recently separated veteran\" means any veteran during the three‑year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An \"active duty wartime or campaign badge veteran\" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An \"Armed forces service medal veteran\" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.