The Head of Finance and Accounting will manage financial operations, oversee accounting team, ensure compliance with GAAP, and deliver financial insights to support growth and sustainability. Responsibilities include cash flow management, budgeting, tax compliance, system upgrades, and investor relations.
About 1906:
We started 1906 because we believe cannabis is the greatest medicine on earth. Our goal is to make cannabis a trusted, normal part of daily wellness with products that are easy to understand and easy to fit into your life and offer the most healthful format of cannabis available. 1906 is named for the last time cannabis was widely accepted as a beneficial medicine. The Wiley Act was enacted the following year, beginning nearly a century of misguided cannabis prohibition with devastating consequences. We say it’s high time to make cannabis accessible and understandable for all—for the greater good (and the greater fun).
Our finance team is seeking a Head of Finance and Accounting -
As the Head of Finance and Accounting, your role will be pivotal in steering our financial operations and strategies. Reporting directly to the CEO, you will be responsible for managing the accounting team and overseeing all financial activities in compliance with GAAP. You will be at the forefront of system upgrades, tax compliance, and providing valuable insights to cross-functional leaders through data and analytics.
Key Responsibilities:
- Act as a disciplined financial steward of the company, with a robust emphasis on effective cash flow management, financial planning, and budgeting.
- Oversee the full spectrum of accounting operations, including AR, AP, cash management, payroll, and fixed assets, ensuring stringent financial discipline across all processes.
- Develop and execute comprehensive financial strategies to support the company's growth, while maintaining a keen focus on sustainability and profitability.
- Present narrated financial statements monthly, manage close schedules and lead proactive fiscal planning to align with the company's strategic objectives.
- Spearhead system upgrades to streamline financial operations and reporting capabilities, with a focus on innovation and agility to adapt to the rapidly evolving e-commerce landscape.
- Ensure rigorous compliance with all tax obligations and manage external audits with precision and transparency.
- Recruit, train, and mentor the Accounting team, instilling best practices in financial management and fostering an environment of continuous professional growth.
- Maintain all general ledger accounts with meticulous accuracy and serve as a financial liaison between the Finance Department and various business units.
- Manage and reconcile inventory costs judiciously, optimizing for cost-effectiveness and operational efficiency.
- Generate and interpret financial reports, budgets, forecasts, and cash-flow analyses, delivering actionable insights to guide decision-making.
- Manage Investor Relations including periodic reporting and cap table management
- Engage collaboratively with the CEO and Executive Team in Investor Relations and strategic financial planning, ensuring a cohesive financial vision.
Qualifications:
- A minimum of 10 years of relevant experience in controllership, preferably in retail, ecommerce, CPG companies with a manufacturing background.
- Proven track record in a high-growth, venture-funded startup environment.
- Experience with direct-to-consumer ecommerce and inventory management in manufacturing.
- Multi-state tax expertise.
- A detail-oriented, data-driven individual who excels in dynamic environments.
- High integrity with a history of proven performance.
- Higher education degree, CPA or CMA preferred.
- Coachable personality with a zeal for advancement in the fast-paced cannabis industry.
TOTAL REWARDS:
- $180,000 - $220,000 base salary (dependent on experience), plus annual bonus based on performance
- Unlimited PTO (subject to manager approval)
- 100% employer-paid medical insurance for employees
- Dental and vision benefit options
- Parental Leave
- FSA
- Life Insurance Options
- Short Term Disability
- Long Term Disability
- Telehealth Options
- Unlimited growth potential in one of the fastest growing industries!
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