[KIT-list] Financial Controller (Arcata, CA)

Monday, August 09, 2021

If you are interested in this role, please direct your responses to: https://flower-company.breezy.hr/p/d8e4ccd0c3e8-financial-controller

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Financial Controller

FLOWER CO. is adding a skilled Financial Controller who will be responsible for monitoring our company's financial health. We are a complicated company with manufacturing, e-commerce, co-packer management, forward commodity contracting, and all revenue in cash. We need someone with relevant experience. The Controller will be responsible for all aspects of financial management including corporate accounting, regulatory and financial reporting, budget and forecasts preparation. The Controller will also review and develop our internal control policies and procedures as well as perform financial risk management.

As the Controller, you will perform, plan, and direct the accounting operations You will report detailed information, analyze financial data in support of project cost/schedule statuses, and present findings. The ideal candidate will be highly self-motivated, detail-oriented, capable of managing their workload and prioritizing tasks in a fast-paced startup environment.

This position will be located at our Production and Distribution facility in Arcata, Humboldt County.

To apply, please visit: https://flower-company.breezy.hr/p/d8e4ccd0c3e8-financial-controller

What you'll do
• Review and organize the entire stack of company's accounting operations: Billing, A/R, A/P, Cost Accounting, Inventory Accounting and Revenue Recognition, GL and Counsel
• Build processes to ensure accurate accounting for a business that combines: e-commerce, manufacturing, co-packer management, commodity forward contracting with multiple wholly & partially owned subsidiaries
• This is a 100% cash business (we are banked but our customers pay us in cash), you will maintain strong cash controls
• Manage the preparation of the budget and financial forecasts and prepare reports on the results
• Oversee company's month-end and year-end close processes, as well as flash reports for weekly closes on COGs / contribution margin
• Perform quality control over financial transactions and financial reporting
• Maintain accurate 26-week cash flow model
• Oversee the preparation of regulatory reporting
• Create timely monthly financial statements, budgets, forecasts and present them to the executive team
• Recommend benchmarks to measure the company's ongoing performance
• Ensure compliance with state reporting requirements, applicable laws and tax filings
• Enter balance sheet CAPEX, including depreciation schedules and impairments and approve journal entries
• Develop existing team members and request additional head count when necessary


Who you are
• Bachelor's degree in Accounting, Finance or Business
• CPA and/or CMA preferred but not required
• 5+ years' experience in Accounting Leadership
• Experience with developing processes from the ground up OR significant rebuild if processes to maintain quality and speed– not just someone with experience following processes others previously set up
• Experience with accounting best practices for manufacturing, co-packers, and reselling finished goods
• Profound experience with accounting procedures and principles
• Significant experience with general ledger functions, the month-end/year end close process and financial statements management
• Excellent management and supervisory skills.
• Excellent written and verbal communication skills; Ability to effectively communicate with management, peers, and staff.
• Excellent organizational and time management skills.
• Ability to read, analyze, and interpret financial reports and legal documents.
• Ability to respond effectively to the most sensitive inquiries from the business.
• Proficient in accounting and tax preparation software
• Experience with Microsoft Office and Google Suite
• Deep understanding of QuickBooks
• Start-up environment background is a plus
• Comfortable moving at a very fast pace – we frequently develop new lines of business and are getting increasingly vertical, its key we build a solid financial process at the same pace we launch new things – but you cannot be the choke point preventing progress


About the CEO

Ted Lichtenberger is a former McKinsey consultant, Y Combinator alumnus, and serial cannabis founder. In addition to FLOWER CO., Ted also co-founded Old Pal and supply chain company, West of West. Check out his LinkedIn to get to know him better: https://www.linkedin.com/in/tedlichtenberger/.

About FLOWER CO.
FLOWER CO. sells weed on the internet. We've built an end-to-end software and operations system for sourcing, fulfillment, delivery, and e-commerce in a highly regulated industry. We're tackling big, unique problems to solve in a massive space that is growing exponentially with wider legalization.

FLOWER CO. is backed by some of the best investors in Silicon Valley and OG cannabis industry insiders. By working with us, you'll get amazing exposure to all of the workings of a successful cannabis startup from tech and cannabis industry veterans. Join our dream team and grow with us!

To apply, please visit: https://flower-company.breezy.hr/p/d8e4ccd0c3e8-financial-controller




FLOWER CO. is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. FLOWER CO. is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know.





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