Our client is an emerging leader in Cannabis Extraction and Contract Manufacturing in the Bay Area, with plans to expand globally.
As a true business partner to the CEO, the Chief Financial Officer (CFO) will assist in the company strategy and raising capital in the private and public markets, develop financial forecasts / reporting as well as develop tools and systems to provide critical financial / operational information to the CEO and make actionable recommendations on strategy, operations and expansion.
JOB DUTIES AND RESPONSIBILITIES:
Assist the CEO in raising capital in the private and public markets. Be able to speak with authority on the business model and financial model to institutional investors and analysts.
Represent the Company and future financial performance to financial partners, including financial institutions, investors, auditors, public officials, etc.
Analyze acquisition targets, joint ventures and strategic investments. Assist in building financial models around each of these relationships and work wirh legal to craft beneficial contracts
Develop and lead financial strategy, goals and objectives for fast growing contract manufacturer. Build financial department, systems, software and reporting.
Oversee long-term budgetary planning and costs management
Participate in key decisions pertaining to strategic initiatives, operating model and operational execution
Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); Weekly cash flow forecast
Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors)
Complete analysis of financial results; Develop recommendations (strategic and tactical). Develop and execute analysis of various business initiatives (e.g., new product lines, new formulations, etc.)
Engage the board finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery
Oversee cash flow planning and ensure availability of funds as needed. Manage cash flow providing short and long-term cash flow planning.
Oversee cash, investment, and treasury and asset management
Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans
Coordinate the development and monitoring of budgets
Participate in corporate policy development as a member of the senior management team
Engage the finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections
Build and oversee accounting department to ensure proper maintenance of all accounting systems and function; supervise company
Ensure maintenance of appropriate internal controls and financial procedures
Coordinate audits and proper filing of tax returns
Ensure legal and regulatory compliance regarding all financial functions
Oversee preparation of month-end, quarter-end, and year-end financial statements
Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation
Enhance and implement financial and accounting systems, processes, tools and control systems
Serve as final point of escalation for Accounts Receivable/Accounts Payable issues
Develop and manage accounting staff
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits
Oversee weekly cash management; Approve weekly payables; Execute check signing
REQUIRED EDUCATION AND SKILLS:
Bachelor’s degree in Accounting or Finance required; CPA/MBA preferred
10+ years of Finance and Accounting experience in a manufacturing and/or sales environment. Must have a strong cost accounting background.
Experience in presenting to investors and raising capital
Manufacturing and Cost Accounting knowledge a plus
5+ years of experience in both FP&A and Reporting roles at a Corporate/Division. Experience in both traditional as well as entrepreneurial companies - IPO experience in the US and Canada a plus
Excellent written and oral communication skills
Experience all Microsoft Products (Excel, Word, PowerPoint), preferred experience with Microsoft Dynamics. Previous work with ERP/Planning Systems.
Demonstrated leadership ability, team management, and interpersonal skills
Excellent analytical and abstract reasoning skills, plus excellent organization skills
Extremely well organized, data driven and comfort managing multiple projects/ stakeholders
Compensation: $175-220K Based on Experience
If this sounds like the position you have been waiting for, please apply using the online application or the link below - all inquiries are strictly confidential. Our focus is to assist you to make your best next career move, and we will not use your information for any other purpose.
CannabizTeam is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. ind-124