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Chief Financial Officer

HempStaff, LLC in Denver, CO, USA

Compensation

$70,000 Annually

Employment Type

Full-Time

Why Work Here?

“Get into the booming Cannabis / Hemp Industry!”

Strategy, Planning and Management

  • Serve as Chief Financial Officer and strategic business partner to senior executive leadership team.
  • Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
  • Provide insight and recommendations to both short-term and long-term
  • growth plan of organization.
  • Communicate, engage and interact with Board of Directors, CEO, CD
  • O, COO and Executive Leadership Team.
  • Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
  • Engage with consultants, auditors and investors.
  • Serve as a key member of executive leadership team and round table discussion panel.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Implement policies, procedures and processes as deemed appropriate by senior leadership team.
  • Complete all SEC filings, 10-Q, and 10-K audits successfully and on time.

Financial Analysis, Budgeting and Forecasting

  • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
  • Review and analyze monthly financial results and provide recommendations.
  • Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
  • Develop and maintain monthly operating budget and annual company operating budget.
  • Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

Accounting, General Ledger, Administration and Operations

  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Review and ensure application of appropriate internal controls, SOX compliance and financial procedures.
  • Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company’s board of directors.
  • Oversee the preparation and communication of weekly, monthly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state and federal tax returns.
  • Ensure SOX compliance regarding all financial functions.
  • Work with Company to ensure appropriate legal compliance.
  • Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
  • Oversee preparation of monthly, quarterly and annual financial statements.
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
  • Enhance and implement financial and accounting systems, processes, tools and control systems
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
  • Coordinate and strategize methods used to attain team goals with the Executive Team.

Financial Management

  • Manage cash flow planning process and ensure funds availability.
  • Oversee cash, investments and asset management area.
  • Explore new investment opportunities and provide recommendations on potential returns and risks.
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

Financial Relations and Policies

  • Engage finance committee and/or board of directors to develop short term and long-term plans, projections and budgets.
  • Represent company to banks, financial partners, institutions, investors, public auditors and officials.
  • Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Cash Management

  • Oversee weekly cash management and AP Department, approve large payables, initiate large wires and ACHs
  • Oversee Accounts Receivable management and provide guidance relating to the collection process

Chief Financial Officer (CFO) – Position Requirements

  • Bachelors Degree in Accounting or Finance
  • CPA Required
  • Background in Public Accounting
  • 3 years minimum experience in a publicly traded corporation.
  • Multiple years total accounting or finance experience
  • Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance and SEC reporting. Preferred candidate also has experience in 280E cannabis tax laws and regulations.
  • Systems implementation experience strongly preferred.
  • Outstanding communication and presentation skills.
  • Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.
  • Excellent analytical, reasoning and problem-solving skills
  • Significant experience working with external auditors, internal controls and compliance-related issues.
  • Experienced in capital raises and structuring financing options

Compensation: $70k+ Annual Salary w/ Potential Bonus and Incentives

NOTE: The Company does not offer 401K or health insurance benefits at this time.

HempStaff, LLC

About HempStaff, LLC:

HempStaff is the industry leader in hemp and cannabis industry recruiting and dispensary training. We are your hemp and cannabis industry headhunters, as we specialize in finding management level employees, such as Master Growers, Extractors or Dispensary Managers, even if we have to relocate them from a different state. We are also there for the inexperienced candidate, with dispensary agent training and certification, that can help them find medical marijuana jobs. For more info check out our website www.hempstaff.com and our job board www.cannabisemployment.com

Company website: https://www.hempstaff.com

Company address: Denver, CO, USA

Posted date: 13 days ago

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