Verano Holdings, LLC, is made up of a conglomeration of highly-successful cannabis companies across the United States. The Company is currently moving toward entering the public markets on the Canadian Securities Exchange and seeks a competent, highly-skilled CFO to help the Company through the process.
Basic Function: The chief financial officer position is accountable for the administrative, financial, andrisk managementoperations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
Principal duties are:
Planning
- Assist in formulating the company's future direction and supporting tactical initiatives
- Monitor and direct the implementation of strategic business plans
- Develop financial and tax strategies
- Manage the capital request and budgeting processes
- Develop performance measures that support the company's strategic direction
Operations
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
- Oversee the financial operations of subsidiary companies and foreign operations
- Manage any third parties to which accounting or finance functions have been outsourced
- Oversee the company's transaction processing systems
- Implement operational best practices
- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
- Supervise acquisitiondue diligenceand negotiate acquisitions
Financial Information
- Oversee the issuance of financial information
- Personally review and approve alldisclosures with the Canadian Securities Exchange and other regulatory authorities
- Report financial results to the board of directors
Risk Management
- Understand and mitigate key elements of the company's risk profile
- Monitor all open legal issues involving the company, and legal issues affecting the industry
- Construct and monitor reliable control systems
- Maintain appropriate insurance coverage
- Ensure that the company complies with all legal and regulatory requirements
- Ensure that record keeping meets the requirements of auditors and government agencies
- Report risk issues to the audit committee of the board of directors
- Maintain relations with external auditors and investigate their findings and recommendations
Funding
- Monitor cash balances and cash forecasts
- Arrange for debt and equity financing
Third Parties
- Participate in conference calls with the investment community
- Maintain banking relationships
- Represent the company withinvestment bankersand investors
Desired Qualifications: The candidate chief financial officer should have a master's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation, preferably a public company. Should have experience in partnering with an executive team, and have a high level of written and oral communication skills. Preference will be given to candidates with an MBA in Finance and theCertified Public AccountantorCertified Management Accountantdesignations.
Working Conditions: Will work in an office environment. Travel to company subsidiaries may be necessary, as well as for investorroad shows.
Job Type: Full-time
Salary: $125,000.00 to $175,000.00 /year
Experience:
Location:
Required travel: