Director, Finance - Business Operations

Verano Holdings - Chicago, IL

Full-time - Senior

Chicago, IL

About the position

Verano Holdings Corp. is seeking a Director of Finance - Business Operations to join our team in Chicago, IL. This position is pivotal in supporting the General Manager of the State Cultivation activities, acting as a key business partner. The Director will oversee the financial operations of the Cultivation Center, ensuring that all financial control processes and systems comply with company policies and applicable regulations. The role involves monitoring plant operations results against operating plans, advising on financial matters, and directing the preparation of financial, production output, and other reports used to measure and control Cultivation Center activities and costs. The Director will lead the financial and capital budgeting process for the Cultivation Center, recommending and implementing programs to improve productivity, increase efficiencies, and reduce costs. This position requires a proactive approach to ensure that project and department milestones and goals are met while adhering to approved budgets. The Director will also support cost accounting, accounts receivable/payable, and payroll functions as needed. The successful candidate will be responsible for developing and maintaining the cost accounting system, ensuring timely and accurate financial statements in accordance with US GAAP, and preparing performance reports for the Cultivation Center. In addition to these responsibilities, the Director will review all Cultivation Center invoices, approve accounts payable, assist with audits, and participate in month-end closing activities. This role requires strong analytical skills, attention to detail, and the ability to communicate effectively with management and executives to achieve business objectives. The Director will also be expected to assist in the design and maintenance of standard costs for all Cultivation Center products, analyze manufacturing operations, and ensure thorough documentation of account analysis and reconciliation.

Responsibilities

• Develop and maintain the cost accounting system, documents, and records of the Cultivation Center.
• Assist in designing and maintain all standard cost of all Cultivation Center products.
• Analyze manufacturing operations, equipment availability, and utilization.
• Ensure financial statements are prepared timely and accurately in accordance with current US GAAP.
• Ensure account analysis, reconciliation, and review is performed and documented thoroughly and timely.
• Prepare daily/weekly/monthly Cultivation Center performance reports.
• Review all Cultivation Center invoices and ensure proper coding.
• Approve all Cultivation Center A/P.
• Prepare capital project documentation, project accounting, and post-project follow-up and review.
• Assist management and executives to achieve all business objectives.
• Assist with all Cultivation Center audits.
• Assist in month-end closing, prepare journal entries as necessary, and analyze inventory valuation and inventory roll forward.
• Other duties as assigned.

Requirements

• Bachelor's degree in Accounting or Finance required.
• Strong history in cost accounting in a manufacturing environment (food or pharmaceutical preferred).
• Minimum seven years' experience in general ledger and accounting reconciliation activities, with proven ability and experience in month-end closing.
• Proactive, hands-on, results-oriented style.
• Strong decision-making and problem-solving skills with practical judgment and realistic understanding of the issues involved.
• Strong analytical and written/verbal communication skills and interpersonal skills.
• Strong attention to detail with consistent accuracy.
• Strong computer skills with Intermediate to Advanced Excel skills.
• Experience with Sage Intacct or other ERP system is preferred.