VP of Finance & Accounting


The VP of Finance & Accounting will drive the Company’s yearly and long term business planning and budgeting processes, conduct analysis, and provides strategic and sound financial advice on the overall direction of the Company. Native Roots is an entrepreneurial company, and as such the successful candidate will need to be able to jump into work and handle a variety of tasks while partnering and supporting individuals at all levels of the organization. Duties and Responsibilities Strategy, Planning and Management Act as strategic business partner to executive leadership team and Owners Establish credibility throughout the organization and with the Owners as an effective developer of solutions to business challenges Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts Conduct analysis and provide insight and recommendations to both short-term and long-term growth plan of organization Identify, acquire and implement systems and/or software to provide critical financial and operational information. Make suggestions for automating processes and increasing working efficiency Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team Create and establish yearly financial objectives that align with the company’s plan for growth and expansion Select and engage consultants, auditors and investors Recruit, interview and hire finance, accounting and payroll staff as required 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 Interact with and bring department into line with strategic plans, initiatives and recommendations Implement policies, procedures and processes as deemed appropriate by senior leadership team Mentor and develop the finance and accounting team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs Financial Analysis, Budgeting and Forecasting Prepare and present monthly financial budgeting reports including; monthly profit and loss, forecast vs. budget, and cash flow and sales reports. Highlight and monthly variances and prepare action plans Review and analyze monthly financial results and provide recommendations Identify, develop and execute analysis of business initiatives, product launches and/or new 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. Participate in regularly scheduled meetings with the Executive Leadership Team and Owners 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, coach and mentor staff Review and ensure application of appropriate internal controls, compliance and financial procedures Ensure timeliness and accuracy of financial and management reporting data 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 Work with Human Resources and the Compliance Department to ensure appropriate legal compliance Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies to ensuring timely and accurate closing process 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 Facilitate the company budgeting process in collaboration with Controller and Chief Revenue Officer Enhance and implement financial and accounting systems, processes, tools and control systems Hire, develop and manage accounting staff 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 Controller and Accounting/Finance staff Financial Management Manage cash flow planning process and ensure funds availability Oversee cash, investments and asset management 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 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 to include cannabis specific legislation and tax code Other duties as assigned Qualifications Must already possess or be able to qualify to receive a Colorado Marijuana Enforcement Division (MED) support badge Colorado residency, no felony convictions, and must successfully pass an extensive background check conducted by the Marijuana Enforcement Division Must be a strategic thinker that understands Finance best practices and is capable of developing and implementing a strategic plan that advances the team in line with organizational goals Must be able to execute tactically and opportunistically to achieve strategic goals Must be a sincere, collaborative team leader who, when needed, places the overall success of the organization and team ahead of their own professional priorities A strong and savvy communicator who is able to build relationships with people at all levels of an organization Strong business/ financial acumen and ability to understand and logically work through business problems to proper resolution An energetic, forward-thinking and creative individual with high ethical standards An excellent negotiator who is experienced in contracts Education and Experience 10+ years finance experience with increasing levels of responsibility Demonstrated success in any of the following positions: VP Finance, or other Senior level finance manager/executive who has held responsibility for duties listed in this job description Experience developing and managing financial models, monthly reporting, and variance analysis Experience scaling a company with rapid growth and expansion plans preferable Bachelor's Degree with MBA, CPA, CFA, or Big 4 (highly desirable) Demonstrated experience managing cash, treasury, and cost allocation Excellent written and oral communication skills; ability to communicate ideas in both technical and user-friendly language Strong analytical, reasoning and problem-solving skills Demonstrated listening and interpersonal skills Keen attention to detail and ability to multi-task with frequent interruptions Able to prioritize and execute tasks in a fast-paced environment Experience working in a team-oriented, collaborative environment Background coordinating with I.T. staff to manage and/or upgrade accounting system. ERP Systems implementation experience strongly preferred. ERP Systems Experience – SAP, JD Edwards, PeopleSoft, or MS Dynamics experience preferred Demonstrated leadership ability, confidence and executive presence – ability to motivate staff. Significant experience working with external auditors, internal controls and compliance-related issues.

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