Cannabis Financial Operations Specialist

3 days ago

kakinada, India beBeeFinance Full time

Cannabis Financial Lead Role OverviewThe Cannabis Financial Lead will oversee accounting, reporting, and compliance for cannabis industry clients. This role requires strong US GAAP expertise, 280E understanding, cost accounting for cultivation/manufacturing, and the ability to operate in a fast-scaling environment.Manage full-cycle accounting, general ledger, month-end closing, and financial statements under US GAAP.Prepare accurate P&L, balance sheet, cash flow statements, and variance analysis.Ensure proper revenue recognition for B2B, managed services, and subscription products.Cannabis-Specific Financial Compliance:Apply IRC Section 280E rules to ensure compliant tax positioning.Manage cost of goods sold (COGS) allocations for cultivation, processing, and retail.Work with METRC/seed-to-sale data to validate inventory valuation and audit trails.Coordinate with external auditors, tax advisors, and regulatory bodies.Budgeting, Forecasting & FP&A:Build annual budgets, rolling forecasts, scenario models, and financial dashboards.Provide insights on margins, pricing models, and operational KPIs.Lead financial planning for new product launches and expansion initiatives.Cash Flow & Operational Finance:Oversee AP/AR, vendor management, and cash-flow planning.Improve working capital processes and financial controls.Implement automation tools and tech-based financial workflows.Qualifications:Licensed CPA (active).6–10 years of total finance/accounting experience.Minimum 2–3 years of experience in the cannabis industry (cultivation, manufacturing, retail, or ancillary services).Strong expertise in US GAAP, 280E, cost accounting, and financial modeling.Experience working with METRC, QuickBooks, ERP systems, and cannabis POS platforms.Excellent analytical, communication, and leadership skills.Ability to thrive in an early-stage, fast-paced environment.Preferred Skills:Experience in multi-entity consolidations.Background in SaaS/tech-enabled services financial operations.Knowledge of state-by-state cannabis compliance requirements.Strong Excel and data visualization skills.This role supports regulated cannabis operations in legal international markets.

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