Financial Operations Specialist

2 weeks ago

ballari, India beBeeCompliance Full time

Accounting and Compliance ManagerThis role oversees end-to-end accounting, reporting, and compliance for clients in the cannabis industry. The ideal candidate will have expertise in US GAAP, 280E regulations, cost accounting, and financial modeling.Key Responsibilities: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 and Forecasting: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 and 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.Strategic Projects:Evaluate technology investments, process automation, and financial systems.Support financial due diligence, partnerships, and growth initiatives.Drive financial SOPs, internal controls, and audit readiness.Qualifications:Licensed CPA (active).6–10 years of total finance/accounting experience.Minimum 2–3 years of experience in the cannabis industry.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 a 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.

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