Sr Analyst, Corporate Tax
COMPANY OVERVIEW
Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey.
Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis.
At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.
If you’re interested in joining our mission, click the below links to join our team today!
MISSION STATEMENT
At Cresco, we aim to lead the nation’s cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to.
JOB SUMMARY
Cresco Labs is seeking a Corporate Tax Senior Analyst. The Corporate Tax Senior Analyst will report to the Corporate Tax Manager and has responsibility for preparation and review of Cresco Labs and its subsidiaries tax provision calculations and disclosures for its quarterly and annual public filing requirements. In addition, this position is responsible for reviewing federal and state income tax returns for Cresco Labs and its subsidiaries. The Corporate Tax Senior Analyst will also prepare and improve processes for tax forecasting, participate in tax integration for new businesses and acquisitions, as well as assist with special projects as needed. Our ideal candidate must be a self-starter with strong analytical skills who is highly organized with great attention to detail.
CORE JOB DUTIES
- Prepare and review the quarterly and annual tax provision
- Mentor fellow tax department members
- Tax provision
- Prepare and review the calculation of federal tax expense, reconciliation of tax account balances, prepare tax basis balance sheet adjustments
- Maintain inventory of deferred tax assets
- Prepare quarterly tax accounting journal entries, including domestic return-to-accrual analyses and financial statement impact of audit settlements
- Prepare global uncertain tax position documentation processes, working in conjunction with advisors on legal and regulatory changes
- Work closely with corporate accounting team to ensure proper tax reporting
- Prepare schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes
- Tax compliance preparation, research and planning
- Review annual US federal, state and local, and foreign income tax return filings
- Prepare workpapers, schedules, calculations and other items related to federal and state tax return filings as well as estimated tax payments, extension payments and tax sharing settlements
- Assist with research on various complex tax issues to determine the appropriate tax treatment and related tax reporting
- Support IRS exam process, administration and drafting of responses to tax notices and preparation and filing of amended federal tax returns
- Work closely with Treasury and Financial Planning & Analysis groups on tax forecasting
- Prepare written memorandums for review by the Corporate Tax Manager
- Assist with indirect tax filings and research as needed
- Processes and controls
- Assist in the implementation of new tax technology initiatives, including income tax and provision preparation software
- Build and maintain tax internal controls, for returns, provisions, and indirect tax
- Assist with tax integration for new businesses and acquisitions
- Help drive the continuous improvement of processes and procedures as the company expands in both new and established markets
- Assist with special projects both within and outside the tax provision process, including legal entity restructuring and rationalization
- Work cross functionally with company departments and external partners
REQUIRED EXPERIENCE, EDUCATION AND SKILLS
- Bachelor’s degree in accounting or business degree with accounting concentration
- Advanced Degree preferred: MST, MAcc or LLM
- CPA license or are working towards obtaining a CPA license
- 2+ years accounting experience (public accounting or relevant corporate tax experience required) including at least one year of core federal tax compliance and tax provision experience (ASC 740/IAS 12)
- OneSource Tax Provision experience preferred
- Experience in complex global manufacturing organization preferred
- Ability to research complex tax issues, work within a team environment to resolve such issues, and communicate results in a clear/timely manner
- Strong interpersonal skills and consistent follow through on assigned tasks
- Experience with financial accounting systems (Intacct and SAP helpful)
- Advanced proficiency in MS Excel and MS Office required
- Ability to work independently in a highly organized manner
BENEFITS
Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D. We also offer eligible employees paid holidays and paid time off. Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position.
ADDITIONAL REQUIREMENTS
- Must be 21 years of age or older to apply
- Must comply with all legal or company regulations for working in the industry
Cresco Labs is an Equal Opportunity Employer and all applicants will be considered without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.