Job Summary
The Finance Associate is responsible for supporting the day-to-day accounting and financial operations of the company. This role ensures accurate financial records, timely payment processing, regulatory compliance, and provides financial reporting and analysis to support business operations. The ideal candidate is detail-oriented, organized, and able to manage multiple priorities in a fast-paced, highly regulated environment.Essential ResponsibilitiesAccounts Payable & Expense Management
- Process and code a high volume of vendor invoices accurately and timely.
- Set up and maintain vendor accounts.
- Perform vendor statement reconciliations and resolve discrepancies.
- Process ACH, wire transfers, and other electronic payments in real time.
- Review and process employee expense reimbursements.
- Enter and reconcile company credit card and debit card transactions.
- Ensure accurate 1099 reporting and year-end vendor compliance.
Accounting & Financial Operations
- Maintain accurate financial records in QuickBooks Enterprise, ensuring current updates and accuracy at all times.
- Assist with month-end and year-end closing activities.
- Reconcile general ledger accounts, bank accounts, and balance sheet accounts weekly.
- Monitor accounts payable and accounts receivable to ensure accuracy and timely processing bi-weekly.
- Maintain organized financial documentation for audits and internal reviews, at all times.
Financial Reporting & Analysis
- Prepare monthly financial reports, including balance sheets, income statements, and cash flow reports.
- Analyze financial performance and identify budget variances.
- Assist with annual budgeting, forecasting, and cash flow projections.
- Support leadership with financial reporting and ad hoc analysis.
Compliance & Internal Controls
- Ensure compliance with GAAP and company accounting policies.
- Review invoices for sales tax accuracy and calculate use tax when applicable.
- Calculate all sales, excise, property, real estate and other required tax filings in a timely manner, to ensure efficient cash flow projections.
- Maintain internal controls (spending, budgeting, etc) to safeguard company assets and financial data.
- Ensure compliance with state and federal regulations, including cannabis industry financial requirements.
Collaboration & Support
- Partner with Operations, Purchasing, and Human Resources to support financial processes.
- Provide professional customer service to vendors and internal stakeholders.
- Recommend process improvements to increase efficiency and accuracy.
- Perform other duties as assigned.
QualificationsEducation
- Bachelor's degree in Accounting, Finance, or a related field preferred.
- CPA or MBA is a plus.
Experience
- Minimum of 3 years of accounting or finance experience.
- Experience with accounts payable, reconciliations, and financial reporting.
- Experience in the cannabis industry or another highly regulated industry is preferred.
- Working knowledge of GAAP and accounting best practices.
Skills & Competencies
- Proficiency in QuickBooks Enterprise.
- Advanced Microsoft Excel skills.
- Strong analytical, organizational, and problem-solving abilities.
- Exceptional attention to detail and accuracy.
- Ability to prioritize multiple deadlines in a fast-paced environment.
- Excellent written and verbal communication skills.
- Ability and willingness to work independently and collaboratively across departments.
- High level of integrity and discretion when handling confidential financial information.
Licensing RequirementApplicants must possess or be able to obtain a Colorado Marijuana Enforcement Division (MED) Employee Badge. Employment is contingent upon successfully obtaining and maintaining an active MED badge.
Benefits:
Work Location: In person
