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Cresco Labs · 1 day ago

VP of Tax and Treasury

Chicago, IL

Full-time

Onsite

Director/Executive

$220K/yr - $250K/yr

15+ years exp

Cresco Labs is one of the largest public, vertically integrated operators in the cannabis industry, focusing on normalizing and professionalizing cannabis. The Vice President of Tax and Treasury will develop and execute the company's tax strategy and treasury management framework while ensuring compliance and managing financial relationships.

CannabisHealth CareMedicalPharmaceutical

Responsibilities

Lead Cresco Labs’ overall tax strategy, ensuring compliance with complex federal, state, and local tax requirements, including the unique constraints of IRC Section 280E applicable to the cannabis industry

Oversee the preparation, review, and timely filing of all tax returns, including income, sales/use, excise, and property taxes

Provide executive-level guidance on the tax implications of strategic decisions, including mergers and acquisitions, restructuring, and intercompany transactions

Partner with external advisors and internal stakeholders to structure the organization for long-term tax efficiency and compliance

Lead tax audits and examinations, maintaining strong relationships with tax authorities and advisors to achieve optimal outcomes

Stay ahead of evolving cannabis taxation and regulatory frameworks, proactively identifying opportunities and risks

Oversee the company’s business insurance strategy, including risk assessment, policy selection, renewal, and claims management. Regularly review insurance policies to optimize coverage, manage costs, and support business continuity planning

Oversee all treasury operations, including cash management, forecasting, debt, and investments

Develop and maintain robust short- and long-term cash flow forecasting models to optimize liquidity and support business growth

Manage relationships with banking partners, lenders, and capital markets participants, balancing compliance with financial agility in the restricted banking landscape for cannabis companies

Drive initiatives to enhance working capital efficiency, optimize capital structure, and support strategic financing needs

Ensure strong internal controls, compliance with SOX, and protection of company assets

Build, lead, and develop a high-performing tax and treasury team with a culture of accountability, collaboration, and continuous improvement

Collaborate closely with the CFO, Controller, FP&A, and Legal teams to align financial strategy with business objectives

Present complex tax and treasury matters clearly to executive management, the Audit Committee, and the Board of Directors

Serve as a trusted advisor to senior leadership on all matters related to tax policy, cash flow, and capital strategy

Qualification

Tax strategyTreasury managementLiquidity managementU.S. federal taxationCash flow forecastingCapital structure optimizationSOX complianceStakeholder managementAnalytical skillsLeadership skillsCommunication skills

Required

Bachelor's degree in Accounting, Finance, or related field required; Advanced degree in CPA, JD, or Master's in Taxation strongly preferred

15+ years of progressive experience in corporate tax and treasury management, including leadership roles in a public company or highly regulated industry

Deep technical expertise in U.S. federal and state taxation, including multi-entity and multi-jurisdictional structures; experience with IRC 280E preferred

Proven track record of managing liquidity, cash flow forecasting, and capital structure optimization in a dynamic operating environment

Experience navigating complex compliance frameworks, including SOX and public company reporting standards

Strategic thinker with strong business acumen, analytical rigor, and the ability to translate technical insights into actionable business decisions

Excellent leadership, communication, and stakeholder management skills; proven ability to influence across functions and levels

Passion for Cresco Labs' mission and ability to operate with integrity and agility in a rapidly evolving industry

Must be 21 years of age or older to apply

Must comply with all legal or company regulations for working in the industry