Full-Time

Accounting Supervisor

Posted on 11/19/2024

LeafLink

LeafLink

201-500 employees

Wholesale platform for cannabis commerce

Enterprise Software
Consumer Goods

Compensation Overview

$85k - $115kAnnually

Mid, Senior

New York, NY, USA

Category
Auditing
Financial Accounting
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting or finance
  • CPA preferred
  • 5+ years of experience in accounting or finance roles
  • Public accounting experience
  • Strong knowledge of GAAP and other regulatory requirements
  • Experience with month-end close processes and financial statement preparation
  • Experience with coordinating and working closely with billings team
  • Experience with audit coordination and working with external audits
  • Strong communication and interpersonal skills
  • Ability to manage multiple priorities
  • Experience with ERP systems (Sage is a plus) and proficiency in Microsoft Excel
Responsibilities
  • Manage and perform the month-end financial close process for one of the Company’s entities, ensuring accuracy and completeness of the financial data including preparation of accounting journal entries, reconciling accounts, and reviewing journal entries prepared by other accounting team members.
  • Prepare and analyze monthly, quarterly, and annual financial statements.
  • Prepare management reports required for internal reporting.
  • Assist in the annual audit process, including coordination with external auditors and preparation of audit schedules.
  • Oversee the billings operations team to ensure timing invoices with customers and work to resolve any billing issues as they arise.
  • Provide system implementation support by serving as a finance member of system implementation teams where the company is implementing new systems/software that impact the finance/accounting team.
  • Develop and maintain company accounting policies and procedures to ensure compliance with US GAAP and other regulatory requirements.
  • Assist with relevant tax filings.
  • Collaborate with cross-functional teams to drive process improvements and enhance financial reporting capabilities.
  • Assist with special projects and provide ad-hoc operational accounting support, as needed.

LeafLink operates as a wholesale platform in the cannabis industry, connecting retailers, brands, and distributors. It provides e-commerce tools that facilitate efficient order management and communication among over 8,400 retailers and 3,700 brands and distributors. The platform simplifies the cannabis supply chain by offering user-friendly dashboards for tracking orders and messaging features for streamlined communication. LeafLink differentiates itself by managing a significant portion of the US wholesale cannabis market, with 52% market share and presence in 30 markets, serving over 12,000 companies. Its goal is to optimize the cannabis commerce experience, reduce administrative burdens, and support sustainable growth in the industry.

Company Stage

Series D

Total Funding

$222.8M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

26%

1 year growth

24%

2 year growth

-24%
Simplify Jobs

Simplify's Take

What believers are saying

  • LeafLink's strategic partnerships, such as with the New York Cannabis Retail Association and Leafgistics, enhance its service offerings and market reach.
  • Winning the Green Market Report Finance Award for best financial tech provider highlights LeafLink's innovative payment solutions in a challenging banking environment.
  • The potential reclassification of cannabis as a Schedule III drug could significantly ease payment and banking restrictions, benefiting LeafLink's business model.

What critics are saying

  • The cannabis industry remains highly regulated and subject to legal uncertainties, which could impact LeafLink's operations and growth.
  • Dependence on the evolving legal landscape for cannabis banking solutions poses a risk to LeafLink's financial services.

What makes LeafLink unique

  • LeafLink's platform specifically caters to the cannabis industry, providing a tailored solution that addresses unique regulatory and operational challenges faced by cannabis businesses.
  • The company manages 52% of all US wholesale cannabis, demonstrating its dominant market presence and extensive network.
  • LeafLink's comprehensive suite of e-commerce tools, order management, CRM, and reporting features offer an all-in-one solution that simplifies the cannabis supply chain.

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Benefits

Comprehensive health coverage

401k plan

Company equity

Team outings + events

Flexible PTO + holidays

Employee volunteer days