Full-Time

Head of Finance/Controller

Confirmed live in the last 24 hours

1906

1906

51-200 employees

Microdosed cannabis products for daily wellness

Food & Agriculture
Healthcare

Compensation Overview

$180k - $220kAnnually

+ Annual Bonus

Expert

New York, NY, USA

Category
Financial Controller
Financial Planning
Management Accounting
Accounting
Required Skills
Inventory Management
Requirements
  • A minimum of 10 years of relevant experience in controllership, preferably in retail, ecommerce, CPG companies with a manufacturing background.
  • Proven track record in a high-growth, venture-funded startup environment.
  • Experience with direct-to-consumer ecommerce and inventory management in manufacturing.
  • Multi-state tax expertise.
  • A detail-oriented, data-driven individual who excels in dynamic environments.
  • High integrity with a history of proven performance.
  • Higher education degree, CPA or CMA preferred.
  • Coachable personality with a zeal for advancement in the fast-paced cannabis industry.
Responsibilities
  • Act as a disciplined financial steward of the company, with a robust emphasis on effective cash flow management, financial planning, and budgeting.
  • Oversee the full spectrum of accounting operations, including AR, AP, cash management, payroll, and fixed assets, ensuring stringent financial discipline across all processes.
  • Develop and execute comprehensive financial strategies to support the company's growth, while maintaining a keen focus on sustainability and profitability.
  • Present narrated financial statements monthly, manage close schedules and lead proactive fiscal planning to align with the company's strategic objectives.
  • Spearhead system upgrades to streamline financial operations and reporting capabilities, with a focus on innovation and agility to adapt to the rapidly evolving e-commerce landscape.
  • Ensure rigorous compliance with all tax obligations and manage external audits with precision and transparency.
  • Recruit, train, and mentor the Accounting team, instilling best practices in financial management and fostering an environment of continuous professional growth.
  • Maintain all general ledger accounts with meticulous accuracy and serve as a financial liaison between the Finance Department and various business units.
  • Manage and reconcile inventory costs judiciously, optimizing for cost-effectiveness and operational efficiency.
  • Generate and interpret financial reports, budgets, forecasts, and cash-flow analyses, delivering actionable insights to guide decision-making.
  • Manage Investor Relations including periodic reporting and cap table management.
  • Engage collaboratively with the CEO and Executive Team in Investor Relations and strategic financial planning, ensuring a cohesive financial vision.
Desired Qualifications
  • Coachable personality with a zeal for advancement in the fast-paced cannabis industry.

1906 specializes in microdosed cannabis products that are designed to fit easily into everyday life. Their products are infused with cannabis and are tailored to promote specific functional experiences such as happiness, energy, relaxation, and brainpower. Each product is created to be straightforward and user-friendly, making cannabis a more trusted and normal part of daily wellness for health-conscious consumers seeking natural alternatives to traditional wellness solutions. Unlike many competitors, 1906 focuses on compliance with federal regulations, ensuring that all products contain hemp-derived Delta 9 THC levels below 0.3%. The company generates revenue through direct sales on their website and partnerships with retail outlets, aiming to provide accessible wellness options for consumers.

Company Stage

Late Stage VC

Total Funding

$32.5M

Headquarters

Denver, Colorado

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing consumer interest in microdosing boosts 1906's market appeal.
  • Cannabis delivery services align with 1906's direct-to-consumer platform.
  • Older adults seeking natural wellness solutions present a new market for 1906.

What critics are saying

  • Increased competition from companies using advanced data analytics platforms.
  • Potential regulatory changes could impact cannabis product distribution.
  • Market saturation in cannabis-infused products could limit growth opportunities.

What makes 1906 unique

  • 1906 offers fast-acting cannabis products with effects in 20 minutes.
  • The company focuses on wellness, not just recreational cannabis use.
  • 1906's products are microdosed for precise, predictable results.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Parental Leave

Telehealth Options

401(k) Company Match