At TerrAscend, we are on a mission to shape the future of the cannabis industry by creating leading marijuana-based therapies for patients and developing premium products for legalized adult recreational use. We are one of the largest and fastest growing multi-state, vertically integrated cannabis operators in North America. We’re on a roll and are just getting started!
It’s a Joint Effort
We believe that How We Work Together Matters. Our priority is to assemble a team that believes not just in what we do but how and why we do it. Our most successful team members know that being of service to our patients, our customers, and each other is what separates us from other organizations. Our continued success is dependent upon bringing together the brightest minds in business with best-in-class cultivation and elevated patient and customer experiences, so we continue to set the standard for the industry.
Sound like weed be a good fit? Here’s where you come in.
TerrAscend is looking for an Accountant, Fixed Assets and Leases, to support our growing organization as an enterprise-wide owner for recording and analyzing facility costs of the organization. The ideal candidate will play a critical role in supporting TerrAscend’s growth. Working directly for the Corporate Controller and working closely with Facilities and regional finance teams across the organization, this role will support unified reporting, analytics through data and insightful analysis for decision making. The role will be a key partner to the enterprise.
We are looking for a proactive contributor who will help standardize the fixed asset and lease accounting function for the organization as we are poised for growth. In this role, you will be responsible for building and unifying our facility P&L costs through consistent recording and reporting. Supporting the entire organization, you will improve the overall fiscal performance by providing key indicators to management for decision making. The role will work closely with the corporate FP&A function as well as Senior Leadership team at both the Business Units and TerrAscend Corporate.
To be blunt, this person will be:
- Responsible for recording of all enterprise-wide fixed asset and lease entries
- Lead the consistent recording and framework of enterprise-wide recording of fixed asset and lease accounting throughout the organization through consistent and repeatable processes
- Performs review of all posting into the Fixed Asset Module (FAM) within the system for all entities to validate entry by accounts payable for accuracy
- Partners with accounting and leadership to understand investments in fixed assets and accurate in-service timing.
- Ensures consistency and accuracy in fixed asset depreciation posting to general ledger accounts and related cost center reporting
- Works closely with Facilities and IT teams to assure accuracy of reporting
- Provides monthly CAPEX reporting to the business and completes required Roll forward reporting
- Responsible for maintaining all leases in the Lease Accounting software and posting related monthly lease accounting entries to the related operating entities.
- Performs balance sheet reconciliations for all fixed asset and lease related accounts, including timely resolution of reconciling items
- Works closely with the external reporting team quarterly to provide required 10-Q or 10-K disclosure information
- Supports external audit requests and inquires related to fixed asset and lease accounting
- Facilitates audits by providing records and documentation to auditors.
- Provide ad hoc monthly, quarterly, and annual reporting as required
- Other duties as assigned
What We’re High On... We value diverse skillsets, talents, and experiences. To be successful in this role, we know you’ll need:
- Bachelor’s degree, or equivalents, in Accounting, Finance or related discipline
- 2+ years of accounting experience, including multi-entity organizations
- Experience with application of ASC 360 and ASC 842
- Prior experience managing fixed asset and lease schedules
- Able to build and sustain strong relationships at multiple levels internally and with partners
- Ability to provide analytical analysis and insightful recommendations as requested
- Knowledge of end-to-end financial reporting activities
- Demonstrate ability to work in a manner conducive to our company’s core values
- Highly proficient with Microsoft Office including, Excel, Word, and PowerPoint
- Analytic problem solving, solutions-oriented
- Strong Written and Verbal Communication, ability to write clearly and concise
- Strong attention to detail, excellent organization abilities
- Strong communication, collaboration, and interpersonal skills
- Quickly adapts work to support changing priorities
- Demonstrate future oriented thinking and apply it to current work
- Effectively and professionally communicate and engage with teams at all levels
- Practice active listening and probing questioning skills
- Demonstrates ability to facilitate complex and time sensitive decisions
