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Finance Director

4Front Ventures (CSE: FFNT / OTCQX: FFNTF) is a fast-moving national cannabis grower, distributor, and retailer headquartered in Phoenix, Arizona with active operations in Massachusetts, Illinois, and Washington. Focusing on Excellence, People, Integrity, and Courage, 4Front Ventures is building a responsible and people-focused company that consistently produces high-quality products, ensures access to cannabis through top service and affordable brands, and provides value through job creation and community engagement. From plant genetics to the cannabis retail experience under the Mission Dispensary brand, 4Front’s team applies expertise across the entire cannabis value chain.


We are seeking a highly skilled and proactive Director of Finance to join our dynamic and fast-growing cannabis company. Reporting directly to the CFO, the Director of Finance will play a critical role in driving the financial strategy of the organization. This position will focus on budgeting, KPI reporting, financial modeling, treasury management, and operational efficiency to support informed decision-making and sustained growth in a highly regulated industry.


ESSENTIAL RESPONSIBILITIES
  • Budgeting & Forecasting:
  • Develop, refine and manage the company’s annual strategic business plan, ensuring alignment with strategic goals.
  • Work with department heads to create accurate forecasts and monitor adherence to budgets. This includes revising forecasts quarterly as based on actual business trends
  • Meet with department heads and the executive team on a normal cadence to review operating results and provide insights into revenue generation, effective management of spending and headcount related costs
  • Provide quarterly revenue targets by facility and segment

  • KPI Reporting and Financial Modeling:
  • Design and implement new KPI dashboards and reporting frameworks to track financial and operational performance
  • Provide regular insights and recommendations based on KPI trends to drive both financial and operational improvements.
  • Creation and design of various internal management reporting tools
  • Create and maintain monthly managerial reporting package, including variance analysis and internal management discussion and analysis

  • Operational Support:
  • Partner with the CFO to algin finance operations within the company’s strategic goals.
  • Support audits, tax planning and compliance in a cannabis-regulated environment
  • Provide financial insights for investment decisions and capital allocation.

  • Finance Team Leadership:
  • Lead and mentor the finance team, fostering professional development and cross-department collaboration as well as understanding staffing and headcount needs of the department
  • Drive efficiency improvements in financial processes and reporting systems

  • Treasury Management:
  • Oversee cash flow forecasting, liquidity planning and effective deployment of capital.
  • Develop and maintain a robust cash forecast model


QUALIFICATIONS
  • 21+ and currently residing in the USA  
  • Bachelor’s degree in finance, Accounting, or a related field; MBA or CPA preferred
  • Minimum of 10 years of progressive finance or accounting experience, with at least 2 years in a leadership role
  • Proficiency in Microsoft Excel with demonstrated ability to perform analysis, financial and operational modeling and KPI reporting
  • Experience in the cannabis, CPG or other highly regulated industries is preferred
  • Strong problem solving, attention to detail, and organizational skills
  • Enthusiastic and positive energy
  • Ability to analyze complex data sets and turn that information into actionable business insights to support financial and operational decision-making
  • Excellent written and verbal communication skills to present complex financial information clearly and concisely
  • A strong understanding of U.S. Generally Accepted Accounting Principles (“GAAP”)


BENEFITS
  • Employee Discount
  • Health, Vision, Dental Benefits Day One of Employment
  • Sick Pay/PTO Accrual
  • Floating Holidays
  • Parental/Maternity Leave
  • Employee Assistance Program
  • Career Development
  • Advancement Opportunities


WORKING CONDITIONS
  • Work involves physical exertion such as bending, lifting (up to 50 pounds), kneeling, squatting, pivoting, and carrying items/ product on a regular basis. Employees will be required to stand for extended periods and may need to climb ladders or operate equipment. The warehouse environment may be subject to hot and cold temperatures, and ventilation may not be available in all areas. The warehouse environment may be subject to elevated noise volumes due to equipment, machinery, and the movement of goods. The warehouse may be subject to dirt, dust, cleaning solutions, chemicals, and debris from the handling of goods. The warehouse may have safety hazards such as slippery floors, moving equipment, and the presence of hazardous materials. You will need to follow safety protocols and wear appropriate protective equipment.
  • *Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 
  • **Job description is not intended to be all-inclusive. Employees may perform other related duties as negotiated to meet the ongoing needs of the organization.
  • ***4Front Ventures is an Equal Opportunity Employer 


$150,000 - $172,500 a year

*NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

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Average salary estimate

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$150000K
$172500K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Director, 4Front Ventures

At 4Front Ventures, located in the heart of Illinois, we’re on the lookout for an exceptional Finance Director to help steer our financial strategy in the booming cannabis industry. As a fast-moving national cannabis grower, distributor, and retailer, we pride ourselves on a commitment to excellence, integrity, and community engagement, all while delivering high-quality products. In this dynamic role, you’ll report directly to the CFO and take charge of crucial responsibilities like budgeting, KPI reporting, financial modeling, and treasury management. Your expertise will be essential in driving informed decision-making to support our sustained growth in a complex regulatory environment. You’ll collaborate with department heads to ensure accurate forecasts and work to align finance operations with the company’s strategic goals. Moreover, leading and mentoring our finance team while fostering a culture of development and collaboration will be a key part of your role. If you thrive in a fast-paced environment and are eager to contribute to a people-focused company that’s reshaping access to cannabis, we would love to have you on our team. Join us at 4Front Ventures, where your efforts are sure to make a positive impact in the industry and the community.

Frequently Asked Questions (FAQs) for Finance Director Role at 4Front Ventures
What are the main responsibilities of a Finance Director at 4Front Ventures?

The Finance Director at 4Front Ventures holds a crucial role in ensuring financial stability and growth. Responsibilities include developing the annual strategic business plan, managing budgets, forecasting financial outcomes and reporting KPIs. The position also involves collaborating with department heads to monitor performance, conducting variance analysis, and providing insights for operational efficiency and investment decisions.

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What qualifications are needed for the Finance Director position at 4Front Ventures?

Candidates for the Finance Director role at 4Front Ventures should have a bachelor’s degree in finance, accounting, or related fields, with an MBA or CPA preferred. You’ll need a minimum of 10 years of progressive finance or accounting experience, including at least 2 years in a leadership role. Proficiency in Microsoft Excel and a strong understanding of GAAP is also essential, alongside experience in highly regulated environments like cannabis or CPG.

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What skills are essential for a Finance Director at 4Front Ventures?

Key skills for a Finance Director at 4Front Ventures include strong analytical abilities, attention to detail, and problem-solving skills. Excellent written and verbal communication is essential to present complex financial information clearly. A collaborative mindset is also crucial, along with robust leadership capabilities to guide and develop the finance team.

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What is the expected salary range for the Finance Director role at 4Front Ventures?

The salary range for the Finance Director at 4Front Ventures typically falls between $150,000 to $172,500 annually. Factors affecting this may include experience, qualifications, and specific contributions to the financial strategy of the organization.

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What benefits does 4Front Ventures offer for the Finance Director position?

4Front Ventures provides numerous benefits for the Finance Director, including employee discounts, comprehensive health, vision, and dental benefits starting on day one, as well as sick pay and PTO accrual. Additional perks include floating holidays, parental/maternity leave, an employee assistance program, and opportunities for career development and advancement.

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Common Interview Questions for Finance Director
How do you approach budgeting and forecasting for a company like 4Front Ventures?

In responding to this question, emphasize your systematic approach to budgeting. Discuss how you involve department heads for accurate forecasts, monitor trends, and revise budgets based on actual performance. Provide an example of a time when your forecasting led to significant financial insights or savings.

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Can you explain the importance of KPI reporting in your previous roles?

When discussing KPI reporting, highlight its significance in driving strategic decisions. Explain how you have used KPIs to track performance and foster operational improvements in past roles. Mention specific KPIs relevant to the cannabis industry, showcasing your understanding of the sector.

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What experience do you have with treasury management?

For this question, detail your experience in overseeing cash flow forecasting and liquidity planning in previous roles. Offer examples of how you maintained capital efficiently and made strategic financial decisions that supported company growth.

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Describe a time you led a finance team and the outcome of your leadership.

Use this opportunity to share a specific project where your leadership made a difference. Focus on how you mentored team members, enhanced collaboration, and resulted in improved team performance or processes.

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What challenges do you foresee in financial management within the cannabis industry?

To effectively answer this question, discuss issues like regulatory compliance, market volatility, and potential taxation challenges. Articulate strategies you would implement to mitigate these risks based on your extensive experience.

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How do you ensure adherence to GAAP in your financial reporting?

Provide insights into your processes for maintaining compliance with GAAP, illustrating your knowledge with specific practices that you implement to ensure accuracy and transparency in financial reports.

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How would you help improve the financial processes at 4Front Ventures?

Talk about your approach to identifying inefficiencies and implementing improvements in financial processes. Share examples where you have successfully streamlined reporting systems or improved operational efficiency in prior positions.

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What techniques do you use for successful financial modeling?

Discuss various financial modeling techniques you are adept in, underscoring any experience using complex data analysis. Provide an example where your model led to valuable insights or strategic decisions.

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How do you handle financial audits in a regulated industry?

Detail your approach to preparing for financial audits, focusing on compliance, documentation, and how you coordinate with auditors to ensure accurate and efficient reviews. Mention any specific experiences in cannabis or other regulated industries.

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What motivates you to pursue a finance leadership role at 4Front Ventures?

Express your enthusiasm for working in the cannabis industry and how the values of 4Front Ventures resonate with you. Share your vision of aligning financial strategies with the company’s mission to ensure community engagement and sustainability.

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Full-time, on-site
DATE POSTED
December 12, 2024

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