Accountant

TRADITIONAL.COM
Los Angeles, CA Full Time
POSTED ON 5/17/2022 CLOSED ON 6/25/2022

What are the responsibilities and job description for the Accountant position at TRADITIONAL.COM?

A progressive company with offices in downtown Los Angeles, California that has extensive experience in all areas of the legal cannabis industry. We have developed world-class facilities and vertically integrated businesses for the production, manufacturing, distribution, and sale of cannabis. 

JOB ACCOUNTABILITIES: 
The Accountant will play a key role in ensuring the timely and accurate generation of financial records. He or she should have strong communication skills and the ability to work efficiently, proactively, and independently. The primary responsibilities for this position will be the processing of all cash, accounts receivable, and accounts payable cycles, and accounting for the inventory, revenue, and cost of sales of a cannabis cultivation site, and the cash, accounts receivable, and accounts payable cycles, and accounting for the inventory, revenue, and cost of sales of a company store. In addition, the Staff Accountant will focus on maintaining internal controls and reporting over physical cash. 

JOB RESPONSIBILITIES:
  • Daily posting of cash, customer billings, and expense reporting within QuickBooks.
  • Verifying the accuracy of all documents received and distributed.
  • Responsible for recording and processing all commissions generated on a weekly basis.
  • Implement, manage, and record all activities for petty cash.
  • Maintain customer master files within the sale and invoicing software.
  • Maintain vendor master files within QuickBooks.
  • Issue W9s and properly account for all information needed to file 1099s.
  • Manage check requests process, obtain all approvals, and proper account coding for disbursements.
  • Creation of journal entries for all wire transfers and ACHs.
  • Maintain efficient and complete record-keeping for all accounting department files.
  • Accurate chart of accounts coding for all disbursements.
  • Perform account analysis and reconciliation of intercompany general ledger accounts.
  • Implement a process for reconciliation of all vendor statements.
  • Perform accurate and timely month-end bank reconciliations for all checking accounts.
  • Preparing month-end journal entries and account analyses for certain balance sheet accounts.
  • Preparation of Form 8300 and submission to Internal Revenue Service for cultivation-related sales.
  • Maintain good communication with operating staff to ensure proper accounting of operations (will require to travel up to 20% within California).
  • Other duties as assigned.

SKILLS & JOB QUALIFICATIONS
  • 2-3 years' experience.
  • Strong Microsoft Excel skills.
  • QuickBooks Enterprise - Desktop Experience preferred. Flexible and adaptable to a dynamic environment. Good planning and organizational skills.
  • Written and verbal communication skills a must. Degree in accounting.

BILINGUAL (Spanish & English) is preferred! 

Salary : $7,500,000 - $8,500,000

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