Accounting Manager

THE COMPANY

PAX is a leading global cannabis brand on a mission to enhance people’s lives, delivering well-being through pure products, unique experiences, and an unparalleled passion for the plant. For more than a decade, PAX has provided products that are simple, enjoyable, and trusted by millions. PAX has been recognized for its brand, culture and products by The New York Times’ Wirecutter, TIME, Fast Company, GQ, Gear Patrol, mg Magazine, High Times, and many more. PAX is committed to making a positive impact through PEACE BY PAX, its purpose-driven platform supporting social reform, safe access and sustainability. 

We are incredibly excited about the progress of the movement, the tremendous growth of the industry, and inspired every day by our opportunity to help change lives through cannabis. Our culture is focused on putting people at the center of everything we do, making an impact together, and having fun along the way. Our team has an unparalleled passion for the plant and has helped build business at the forefront of consumer experience and well-being, including Apple, Google, Uber, Fitbit, Constellation, Honest Company, Beauty Counter, Eaze, Curaleaf, Wyld and more. PAX has raised over $430MM in capital from leading consumer and technology investors and is available for sale in some capacity in more than 40 countries around the world.

The Role:

As Accounting Manager, you will lead the month-end close, oversee the accounts payable function, review account reconciliations, provide OPEX / spend reports, and support technical accounting matters. You will coordinate with external auditors and tax consultants, identify process improvements, and initially manage two AP staff members. The role reports to the Assistant Controller and may assume management responsibility for two senior accountants as the team structure evolves. 

RESPONSIBILITIES

• Lead and coordinate the month-end close process, ensuring the timely and complete execution of assigned close tasks
• Develop a thorough understanding of AP processes and assume responsibility for approving weekly payment runs
• Ensure timely entry of AP bills, closure of the AP module, and review of month-end accrued liability journal entries 
• Ensure accuracy of vendor coding and accruals that enables timely reporting of spend by channel, department, and categories
• Partner with other departments to track spend by project
• Minimize year-end audit cleanup through detailed monthly review of account reconciliations.  
• Serve as a subject matter expert for complex account balances, including (but not limited to) internally developed software and leases (ASC 842). 
• Review month-over-month fluctuations and contribute to month-end financial statement analysis discussions 
• Work directly with the external auditor and tax consultant to manage the year-end audit and tax return processes
• Own ad hoc projects, including reclassification projects, process assessments and revisions, and process documentation 
• Identify and implement improvements that increase the accuracy and efficiency of the month-end close process

QUALIFICATIONS

• Bachelor’s degree in Accounting
• Strong understanding of US GAAP and financial statement preparation. 
• 3-10 years of progressive accounting experience in industry and/or public accounting; Big Four or large regional public accounting experience preferred.
• Experience with cost accounting or general inventory accounting
• Ability to manage, coach, and develop accounting staff, including assigning responsibilities, reviewing work, providing feedback, and supporting overall team performance 
• Strong analytical and problem-solving skills with a high level of attention to detail
• Strong written and verbal communication skills 
• Be comfortable working in a rapidly changing environment and dealing with ambiguity
• Self-motivated with the ability to work independently
• Experience with Acumatica ERP or other mid-market ERP system is preferred
• CPA preferred

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Compensation

In addition to the benefits below, this role has a pay range between $115,000-145,000 and equity. The pay range represents what we believe, in good faith, this role will pay. The final salary offer will be determined based on a variety of factors including, but not limited to, depth of experience, geographic location, and relevant education/training.

 

PAX VALUES

Put Consumers First - We are here to enhance their lives. We put their needs first in everything we do. We work together to deliver unique solutions for their benefit.

Build a Community - We are active and beneficial builders of a global community. We collaborate together to support sustainability, well-being and social equity efforts—both internally and externally—to establish cannabis as a force for good.

Innovate with Passion - We are passionate about enhancing the cannabis experience by making it positive, accessible and intuitive. We set the standards, innovate for consumers and find the yes as a team. 

Be the Solution and Collaborate - We work as a team to achieve winning outcomes, knowing we each individually are the solution, but can only succeed together.

Lead with Humility and Transparency - We stay open and humble in everything we do. We value learning from each other, and cultivate transparency in our culture and products.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.