Vice President of Finance

2 weeks ago

Scottsdale, United States MFused Full time

**SUMMARY OF ROLE**:
Are you ready to be at the forefront of a rapidly evolving and dynamic industry? Join MFUSED, a leading Cannabis company, in our quest to redefine the boundaries of innovation and quality. We are seeking a visionary **VP of Finance** to play a pivotal role in our ambitious expansion plans, both in the United States and globally. If you're a finance leader with a passion for shaping the future and thrive in a collaborative, results-driven environment, we invite you to bring your expertise to MFUSED.

**ESSENTIAL DUTIES AND RESPONSIBILITIES (include the following, but other duties may be assigned)**:

- As a highly visible operational role, you will develop and implement financial strategies to fuel MFUSED's growth and success in the dynamic Cannabis industry.
- Drive financial planning, budgeting, forecasting and reporting processes with a keen focus on optimizing resources and achieving excellence.
- Be the strategic architect of timely and accurate financial reporting and analysis, providing actionable insights that steer our company's trajectory, presented regularly to internal stakeholders, founders and external partners.
- Mentor and lead a dynamic finance team, fostering a culture of innovation and excellence.
- Collaborate seamlessly with the executive leadership team across functions to ensure financial alignment with our mission and vision.
- Oversee the budgeting process, collaborating with department heads to create and monitor budgets that optimize resource allocation and support strategic initiatives.
- Lead cash flow management, optimizing working capital, liquidity, and capital allocation to support ongoing operations and future growth.
- Lead Cost Accounting workstreams to drive favorable profit margins.
- Lead Enterprise Spend Management initiatives including Delegation of Authority, Procurement approvals, Expense Policies and Commission Reconciliation.
- Manage all Banking relationships.
- Oversee working capital strategy of A/R, A/P and Inventory levels.
- Ensure 100% financial regulatory compliance and work with IT to combat cyber fraud
- Conduct detailed financial modeling and scenario analysis to assess potential investments and cost-saving initiatives.
- Champion compliance with financial regulations and industry-specific reporting requirements.

**SUPERVISORY RESPONSIBILITIES**:

- Directly lead and inspire the finance team located in multiple offices throughout the company; including accountants, bookkeepers, controller, analysts, and support staff.

**CERTIFICATES, LICENSES, REGISTRATIONS**:

- CPA, CFA or CMA certification is a distinct advantage.

**EDUCATION AND EXPERIENCE**:

- A Bachelor's degree in Finance, Accounting, Business Administration, or related field is essential; an MBA is highly advantageous.
- A track record of at least 7 years of progressive financial leadership, with a minimum of 3 years in senior management roles.
- Proven experience in financial planning and analysis.
- Experience with investor relations, fundraising, investor financing, M&A and capital markets is a significant asset.
- Proven experience in financial management within the Cannabis industry is a significant asset.

**COMPETENCIES (SKILLS AND ABILITIES)**:

- Exhibit profound financial acumen, with a mastery of financial modeling, analysis, and risk management.
- Demonstrate exceptional leadership and team-building skills, propelling your team and our company toward greatness.
- Proficiency in financial analysis and reporting tools is second nature to you.
- Possess extensive knowledge of Cannabis industry financial regulations and best practices (include tax).
- Communicate complex financial information with eloquence and precision.
- Adapt with agility to an ever-changing industry landscape, providing the strategic financial guidance that sets us apart.

**PHYSICAL DEMANDS/WORK ENVIRONMENT**:

- This role is office-based with standard office hours.
- Occasional travel may be required.

**About MFUSED**:
MFUSED is a minority-owned and operated Cannabis company headquartered in Seattle, Washington, with other offices in Phoenix, Arizona; Bangkok, Thailand; and soon to be Long Island, New York. We are committed to crafting safe and effective marijuana and hemp-derived cannabinoid products, setting the bar for excellence in our industry. As the largest marijuana brand in Washington State and the fastest-growing marijuana brand in Arizona, we are expanding our influence across states and continents. This role will be based either in our Seattle or Phoenix offices, offering an exciting opportunity to be a part of an innovative and rapidly growing industry leader.

**Equal Employment Opportunity Statement**:
Pay: $120,000.00 - $200,000.00 per year

**Benefits**:

- Dental insurance
- Health insurance
- Paid time off
- Vision insurance

**Education**:

- Bachelor's (preferred)

**Experience**:

- finance: 7 years (preferred)
- leadership: 3 years (preferred)

Ability to Relocate:

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