Accounting Assistant

Scope and Summary of the Position:

The Accounting Assistant will assist the Accounting Manager with daily accounting operations, including payroll processing, accounts payable, purchasing policy compliance, reconciliations, recordkeeping, and general accounting support. This position plays an important role in maintaining accurate financial records, supporting internal controls, and ensuring company transactions are processed timely and in accordance with company policies, accounting procedures, and applicable compliance requirements.

Primary Duties and Responsibilities:

• Accurately record and reconcile daily sales receipts to maintain up-to-date revenue records
• Calculate and record the cost of goods sold (COGS) to facilitate accurate financial reporting
• Track and document cash transactions in cash count log, ensuring proper reconciliation and reporting
• Record and reconcile bank transactions, including deposits, withdrawals, and transfers, to maintain accurate cash balances
• Record purchase orders and vendor invoices in the accounting system, verifying accuracy and maintaining a well-organized accounts payable system
• Collaborate with the inventory team to ensure accurate valuation of inventory, making necessary adjustments as needed
• Assist in the preparation and maintenance of monthly budgets, tracking variances and providing insights for better financial decision-making
• Process employees' bi-weekly payroll and ensure accurate recording of employee payroll checks, tax liabilities, and benefits, maintaining compliance with tax regulations
• Reconcile and maintain balance sheet accounts, including assets, liabilities, and equity
• Generate customized financial reports as needed by management to support strategic decision-making
• Analyze and review financial statements (Income Statement, Balance Sheet, Cash Flow Statement) to ensure accuracy and provide insights for the business

Minimum Qualifications:

• 3+ years of experience in accounting, finance
• 1+ years of accounting experience in cannabis or similar industry
• 2+ years in Microsoft Programs such as Microsoft Excel, Word, Teams Etc.
• 1+ year of payroll processing
• 1+ year of QuickBooks experience
• Experience and knowledge of reconciliation of point of sale data
• Knowledge of accounting principles and regulations

Technical Skills:

• Strong analytical and problem-solving skills
• Detail-oriented with excellent organizational skills
• Strong communication and teamwork skills
• Ability to work under pressure and meet deadlines

Physical Demands:

The physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the position provided no undue hardship would result.

• The individual is required to regularly sit at a computer and enter data for extended periods of time
• The individual is required to listen and talk to individuals and before groups in the performance of the job
• The individual is regularly called upon to deal with stressful situations and a high work volume
• The individual is regularly required to stand and walk for extended periods of time
• The individual is occasionally required to bend, stretch, and use hands to handle or feel objects, tools, or controls and to reach with hands and arms
• The individual is occasionally required to lift up to 25 lbs.
• The position requires some scheduling flexibility
• Hybrid role working in multiple locations, travel to retail locations and distribution facilities as needed.

The duties and responsibilities described above may provide only a partial description of this position. This is not an exhaustive list of all aspects of the job. Other duties and responsibilities not outlined in this document may be added as necessary or desirable, with or without notice.

Benefits

• Medical
• Dental
• Vision
• 401K with employer match
• PTO

Mission Statement: Prairie Island CBH, Inc. is a tribally owned cannabis company committed to being a source of pride for our community and the cannabis industry. We operate a highly controlled, high-quality, multi-faceted operation that provides a broad range of cannabis products and services.

Disclaimer and Conditions of Employment: All Prairie Island CBH, Inc., employees must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodation will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.

Due to the highly regulated nature of the commercial cannabis business, any offer and employment with the Company is contingent on passing several employment screenings, including without limitation, receiving an employee license from the Prairie Island Cannabis Regulatory Commission.

The Prairie Island Indian Community Tribal Employment Rights Ordinance applies to this and all employment opportunities for the Community.