Treasury Manager

COMPANY OVERVIEW

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey.

Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis.

At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.

If you’re interested in joining our mission, click the below links to join our team today!

At Cresco, we aim to lead the nation’s cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to.

The Treasury Manager is responsible for managing all day-to-day treasury functions, including cash management, liquidity forecasting, debt compliance, and banking relationships. This role also oversees the company’s insurance programs, including policy placement, renewals, claims management, and risk mitigation strategies. The ideal candidate thrives in a dynamic environment, is highly detail-oriented, and can operationalize treasury processes for a complex, multi-state business.

• Oversee daily cash positioning and ensure sufficient operating liquidity across all entities.
• Lead the development and maintenance of weekly, monthly, and long-term cash flow forecasts
  .
• Manage enterprise-wide cash movement, including intercompany transfers, funding, and cash optimization strategies.
• Maintain all banking relationships; oversee account openings/closures and bank fee negotiations.
• Improve treasury policies, controls, and processes to strengthen financial discipline.
• Manage compliance with debt agreements
  , including covenant tracking, reporting, and lender deliverables.
• Partner closely with FP&A, Accounting, Tax, M&A and Operations to ensure accurate cash reporting and projections.
• Support and facilitate month/quarter end accounting and reporting for treasury transactions.
• Implement treasury technology or automation initiatives to streamline manual processes.
• Lead and develop a team of treasury professionals.

• In conjunction with our third-party insurance broker, oversee the company’s full insurance portfolio, including property, liability, D&O, workers’ compensation, auto, and other lines as needed.
• Manage the annual insurance renewal process
  , working closely with brokers, underwriters, and internal stakeholders.
• In conjunction with our third-party insurance broker, help facilitate claims administration, documentation, and communication between internal teams and insurance partners.
• Ensure Cresco maintains appropriate coverage levels to protect company assets and mitigate operational risks.
• In conjunction with our third-party insurance broker, conduct risk assessments and present recommendations for new policies or coverage enhancements.

• Prepare management reporting on cash, liquidity, insurance exposures, and risk metrics.
• Develop dashboards and…