About 1906:
We started 1906 because we believe cannabis is the greatest medicine on earth. Our goal is to make cannabis a trusted, normal part of daily wellness with products that are easy to understand and easy to fit into your life and offer the most healthful format of cannabis available. 1906 is named for the last time cannabis was widely accepted as a beneficial medicine. The Wiley Act was enacted the following year, beginning nearly a century of misguided cannabis prohibition with devastating consequences. We say it’s high time to make cannabis accessible and understandable for all—for the greater good (and the greater fun).
Our finance team is seeking a Head of Finance and Accounting -
As the Head of Finance and Accounting, your role will be pivotal in steering our financial operations and strategies. Reporting directly to the CEO, you will be responsible for managing the accounting team and overseeing all financial activities in compliance with GAAP. You will be at the forefront of system upgrades, tax compliance, and providing valuable insights to cross-functional leaders through data and analytics.
Key Responsibilities:
- Act as a disciplined financial steward of the company, with a robust emphasis on effective cash flow management, financial planning, and budgeting.
- Oversee the full spectrum of accounting operations, including AR, AP, cash management, payroll, and fixed assets, ensuring stringent financial discipline across all processes.
- Develop and execute comprehensive financial strategies to support the company's growth, while maintaining a keen focus on sustainability and profitability.
- Present narrated financial statements monthly, manage close schedules and lead proactive fiscal planning to align with the company's strategic objectives.
- Spearhead system upgrades to streamline financial operations and reporting capabilities, with a focus on innovation and agility to adapt to the rapidly evolving e-commerce landscape.
- Ensure rigorous compliance with all tax obligations and manage external audits with precision and transparency.
- Recruit, train, and mentor the Accounting team, instilling best practices in financial management and fostering an environment of continuous professional growth.
- Maintain all general ledger accounts with meticulous accuracy and serve as a financial liaison between the Finance Department and various business units.
- Manage and reconcile inventory costs judiciously, optimizing for cost-effectiveness and operational efficiency.
- Generate and interpret financial reports, budgets, forecasts, and cash-flow analyses, delivering actionable insights to guide decision-making.
- Manage Investor Relations including periodic reporting and cap table management
- Engage collaboratively with the CEO and Executive Team in Investor Relations and strategic financial planning, ensuring a cohesive financial vision.
Qualifications:
- A minimum of 10 years of relevant experience in controllership, preferably in retail, ecommerce, CPG companies with a manufacturing background.
- Proven track record in a high-growth, venture-funded startup environment.
- Experience with direct-to-consumer ecommerce and inventory management in manufacturing.
- Multi-state tax expertise.
- A detail-oriented, data-driven individual who excels in dynamic environments.
- High integrity with a history of proven performance.
- Higher education degree, CPA or CMA preferred.
- Coachable personality with a zeal for advancement in the fast-paced cannabis industry.
TOTAL REWARDS:
- $180,000 - $220,000 base salary (dependent on experience), plus annual bonus based on performance
- Unlimited PTO (subject to manager approval)
- 100% employer-paid medical insurance for employees
- Dental and vision benefit options
- Parental Leave
- FSA
- Life Insurance Options
- Short Term Disability
- Long Term Disability
- Telehealth Options
- Unlimited growth potential in one of the fastest growing industries!
What We Do
1906: Innovating Wellness through Cannabis
Founded in 2016, 1906 is a pioneering cannabis company dedicated to creating fast-acting, functional products that integrate seamlessly into modern lifestyles. Named after the year when cannabis was last used as mainstream medicine, 1906 seeks to restore the plant to its rightful place in society as a tool for wellness, rather than merely for recreation.
1906 stands apart in the cannabis industry with its mission to provide premium, functional cannabis products that address specific wellness needs, including sleep, focus, relaxation, energy, and intimacy. While many cannabis brands emphasize high THC content for recreational effects, 1906 focuses on health-conscious consumers seeking precise, predictable results. Its proprietary fast-acting technology allows products to take effect within 20 minutes—setting the company apart in a market where edibles can take up to two hours to deliver effects. This speed, combined with carefully formulated dosing, provides users with a consistent and reliable experience, cementing 1906’s position as a premium, wellness-driven cannabis brand.
The company has successfully positioned itself as a leader in the growing functional cannabis market, appealing to professionals, busy parents, athletes, and health enthusiasts. 1906 products are available across legalized states, both in dispensaries and through its direct-to-consumer platform, launched in 2023, expanding accessibility to adults across the U.S.
1906 has experienced strong growth since its inception, driven by increasing consumer demand for cannabis products that serve wellness goals beyond recreational use. The launch of its direct-to-consumer platform in 2023 is expected to accelerate revenue growth, as the company expands its national reach and taps into new markets. With cannabis consumption continuing to rise and legalization spreading across the country, 1906 is positioned for sustained financial success