Financial Compliance Manager

Title: Financial Compliance Manager

State Role

Title:

Salary Non-Specified

Hiring Range: $100,937 - $116,077

Pay Band: UG

Agency: VA Cannabis Control Authority

Location:VA Cannabis Control Authority

Agency Website:cca.virginia.gov

Recruitment Type: General Public - G

• Applies state cannabis financial regulations and compliance standards.
• Interprets statutes, administrative rules, policies, and reporting requirements.
• Advises internal teams and licensees on regulatory expectations and compliance obligations.

• Conducts thorough financial audits, risk assessments, and transactional reviews.
• Identifies financial irregularities, fraud indicators, or money laundering risks.
• Evaluates financial controls, reporting systems, and documentation for compliance accuracy.

• Conducts comprehensive financial compliance investigations of cannabis licensee establishments, including on site audits, document reviews, interviews, and detailed analysis of financial systems and processes.
• Examines accounting records, bank statements, tax filings, point of sale data, seed to sale system records, and internal controls to identify irregularities or compliance gaps.
• Utilizes investigative techniques to detect potential fraud, money laundering, diversion, under reporting, or other financial misconduct.
• Coordinates with enforcement, legal, licensing, and external regulatory partners to gather information and support cross agency investigations.
• Maintains accurate investigative files, evidence logs, timelines, and case documentation to support administrative or legal actions.
• Ensures all investigative activities follow legal standards, agency procedures, and ethical guidelines.

• Evaluates complex or ambiguous financial scenarios and identifies the root causes of compliance concerns or discrepancies.
• Uses critical thinking and analytical methodologies to detect patterns, identify risks, and develop practical solutions that ensure regulatory compliance.
• Anticipates potential financial risks or emerging patterns of noncompliance within the cannabis industry and proposes proactive mitigation strategies.
• Makes sound, timely decisions using investigative evidence and professional judgment, even when information is incomplete.
• Designs corrective action recommendations that balance regulatory requirements, agency priorities, and operational realities of licensees.

• Produces detailed, accurate, and well supported investigative reports that clearly outline findings, evidence, regulatory implications, and recommended actions.
• Translates complex financial data into clear, understandable summaries for internal leadership, legal teams, enforcement partners, and decision makers.
• Maintains thorough documentation that meets audit, legal, and regulatory standards.
• Present investigative findings in meetings, hearings, or internal briefings with clarity and professionalism.
• Ensures all reports are objective, consistent, evidence based, and aligned with agency policies.

• Communicates clearly with licensing, enforcement, legal, and partner agencies.
• Engages constructively with cannabis licensees to explain findings, compliance expectations, and remediation steps.
• Supports training and educational initiatives related to financial compliance.

• Handles sensitive financial and business information responsibly.
• Demonstrates impartiality, integrity, and high ethical standards in all investigations and interactions.

• Follow workplace safety regulations and adhere to applicable standards, processes, and programs established for your position.
• Report unsafe work conditions to your supervisor.
• Immediately report work-related incidents to your supervisor and participate in accident investigation requests.

• Principles of accounting, auditing, and financial analysis.
• Regulatory frameworks governing the cannabis industry.
• Anti money laundering (AML) concepts and financial risk indicators.
• Business operations, financial reporting systems, and internal control structures.
• Strong analytical, investigative, and critical thinking skills.
• Advanced proficiency with financial software, spreadsheets, and data analysis tools.
• Excellent written and verbal communication skills.
• Skilled in organizing, documenting, and managing multiple investigations.
• Interpret complex financial data and identify inconsistencies.
• Apply laws,…