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Manager of Accounts Receivables

terrascend · 30+ days ago
Negotiable
Full-time
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At TerrAscend, we’re on a mission to elevate the lives of our patients and customers. We cultivate exceptional marijuana therapies for patients and high-quality products for legalized adult recreational use. As one of North America's largest and fastest-growing multi-state, vertically integrated cannabis operators, we’re at the forefront of innovation and excellence. Together we grow, shaping the future of cannabis. Join us on this exciting journey and be part of something extraordinary!

It’s a Joint Effort
We believe that how we work together truly matters. Our employees are passionate about what we do and how and why we do it. TerrAscend’s most successful team members understand that serving our patients, customers, and each other is what excels our growth. To keep thriving, we continue to bring together the brightest minds in business with best-in-class cultivation and outstanding patient and customer experiences. This is how we continue to set the industry standard.

Sound like weed be a good fit? Here’s where you come in.

Our next Accounts Receivable Manager will provide accounting leadership within our shared services accounting including credit, customer on-boarding, order processing & invoicing, accounts receivable (A/R), cash collections, cash application, bad debt and other related month end accounting activities. The role is responsible for the process and performance outcomes of the Accounts Receivable team, ensuring the compliance with business unit service level agreements (SLAs), developing, distributing, and monitoring KPIs, leading and motivating teams, ensuring continuous improvement of processes, providing excellent customer service to business units and driving effectiveness through the shared service. This position oversees and drives the supervision and close process for the organizations entire accounts receivable processes. This position will work closely with the Financial Accounting, Finance, Accounts Payable, Master Data, Wholesale Sales, and Retail Operations Teams as well as other corporate finance, accounting, and business leadership.
 
Where you'll be planted:
This is a hybrid position with once per week requirements in our King of Prussia, PA Corporate office.

All benefits-eligible employees are provided the following benefits:

  • Employee Discount (all employees eligible)
  • Paid-Time-Off (varies by State, please ask your Recruiter for more info)
  • Health, vision, and dental insurance
  • 98Point6 (remote primary care)
  • 401k with 4% matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability
  • Flexible Spending Account
  • Wellness Program

To be blunt, this person will:

  • Serve as a Subject Matter Expert (SME) and help oversee the processes in the Order to Cash workstream: design, build and continue to improve processes. 
  • Drive the daily operations of cash reconciliation, accounts receivable, and sales accounting for wholesale, retail, and administrative subsidiaries. 
  • Delegate, supervise, and participate in daily accounting department tasks. Prepare and/or reviewing appropriate ledger entries and accruals.
  • Ensure completeness and accuracy of all assigned accounts, databases, and files, including the completion and review of monthly balance sheet reconciliations.
  • Collaborate with the Senior Manager, Accounting Operations, and other internal departments to design, document, implement, and monitor processes that establish internal controls, ownership, and accountability of involved parties related to cash & sales processing, master data management, procurement, inventory management. Maintaining effective Internal Controls and ensures Standard Operating Procedures are current and being utilized throughout assigned areas.
  • Work closely with accounts payable department, the purchasing department, and inventory management stakeholders concerning master data issues, receiving issues, and the implementation of systems affecting cash, accounts receivable, and inventory processing.
  • Perform ad hoc analysis and projects as requested. Responds timely to inquiries from external and internal customers.
  • Work closely with the various heads of accounting, external auditors, and tax accountants during quarter and year end close to support reporting & regulatory requirements and provide financial commentary and supporting schedules as requested.
  • Become a Change Agent as a part of the Shared Service project team, acting as a liaison between the project and end users, assisting with user adoption of new system and processes (Sweed, Epicor and Wherefore )
  • Monitor KPIs and address any inefficiency and performance issues in a timely fashion to ensure performance is maintained and develop and track KPIs for signs of risk to cash collections / aged debt early, ensuring appropriate actions are taken to mitigate. 
  • Assist and help lead special projects as applicable including the integration of new business acquisitions

What We’re High On... We value diverse skillsets, talents, and experiences. To be successful in this role, we know you’ll need:

  • Bachelor’s degree with a concentration in business or accounting.  
  • 4+ years of progressive accounting experience.  Corporate accounting experience preferred.
  • Three years supervisory experience preferred, effectively managing and growing a team of professionals.
  • Intermediate knowledge of U.S. GAAP, internal control, and Sarbanes Oxley compliance
  • Manufacturing and/or Retail experience preferred.
  • Experience or exposure to all areas of accounting including but not limited to, accounts payable, accounts receivable, cash/revenue, accruals and reserves.  Understanding of the principles of inventory manufacturing processes, retail sales processes, sales and use tax, and public company audit and Sarbanes Oxley compliance.
  • Provide support and training to the staff and other team leaders; provide guidance to accounting staff to optimize performance including assisting in monitoring workloads to ensure timely completion of assigned activities. Provide guidance to Operational and Procurement staff as it relates to cash handling/reconciliation, procurement, and inventory management.
  • Experience working in a highly computerized environment and processing financial transactions using an enterprise resource planning (ERP) system and/or accounting software.  Epicor experience preferred.
  • Advanced Microsoft Excel skills.
  • Accurate, self-starter, with the ability to prioritize and complete tasks with competing deadlines.
  • Professional written and verbal communication with multiple levels and departments.
  • Analytical, detail-oriented, and honest.  

Benefits (Full-Time Employees eligible):

  • Employee Discount (all employees eligible)
  • Paid Time Off
  • Health, vision, and dental insurance (with telehealth option)
  • 401k with 4% company matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability
#LI-TERRASCEND

*** Background Check Requirement ***
As a condition of employment, a complete background investigation will be conducted based on the rules of the specific State in which the employee is hired. Typically, the state investigative process includes a state and federal background check.

EEO Statement
At TerrAscend, employees and applicants are evaluated based on their qualifications, skills, and ability to perform the duties and responsibilities of the position. TerrAscend is committed to assuring equal employment opportunities to all employees and applicants.
TerrAscend is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination based on race, color, religion, creed, gender, pregnancy or related medical conditions, age, national origin or ancestry, physical or mental disability, genetic information, sexual orientation, to include gay, lesbian, bisexual, transgender and gender identity, or any other consideration protected by federal, state or local laws. Our commitment to equal opportunity employment applies to all persons involved in our operations and prohibits unlawful discrimination by any employee, including supervisors and coworkers.

Disclaimer
This job description is not an employment agreement or contract. Management has the exclusive right to alter this job description at any time without notice. The list of job responsibilities, skills, duties, requirements, and the like is not exhaustive, rather it is illustrative of the current essential functions required for the position.

This organization participates in E-Verify.
This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9. E-Verify Works for Everyone For more information on E-Verify, or if you believe that your employer has violated its E-Verify responsibilities, please contact DHS.

Esta Organización Participa en E-Verify.
Este empleador participa en E-Verify y proporcionará al gobierno federal la información de su Formulario I-9 para confirmar que usted está autorizado para trabajar en los EE.UU.. Si E-Verify no puede confirmar que usted está autorizado para trabajar, este empleador está requerido a darle instrucciones por escrito y una oportunidad de contactar al Departamento de Seguridad Nacional (DHS) o a la Administración del Seguro Social (SSA) para que pueda empezar a resolver el problema antes de que el empleador pueda tomar cualquier acción en su contra, incluyendo la terminación de su empleo. Los empleadores sólo pueden utilizar E-Verify una vez que usted haya aceptado una oferta de trabajo y completado el Formulario I-9. Para más información sobre E-Verify, o si usted cree que su empleador ha violado sus responsabilidades de E-Verify, por favor contacte a DHS.

Statement on External Recruiting Agencies
TerrAscend and all affiliates do not accept blind resume submissions from external recruiting agencies. No fee will be paid to agencies who submit candidates without being under contract for an active search with TerrAscend. 

Last updated on Oct 10, 2024

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