Manager, Cash Application

TerrAscend; United States; On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Comprehensive Health Coverage

Flexible Paid Time Off (PTO)

401(k) with Company Match

Mental Health & Wellness Support

Paid Parental Leave

Job summary

A leading cannabis company in the U.S. is seeking an experienced Manager for Cash Application to oversee daily accounting tasks, support reporting, and manage a team. The role requires a bachelor's degree, experience in accounting, and strong communication skills. Applicants should be analytical and detail-oriented, familiar with U.S. GAAP. This position offers opportunities for growth and a comprehensive benefits package.

Qualifications

• 1 to 2 years of progressive accounting experience.
• 1 to 2 years of management experience preferred.
• Experience in a computerized environment processing financial transactions.

Responsibilities

• Monitor and report on daily bank account activities.
• Assist with royalty accruals and tax calculations.
• Prepare balance sheet reconciliations to ensure accuracy.

Skills

Intermediate knowledge of U.S. GAAP

Advanced Microsoft Excel skills

Professional written and verbal communication

Analytical and detail-oriented

Education

Bachelor’s degree in business or accounting

Tools

Epicor (ERP system)

Microsoft Office Suite

Job description

Overview

This range is provided by TerrAscend. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$70,000.00/yr - $90,000.00/yr

At TerrAscend, we don’t just grow cannabis — we grow possibility. Whether it's cultivating top-tier flower, supporting patients with trusted therapies, or crafting premium products for adult use, we’re here to elevate lives. As a trailblazer in the cannabis industry, our roots run deep and our sights are set high. If you're ready to shape the future of cannabis with a team that believes in quality, care, and community — let’s grow together.

Position

Experienced hands on Manager, Cash Application to provide daily, weekly, and monthly accounting and reporting for all bank activities including all bank reconciliations and change/coin orders as well as customer payments using debit cards. The Manager of Cash Application will support balance sheet reconciliation, and process improvement in line with TerrAscend’s standard operating procedures while leading the cash application team.

Responsibilities

• Monitor, record, and report on daily bank account activities including cash, debit card, and other deposits. Run reports from point-of-sale systems, debit card portals, and other payment portals. Reconcile all activities to bank accounts.
• Coordinate with front-line staff at various dispensaries to place change/coin orders and monitor fulfillment.
• Assist with various royalty accruals and tax calculations including gross receipts tax, use and sales tax, business privilege taxes.
• Partner with the Accounts Receivable Manager and Senior Director, Accounting Operations in driving the month-end close process for multiple entities.
• Prepares and/or reviews journal entries, accruals, and balance sheet reconciliations to ensure accuracy and completion
• Ensures accuracy of all assigned accounts, databases, and files.
• Collaborate cross functionally with the accounting team, and other internal departments to design, document, implement, and monitor processes that establish controls, ownership, and accountability of involved parties related to inventory management.
• Partner with accounts payable department, the purchasing department, and inventory management stakeholders concerning receiving issues, and the implementation of systems affecting inventory processing.
• Conduct ad hoc analysis and projects as requested and respond to inquiries from external and internal stakeholders.
• Partner with the regional accounting team, parent company accounting group, external auditors, and tax accountants during quarter and year end close to support reporting and regulatory requirements and provide financial commentary and supporting schedules as requested.

Leadership Responsibilities

• Oversee the daily operations of the cash application department to ensure accuracy and timeliness.
• Manage, support, and coordinate the work of the cash application team by providing clear direction, coaching, training, and mentorship.
• Identify individual development needs and training opportunities by leveraging annual and mid-year performance reviews to support career growth.
• Facilitate regular team meetings and 1:1's to ensure alignment.

Qualifications and Education

• Bachelor’s degree with a concentration in business or accounting.
• 1 to 2 years of progressive accounting experience. Public accounting experience, as well as corporate accounting experience preferred.
• 1 to 2 years of management experience preferred.
• Manufacturing and/or Retail experience preferred.
• Intermediate knowledge of U.S. GAAP
• Experience or exposure to all areas of accounting including but not limited to accounts payable, accounts receivable, cash/revenue, fixed assets, accruals, reserves, inventory valuation, and intercompany eliminations. Understanding of the principles of inventory manufacturing processes, retail sales processes, sales and use tax, and public company audit compliance.
• Experience working in a highly computerized environment and processing financial transactions using an ERP system and/or accounting software. Epicor experience preferred.
• Advanced Microsoft Excel skills; proficient within overall Microsoft Office Suite (Outlook, Word, PowerPoint)
• Self-starter that places an emphasis on accuracy, completeness, and work product ownership, 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.

Perks

• Comprehensive Health Coverage – Medical, dental, vision, and prescription plans available for employees and their dependents
• Mental Health & Wellness Support – Access to the Sabender platform, confidential counseling and life coaching through PAS, nutrition coaching, and discounts at Husk Fitness
• Flexible Paid Time Off (PTO) – Generous PTO to support work–life balance (availability may vary by state—ask your recruiter for details)
• Employee Assistance Program (EAP) – Free, confidential support for mental health, financial planning, legal matters, and more
• Paid Parental Leave – Dedicated time to rest, recharge, and care for your growing family
• 401(k) with Company Match – Save for the future with a 4% company match and immediate vesting
• Pet Insurance – Affordable coverage options to keep your pets healthy
• Employee Discounts – Exclusive savings at TerrAscend’s 39+ dispensary locations
• Recognition Program – Earn points through peer-to-peer recognition and redeem for Amazon rewards or gift cards
• Disability & Life Insurance – Company-paid protection for life’s unexpected moments

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.

E-Verify 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 DHS or SSA so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. 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.

Seniority level Mid-Senior level

Employment type Full-time

Job function Finance and Sales

Industries Transportation, Logistics, Supply Chain and Storage