Senior Accounts Payable Manager – Process & Growth Lead

Crescolabs

Chicago (IL)

On-site

USD 110,000 - 130,000

Full time

14 days+

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Benefits offered by this job

Health insurance
401(K) matching
Discretionary bonuses
Stock options
Paid holidays & PTO

Job summary

Cresco Labs in Chicago, IL seeks an Accounts Payable Manager to lead the corporate AP team, drive process improvements, and ensure accurate vendor payments. The role reports to the SVP, Corporate Controller and oversees AP clerks and leads while expanding AP processes into new markets.

You will supervise AP activities, collaborate with Treasury and Corporate Accounting, and help develop SOPs and KPIs in a fast-paced, regulated cannabis environment.

Qualifications

  • Bachelor’s degree in accounting, finance or business-related field required.
  • 10+ years of relevant experience in staff accounting, accounts payable, accounting clerk or other related role.
  • Previous management experience required.
  • CPA desirable, but not required.
  • Strong interpersonal skills and consistent follow through on assigned tasks.
  • Public company experience, including SOX controls, highly preferred.
  • Project management experience highly preferred.
  • Experience with financial accounting and ERP systems (SAP and/or Sage Intacct preferred).
  • Advanced proficiency in MS Excel and MS Office required.
  • Enjoys working in a start-up, fast-paced environment.
  • Ability to work independently in a highly organized manner.

Responsibilities

  • Analyze invoices for accuracy and eligibility for payment, including review of staff coding.
  • Ensure timely payments of vendor invoices and expense vouchers and maintain/review accurate financial records and control reports.
  • Review and/or prepare AP aging, AP accruals, and other related schedules used in monthly, quarterly, and annual reporting for both internal and external reporting purposes.
  • Supervise a group of 10, including a Supervisor, a Lead, and AP clerks.
  • Work closely with the Treasury team to assist with cash flow forecasting.
  • Work closely with the Corporate Accounting team to ensure proper coding of AP invoices and accruals.
  • Responsible for updating and improving the key vendor payments report.
  • Provide timely assistance and support to the business and operational leaders; respond to financial questions/concerns to meet business needs.
  • Responsible for the development and documentation of AP business processes and policies to maintain and strengthen internal controls.
  • Assist with implementation of additional accounting modules and add-on reporting systems, including ERP implementation.
  • Drive the continuous improvement of processes and procedures as company expands in new and established markets.
  • Lead the integration of the AP process for newly acquired businesses.
  • Effectively plan for the evolution of the AP team, striving to serve the business as a strategic partner and optimize net working capital by implementing and monitoring relevant data points and KPIs.
  • Support the year-end financial audit and tax preparation process by maintaining accurate records in line with the Company’s document retention policy.
  • Work cross functionally with company departments and external partners, driving key projects in the procure-to-pay process

Skills

Interpersonal skills
Analytical thinking
Project management
Advanced Excel
Independent worker

Education

Bachelor’s degree in accounting, finance or business-related field
CPA desirable

Tools

SAP
Sage Intacct

Job description

Cresco Labs in Chicago, IL seeks an Accounts Payable Manager to lead the corporate AP team, drive process improvements, and ensure accurate vendor payments. The role reports to the SVP, Corporate Controller and oversees AP clerks and leads while expanding AP processes into new markets.

You will supervise AP activities, collaborate with Treasury and Corporate Accounting, and help develop SOPs and KPIs in a fast-paced, regulated cannabis environment.

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