Specialist, Accounts Receivable

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. 
 
Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEEDTM initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all to have the knowledge and resources to work in and own businesses in cannabis. 
 
At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism. 
 
If you’re interested in joining our mission, click the below links to join our team today!

At Cresco, we aim to lead the nation’s cannabis industry with a focus on regulatory compliance, product consistency, and customer satisfaction. Our operations bring legitimacy to the cannabis industry by acting with the highest level of integrity, strictly adhering to regulations, and promoting the clinical efficacy of cannabis. As Cresco grows, we will operate with the same level of professionalism and precision in each new market we move in to.

JOB SUMMARY

Cresco Labs is seeking an Accounts Receivable Specialist to join our Finance team in Chicago, IL. This position will report to the Sr. Manager, Accounts Receivable and will be cross trained in the following four areas: Scanning checks, Cash Application & Collections. Cash application responsibilities: Recording and ensuring the timely posting of all cash received in Chicago, IL and all Wires/ACH payments received in our bank accounts. Collection responsibilities: ensuring that customer orders placed on credit or collection hold are quickly resolved. This includes ensuring licenses and tax certificates are current and legitimate. In addition, working with the Customer & Sales team to resolve past due balances.  The ideal candidate is a self-starter who has AR experience, is highly organized, takes initiative, is detailed-oriented, and has strong problem-solving and analytical skills.  This person must be able to work efficiently and easily adapt to changing priorities.

CORE JOB DUTIES 

Cash Application:

• Customer checks; scan or mail to bank.
• Properly apply payments to the invoices on the customer remittance.
• Work with Accounting team on unapplied cash and NSF/Rejected checks.
• Review all banks several times per day for any new ACH or Wire payments.

Collections:

• Contacting customers with past due balances by email or phone.
• Working with internal Sales team when needed.
• Update notes daily on the collection spreadsheet and save to shared drive.
• Recommend customer accounts for 10 Day Demand Letter or Bad Debt write-off.

**The above is not all inclusive, this person will be responsible for other job duties as needed, including but not limited to timely responses to all audit requests.

REQUIRED EXPERIENCE, EDUCATION AND SKILLS  

• Associate or bachelor’s degree in accounting, finance, or business preferred but not required.
• 5+ years of AR experience required with high volume of cash.
• Experience with financial accounting and ERP systems required (SAP and/or Sage Intacct preferred).
• Proficient in MS Excel (VLOOKUP’s, pivot tables) and MS Office.
• Must possess strong organizational skills and be highly detail oriented.
• Must be able to take initiative.
• Strong problem solver.
• Strong and clear written and verbal communication skills required.

BENEFITS

Cresco Labs is proud to offer eligible employees a robust offering of benefits including, major medical, dental and vision insurance, a 401(K)-match program, FSA/HSA programs, LTD/STD options, life insurance and AD&D.  We also offer eligible employees paid holidays and paid time off.  Other rewards may include annual discretionary bonuses, stock options as well as participation in our employee discount program. Benefits eligibility for permanent positions may vary by full-time or part-time roles, location, or position.

ADDITIONAL REQUIREMENTS

• Must be 21 years of age or older to apply
• Must comply with all legal or company regulations for working in the industry 

Cresco Labs is an Equal Opportunity Employer and all applicants will be considered without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.