Sr. Manager, Accounts Payable

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 a Senior Manager, Accounts Payable to join our corporate finance team in Chicago, IL. The Senior Manager, Accounts Payable manages all aspects of the Accounts Payable process including invoice processing, payment processing, month end accruals, internal controls and master data creation. This role oversees a team of AP Team Leads and AP Analysts, reporting to the VP of Accounting Operations.

CORE JOB DUTIES 

• Manage the Accounts Payable team, leading all activities and operations in the accounts payable function for the organization including invoice processing, payment selections and processing, T&E processing, vendor maintenance, audit support and reporting (e.g., 1099 reporting)
• Manage, lead and develop the Accounts Payable team to ensure a positive and efficient customer service experience through effective delivery and execution of AP services and processes 
• Provide accurate, high-quality customer service and support to external vendors and internal users through clear communication and timely resolution of issues
• Key leader, driving continuous improvement of processes and procedures as company expands in to new and established markets; measures opportunities and improvement through the rigorous application of KPIs and metrics
• Act as main resource for the IT team to drive improvements and enhancements to AP systems and modules, including end-to-end procure-to-pay technologies
• Ensure analysis of invoices for accuracy and eligibility for payment
• Managing timely payments of vendor invoices
• Maintaining accurate financial records and control reports and reporting and managing of KPIs
• Partner with VP Treasurer, Treasury team and VP Accounting Operations to streamline payment options, provide visibility of spend and ensure adequate controls over disbursements
• Work closely with the Treasury Manager and Analyst to forecast cash for 13-week forecasting process
• Work closely with the General Accounting teams to ensure proper coding of AP invoices and accruals
• Ensure integration/expansion of AP processes in newly acquired businesses and expanding markets
• Documentation and development of SOPs, process maps, and key controls in the functional area under supervision
• Support the year-end financial audit and tax preparation process
• Build strong, collaborative relationships with key stakeholders (such as Accounting, Finance, Treasury, Procurement, IT, business functions, and external service providers)
• Other Duties as assigned

REQUIRED EXPERIENCE, EDUCATION AND SKILLS  

• Bachelor’s in business related field (Accounting, Business Administration), Certified Payables Manager (APM) highly preferred
• 10+ years of relevant experience in Accounts Payable management or another related role 
• 5+ years of previous people leadership experience with ability to lead and develop a large team required
• Strong written and verbal communications, exceptional interpersonal skills to engage team and stakeholders
• Have created a strong culture of Customer Service within an internal AP department
• • Experience with financial accounting and ERP systems ( Sage Intacct preferred) 
• Pro-active and consistent follow through on assigned tasks 
• Project management experience highly preferred
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• 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

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.