The Senior Manager, Accounts Receivable oversees invoicing, credit and cash application activities within the accounts receivable department. The Senior Manager of Accounts Receivable oversees the day-to-day operations of the department, holds weekly meetings with the team and maintains department policies, procedures and controls. You will work directly with the Assistant Controller to ensure a timely close out, raise any issues within the team, and work cross functionally for seamless interact... more details
Senior Manager, Accounts Receivable (Hybrid - 1 to 3 days onsite per week)
Overview:
The Senior Manager, Accounts Receivable oversees invoicing, credit and cash application activities within the accounts receivable department. The Senior Manager of Accounts Receivable oversees the day-to-day operations of the department, holds weekly meetings with the team and maintains department policies, procedures and controls. You will work directly with the Assistant Controller to ensure a timely close out, raise any issues within the team, and work cross functionally for seamless interactions with outside departments.They will work with Accounting and Finance leadership and partner with Sales leadership on customer collections and accounting implications of those collections. They will work with IT and spearhead ERP related tasks and projects that impact the Billing, AR, and Accounting departments.
The impact you'll make:
- During month end close:
- Work cross functionally with the sales department to ensure all revenue streams have been accounted for.
- Manage AR specialists and verify all documents have been accurately processed within the current month.
- Manage Payment Processing Specialists to verify all payments have been accurately processed within the current month and balance against our bank account.
- Prepare month end close reconciliation of AR sub-ledger and Deferred Revenue to the general ledger.
- Review monthly and quarterly SOX control workbooks
- Prepare weekly and monthly analyses for leadership of AR by customer
- Identify accounts with collection risk and funnel to finance and sales leadership
- Responsible for monthly and quarterly tracking of cash basis customers
- Review and adequately account for credit requests submitted by sales department, including quarterly bad debt write offs
- Review and approve both credit requests and journal requests submitted by accounts receivable team
- Work directly with the Director of Accounting on new revenue streams or company changes that affect the department to ensure proper execution of those changes to the team’s day to day processes.
- Organize preparation of quarterly and yearly audit requests
- Manage team in collecting documentation for internal and external requests
- Manage and execute on new sales initiatives and projects (new discounts, media trade programs, etc)
- Lead partnership between Billing and Sales teams on collection efforts
- Partner with collections agency and assist Billing team in documentation requests
- Review and approve payment plans, track adherence and report on results to management
- Serve as the main revenue/AR/billing point of contact for systems implementations
What you've accomplished:
- Minimum of 8 years experience working in accounts receivable department
- Knowledgeable and experienced in using accounting software ERPs
- Knowledgeable and experienced in using Microsoft Excel
- Excellent verbal and written communication skills
- Attention to detail, good judgment, and problem-solving skills
- Experienced in leading a team and implementing process improvement
The base pay range for this position is $122,000.00 - $129,000.00
2024 Benefits for Full-Time, Regular Employees:
- Physical Health benefits: Medical, Dental & Vision:
- Employee - employer paid premium 100%
- Company contribution to a HSA when electing the High Deductible Health Plan
- For plans that offer coverage to your dependents, you pay a small contribution
- Mental Health benefits:
- Free access to CALM app for employees and dependents
- Employee Training
- Mental Health seminars and Q&A sessions
- Basic Life & AD&D - employer paid 1x salary up to $250,000
- 401(k) Retirement Plan (with employer match contribution)
- Generous PTO, Paid Sick Leave, and Company Holidays
- Supplemental, voluntary benefits
- Student Loan Repayment/529 Education Savings - including a company contribution
- FSA (Medical, Dependent, Transit and Parking)
- Voluntary Life and AD&D Insurance
- Critical Illness Insurance
- Accident Insurance
- Short- and Long-term Disability Insurance
- Pet Insurance
- Family planning/fertility
- Identity theft protection
- Legal access to a network of attorneys
- Paid parental leave
Why Work at Weedmaps?
- You get to work at the leading technology company in the cannabis industry
- You get to play a meaningful role in helping to advance cannabis causes, including helping improve the lives of patients who rely on the benefits of cannabis
- You get an opportunity to shape the future of the cannabis industry
- You get to work on challenging issues in a collaborative environment that encourages you to do your best
- You get to work in a casual and fun environment; no fancy clothes required, but you are free to dress to the nines!
- Generous PTO and company holidays
- Numerous opportunities and tools to learn and grow your professional skills
- Endless opportunities to network and connect with other Weedmappers through speaker series, Employee Resource Groups, happy hours, team celebrations, game nights, and much more!
Weedmaps is an equal opportunity employer and makes employment decisions on the basis of merit. The Company prohibits unlawful discrimination against employees or applicants based on race (including traits historically associated with race, such as hair texture and protective hairstyles), religion and religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, military status, veteran status, uniformed service member status, sexual orientation, transgender identity, citizenship status, pregnancy, or any other consideration made unlawful by federal, state, or local laws. The Company also prohibits unlawful discrimination based on the perception that anyone has any of those characteristics, or is associated with a person who has or is perceived as having any of those characteristics. Our company uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.
Applicants are entitled to reasonable accommodations under the terms of the Americans with Disabilities Act and applicable state/local laws, unless the accommodation presents undue hardship. Please email us at peopleoperations at weedmaps.com if you would like to confidentially discuss a potential accommodation during the interview process.
About Weedmaps:
WM Technology, Inc.’s (Nasdaq: MAPS) mission is to power a transparent and inclusive global cannabis economy. Now in its second decade, WM Technology has been a driving force behind much of the legislative change we’ve seen in the past 10 years.
Founded in 2008, WM Technology, is a leading technology and software infrastructure provider to the cannabis industry, comprising a B2C platform, Weedmaps, and B2B software, WM Business. The cloud-based SaaS solutions from WM Business provide an end-to-end operating system for cannabis retailers. WM Business’ tools support compliance with the complex, disparate, and constantly evolving regulations applicable to the cannabis industry. Through its website and mobile apps, WM Technology provides consumers with the latest information about cannabis retailers, brands, and products, facilitating product discovery and driving engagement with our retail and brand customers.
WM Technology holds a strong belief in the power of cannabis and the importance of enabling safe, legal access to consumers worldwide. Since inception, WM Technology has worked tirelessly, not only to become the most comprehensive platform for consumers, but to build the software solutions that power businesses compliantly in the space, to advocate for legalization, social equity, and licensing in many jurisdictions, and to facilitate further learning through partnering with subject matter experts on providing detailed, accurate information about the plant.
Headquartered in Irvine, California, WM Technology supports remote work for all eligible employees. Visit us at www.weedmaps.com.
Notice to prospective Weedmaps job applicants:
Our team has been made aware of incidents involving LinkedIn, Telegram, and Facebook accounts impersonating Weedmaps recruiters. These individuals are attempting to use our company name to solicit payment from prospective candidates interested in applying for jobs at our company. Our team is actively working to combat these attempts, but in the meantime, please be mindful of the following:
- Our recruiters will always communicate with candidates through an @weedmaps.com email address.
- CORRECT: jlebowski@weedmaps.com
- INCORRECT: jlebowski@gmail.com
- Our recruiters will NEVER ask for or attempt to solicit payment from applicants in order to apply, interview, or work for Weedmaps.
- If you are interested in a role at Weedmaps, please apply through our established channels.
- Weedmaps Careers Page or LinkedIn
If you are unsure if a communication is legitimate, please contact our recruitment team at talentops@weedmaps.com and they will happily confirm for you. Thank you for your vigilance and we appreciate your interest in working with us!
