AP/AR Specialist

Standard Wellness’s mission is to improve quality of life through safe and easy access to cannabis by providing consistent, high-quality product through innovation, vertical integration and aggressive regulatory reform. 

We aim to create a new standard in the medical cannabis industry for quality, care, innovation, and education while still maintaining a focus and conscious understanding of how our decisions within the role effect the social and environmental impact in our community and for our patients. We’re committed to a research-driven, patient-centric approach in all that we do, and we will work to have a lasting positive impact in our community.

Position Summary:

The AR & AP Specialist position will work closely with the Controller and Accounting Manager on a variety of core functions essential to running a fast-paced, ever-evolving businesses.  Functions will include but are not limited to general accounts payable maintenance and reporting, processing daily invoicing, and assisting in the month-end close process.  This role will perform a variety of duties needed to contribute to the company’s growth and success.

Essential Job Functions:

• Process Accounts Payable invoices, ensuring proper approvals are obtained and correct due dates are reflected for proper reporting
• High attention to detail for proper coding of invoices across departments & entities
• Management of AP email inbox including responding to vendors on payment status and reconciling vendor statements
• Produce weekly AP aging report and assist in preparation for AP review call with Site and Accounting/Finance leadership
• Conduct weekly AP meetings with VP of Finance and essential personnel for vendor payment selections.
• Responsible for new vendor set-up, ensuring proper forms are obtained and filed and ensure 1099 compliance for year end reporting
• Generate and issue invoices to customers in a timely and accurate manner.
• Process incoming payments via checks, ACH, and other payment methods.
• Reconcile customer accounts and investigate discrepancies.
• Other duties as assigned by your supervisor

Qualifications Required:

• Must be at least 21 years of age
• Bachelor’s degree in accounting or related field preferred, experience in lieu of degree considered
• Minimum 2-years’ experience in Accounts Payable and/or Accounts Receivable
• Strong user of MS Excel including pivot tables and use of formulas
• Strong understanding of Chart of Accounts and the impacts on financial statements
• Must be able to pass all background check and licensing requirements as set forth by the Department of Commerce
• Must be able to perform the essential functions of the job with or without a reasonable accommodation
• Must be able to read, write, speak, and understand the English language

Preferred:

• ERP experience: QuickBooks
• Knowledge of GAAP principles

Knowledge, Skills, and Abilities:

This section outlines the knowledge, skills, and abilities necessary for the Accounts Payable Specialist to be successful in their role.  It is not intended to be an all-inclusive list.

• Accurate data-entry and recordkeeping skills
• Strong organizational skills
• Excellent computer skills, specifically with Microsoft Office and Windows-based applications
• Excellent written and verbal communication skills
• Knowledge of administrative and clerical procedures and systems
• Ability to establish and maintain interpersonal relationships
• Ability to assess customer needs and evaluate customer satisfaction
• Ability to process information from relevant sources and anticipate potential problems
• Strong attention to detail with the ability to work in a fast-paced environment