OTC Manager

Who we are: At Vireo Health, we’re not just another cannabis company—we’re a movement. Founded by physicians and driven by innovation, we blend science, technology, and passion to create top-tier cannabis products and experiences. Our team of 500+ bold creators and trailblazers are shaping the future of the industry, and we want you to be part of it. We take pride in being one of the most diverse and inclusive workplaces in cannabis, fostering a culture where everyone belongs. Through employee engagement, community events, and non-profit partnerships, we’re building more than a business—we’re building a community. As we rapidly expand nationwide, we’re looking for talented, driven, and passionate people to join us. If you’re ready to turn your passion into a career, let’s grow the future together. What the role is about: The Order to Cash Manager oversees the complete lifecycle of receivable operations, from credit risk assessment to final cash application. You will manage a small team responsible for high-volume reconciliations, including armored truck deposits and lockbox activity, while ensuring technical compliance with revenue recognition and CECL standards. This role reports to the Senior Accounting Manager and has 2-3 direct reports. What impact you'll make: Cash & Bank Management: Oversee bank reconciliations and specialized cash deposit reconciliations for armored truck services. Manage treasury functions including lockboxes and payment portals. A/R & Collections: Supervise payment application, manage the collections process, and monitor customer credit limits to mitigate risk. Revenue & Liability: Post revenues and manage accounting for loyalty program liabilities. Technical Accounting: Manage A/R allowance modeling and CECL (Current Expected Credit Losses) calculations. Credits & RMAs: Oversee the processing of Return Merchandise Authorizations (RMAs) and the issuance of customer credits. Process Improvement: Identify and implement automation or workflow enhancements to streamline the OTC cycle while maintaining day-to-day transaction accuracy. What you've accomplished: Experience: 5+ years in Accounts Receivable or OTC roles, with at least 2 years in a supervisory capacity. Technical Skills: Proficiency in treasury management systems, lockbox operations, and ERP payment modules. Knowledge: Strong understanding of GAAP, specifically revenue recognition and CECL requirements. Operational Skills: Experience managing armored truck cash logistics and RMA workflows. Preferred Skills Advanced Excel skills (modeling for allowances/liabilities). Proven track record of reducing DSO (Days Sales Outstanding). Why Choose Vireo Life’s too short to work somewhere that doesn’t ignite your passion. The cannabis industry is fast‑paced, innovative, and full of opportunity—where science meets creativity, and wellness meets culture. At Vireo Health, we’re pioneering the future of cannabis with a team that’s as dynamic as the industry itself. Here, you’ll find a workplace that’s collaborative, inclusive, and driven by HEART and purpose, where your work has a real impact on people’s lives. Whether you’re cultivating the highest-quality plants, crafting cutting‑edge products, or shaping unforgettable customer experiences, you’ll be part of something bigger. If you’re looking for a career that’s exciting, meaningful, and full of growth, let’s build the future of cannabis together. The salary for this role The salary for this role is $75,000‑85,000 annually depending on experience. Competitive PTO, health, dental, vision, life, and 401k insurance benefits offered. Our ideal candidate will be located in the Minnesota market. EEO Statement Vireo Health, Inc. is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. #J-18808-Ljbffr