Full-Time

Accounting Operations Manager

Posted on 9/20/2024

NABIS

NABIS

51-200 employees

Cannabis product distribution and logistics services

Food & Agriculture
Enterprise Software

Compensation Overview

$100k - $120kAnnually

Senior, Expert

Remote in USA

Category
Cost Accounting
Financial Accounting
Management Accounting
Accounting
Required Skills
Quickbooks
Requirements
  • At least 5 years experience in accounting operations, with at least 2 years in a supervisory or leadership role
  • Bachelor’s degree in Accounting or a related field
  • Solid understanding of accounting operations processes, including cash application, reconciliation, and vendor payments
  • Strong knowledge of the Order-to-Cash cycle and its relationship to accounting operations
  • Ability to collaborate effectively across departments to identify opportunities for process improvements and operational efficiencies
  • Proficient in using accounting software and platforms, including QuickBooks Online (QBO) and other relevant tools
  • Excellent attention to detail and high accuracy in financial data management
  • Strong analytical and problem-solving skills to address complex accounting issues and discrepancies
  • Ability to prioritize tasks and meet deadlines in a fast-paced and dynamic environment
  • Excellent communication and interpersonal skills to interact with stakeholders and guide the accounting team
  • Demonstrated leadership abilities and a track record of motivating and developing a high-performing team
  • Familiarity with relevant laws, regulations, and compliance requirements related to accounting operations
  • Strong financial acumen and the ability to interpret financial data and reports effectively
Responsibilities
  • Monitor and analyze key performance indicators (KPIs) related to accounting operations, identify areas for improvement, and implement corrective actions
  • Streamline and optimize the cash application and payment reconciliation processes to improve efficiency and accuracy
  • Collaborate with Engineering to identify and implement automation tools or systems to enhance accounting operations
  • Conduct regular training sessions for the accounting team to ensure they are updated with accounting policies, procedures, and best practices
  • Assist in developing and implementing internal controls and processes to mitigate financial risks and ensure compliance with regulations
  • Coordinate and oversee various ad hoc accounting projects, ensuring timely completion and accuracy
  • Collaborate with Brand Payments during brand onboarding and offboarding, ensuring smooth financial transitions and closure of outstanding payments for our partners
  • Perform periodic reviews to confirm clearance of uncleared checks, maintaining accurate financial records
  • Manage the legal suit process, ensuring compliance and proper accounting treatment in collaboration with the legal team
  • Oversee invoice generation and revenue reconciliation, ensuring accurate billing and financial reporting
  • Prepare audit letters and support files, facilitating internal and external audit processes for compliance
  • Supervise and manage the accounting operations team, providing guidance, training, and support to ensure the achievement of departmental goals and objectives

Nabis distributes cannabis products to licensed businesses across California, ensuring quick delivery and efficient supply chain management. Their system allows wholesale orders to be shipped within 48 hours, addressing the logistical challenges of the cannabis industry. Nabis serves cannabis retailers and producers, helping them maintain inventory and meet consumer demand. The company uses its proprietary software to manage orders, track shipments, and ensure compliance with state regulations. Unlike competitors, Nabis combines fast logistics with a user-friendly platform, making it a reliable partner in the growing cannabis market. Their goal is to streamline distribution for cannabis businesses, enhancing their operational efficiency.

Company Stage

Seed

Total Funding

$36.4M

Headquarters

Oakland, California

Founded

2018

Growth & Insights
Headcount

6 month growth

4%

1 year growth

10%

2 year growth

42%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into New York and Nevada enhances Nabis' market reach and distribution capabilities.
  • Partnerships with major brands like Falcon and Maven boost Nabis' industry reputation.
  • Collaboration with Eaze strengthens logistics and expands service offerings to retail delivery.

What critics are saying

  • Increased competition from new cannabis distribution platforms may erode Nabis' market share.
  • Expansion into new markets could strain resources and lead to service disruptions.
  • Rapid growth and multiple partnerships may challenge service quality and regulatory compliance.

What makes NABIS unique

  • Nabis offers a rapid distribution network with 48-hour shipping for wholesale orders.
  • The company provides a comprehensive software platform for managing cannabis distribution lifecycle.
  • Nabis Capital provides working capital, addressing a gap in cannabis fintech.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE