AsterAn accounting manager with eight years of experience--four in the cannabis industry

AR plan and strategy, reductions in overdue receivables , improving cashflow

Aster has 8 years of accounting experience, 3 years of Accounting Manager experience, and 4 years of cannabis experience (CPG/ Manufacturing).
A cannabis company was facing a cash flow issue due to delayed payments from customers, which was impacting its ability to keep up with production, as they didn’t pay their vendors on time.
- Aster identified all customers who had outstanding invoices that were overdue by more than 30 days.
- He came up with a plan & new strategy with the AR team to improve their process & set up automated emails for overdue invoices.
- They implemented stricter policies for customers to receive products with past due invoices, which caused customers to pay past due invoices & be put on payment plans.
- They had a 25% reduction in their overdue receivables within three months & helped improve cash flow.
Aster’s relevant software experience / relevant certifications/ Portfolio: QBO, QBE, SAP 1, & Sage.

2022 Tri-State Cannabis Salary Guide