Senior Accounts Payable Specialist – Battery Storage

Standalone energy storage is rapidly transforming the North American energy markets, because it is cheaper than new natural gas plants, faster to build than fossil peakers or transmission, and able to perform diverse energy services. Plus Power partners with electricity system operators, utilities, and investors to originate, develop, finance, own and operate standalone energy storage projects that provide critical services to the wholesale electric market. Plus Power’s team applies an intentional mindset to energy storage development by using a data-driven approach to development and operations.

At Plus Power, we are focused on solving hard climate problems, profitably. We are growing fast, and value candidates who, like us, share a focus on setting high expectations, owning and learning from mistakes in the spirit of radical transparency, and are committed to internal partnering as a key element of our ideas meritocracy. Our team praises Plus Power’s culture and excels through our game-changing mission and supportive ecosystem.

About the Role

Plus Power recruits outstanding energy industry professionals who are driven to develop, build and operate assets safely and reliably to decarbonize the power markets while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.

Plus Power is looking to hire a Senior AP Accountant (Specialist) to join the company’s accounting team. The ideal candidate will have prior renewable, development, or construction experience and the ability to take the initiative in completing tasks in a time-sensitive and high-quality manner. This role includes significant responsibilities and room for growth within the company.

Key Responsibilities

• Process large volumes of A/P invoices through Stampli for proper approval, supporting documentation, general ledger coding, data entry, payment processing, discrepancies and implement solutions related to vendor accounts
• Compare vendor terms with activity periodically to ensure the most cost and time effective methods and timing of payments are being used
• Provide assistance concerning invoices and payments to other subsidiaries, and related companies as needed
• Interact with vendors regularly and internal team for Bank Instructions (ACH, Wires, BillPay) & W9 information including vendor phone bank confirmations
• Setup new vendors in ERP NetSuite – New ERP system and Bank platform
• Identify and file use tax returns as needed with states and local agencies
• Lead 1099 processing
• Assist with compliance issues around accounts payable processes (W-9, sales and use tax, etc.)
• Act as a liaison between Plus Power and vendors (over 300+ vendors) regarding billing and payments
• Review and confirm approval of all project related expenses. Work closely with project management team to process invoices and ensure invoices are paid in a timely manner.
• Update, verify and maintain accounting journals and ledgers and other financial records. Ensure compliance with project contract accounting requirements and controls.
• Assist in producing periodic financial reports and ensure that the reported results comply with US Generally Accepted Accounting Principles
• Participate, as directed, in management of external relationships including accounting firms, bank relationships, investors, insurance brokers and bonding agents
• Prepare journal entries related accounts payable processed and ensure proper general ledger coding in support of monthly closings
• Assist in the reconciliation of credit card charges on the Company cards
• Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted
• Generate reports detailing accounts payables status
• Proactively work on initiatives to implement operational accounting efficiencies through process improvements and control enhancements.
• Assist with supplying documentation for annual audits, loan draws, etc.
• Support reporting to investors, as necessary
• Support budgeting and forecasting processes, as necessary
• Develop and enforce effective and efficient internal controls to maximize protection of company assets and financial reporting policies, procedures, and workflow.
• Other projects as assigned

Skills & Qualifications

• BA/BS in Accounting or Finance, with an MBA or CPA desired
• 4+ years’ experience in relevant work experience in accounting department
• Current experience in Renewables/Power & Utilities or Construction, preferred
• Expert proficiency in Microsoft Office, especially Microsoft Excel along with macro-writing capabilities, pivot tables, and data queries
• Working knowledge and experience with Stampli, NetSuite or similar software
• Strong organization and communication skills and ability to multitask while maintaining attention to detail
• High degree of business acumen, discretion, and professionalism
• Ability to establish and maintain effective working relationships with employees and clients
• Ability to work autonomously with little supervision while continuously ensuring alignment of company and department objective
• Ability and desire to learn and take on responsibility quickly
• Ability to effectively manage multiple priorities and deliver timely, high-quality results

Compensation and Benefits

Highly competitive total compensation from one of North America’s leading energy storage developers, owners and operators. Flexible, work from home or hybrid work from Plus Power’s offices in San Francisco, Houston, Chicago, Seattle, and Palm Beach.

The expected base compensation range* for this position begins at $80,000. We may ultimately pay more or less than the posted range based on several factors including, but not limited to relevant experience, skills, qualifications, geographic labor market, and other factors consistent with applicable law. This position is also eligible to participate in our annual bonus program.

Plus Power offers a competitive and comprehensive benefits program, unlimited vacation, flexible remote work, work from home stipend, educational assistance, parental leave, and a highly engaging company culture with opportunities for in-person connection and learning and growth.

The deadline* for applying to this role is 30 days from the date of initial posting (10/13/2024).

Plus Power is committed to a diverse and inclusive workplace where people of all backgrounds can thrive. Plus Power is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

• This information is provided in accordance with applicable law.