Sr. Accounts Payable Specialist - Battery Storage

Company Overview
Plus Power is an energy storage market leader, with a market-leading 10+ GW portfolio across more than 25 states that will transform North American electric grids into cleaner and more versatile critical infrastructure.
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 while growing their careers. Our team looks for data-driven and fact-based mindsets, engaging and collaborative behaviors, and personal growth-focused professionals.
We are looking to hire a Senior Accounts Payable 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 high volumes of A/P invoices through Stampli across multiple related legal entities, ensuring proper entity allocation, approvals, supporting documentation, general ledger coding, data entry, and payment processing; identify and resolve vendor account discrepancies
Periodically compare vendor terms with activity to ensure the most cost- and time- effective payment methods and timing are being used
Coordinate with vendors and internal teams to obtain and verify W-9s and payment instructions, including ACH, wire and BillPay information, and complete required phone verification of vendor banking details
Set up and maintain new vendors in NetSuite and applicable banking platforms, ensuring accurate and complete vendor information
Process company credit card transactions through Stampli, ensuring appropriate supporting documentation and general ledger coding
Manage the annual 1099 reporting and filing process, ensuring accurate and timely completion.
Assist with compliance issues related to accounts payable processes (W-9, sales and use tax, etc.)
Serve as a liaison between Plus Power and more than 300 vendors, addressing billing, payment, and account-related inquiries and issues
Review project-related expenses for appropriate approval and work closely with project management teams to process invoices and ensure timely payment
Update, verify and maintain accounting journals, ledgers and other financial records, ensuring accuracy and compliance with project contract accounting requirements and internal controls
Assist with producing periodic financial reports and ensure reported results are accurate and comply with U.S. Generally Accepted Accounting Principles (GAAP).
Support the management of external relationships, as requested, including accounting firms, banking partners, investors, insurance brokers and bonding agents
Prepare accounts payable-journal entries, ensure accurate general ledger coding and support the monthly close process
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 investor reporting, budgeting and forecasting activities, as requested
Develop, implement and effective and efficient internal controls, policies, procedures and workflows to safeguard company assets and promote accurate financial reporting
Other projects as assigned