Full-Time

Sr. Accounts Payable Analyst

Posted on 7/17/2024

Sila Nanotechnologies

Sila Nanotechnologies

201-500 employees

Develops advanced battery materials for EVs

Automotive & Transportation
Energy
Social Impact

Compensation Overview

$86k - $108kAnnually

+ Equity + Bonuses

Senior, Expert

Alameda, CA, USA

Role based in Alameda, CA Headquarters.

Category
Bookkeeping
Financial Accounting
Tax Accounting
Payroll Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • 5+ years experience with Accounts Payable or general accounting, with demonstrated knowledge of basic accounting principles.
  • Bachelor’s degree in Finance, Accounting, or related field required.
  • High degree of attention to detail and desire to deeply understand all aspects of a process or system.
  • Demonstrated ability to independently manage time, organize and prioritize tasks effectively, and be able to meet deadlines with minimal supervision.
  • Proficient knowledge of Macintosh computers, Google Sheets, and Excel.
  • Demonstrated solid understanding of the P2P cycle.
Responsibilities
  • Review, code, and process vendor invoices by 2-way or 3-way match to ensure accuracy and timeliness of payment in accordance with company policy.
  • Collaborate and communicate effectively with internal teams to identify and resolve any discrepancies or issues related to accounts payable in a timely manner.
  • Respond to vendor queries and maintain vendor accounts by updating documentation such as payment information and W-9s. Complete credit applications for new and existing vendors.
  • Review and reconcile vendor statements for exceptions and discrepancies.
  • Monitor, reconcile, and ensure accuracy of AP Aging report.
  • Generate month-end accruals for invoices received and expected recurring invoices not received after cut-off.
  • Administer corporate credit cards and complete monthly review to ensure required expense reporting is completed by all personnel.
  • Prepare and issue yearly 1099 tax returns to applicable vendors.
  • Support yearly PBC audits.
  • Assist with GL account reconciliations related to accounts payable during close.
  • Perform complex tasks, special projects, and identify continuous improvement opportunities in the Finance department.
  • Mentor less experienced team members in processing financial transactions.
Sila Nanotechnologies

Sila Nanotechnologies

View

Sila Nanotechnologies develops advanced battery materials that enhance the performance of lithium-ion batteries, primarily for electric vehicles and energy storage applications. Their key product, Titan Silicon™, improves battery efficiency and capacity. Sila Nano partners with major manufacturers, such as Panasonic, to license their technology and supply high-performance materials. Unlike many competitors, Sila Nano focuses on strategic partnerships and scaling production to meet increasing demand, with plans to expand their capacity to 150 GWh in the next five years. The company's goal is to support the growth of electric vehicles while minimizing environmental impact through sustainable practices.

Company Stage

Series G

Total Funding

$1.4B

Headquarters

Alameda, California

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for high-performance batteries benefits Sila's advanced materials.
  • EU's push for local battery production opens new partnership opportunities for Sila.
  • DOE's funding initiative supports Sila's R&D in advanced battery technologies.

What critics are saying

  • REC Silicon's plant shutdown threatens Sila's silane gas supply chain.
  • Sila's $1 billion valuation haircut suggests potential financial instability.
  • Dependence on Panasonic partnership poses risk if disruptions occur.

What makes Sila Nanotechnologies unique

  • Sila's Titan Silicon™ technology enhances EV battery performance significantly.
  • Partnerships with major OEMs like Panasonic boost Sila's market credibility.
  • Sila's commitment to sustainability sets it apart in the battery industry.

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Benefits

Health Insurance

Company Equity

INACTIVE