Full-Time

Accounts Payable Manager

Posted on 1/15/2025

Redwood Materials

Redwood Materials

501-1,000 employees

Recycles batteries for domestic material supply

Senior

Carson City, NV, USA

Category
Bookkeeping
Auditing
Cost Accounting
Financial Accounting
Tax Accounting
Management Accounting
Payroll Accounting
Accounting
Required Skills
SAP Products
Oracle
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting, business, or related field strongly preferred.
  • 5+ years of accounts payable experience, at least 2 of which in a supervisory capacity.
  • Excellent communication and interpersonal skills.
  • Proficient in Excel.
  • Experience with large ERP systems preferred (Oracle, SAP, Microsoft D365).
Responsibilities
  • Manage the processing of all accounts payable activity which include but are not limited to maintaining the integrity of supplier data records, processing incoming invoice payment requests and ensuring timely issuance of payment.
  • Oversee the payment processing through wire transfers, check or ACH.
  • Responsible for the supervision, training and performance evaluation of Accounts Payable staff.
  • Review and supervise the review of payment request documentation for adherence to company policies; promptly escalate and resolve exception items.
  • Establish and document supplier data integrity rules and ensure adherence to them.
  • Review business travel and expense reports and external department procurement card transactions in Concur for compliance with company policy.
  • Promptly and professionally respond to and resolve inquiries from both internal and external parties.
  • Prepare and maintain procedural documentation and other resources for departmental staff and outside suppliers.
  • Responsible for IRS reporting requirements as they pertain to Accounts Payable transactions, including processing annual 1099 returns and payment remittances.
  • Stay up to date with IRS regulations as they pertain to payments to outside parties.
  • Review and make recommendations for Accounts Payable process automation and utilization of tools to improve efficiency.
Desired Qualifications
  • A passion for sustainability and making the world a better place!

Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company recycles used batteries to produce domestic sources of anode and cathode materials, which are essential components in battery production. This process not only reduces costs but also addresses sustainability concerns by minimizing the need for overseas procurement of critical metals. Unlike many competitors, Redwood Materials emphasizes creating a closed-loop supply chain within North America, allowing U.S. cell manufacturers to source materials locally. The goal of Redwood Materials is to support the growing demand for lithium-ion batteries while promoting environmentally friendly practices and reducing the overall carbon footprint of battery production.

Company Size

501-1,000

Company Stage

Series D

Total Funding

$1.7B

Headquarters

Carson City, Nevada

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing EV adoption in the U.S. boosts demand for Redwood's recycling services.
  • U.S. Department of Energy funding supports Redwood's expansion plans.
  • Advancements in recycling technology improve Redwood's operational efficiency and cost-effectiveness.

What critics are saying

  • Over-reliance on partnerships with major automakers could pose financial risks.
  • Departure of key executives may disrupt financial strategy and management.
  • Rapid expansion may strain resources and lead to operational challenges.

What makes Redwood Materials unique

  • Redwood Materials creates a circular supply chain for lithium-ion battery production.
  • The company offers domestic anode and cathode materials from recycled batteries.
  • Redwood's partnerships with major automakers enhance its market position and credibility.

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Benefits

Health Insurance

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

1%
Construction Briefing
Jan 9th, 2025
New president for 'design once, build many' US nuclear firm

Thompson joins from Redwood Materials, a manufacturing technology company that is creating an electric battery supply chain across America, where he was chief financial officer.

Teslarati
Sep 19th, 2024
Redwood Materials strikes deal with BMW

Redwood Materials recently announced its partnership with BMW of North America to recycle lithium-ion batteries.

UNR Bep
Jul 31st, 2024
Battery Recycling Drop Off for Items with Rechargeable Batteries

The Lake Tahoe Electric Transportation Forum is partnering with Redwood Materials and the Nevada BEP to jointly coordinate a Battery Recycling Drop Off Center at the Forum.

Batteries International
May 31st, 2024
Lead and lithium choose South Carolina

Battery recycler Redwood Materials announced a $3.5 billion facility in Charleston in December 2022.

CleanTechnica
May 26th, 2024
Redwood Partners With Ultium Cells

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google NewsAt Redwood, our process involves sourcing end-of-life batteries and production scrap as well as raw materials and then recycling, refining, and remanufacturing these feedstocks into critical battery materials for North American cell manufacturers at gigafactory-scale.Redwood is now working with Ultium Cells LLC—the joint battery cell manufacturing venture between General Motors and LG Energy Solution— to recycle production scrap from both their Warren, Ohio and Spring Hill, Tennessee facilities. Materials to be recycled include cathode and anode material as well as cell scrap.Ultium Cells’ two facilities are each 2.8 million-square-feet operations that expect to produce more than 80 GWh combined of battery cells annually, with Redwood receiving the majority of the scrap from its manufacturing process. Ultium is already shipping material from Gigafactories in Ohio and Tennessee and the company has a third facility under construction in Michigan. With this latest collaboration, Redwood now has contracts with most of North America’s battery cell manufacturers.Despite tremendously efficient production rates, cell manufacturing still experiences a 5-10% scrap rate on average. This equates to daily truckloads full of material, and ~10,000 tons of material annually, for Redwood to recycle and remanufacture into critical battery components for cell manufacturing.Redwood is redefining sustainability in battery material production at our Northern Nevada campus

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