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Full-Time

Corporate Senior Fixed Asset Accountant

Confirmed live in the last 24 hours

Redwood Materials

Redwood Materials

501-1,000 employees

Recycles batteries for domestic material supply

Automotive & Transportation
Hardware
Industrial & Manufacturing
Energy
Social Impact

Senior

Carson City, NV, USA

Category
Financial Accounting
Accounting
Required Skills
SAP Products
Financial analysis
Mergers & Acquisitions (M&A)
Oracle
Requirements
  • Bachelor’s degree in accounting, Finance, or related field; CPA certification or advanced degree preferred.
  • 5 years of progressive experience in fixed asset accounting within a large corporate environment, preferably within a multinational organization.
  • Strong understanding of fixed asset accounting principles, depreciation methods, tax regulations, and financial reporting requirements under GAAP.
  • Proficiency in ERP systems (e.g., SAP, Oracle) and fixed asset management software; experience with Oracle Fusion or similar platforms is a plus.
  • Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and communicate findings effectively to stakeholders.
  • Detail-oriented with strong organizational and time management skills, capable of managing multiple priorities and meeting tight deadlines in a fast-paced environment.
  • Collaborative team player with strong interpersonal skills, able to build effective relationships and work cross-functionally to achieve common goals.
  • Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
  • Self-motivated and proactive, with a commitment to continuous learning and professional development.
Responsibilities
  • Manage the complete lifecycle of fixed assets, including acquisition, capitalization, depreciation, impairment testing, and disposal, ensuring compliance with US GAAP and company policies.
  • Conduct monthly and quarterly reconciliations of fixed asset sub-ledgers to the general ledger, investigating and resolving any variances or discrepancies in a timely manner.
  • Prepare and review depreciation schedules and journal entries for fixed assets, ensuring accurate and timely recording of depreciation expense and related adjustments.
  • Assist in the preparation of monthly, quarterly, and annual financial statements and disclosures related to fixed assets, supporting external reporting requirements and audit activities.
  • Establish and maintain effective internal controls over fixed asset accounting processes, ensuring compliance with SOX requirements, and facilitating audit readiness.
  • Review and approve capital expenditure requests, ensuring proper classification and capitalization of expenditures in accordance with company policies and accounting standards.
  • Coordinate and participate in physical inventories and audits of fixed assets, collaborating with cross-functional teams and external auditors to verify asset existence, condition, and valuation.
  • Identify opportunities to streamline and automate fixed asset accounting processes, leveraging technology and best practices to enhance efficiency and accuracy.
  • Conduct ad-hoc financial analysis and reporting as requested by management, providing insights into fixed asset trends, performance metrics, and investment opportunities.
  • Partner with procurement, operations, tax, and finance teams to ensure alignment of fixed asset accounting activities with broader business objectives and initiatives.

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 for battery production. This process not only reduces costs but also addresses sustainability concerns by minimizing the environmental impact associated with transporting critical metals over long distances. Unlike many competitors who rely on overseas sources for these materials, Redwood Materials provides a local solution for U.S. cell manufacturers, helping them to lower expenses and enhance their sustainability efforts. The goal of Redwood Materials is to support the growing demand for lithium-ion batteries, which is expected to increase significantly in the coming years, by creating a more efficient and environmentally friendly supply chain.

Company Stage

Series D

Total Funding

$3.8B

Headquarters

Carson City, Nevada

Founded

2017

Growth & Insights
Headcount

6 month growth

19%

1 year growth

35%

2 year growth

93%
Simplify Jobs

Simplify's Take

What believers are saying

  • Redwood's strategic partnerships with major manufacturers like GM and Ultium Cells ensure a robust and reliable supply chain.
  • The company's expansion into Europe with the acquisition of Redux Recycling indicates strong growth potential and market diversification.
  • Redwood's focus on sustainability and reducing environmental impact aligns with global trends towards electrification and green energy, making it an attractive employer for those passionate about sustainability.

What critics are saying

  • The high capital expenditure for facilities like the $3.5 billion South Carolina plant could strain financial resources if market conditions change.
  • Dependence on partnerships with major manufacturers means that any disruption in these relationships could significantly impact Redwood's supply chain.

What makes Redwood Materials unique

  • Redwood Materials focuses on recycling and repurposing batteries to produce domestic anode and cathode materials, unlike competitors who rely on overseas procurement.
  • Their partnership with major industry players like General Motors and Ultium Cells provides Redwood with a steady stream of production scrap, ensuring a consistent supply of raw materials.
  • The company's large-scale facility investments, such as the $3.5 billion plant in South Carolina, position them as a significant player in the North American battery supply chain.