A

American Battery Technology

Recycles batteries and extracts battery metals

Fixed Asset Accountant

Full-Time
$105k - $175k/yr
Senior
Bachelor's
Reno, NV, USA
In Person
AccountingFinancial Accounting

About the job

Requirements
  • A bachelor's degree in Accounting or Finance is required.
  • At least 5 years of accounting experience with significant fixed asset and capital project accounting responsibilities.
  • Experience in a manufacturing, industrial, distribution, or capital-intensive environment.
  • Strong knowledge of U.S. generally accepted accounting principles related to fixed assets and capitalization.
  • Proven experience with month-end close processes and account reconciliations.
  • Advanced Microsoft Excel skills.
Responsibilities
  • Maintain the fixed asset subledger and ensure the accuracy of asset records across multiple manufacturing facilities.
  • Record asset acquisitions, disposals, transfers, impairments, and retirements.
  • Calculate and review monthly depreciation and amortization expense.
  • Reconcile the fixed asset subledger to the general ledger monthly.
  • Prepare fixed asset roll-forward schedules and supporting documentation for monthly, quarterly, and annual financial reporting.
  • Ensure proper asset classification and capitalization in accordance with company policy and U.S. generally accepted accounting principles.
  • Monitor construction-in-progress balances and coordinate timely placement into service.
  • Develop and maintain procedures for large-scale capital investment programs.
  • Collaborate with plant leadership regarding equipment acquisitions, replacements, upgrades, and disposals.
  • Maintain strong internal controls over fixed asset processes and capital expenditures.
  • Coordinate annual physical asset inventories and cycle count programs.
  • Investigate and resolve asset discrepancies.
  • Prepare audit schedules and supporting documentation for external auditors.
  • Support Sarbanes-Oxley compliance efforts, including control documentation and testing where applicable.
  • Prepare and ensure compliance with state and local property tax obligations.
  • Analyze depreciation trends and asset utilization metrics.
Desired Qualifications
  • Experience managing large fixed asset portfolios of $50 million or more.
  • Big Four public accounting experience.
  • Experience in publicly traded companies.
  • Experience in the battery materials, mining, manufacturing, chemicals, industrials, clean energy, or recycling industries.
  • Experience with government grants.
  • Experience with Department of Energy-funded programs.
  • Experience with enterprise resource planning implementations.
  • Experience supporting a company through accelerated filer readiness and Sarbanes-Oxley Section 404(b) compliance.
  • Experience with construction-in-progress accounting and large-scale capital expansion projects.
  • Knowledge of property tax reporting and asset inventory management.

About the company

A

American Battery Technology

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American Battery Technology focuses on securing battery material supplies through three main activities: recycling used lithium-ion batteries, extracting metals from battery materials, and developing primary mineral resources. Its products and services enable the batteries that power electric vehicles, grid storage, and consumer electronics while promoting environmental and ethical sourcing. The company recovers valuable metals from spent batteries, processes them for reuse, and pursues new mineral resources to feed the battery supply chain. Unlike firms that rely solely on mining or recycling, ABAT combines advanced recycling, metal extraction technologies, and new mine development to create a more integrated, responsible supply of battery materials. The overarching goal is to provide a stable, ethical, and environmentally sound source of critical battery materials to support electric mobility and energy storage at scale.

Company Size

51-200

Company Stage

IPO

Headquarters

Reno, Nevada

Founded

2011

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Simplify's Take

What believers are saying

  • October 1, 2026 approval unlocks up to $100 million in black-mass sales.
  • FY2026 revenue exceeded $21.7 million, and ABAT posted its first adjusted gross profit.
  • DOE reinstated the $57 million Tonopah grant, preserving lithium-refinery momentum.

What critics are saying

  • BIS approval is conditional; losing it cuts foreign black-mass sales immediately.
  • Tonopah Flats still needs full NEPA completion and final capital before production.
  • ABAT still carries going-concern and financing risk if grants or exports stall.

What makes American Battery Technology unique

  • ABAT combines Nevada recycling, Tonopah lithium mining, and domestic battery-material refining.
  • Ryan Melsert built first commercial black-mass plant and secured DOE-backed scale-up.
  • October 1, 2026 BIS approval legitimizes ABAT’s recycled black mass export channel.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Stock Options

Growth & Insights and Company News

6 month growth

7%

1 year growth

3%

2 year growth

4%
Yahoo Finance
Oct 21st, 2026
American Battery Technology eyes $2.6B Nevada lithium mine and $375M recycling expansion

American Battery Technology Company is building a US battery-materials supply chain around lithium-ion recycling and its Tonopah Flats lithium project in Nevada, chief financial officer Alex Flores said in a company presentation. Its Reno recycling plant can process 20,000 metric tons a year. A planned southeastern plant would handle 100,000 tons, backed by a $150 million Department of Energy grant against an estimated $375 million total cost. Tonopah Flats has a projected 45-year mine life, a $2.6 billion net present value, and a 21.8% after-tax internal rate of return. It has received a $900 million letter of interest from the Export-Import Bank. The company reported fiscal 2026 revenue of $21.7 million, up 407%. It ended the year with $49.5 million in cash and no debt.

Yahoo Finance
Oct 1st, 2026
American Battery Technology shares jump 10% on $100M export approval for recycled battery materials

American Battery Technology shares jumped 10% in premarket trading after receiving US government approval to export up to $100 million of recycled black mass material. The approval from the Department of Commerce's Bureau of Industry and Security came following new federal export controls on critical battery materials. Black mass contains lithium, nickel, cobalt, manganese and graphite that can be reprocessed for new products. The company operates a commercial-scale recycling facility near Reno, Nevada, which processes end-of-life batteries and manufacturing scrap. The export licence follows American Battery Technology reporting year-on-year revenue growth exceeding 400% for fiscal 2026. The company is expanding operations with a second recycling facility supported by $150 million in competitive grants from the US Department of Energy.

Yahoo Finance
Sep 16th, 2026
ABAT hits first profit with $21.7M revenue, but US export ban threatens black mass sales

American Battery Technology Company reported its first-ever adjusted gross profit of $1.7 million in fiscal year 2026, marking a sharp turnaround from a $6.2 million loss the previous year. Revenue jumped over 400% to $21.7 million, driven by higher throughput at its recycling facility. However, the US Department of Commerce has effectively banned black mass exports unless companies obtain specific exceptions. American Battery Technology has applied for an exception but is storing black mass whilst awaiting a response. The company eliminated all long-term debt and increased cash to $49.5 million as of 30 June 2026. It received a $150 million Department of Energy grant for a second recycling facility and a $10 million grant for next-generation recycling technologies.

Yahoo Finance
May 14th, 2026
American Battery hits positive gross margin as Q3 revenue climbs 64% to $7.8M

American Battery Technology Company (NASDAQ:ABAT) reported record fiscal Q3 revenue of $7.8 million on 11 May 2026, marking a 64% increase quarter over quarter. The company achieved its first positive gross margin whilst cost of goods sold rose only 11% over the same period. The revenue growth came from ramped operations at its Nevada critical mineral recycling facility. CEO Ryan Melsert said the positive gross margin milestone supports self-sustaining operations and will fund expansion of the recycling facility, development of a second facility, and construction of a lithium mine and refinery. On 28 April 2026, Maxim initiated coverage of American Battery with a Buy rating and $6 price target. The company develops battery materials technologies and explores for battery metals in the United States.

Yahoo Finance
May 10th, 2026
Maxim initiates American Battery Technology with $6 target, 76% upside ahead of Q3 results

American Battery Technology Company (NASDAQ:ABAT) received a Buy rating from Maxim on 28 April, with a price target of $6, implying 75.70% upside from its current price of $3.42. The independent investment research firm initiated coverage ahead of the company's Q3 fiscal results, scheduled for release on 13 May. The Nevada-based battery recycling company reported Q2 2026 revenue of $4.76 million and a strong cash balance of $48.7 million. Founded in 2011, American Battery Technology focuses on sustainable production of battery-grade materials through commercial-scale recycling of lithium-ion batteries and development of primary lithium resources. The company is expanding operations in both recycling and lithium extraction, expected to drive continued revenue momentum in Q3.