Accounts Payable Manager
Job Description
TITLE: Accounts Payable Manager
LOCATION: Bellevue, WA, USA
TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPower’s mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company’s activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.
TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes. TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law. In addition, as a federal contractor, TerraPower has instituted an Affirmative Action Plan (AAP) in an effort to proactively recruit, hire, and promote women, minorities, disabled persons and veterans.
Job Description:
The Accounts Payable Manager will be responsible for managing the end-to-end accounts payable cycle, including timely invoice processing & vendor payment, balance sheet reconciliation, and internal reporting of metrics. This role will also oversee the accounts payable staff, providing mentorship, training, and timely performance feedback. Additionally, the person in this role will work cross-functionally with procurement, contracts, and project teams to align processes & ensure timely and accurate invoice payments.
The successful candidate will demonstrate prior experience improving AP processes & AP team performance as well as experience with Oracle Fusion Cloud or a similar Tier 1 ERP system (Peoplesoft, Oracle EBS, SAP).
Responsibilities:
• Manage the end to end AP process including:
o Ensuring timely and accurate invoice processing, with requirement to process invoices as needed
o Manage, mentor and develop a team of AP specialists
o Manage cross functional collaboration relating to Accounts Payable. Resolve issues that affect multiple departments
o Identify and document root causes of payment delays & payment errors, implement corrective actions, monitor and report results
o Maintain positive relationships with vendors
o Develop and maintain KPIs and dashboards to efficiently monitor the AP process & provide AP reports to department & project leaders as needed
o Assists with internal & external audits as the primary AP point of contact and ensures compliance with SOX and other internal controls
o Driving system enhancements and implementation of technology tools including but not limited to the Oracle ERP system and AP automation tools
• General ledger accounting tasks including but not limited to:
o Preparation of balance sheet reconciliations
o Review of balance sheet results during month-end close. Determining & proposing any needed adjustments in accordance with GAAP.
• Able to identify unallowable costs according to government rules and/or contractual terms
• Ability to implement policies and procedures to help improve efficiencies
• Complies with internal control procedures on a day to day basis.
• Ability to perform moderately complex accounting tasks/analysis, categorize data for reporting and audit purposes
• Applies general knowledge of accounting policies and procedures when responding to written and verbal inquiries from stakeholders
Key Qualifications and Skills
• Bachelor’s degree in Accounting, Finance or a related field
• Minimum of 8 years work experience in accounts payable or general accounting; plus 3+ years as an AP Manager with direct reports in a high volume (1000+ invoices/month) environment
• Proficiency with Microsoft Excel and experience with Oracle Cloud or another Tier 1 ERP system (MS Dynamics 365, SAP) is required
• Must be proactive about identifying process inefficiencies & proposing workflow improvements
• Highly organized and detail-oriented; high degree of accuracy
• Strong leadership, team management, and team building skills
• Capable of quickly comprehending new information and technologies
• Capable of working in a fast-paced environment
• Strong communication skills; must be able to document and explain process change, system controls or compliance requirements concisely
• Analytical/problem solving – ability to identify, analyze and resolve problems in a timely manner
• Ability to prioritize and plan work activities
• Must be team oriented, willing to operate within a collaborative, multi-disciplinary environment
• The successful candidate will possess a high degree of trust and integrity, communicate openly and display respect and a desire to foster teamwork
Job Functions:
Job Functions are physical actions and/or working conditions associated with the position. These functions may also constitute essential functions for the job which the employee must be able to fulfill, with or without accommodation. Information provided below is to help describe the job so that the applicant has a reasonable understanding of the job duties/expectations. An applicant's ability to perform and/or tolerate these actions and conditions will be discussed and workplace accommodations may be made on a case-by-case basis following an individualized assessment of the applicant and other considerations, including but not limited to any governing safety standards.
• Motor Abilities: Sitting and/or standing for extended periods, bending/stooping, grasping/gripping, fine motor control (hands)
• Physical exertion and/or requirements: Minimal, with ability to safely lift up to 25 pounds
• Repetitive work: Prolonged
• Special Senses: Visual and audio focused work
• Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hrs./day
• Travel required: 0-5%
TerraPower’s technology is controlled for export by various agencies of the U.S. Government. TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements. To facilitate TerraPower’s export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States. Government export authorization approval times vary. Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval.
Job details:
Salary Range Level 10: $113,605 - $170,408
*Typically, our employee salaries are within .90 – 1.0 of the mid-point of the posted salary bands. Any salary offered within the posted salary band is based on market data and commensurate with the selected candidate’s qualifications and experience. This range is specific to Washington State.
Benefits:
• Competitive Compensation
• Salary, eligible to participate in discretionary short-term incentive payments
• Comprehensive Medical and Wellness Benefits for family or individual
o Vision
o Dental
o Life
o Life and Disability
o Gender Affirmation Benefits
o Parental Leave
• 401k Plan
• Generous Paid Time Off (PTO)
o 21 days of annually accrued PTO
• Generous Holiday Schedule
o 10 paid holidays
• Relocation Assistance
• Professional and Educational Support Opportunities
• Flexible Work Schedule
TerraPower Career and Benefits information: https://www.terrapower.com/contact-us/careers/
Company Information
Location: Bellevue, WA
Type: Hybrid