Accounts Payable Specialist at K2 Space

Los Angeles, California, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Aerospace, SpaceIndustries

Requirements

Associate’s or Bachelor’s degree in Accounting, Finance, or related field (or equivalent experience)
3+ years of accounts payable experience, with demonstrated expertise in AP processes and 3-way matching
Proficiency in ERP systems (e.g., NetSuite, MS Dynamics, QuickBooks) and AP software tools (e.g., Bill.com, Ramp)
Strong skills in Microsoft Excel and other Office applications
Excellent attention to detail and accuracy in data entry and financial processing
Strong organizational and time-management skills, with the ability to prioritize tasks in a high-volume environment
Effective communication and interpersonal skills to train staff and collaborate with cross-functional teams
Knowledge of GAAP and basic tax regulations (e.g., 1099 reporting) preferred
Experience with process improvement or AP automation is a plus
Space industry or aerospace experience (nice to have)

Responsibilities

Process high-volume vendor invoices, including verification, coding, and obtaining necessary approvals
Lead the preparation and execution of payment runs (e.g., checks, ACH, wire transfers) to ensure timely vendor payments
Reconcile vendor statements, resolve discrepancies, and maintain positive vendor relationships
Assist in maintaining the vendor master file, ensuring data accuracy and compliance with tax requirements (e.g., W-9s, 1099s)
Review and monitor AP transactions to ensure adherence to internal controls, company policies, and regulatory standards
Support month-end and year-end close processes, including account reconciliations and accrual preparation
Prepare AP aging reports and other financial reports for management review
Identify opportunities for process improvements and assist in implementing AP automation or system enhancements
Collaborate with procurement, receiving, and other departments to resolve invoice and purchase order discrepancies
Provide documentation and support during internal and external audits
Act as a point of escalation for complex AP issues and assist the Head of Finance and Accounting and Assistant Controller as needed

Skills

Accounts Payable

Invoice Processing

Vendor Invoices

Payment Runs

ACH

Wire Transfers

Vendor Reconciliation

Vendor Statements

Vendor Master File

Process Improvement

K2 Space

Manufactures cost-effective high-capability satellite buses

About K2 Space

K2 Space manufactures and sells satellite buses, which are the main structures and systems of satellites, excluding the payload. Their products allow clients to create customized satellites for various missions, including scientific research, commercial communication, and defense. K2 Space's approach breaks the traditional link between satellite size and cost, enabling the deployment of large, high-capability satellites at lower prices. This is achieved by leveraging advanced satellite technology and a team with experience from top aerospace companies like SpaceX and Blue Origin. K2 Space aims to make space missions more accessible by providing affordable satellite solutions, thus expanding opportunities for exploration and development in the aerospace sector.

West Hollywood, CaliforniaHeadquarters

2022Year Founded

$66.6MTotal Funding

SERIES_ACompany Stage

AerospaceIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Unlimited Paid Time Off

Parental Leave

Company Equity

Risks

Increased competition from established companies like SpaceX threatens K2 Space's market share.

Reliance on venture capital funding may lead to financial instability if interest wanes.

Potential delays in launching their first Mega satellite could impact reputation and trust.

Differentiation

K2 Space offers high-capability satellite buses at a fraction of traditional costs.

The company breaks the historical correlation between satellite mass and cost.

K2 Space's team includes veterans from leading aerospace companies like SpaceX and Blue Origin.

Upsides

K2 Space secured a $60M contract from the U.S. Space Force for satellite missions.

The company raised $50M to build Mega Class satellites, boosting its financial position.

Growing demand for satellite-based internet services expands K2 Space's market reach.

Land your dream remote job 3x faster with AI

Try Jobo Free