Twelve

Sr. Accounts Payable Specialist

United States

Twelve Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
ChemicalsIndustries

Requirements

Candidates should possess a Bachelor's degree in Accounting, Finance, or a related field, and have a minimum of 7 years of experience in accounts payable, with at least 3 years in a senior role. Strong knowledge of accounting principles and practices is essential, as is experience with ERP systems and accounts payable software. Excellent analytical and problem-solving skills are required, along with the ability to maintain a high degree of accuracy and attention to detail.

Responsibilities

The Senior Accounts Payable Specialist will oversee the complete accounts payable cycle, including invoice receipt, review, approval, and payment processing, ensuring accuracy and adherence to company policies. They will serve as the primary point of contact for vendor inquiries, resolve payment issues, and maintain positive vendor relationships. This role involves collaborating with various departments to troubleshoot discrepancies, ensuring timely and accurate payments, and reconciling the AP subledger to the general ledger. Additionally, the Specialist will assist with month-end and year-end closing activities, support audits, and develop/maintain AP policies and internal controls, while also processing employee reimbursement requests and corporate credit card expenses.

Skills

Accounts Payable Processes
Accounting Principles
Internal Controls
Vendor Communication
Discrepancy Resolution
Reconciliation
Process Improvement
Team Collaboration
Troubleshooting

Twelve

Converts CO2 into sustainable products

About Twelve

Twelve focuses on transforming carbon dioxide (CO2) into valuable products that are usually derived from fossil fuels. The company uses a process that mimics industrial photosynthesis, combining CO2, water, and renewable energy to produce hydrocarbons, which serve as the foundation for various materials and fuels. This method significantly lowers lifecycle emissions by up to 90% compared to traditional production techniques and aims to eliminate reliance on fossil fuels. Twelve differentiates itself from competitors by licensing its unique technology to industrial partners and collaborating on projects to scale its solutions. The company's goal is to contribute to a circular carbon economy by turning CO2 into useful products, thereby addressing environmental issues and supply chain challenges.

Key Metrics

Berkeley, CaliforniaHeadquarters
2015Year Founded
$796.1MTotal Funding
PRIVATE_PLACEMENT_VCCompany Stage
Energy, Consumer GoodsIndustries
201-500Employees

Risks

Increased competition from regional carbon-focused hubs may challenge Twelve's market position.
Reliance on regional tax credits poses financial risk if incentives are reduced.
Pressure to rapidly scale production could strain Twelve's resources.

Differentiation

Twelve converts CO2 into valuable products, reducing reliance on fossil fuels.
Their technology mimics industrial photosynthesis, creating hydrocarbons from CO2, water, and energy.
Twelve's business model includes licensing technology and strategic partnerships for scaling solutions.

Upsides

Twelve secured $645 million to expand R&D and production capabilities.
Partnership with IAG for 260 million gallons of e-SAF boosts Twelve's market presence.
Expansion into Alameda, California, enhances production capacity and operational footprint.

Land your dream remote job 3x faster with AI