Accounts Payable Supervisor

Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy.
CFS is collaborating with MIT to leverage decades of research combined with new groundbreaking high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. The mission is to deploy fusion power plants to meet global decarbonization goals as fast as possible. CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change. To execute this plan, we are looking to add talented people to the team who are mission-driven and treat people well, improve our team by adding diverse perspectives and new ways of solving problems, have demonstrated exceptional results through a range of different pursuits, and have skill sets and experience that relate to this role.
As our Accounts Payable Supervisor, you will report directly to the Accounting Manager and will collaborate with employees across every functional area of the organization as well as the company’s vendors. We are a startup company that is moving rapidly to build a one-of-a-kind prototype fusion energy device, and this requires a heavy purchasing volume with an efficient and diligent accounts payable function to accomplish. We’re looking for someone who can effectively take control and execute the day-to-day of accounts payable while helping us grow and optimize our processes, ERP system, and controls in an exciting and quickly evolving workplace. This position would be in charge of growing the accounts payable team with company demand and growth.

This team member will:

• Lead and execute accounts payable function in a high-volume and dynamic working environment (entering, processing, and paying invoices)
• Maintain detailed and accurate electronic records to support accounts payable transactions for compliance and annual audit
• Coordinate in a prompt and professional manner with procurement, receiving, and external suppliers to facilitate the prompt resolution of outstanding transactions, invoice holds, and payment issues.
• Monitor payment process ensuring appropriate approval authority, general ledger coding, and compliance with company internal controls, policies and procedures
• Assist with month-end accounting close and reconciliations
• Facilitate company credit card program, ensure compliance with approval and transaction support policies, and reconcile to credit card statements
• Participate in the optimization of our end-to-end accounts payable workflow in our ERP, Odoo, and enhancement of related internal controls and process documentation
• Prepare and distribute 1099s to appropriate vendors and file with IRS
• Grow and  supervise accounts payable team with additional resources in the near future
• Maintain / reconcile liability accounts for the company - includes but not limited to AP, Credit Cards, and Loans
• Identify potential risk and provide solutions with company growth
• Recommend improvements to processes and procedures

The ideal candidate will have most, if not all, of these requirements:

• Bachelor’s degree in Business Administration, Accounting or Economics or similar field preferred
• Minimum 2 years Accounts Payable experience is required in a paperless workflow environment
• Experience working in companies with heavy manufacturing and project driven environment
• Experience with end-to-end Accounts Payable process in a manufacturing environment
• Strong attention to detail and confidentiality. A bit of a nitpicker about accurate record keeping
• A strong communicator (particularly written communication), with a service-oriented mindset
• Ability to keep organized and demonstrate flexibility in a fast-paced, startup company environment
• Ability to work and manage time independently, as part of a collaborative team

Additional experience and/or qualifications:

• Experience with Odoo ERP system
• Exposure to accounting close environment, including preparation of reconciliations and coordinating with annual audit
• Past work in an organization funded by government grants or contracts
• Ability to perform activities such as typing and sitting for extended periods of time
• This role can be performed on a partially remote basis, but this individual will be required to be able to go on-site regularly to process mail and make payment runs

CFS team members thrive in a fast-paced, dynamic environment and have demonstrated exceptional results through a range of different pursuits. We all tightly align with our company values of integrity, execution, impact and self-critique. As we grow, we are looking to add talented people who are mission driven and bring diverse perspectives and new ways of solving problems.
At CFS, we deeply value diversity and are an equal opportunity employer by choice. We consider all qualified applicants equally for employment. We do not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.