Senior Accountant – Accounts Payable & Capital Accounting

Senior Accountant – Accounts Payable & Capital Accounting

Are you ready to be part of a company that's not just talking about the future, but energetically shaping it? Join the Microvast Team (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions.  Founded in 2006 and headquartered in Stafford, TX, Microvast is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry (cathode, anode, electrolyte, and separator) to battery packs. By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications. More information can be found on the corporate website: www.microvast.com

If you’re ready to be part of a company that’s not just adapting to change, but driving it, Microvast is the place for you.   Apply now and electrify your career with a true leader in the global energy transformation.  

Job Summary

The Senior Accountant - Accounts Payable & Capital Accounting is responsible for leading the full accounts payable (AP) lifecycle and vendor management process, including invoice processing, payment approvals, vendor set-up, and internal coordination. The Senior Accountant is responsible for reviewing purchase contracts to determine proper accounting treatment of purchases, assets, and expenses. This role ensures the timely resolution of discrepancies and delivers accurate and insightful AP data and reports to executive leadership. Leads key month-end and year-end close activities, including reconciliation of bank accounts, credit card, prepaid expenses, and other balance sheet accounts. This position acts as the primary subject matter expert for all AP-related inquiries, this role ensures strict compliance with internal controls, company policies, and financial regulations.

This position will be located on-site at our Stafford, TX office.

• Manage and execute the full accounts payable cycle, from invoice receipt to payment approvals and vendor communication.


• Work with business leaders to review approved purchase contracts, account for, and understand payment terms.


• Maintain capital project spend against approved budgets and provide monthly updates to management.


• Proactively manage outstanding AP items and monitor aging to ensure timely resolution of vendor disputes and prevent payment delays.


• Oversee and approve new vendor setups, ensuring accurate information and proper assignment of GL accounts and cost centers in compliance with company policy.


• Monitor daily cash flow and banking transactions related to AP.


• Prepare weekly payment proposals and cash disbursement forecasts for management review and approval and make accounting entries to record the approved payments against the AP.


• Process payments via check, ACH, and wire transfers.


• Maintain accurate vendor records and post payments in QuickBooks.


• Provide weekly AP aging analysis report to management.

• Maintain capital project spend against approved budgets and provide monthly updates to management.


• Track capital projects, monitor Construction in Progress (CIP) balances, and process asset capitalization in a timely manner.


• Review purchase contracts and invoices to determine proper accounting treatment of purchases, assets, and expenses.


• Maintain fixed-asset ledgers, depreciation schedules, and supporting documentation.


• Ensure compliance with company capitalization policies and audit requirements for fixed assets.

• Prepare and post journal entries, accruals, and adjustments for monthly, quarterly, and year-end close.


• Complete bank and credit card reconciliations on a timely basis.


• Review and approve AP reconciliations, ensuring accuracy and proper documentation.


• Reconcile prepaid expenses.


• Reconcile balance sheet accounts, including inventory and fixed assets.


• Complete ad hoc financial analysis and special projects as requested by leadership.

• Serve as the lead for all AP-related inquiries, both internal and external. 


• Ensure accounts payable compliance with internal controls, policies, and financial regulations.


• Support internal and external audits by providing necessary documentation and explanations related to the AP process.


• Identify opportunities to strengthen internal controls, streamline processes, and enhance accuracy in the AP and Capital workflows.


• Participate in ERP/SAP implementation, testing, and process enhancement projects related to AP and Fixed Assets.

• Bachelor’s Degree in Accounting, Finance, or related field required.


• A minimum of 5 years of progressive experience in Accounts Payable.


• Preferred experience in publicly traded companies or public accounting firm

• Highly organized, detail-oriented, and efficient, with a proven track record of managing a high volume of transactions with accuracy and timeliness.


• Demonstrated strong analytical skills, with the ability to perform precise three-way matching, investigate and assign root causes, and review payment data for discrepancies, and analyze payment data for any irregularity.


• Proficiency in accounting software and advanced Excel skills.


• QuickBooks & SAP experience is a plus.

Expected Compensation

Annual salary benefits

 Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

 Applicants for employment at Microvast must be a U.S. citizen or national, U.S. permanent resident (i.e. current Green Card holder), or lawfully admitted into the U.S. as a refugee or granted asylum.

 Microvast is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to any factor, including veteran status and disability status, protected by applicable federal, state or local laws. Microvast is also committed to working with and providing reasonable accommodations to individuals with disabilities. Please let your recruiter know if you need an accommodation at any point during the interview process.

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