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Accounts Payable Accountant

Role overview

Qualifications

  • An Associate degree or Bachelor's degree with 3+ years of Accounts Payable experience
  • Proficiency with Excel and adaptability to new technology/tools such as AI; experience with AP software like Coupa and vendor management
  • Strong verbal and written communication, detail-oriented with excellent organizational skills, and ability to work in a fast-paced environment with tight deadlines
  • Experience with vendor relationship management and internal controls to safeguard company assets; self-starter who takes initiative

Responsibilities

  • Manage Accounts Payable and ensure a smooth Procure-to-Pay process, including GL coding of vendor invoices, approvals, weekly pay runs, month-end close, accruals, and reconciliations
  • Produce a weekly AP aging and analyze payments; prepare and post payments ensuring completeness and accuracy; review vendor statements and resolve discrepancies
  • Create and manage vendor records (including W9s) and monitor the AP inbox; correspond with vendors to address inquiries
  • Optimize AP procedures using Coupa and AI in day-to-day activities, ensuring controls are followed and processes are efficient

About the company

Lambda logo

Lambda

Lambda provides computation to accelerate human progress. We're a team of Deep Learning engineers building the world's best GPU cloud, clusters, servers, and workstations. Our products power engineers and researchers at the forefront of human knowledge. Customers include Intel, Microsoft, Google, Amazon Research, Tencent, Kaiser Permanente, MIT, Stanford, Harvard, Caltech, Los Alamos National Lab, Disney, and the Department of Defense.

Company details

Company typeSME
Industry
Company size51 - 200

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Job description

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.

If you'd like to build the world's best AI cloud, join us.

*Note: This position requires presence in our San Jose office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

What You’ll Do

  • Manage Accounts Payable and ensure a smooth Procure-to-Pay process

  • GL coding of vendor invoices, submit invoices for approval, weekly pay runs, vendor communication, month-end close, accruals, and reconciliations

  • Ensure invoices are entered accurately and completely, agree to vendor contract/terms, and correctly reflect the company's chart of accounts in the accounting system

  • Take advantage of discount terms when available

  • Produce a weekly AP Aging and analyze which payments should be made to vendors

  • Preparation and posting of payments, ensuring completeness and accuracy

  • Review vendor statements for missing or outstanding invoices

  • Correspond with vendors to resolve discrepancies and manage vendor inquiries

  • Create and manage vendors, maintain W9 database, and monitor the AP inbox

  • Review company credit card transactions for accuracy and employee compliance to T&E policies

  • Optimize AP procedures using Coupa as well as using AI in your day to day activities.

You

  • Have an Associates degree or Bachelor’s degree and 3+ years of Accounts Payable experience

  • Can follow established controls to safeguard company assets

  • Are analytical with strong conceptual and problem-solving skills

  • Are detail oriented with superb organizational skills

  • Can work in a fast paced environment and meet tight deadlines

  • Have excellent verbal and written communication skills

  • Have a strong proficiency with Excel and adaptability to new technology and tools such as AI

  • Have excellent project management skills

  • Experience with vendor relationship management

  • Are a self-starter who can take on new initiatives without being asked to do so

  • Provide support needed to achieve a timely month end close

Nice to Have

  • Netsuite, Salesforce, Coupa, Stripe, AI experience

  • Data center, cloud infrastructure, or hardware industry experience

  • pre-IPO, post-IPO experience, public company experience

Salary Range Information

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

  • Founded in 2012, with 500+ employees, and growing fast

  • Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove

  • We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

  • Our values are publicly available: https://lambda.ai/careers

  • We offer generous cash & equity compensation

  • Health, dental, and vision coverage for you and your dependents

  • Wellness and commuter stipends for select roles

  • 401k Plan with 2% company match (USA employees)

  • Flexible paid time off plan that we all actually use

A Final Note:

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.

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Marcus Rivera

Chief Revenue Officer

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