Senior AP Specialist

Location:

Newtown, PA

Reports to:

Director of Accounting

Sky Vest is a renewable power generation platform backed by Arc Light Capital Partners (“Arc Light”). Through affiliates of Arc Light, Sky Vest acquires, operates and optimizes operating utility-scale wind, solar and BESS assets throughout the U.S. Sky Vest strives to maximize the potential of its assets and create enduring value for its customers, communities, employees and investors. Arc Light formed Sky Vest with the vision of building a leading, multi-billion-dollar platform for its renewable investments, similar to its Alpha Generation platform for thermal generation assets.

Since its launch in July 2024, Sky Vest has grown its asset portfolio to nearly 1 GW, comprised of wind and solar assets in PJM, ERCOT, CAISO and MISO.

Arc Light is a leading private equity firm focused on energy and infrastructure, founded in 2001. With deep sector expertise, Arc Light has invested in more than 65 gigawatts of power generation and over 47,000 miles of transmission and distribution infrastructure, representing approximately $80 billion in total enterprise value. The firm is known for its operationally driven investment approach and maintains a large internal team alongside a network of over 2,000 asset management professionals.

Arc Light has a strong track record in renewables and energy transition assets, including solar, battery storage, hydroelectric, and natural gas infrastructure.

About This Position

Sky Vest is building out a best-in-class asset management platform to manage and maximize the value of our asset portfolio. We are seeking a motivated, detail-oriented individual to join the team as a Senior Accounts Payable (AP) Specialist. This role will oversee the end-to-end accounts payable function, ensuring accurate and timely processing of vendor invoices, expense management, and payments. This role will be the key contact for vendor management and relationships.

This role reports to the Director, Accounting in the Finance department.

Key Responsibilities

Manage the full cycle accounts payable process, including invoice intake, coding, approvals, and payment processing

• Evaluate and document the AP workflows to strengthen internal controls as the company scales and grows
• Propose and schedule payment runs, ensuring proper approvals and 3-way match of invoices
• Oversee vendor account onboarding and management, including collection of W-9, vendor due diligence and information verification, maintaining vendor master data, and resolving discrepancies and inquiries
• Partner across the organization on accurate purchase orders and appropriate cost allocation across the assets and operating expenses
• Ensure compliance with the company’s finance policies, fraud prevention, GAAP, and applicable tax requirements such as 1099 preparation
• Assist with the employee expense reimbursement process and corporate credit card program
• Prepare and review AP aging reports, accrual schedules and support the Accounting team on month-end and year-end close activities
• Develop, track, and report on AP KPIs, including outstanding payable, invoice cycle time, etc.) to drive continuous improvement
• Support with internal/external audit requests as necessary

Qualifications And Skills

• Minimum of 5 years of progressive accounts payable experience, including demonstrated success owning AP processes
• Bachelor’s degree in Accounting, Finance, or related field is preferred (in lieu of degree, equivalent professional experience)
• Working experience with AP automation, ERP system, and workflow tools (ie., , Sage, etc.)
• Knowledge of GAAP, internal controls, and AP-related compliance requirements
• Advanced Excel skills
• Proactive and exceptional…