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About the Role
Xanadu is seeking a detail-oriented and analytical Senior Accountant to join their Finance team. This role is responsible for inventory accounting, lifecycle management of long-term assets, and core accounting operations that support research and development initiatives. The ideal candidate is proactive, solutions-oriented, and highly collaborative, with the ability to operate independently in a fast-paced, dynamic environment while continuously improving processes and systems.
Responsibilities
- Lead end-to-end accounting for inventory and materials, including capitalization, usage tracking, and valuation in accordance with US GAAP.
- Manage the full lifecycle of fixed assets, including capitalization of construction-in-progress (CIP), depreciation, disposals, and impairment analysis.
- Partner with R&D, Purchasing, and Facilities teams to track equipment installations and ensure accurate classification and recording of assets.
- Own accounting operations for assigned areas during the monthly, quarterly, and annual close processes.
- Prepare journal entries, account reconciliations, and roll-forward schedules.
- Act as the primary liaison for external auditors on inventory, fixed assets, and revenue/grant-related matters.
- Ensure compliance with US GAAP and internal SOX control requirements.
- Lead and optimize revenue recognition and grant accounting processes in accordance with US GAAP.
- Manage all related accounting activities during month-end and quarter-end close cycles.
- Prepare detailed journal entries and perform balance sheet reconciliations.
- Conduct financial variance analysis across revenue, inventory, and capital investment portfolios.
- Maintain audit-ready documentation and support financial statement accuracy.
- Act as the finance lead for government funding programs (e.g., SR&ED, SIF, FedDev).
- Gather and compile technical and financial documentation to support funding claims and reporting requirements.
- Partner with department leaders to develop and manage the annual CAPEX budget.
- Perform monthly variance analysis (actual vs. budget) to support cash flow management and investment decisions.
- Oversee invoice processing and coding for capital projects.
- Ensure accurate classification between OPEX and CAPEX.
- Maintain effective accounts payable workflows for major vendors and contractors.
- Identify and implement process improvements and automation initiatives to enhance accuracy, efficiency, and scalability.
- Support the Finance Manager on additional accounting initiatives, process enhancements, and cross-functional projects as required.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Active CPA designation.
- 2–4 years of progressive accounting experience in public accounting or industry.
- Strong attention to detail with the ability to perform in a fast-paced environment.
- Proven ability to take ownership and deliver consistent results.
- Excellent communication and project management skills.
- Advanced proficiency in Microsoft Excel.
- Experience in a high-growth, agile, or start-up environment.
- Familiarity with public company reporting and SOX compliance frameworks.
- Experience with ERP systems, particularly NetSuite.
- Knowledge of Python and/or SQL is an asset.
- Strong understanding of US GAAP.
Skills
- Microsoft Excel
- US GAAP
- ERP systems
- NetSuite
- Python
- SQL
- Public company reporting
- SOX compliance
Location
- Remote
Work Type
- Full-time
Experience Level
- Senior
Education Level
- Bachelor's degree
- CPA designation
Salary/Compensations
- 95,000 - 120,000 CAD
Benefits
- Equity
About the Company
- Xanadu’s mission is to build quantum computers that are useful and available to people everywhere.
- At Xanadu, we are learners, innovators, researchers, collaborators and problem solvers.
- We are creating something that has never been built before.
- What we are doing is extremely hard, the classic moon shot.
- Few people in their life will be able to be a part of something like this, where if we are successful, the technologies we develop will solve some of the world’s most challenging problems, and literally change the world.
- And that is something to be excited about!
Equal Opportunity
- We are an equal opportunity employer and encourage candidates of all backgrounds to apply.
- We are committed to building an inclusive, safe, and equitable culture and fostering an environment where our employees feel included, valued, and heard.
- We are committed to meeting the needs of all individuals and support a barrier-free workplace.
- Should you require accommodations at any point during the recruitment process please contact Recruiting at recruiting@xanadu.ai.
- Please be advised that we may use artificial intelligence (AI) tools to assist in the screening and assessment of applicants for this position.
- These tools assist our recruitment team but do not replace human judgment.
- Final hiring decisions are ultimately made by humans.
- If you would like more information about how your data is processed, please contact us.