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Xanadu
Junior AccountantXanadu • Toronto, Ontario, Canada
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Junior Accountant

Junior Accountant

Xanadu • Toronto, Ontario, Canada
25 days ago
Salary
CA$90,000.00 yearly
Job type
  • Full-time
Job description

About Xanadu:

Xanadus 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 worlds most challenging problems and literally change the world. And that is something to be excited about!

Your role and responsibilities:

In this role you will be responsible for maintaining accurate financial records and ensuring the integrity of our financial reporting. Key responsibilities include:

  • Responsible for recording and tracking financial transactions included for prepaids leasing loans including preparing monthly journal entries.
  • Month-End Reconciliations: prepare monthly reconciliations related to areas of responsibilities and various general ledger accounts.
  • Ownership and Accuracy: Take control of assigned areas to ensure accurate and complete values are posted to the financial statements.
  • Cross-Functional Collaboration: Maintain a collaborative work style to engage effectively with the organization and vendors while strictly adhering to internal policies and procedures.
  • Month end and quarter end activities: support accounting team with various month end and quarterly tasks as required
  • Maintain and manage reconciliations of general ledger accounts to ensure accuracy

General Ledger Support

  • Assist in recording and tracking financial transactions including prepaids leases and loans

Responsible for recording and reconciling leasing loan and prepaid activities including preparing related journal entries

  • Prepare and post routine journal entries (accruals adjustments reclassifications)
  • Monitor account balances and investigate or escalate discrepancies

Month-End & Year-End Close

  • Support month-end quarter-end and year-end close processes
  • Ensure transactions are recorded accurately and on a timely basis
  • Assist in preparing supporting schedules and documentation for financial reporting

Account Reconciliations

  • Prepare monthly reconciliations for assigned general ledger accounts
  • Perform balance sheet reconciliations and resolve reconciling items
  • Ensure reconciliations are accurate complete and completed within deadlines

Financial Accuracy & Ownership

  • Take ownership of assigned tasks to ensure completeness and accuracy
  • Maintain organized and audit-ready documentation
  • Uphold data integrity across financial records

Financial Reporting & Analysis

  • Assist in preparing internal financial reports and schedules
  • Support variance analysis and identify basic trends or inconsistencies

Compliance & Audit Support

  • Follow accounting policies procedures and internal controls
  • Support internal and external audits by preparing documentation and responding to requests
  • Maintain organized records in compliance with US GAAP/IFRS standards

Cross-Functional Collaboration

  • Partner with AP AR payroll and other teams to ensure accurate financial data
  • Communicate effectively with internal stakeholders and external vendors

Process Improvement

  • Identify opportunities to improve efficiency and accuracy in daily accounting tasks
  • Support automation and process enhancement initiatives

Ad Hoc Support

  • Assist the accounting team with additional month-end tasks projects and operational needs as required

Basic qualifications and experience:

  • Bachelors degree in Accounting Finance or a related field
  • 02 years of accounting experience (internship or co-op experience considered)
  • Strong Excel skills (e.g. VLOOKUPs Pivot Tables basic formulas)
  • High attention to detail and strong organizational skills
  • Strong sense of accountability and willingness to learn
  • Good communication and collaboration skills

Preferred qualifications and experience:

  • Enrollment in or intention to pursue a CPA designation
  • Experience with ERP systems (e.g. NetSuite SAP or similar)
  • Exposure to month-end close and account reconciliations
  • Basic understanding of US GAAP or IFRS
  • Experience working with multi-currency transactions is an asset

This is for an existing position. Your base salary will be determined based on your location experience and internal benchmarks. The base salary range is $70000 $90000 CAD plus eligibility for equity and benefits.

Our values are important. They are fundamental and lay the foundation for culture at Xanadu. Learn more about our values here.

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 .

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.


Required Experience:

Manager


Employment Type : Full-Time
Department / Functional Area: Finance
Experience: years
Vacancy: 1
Monthly Salary Salary: 70000 - 90000

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Junior Accountant • Toronto, Ontario, Canada

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