Controller (Hybrid)

Xanadu; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

Xanadu is seeking a detail-oriented Controller to manage financial operations and ensure compliance with standards. The ideal candidate will have significant experience in finance and a commitment to ethical practices. This role involves overseeing all financial transactions, budgeting, and internal controls, providing an opportunity to impact the company's financial health.

Benefits

Inclusive and equitable workplace

Commitment to employee accommodations

Qualifications

• 5+ years in finance/accounting, including 1 year as Controller.
• Strong knowledge of GAAP and IFRS.
• Proficient in accounting software, especially NetSuite.

Responsibilities

• Manage day-to-day financial activities including transactions and bookings.
• Lead annual audits and ensure compliance with regulations.
• Support budgeting and financial forecasting for strategic decision-making.

Skills

Excellent verbal and written communication skills

Attention to detail

Advanced Microsoft Excel skills

Education

5+ years work experience in finance or accounting

Public accounting background

Hands-on experience in a flexible environment

Tools

QuickBooks

NetSuite

Job description

About Xanadu:

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!

Your role and responsibilities:

Reporting to the VP Finance, this position requires a real self-starter who thrives on collaboration excellence and initiative. You must display a strong sense of ownership and agility, be highly organized, effectively prioritizing and managing multiple projects, and display persistence in navigating through obstacles to deliver results. You also have a high level of integrity and professionalism, with a strong understanding of ethical standards in accounting and finance.

Financial Operations:

• Own all day-to-day financial activities, including transactions, bookkeeping, A/R + A/P and accounting processes.
• Ensure accurate and timely recording of all financial transactions.
• Manage month-end closing, including journal entries, reconciliations, cost allocations, FX translation from home currency to reporting currency , financial statement generation and investor reporting
• Ensure that Finance’s accounting policies are compliant with relevant standards.

Budgeting and Forecasting:

• Support with the development and monitoring of the company’s annual budget.
• Undertake the necessary inquiries and document drivers for budget-vs-actual variances.
• Provide financial forecasts and analyze trends to support strategic decision-making.

Compliance and Regulatory Adherence:

• Lead the annual audit.
• Ensure compliance with all local, provincial, and federal regulations, including tax laws and other regulatory standards.
• Oversee preparation and filing of tax returns and ensure timely compliance.

Internal Controls and Process Improvement:

• Design, implement, and monitor internal controls to safeguard company assets and ensure accuracy in financial reporting.
• Recommend process improvements to enhance efficiency and accuracy in financial operations.

Cash Flow and Liquidity Management:

• Monitor and manage the company’s cash flow and create strategies for FX and treasury management.

Basic qualifications and experience:

• 5+ years work experience with a background in public accounting and/or a finance or accounting department, with at least 1 year in a similar “Controller” level role at a small-mid size organization.
• Strong knowledge of accounting principles and financial regulations (e.g., GAAP, IFRS).
• Excellent verbal and written communication skills, with the ability to present complex financial information to non-financial stakeholders and collaborate effectively with cross-functional teams.
• An eye for detail - ‘cause that’s what accountants need to be good at!
• Advanced Microsoft Excel skills, including pivot tables, financial modeling, and data analysis.
• Proficient in accounting software (e.g., QuickBooks, NetSuite, or similar systems).
• Versatile (and keen) - able to jump into whatever needs to be done

Preferred qualifications and experience:

• Hands-on experience in a flexible, agile (i.e., start-up) environment
• Proficient in accounting software (NetSuite, or similar systems).
• Many cycles and hands-on experience with month-end closes
• Experience in successfully leading and/or assisting in the implementation of accounting or finance related software packages (e.g., ERP, Automated AP, Procurement platforms, etc.)

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

At Xanadu, 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 [e-mail] .

Note: Xanadu will never ask you for bank account information as part of the interview process. Please report any suspicious activity to [e-mail] .

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