Xanadu’s mission is to build quantum computers that are useful and available to people everywhere.

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. We are seeking a detail-oriented and analytical Senior Accountant to join our Finance team. Reporting to the Finance Manager, this role is responsible for inventory accounting, lifecycle management of long-term assets, and core accounting operations that support our research and development initiatives.

In this role, you will combine solid technical accounting expertise with a focus on operational excellence, ensuring that revenue, inventory, and capital investments are accurately recorded, tracked, and depreciated. Inventory & Materials Accounting

Lead end-to-end accounting for inventory and materials, including capitalization, usage tracking, and valuation in accordance with US GAAP.

Fixed Asset Accounting

Manage the full lifecycle of fixed assets, including capitalization of construction-in-progress (CIP), depreciation, disposals, and impairment analysis.

Asset Integration & Cross-Functional Collaboration

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.

Audit & Compliance

Act as the primary liaison for external auditors on inventory, fixed assets, and revenue/grant-related matters. Revenue & Grant Accounting

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.

Core Accounting & Analysis





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., Gather and compile technical and financial documentation to support funding claims and reporting requirements.

CAPEX Planning & Analysis

budget) to support cash flow management and investment decisions.

Oversee invoice processing and coding for capital projects. Maintain effective accounts payable workflows for major vendors and contractors.

Process Improvement

Identify and implement process improvements and automation initiatives to enhance accuracy, efficiency, and scalability.

Ad Hoc Projects

Support the Finance Manager on additional accounting initiatives, process enhancements, and cross-functional projects as required.

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
- 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

Knowledge of Python and/or SQL is an asset

The base salary range is 95,000 - 120,000 CAD. You will also be eligible for equity and benefits.

They are fundamental and lay the foundation for culture 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. Please be advised that we may use artificial intelligence (AI) tools to assist in the screening and assessment of applicants for this position. If you would like more information about how your data is processed, please contact us.

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📌 Senior Accounting Supervisor (Toronto)
🏢 Xanadu
📍 Toronto