AP Staff Accountant at Xanadu

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

03 May, 26

Salary

80000.0

Posted On

02 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Attention To Detail, Invoice Processing, Data Entry, Payment Execution, Reconciliation, Vendor Management, Month-End Support, Professional Communication, ERP Exposure, Tech-Stack Familiarity, Expense Management, Multi-Currency Handling, Audit Preparation, High-Volume Data Entry, 3-Way Matching

Industry

Computer Hardware Manufacturing

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: We are seeking a detail-oriented and analytical AP Accountant to join our Finance team. Reporting to our Controller, you will be responsible for verifying and processing invoices, ensuring all charges accurately reflect goods received through three-way matching. You will maintain the integrity of our financial records by performing regular ledger reconciliations and managing the timely distribution of funds. Applicants for this opportunity must possess strong interpersonal skills coupled with attention to detail and the initiative to work independently. We are looking for a talented and outgoing individual to join our team where you will have a chance to innovate, grow, build and maintain relationships at varying levels. What You'll Do Invoice Processing: Receiving, reviewing, and verifying vendor invoices for accuracy and proper authorization. Data Entry: Coding and entering invoices into the accounting system (e.g., matching with Purchase Orders/receiving documents). Payment Execution: Scheduling and executing payments via check, ACH, or electronic transfer. Reconciliation: Reconciling vendor statements, investigating discrepancies, and resolving outstanding balances. Vendor Management: Acting as the primary contact for vendor inquiries regarding payments. Month-End Support: Assisting with closing the accounts payable ledger and preparing accrual reports. Basic qualifications and experience: Post-Secondary Degree: A Bachelor’s degree in Accounting, Finance, or a related field. Vendor Communication: Professional written and verbal skills to resolve payment inquiries with external partners and internal stakeholders. Detail Orientation: A "detective" mindset to spot duplicate invoices, incorrect tax amounts, or suspicious billing patterns. Balance: A collaborative work style to engage with the organization and vendors balanced with the requirement to adhere to policies and procedures. Preferred qualifications and experience: CPA Candidate: Currently enrolled or planning to enroll in the CPA Professional Education Program (PEP). ERP Exposure: Prior experience with NetSuite. Tech-Stack Familiarity: Experience with AP automation or procure to pay software solutions. Expense Management Experience: Familiarity with expense management platforms like Concur, Ramp, or Float for employee reimbursements. Multi-Currency Handling: Experience dealing with USD/CAD conversions and foreign currency invoices. Audit Prep: Experience pulling "samples" or supporting documentation for internal or external audit requests. High-Volume Data Entry: Proven ability to process a high volume of invoices with near-perfect accuracy. 3-Way Matching: Understanding the link between Purchase Orders (PO), Goods Receipts (GR), and Invoices to prevent overpayment. This is for a new position. Your base salary will be determined based on your location, experience, and internal benchmarks. The base salary range is 65,000 - 80,000 CAD. You will also be eligible 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 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.

Responsibilities

The AP Staff Accountant will verify and process invoices, ensuring accuracy through three-way matching. They will also maintain financial records by performing ledger reconciliations and managing fund distributions.