Senior Accountant - A/P + Fixed Assets

xAI • Memphis, TN

117d • $100,000 - $140,000

About The Position

We are seeking an experienced and detail-oriented Senior Accountant with a minimum of 5 years of accounting experience, specializing in Accounts Payable (A/P) and Fixed Assets management. The ideal candidate will have a strong background in managing full-cycle A/P processes, fixed asset accounting, and ensuring compliance with GAAP standards. This role will play a critical part in xAI’s efforts to build and scale large data centers working closely with the finance and engineering teams to provide timely and accurate information.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 5 years of progressive accounting experience, with a strong focus on Accounts Payable and Fixed Assets.
• In-depth knowledge of GAAP principles and accounting best practices.
• Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite, or QuickBooks) and advanced Excel skills.
• Strong analytical and problem-solving skills with a keen attention to detail.
• Excellent organizational and time-management skills, with the ability to prioritize and meet deadlines.
• Effective communication skills to collaborate with vendors, team members, and cross-functional departments.

Nice To Haves

• Experience with process improvements and automation in A/P and fixed assets workflows.
• CPA or CMA certification is preferred but not required.

Responsibilities

• Manage full-cycle A/P processes, including invoice processing, vendor payments, and reconciliation of vendor statements.
• Review and verify invoices for accuracy, proper coding, and adherence to company policies.
• Ensure timely and accurate payment processing, including ACH, wire transfers, and checks.
• Maintain vendor relationships, resolve discrepancies, and respond to inquiries promptly.
• Streamline A/P workflows and implement process improvements to enhance efficiency.
• Oversee the fixed assets accounting process, including acquisition, capitalization, depreciation, and disposal of assets.
• Maintain accurate fixed asset registers and ensure proper documentation and tracking.
• Oversee commissioning and decommissioning of assets.
• Perform monthly reconciliations of fixed asset accounts to the general ledger.
• Calculate and record depreciation expense in accordance with company policies and GAAP.
• Conduct periodic physical inventories of fixed assets and coordinate with other departments to ensure compliance.
• Assist with capital expenditure tracking and reporting for budgeting and forecasting purposes.
• Assist in month-end and year-end close processes, including preparing journal entries, account reconciliations, and financial reports.
• Ensure compliance with internal controls, policies, and procedures.
• Support external audits by providing documentation and explanations related to A/P and fixed assets.
• Collaborate with the accounting team to prepare financial statements and ad-hoc reports as needed.
• Identify opportunities to automate and improve accounting processes using ERP systems or other tools.

Benefits

• Equity
• Comprehensive medical coverage
• Vision coverage
• Dental coverage
• Access to a 401(k) retirement plan
• Short & long-term disability insurance
• Life insurance
• Various other discounts and perks

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 11-50 employees