Senior Accountant

QXO•Englewood, CO

4h•Hybrid

About The Position

The Senior Accountant for QXO will be responsible for the financial reporting function of multiple operating companies (“OpCos”). This position will report to the Accounting Manager. This is a great opportunity for an experienced candidate to work for a rapidly growing company in a role with high visibility to both operations as well as key accounting functions. QXO is the fastest growing publicly traded distributor of building products in North America. The company is executing its strategy to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for its shareholders. QXO expects to achieve its target of $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth.

Requirements

Bachelor’s degree in accounting or a related field required
3–7 years of accounting experience in a corporate environment required
Deep and analytical understanding of accounting theory and GAAP, with the ability to perform research
Proven ability to meet strict deadlines and independently learn and manage multiple priorities
Demonstrated ability to learn new financial/accounting systems
Professionally polished written and verbal communication skills, with strong interpersonal abilities
Passion for designing and leading process improvements
Strengths in flexibility and adaptability to changes in processes and responsibilities

Nice To Haves

Relevant industry experience preferred (building supply, retail, manufacturing)

Responsibilities

Timely and accurately execute all required monthly, quarterly and year-end close processes within a six day close cycle for assigned OpCos
Detail preparation of P&L fluctuation (“Flux”) analysis, ensuring compliance with GAAP and internal accounting policies. Identify and correct misstatements through preparation and review process.
Manage weekly subledger to GL balancing and monthly control account reconciliations. Independently research reconciliation variances and collaborate with OpCo and Enterprise Applications (EA) teams to resolve issues, improve processes, and meticulously maintain clean subledgers.
Prepare and review journal entries of varying complexity (OpCo requests, intercompany, accruals, corrections, etc.) with organized and robust documentation.
Oversee intercompany accounting, through ensuring proper revenue/margin elimination as well as accurate recording and monthly reconciliation of all other intercompany balances and activity.
Manage CoA, opening/closing of accounting periods, and provide ad-hoc financial reporting, as needed.
Critically analyze and communicate financial results and key accounting activity to OpCos and accounting leadership.
Assist in the annual financial audit process, providing necessary support to the technical accounting team and participating in year-end physical inventory counts, as needed.
Work independently and cross-functionally with OpCos, other accounting teams and other departments to improve process efficiencies and financial reporting accuracy.
Serve as a trusted partner to OpCo leadership, assisting with process improvements/clean-up, compliance with GAAP and internal accounting policy, budget support, issue resolution and occasional on-site visits.
Demonstrate leadership and commitment towards groupwide initiatives such as team troubleshooting guides, process documentation, and other ad-hoc projects that help improve financial reporting efficiency and accuracy