Sr. Accountant, Supply Chain & Infrastructure

Groq • Worth, IL

5d • $115,900 - $156,700 • Hybrid

About The Position

Groq is seeking a Senior Accountant to own accounting for high-value hardware purchases, from procurement through capitalization and ongoing fixed asset lifecycle management. The role supports the infrastructure powering Groq’s AI inference platform and works across Accounting, Procurement, and Data Center Operations to ensure accurate cost capture, ownership documentation, and fixed asset records.

The position is based in the Dallas, San Francisco, or New York City area. The employee may work remotely while Groq establishes a local office, with the expectation of transitioning to onsite work once the office opens.

The role covers hardware purchasing and receiving, landed cost validation, fixed asset and inventory accounting, month-end close, reconciliations, flux analysis, audit support, and compliance with US GAAP and company policy. It also drives process and NetSuite automation improvements and serves as the accounting liaison to Procurement and Data Center Operations. Success includes maintaining clean, audit-ready records, resolving cost issues promptly, and improving controls as the hardware fleet scales.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• At least 4 years of progressive accounting experience, including month-end close, account reconciliations, and flux analysis.
• Meaningful exposure to fixed asset and/or inventory accounting.
• Strong understanding of shipping and logistics documentation, including bills of lading, customs forms, and Incoterms, and their accounting implications.
• Solid working knowledge of US GAAP, particularly for fixed assets and inventory.
• Excellent cross-functional communication skills and experience partnering with Procurement, Operations, or Supply Chain teams.
• Strong Excel skills and comfort working with large datasets and reconciliations.

Nice To Haves

• CPA or CPA candidate.
• Experience in a data center, semiconductor, cloud infrastructure, or hardware-intensive environment.
• Hands-on experience with NetSuite, specifically the Fixed Asset Management (FAM) and Inventory modules.
• Experience supporting physical inventory counts across multiple sites.
• Exposure to ASC 360 and general inventory costing methodologies.

Responsibilities

• Partner with Procurement on direct hardware purchase orders and review PO terms for accounting accuracy.
• Confirm shipping documentation and transfer of ownership or title before recording assets; track in-transit inventory and ensure timely recognition of received goods.
• Validate landed costs, including freight, duties, and insurance, and bills of materials against vendor invoices and purchase orders; investigate and resolve variances.
• Maintain the fixed asset register by capitalizing new assets, setting useful lives, running depreciation, and processing transfers and disposals.
• Determine whether hardware purchases should be capitalized or expensed in accordance with company policy.
• Tag, categorize, and track assets by location in NetSuite FAM; maintain the fixed asset roll-forward and tie it to the general ledger.
• Maintain inventory records in NetSuite Inventory and partner with Data Center Operations on cycle counts and physical inventory, reconciling results to FAM and the general ledger.
• Monitor excess, obsolete, or slow-moving inventory and recommend reserve adjustments.
• Own month-end close for fixed assets, inventory, and related accruals, including journal entries, accruals, and reclasses.
• Prepare and review balance sheet reconciliations for fixed assets, inventory, and accrued receipts.
• Perform flux analysis on fixed asset and inventory balances and related P&L accounts, explaining month-over-month and budget variances.
• Support internal and external audit requests for fixed assets and inventory, including schedules, roll-forwards, and supporting documentation.
• Ensure accounting treatment aligns with US GAAP, including ASC 360, and internal policy.
• Identify and drive process and NetSuite automation improvements across procurement-to-pay, fixed asset, and inventory workflows.
• Serve as the accounting liaison to Procurement and Data Center Operations for hardware purchasing, receiving, and asset tracking.
• Maintain clean, audit-ready fixed asset and inventory records with minimal reconciling items; support prompt landed cost and BOM validation, proactive issue escalation, and continuous improvement of inventory and asset-tracking controls.

Benefits

• Quarterly bonus as an interim alternative to equity, with plans to introduce long-term incentive program participation in the near future.
• Robust suite of benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior