Senior Accountant

Job Title

QXO, Inc. is the largest publicly traded distributor of roofing, waterproofing, and related products, and the second largest publicly traded distributor of lumber and building materials in North America. QXO is the fastest growing company in the $800 billion building products distribution industry and plans to become the tech-enabled leader by delivering best-in-class customer satisfaction and outsized returns for its shareholders. The company is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth.

Job Description

What you'll do:

• 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

Qualifications

What you'll bring:

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

Location: This position is primarily on-site at Corporate HQ in Englewood, CO.

• Regular in-person attendance is required Monday through Thursday
• Friday is an optional remote workday

Physical Requirements:

• Occasional travel to operating companies by car and/or plane (up to 5%) may be required.
• Prolonged periods of sitting at a desk and working on a computer
• Ability to lift up to 15 pounds occasionally
• Must be able to move between departments within the operating company's facility

Disclaimer

This job description outlines the general nature and level of work performed by employees in this position. It is not an exhaustive list of all duties, responsibilities, and qualifications required. Management reserves the right to modify, add, or remove duties at its discretion.

What you'll earn

• Health Care Benefits
• Paid Time Off

QXO is an Equal Opportunity Employer. We value diversity and do not discriminate on the basis of race, color, religion, gender or sexual orientation, national origin, age, disability, or any other protected status.

To comply with Pay Transparency laws, employers must disclose an annual salary range. Actual offers depend on factors such as location, experience, skills, and market data. This position may also offer variable compensation.

Salary Range: USD $90,000.00 - USD $110,000.00 /Yr.