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Senior Accountant, Fixed Asset & Capital Project Management

PsiQuantum

PsiQuantum

Administration, Accounting & Finance
Palo Alto, CA, USA
Posted on Monday, June 3, 2024

We believe quantum computing will change everything. It will have the power to transform the foundations of giant industries that rely on intensive computation. PsiQuantum is on a mission to build the world’s first useful quantum computer, capable of delivering these transformative results. We know that means it will need 1 million qubits, error correction, a scalable architecture and a data center footprint.

By harnessing the laws of quantum physics, quantum computers can provide exponential performance increases over today’s most powerful supercomputers, offering the potential for extraordinary advances across a broad range of industries including climate, energy, healthcare, pharmaceuticals, finance, agriculture, transportation, materials design, and many more.

PsiQuantum is uniquely positioned to deliver on the promise of quantum computing years earlier than our competitors. Our architecture is based on photonics which gives us the ability to produce our components using existing high-volume semiconductor manufacturing processes, the same processes that are today producing billions of chips for telecom and consumer electronics applications. Since photons don’t feel heat, we can take advantage of existing cryogenic cooling systems, the kind that have been operating at facilities like the Stanford Linear Accelerator (SLAC). And because photons are in fact light, they can move between subsystems at tremendous speed using standard fiber connectivity.

Our team is building a utility scale quantum computer and the software tools needed to build fault tolerant quantum applications. We’re a highly motivated and collaborative group focused on a singular goal - building the world’s first useful quantum computer on the fastest path possible.

There’s much more work to be done and we are looking for exceptional talent to join us on this extraordinary journey!

Job Summary:

The Senior Accountant, Fixed Asset & Capital Project Management, plays a crucial role in managing and accounting for the fixed assets and capital project costs of the organization. They are responsible for accurately recording, tracking, and reporting on fixed assets and capital project expenditures to ensure compliance with accounting standards and support strategic decision-making.

Responsibilities:

  • Fixed Asset Management
    • Maintain a comprehensive register of fixed assets, including acquisition details, depreciation, disposals, and impairments using NetSuite Fixed Asset Module.
    • Help implement an asset tagging and tracking process.
    • Perform periodic physical inventories of fixed assets and reconcile them with the accounting records.
    • Monitor the useful life of assets and assess impairment when necessary.
  • Capital Project Accounting
    • Assist in the capitalization of capital project costs in accordance with relevant accounting standards.
    • Collaborate with project managers to develop and monitor project budgets, ensuring alignment with organizational goals and financial objectives.
    • Track and analyze project costs, including labor, materials, and overhead, against budgeted amounts.
    • Prepare and review project financial reports, providing insights into cost variances and recommending corrective actions as needed.
  • Financial Reporting
    • Prepare fixed asset and project-related schedules and disclosures for internal and external reporting purposes.
    • Support the annual audit process by providing documentation and explanations related to fixed assets and capital project expenditures.
    • Ensure compliance with regulatory requirements and accounting standards governing fixed asset accounting and project cost capitalization.

Experience/Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field.
  • 5 years of progressive experience in fixed asset and capital project accounting.
  • Strong analytical skills with attention to detail and accuracy.
  • Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
  • Knowledge of tax regulations related to fixed assets is a plus, but not required.

PsiQuantum provides equal employment opportunity for all applicants and employees. PsiQuantum does not unlawfully discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, national origin, ancestry, citizenship, age, physical or mental disability, military or veteran status, marital status, domestic partner status, sexual orientation, genetic information, or any other basis protected by applicable laws.

We are not accepting unsolicited resumes from employment agencies.

The range below reflects the minimum and maximum target range for new hire base salary across all US locations. Actual compensation may vary outside of this range and is dependent on various factors including but not limited to a candidate's qualifications including relevant education and training, competencies, experience, geographic location, and business needs. Base pay is only one part of the total compensation package. Full time roles are eligible for equity and benefits. Base pay is subject to change and may be modified in the future.

For a fully qualified candidate, the expected pay range is:

Pay Range
$125,000$156,000 USD