Explore opportunities with our portfolio companies

Elemental Excelerator
Elemental Excelerator
133
companies
666
Jobs

Accounting Manager

Xos Trucks

Xos Trucks

Accounting & Finance, Sales & Business Development
Los Angeles, CA, USA
Posted on Wednesday, May 1, 2024

Xos (NASDAQ: XOS) is an innovative electric vehicle (EV) company on a mission to decarbonize commercial transportation. Our zero-emission commercial vehicles and next-generation technologies empower fleets of Fortune 500 companies and positively impact our environment.

At Xos, we design and manufacture EVs, create first-class battery systems, develop vehicle software, and entice fleet owners into an electrified future with groundbreaking service.

Xos is a people-focused company—and a great place to work! Perks include 100% covered employee health benefits, Betterment 401k, job training, and growth opportunities, to name a few.

We are a team of passionate doers that have banded together to achieve a worthy mission. We’re go-getters, change-makers, and future-creators. Join us and be part of the future of transportation!

The Role

Xos is seeking an Accounting Manager to join the finance team and play a key role in driving our accounting operations forward. As an Accounting Manager, you will be responsible for overseeing daily accounting operations, ensuring compliance with US GAAP, and providing leadership to the accounting staff. This role requires strong analytical skills, attention to detail, and the ability to build strong relationships across departments.

Responsibilities

  • Financial Operations Oversight: Oversee daily accounting operations, including general ledger management, revenue recognition, accounts receivable, fixed assets, accounts reconciliation, and operational cash management.
  • Policy and Procedure Development: Create, review update, and enhance the company’s accounting policies and procedures, ensuring consistent implementation and compliance with US GAAP
  • Internal Controls and SOX Compliance: Ensure integrity of the company’s accounting systems. Including chart of account set-ups, financial report development, SOX processes, and maintenance between systems and general ledger
  • Financial Reporting and Close Process: Own the accounting close process, delivering accurate and timely financial results and providing monthly financial variance analysis to facilitate decision making
  • Audit Management: Manage year-end financial audits and other financial compliance reviews, supporting auditors and preparing necessary documentation analysis
  • Process Improvement: Participate in the improvement of accounting procedures and systems, including automation projects and enhancements to internal controls documentation
  • Team leadership: Provide leadership to the accounting staff, managing, recruiting, and training employees to ensure a high level of performance and collaboration
  • Systems Administration: Administer company systems, internal controls, and financial systems, including NetSuite and other accounting software
  • Financial Statement Preparation: Assist in the preparation of internal and external financial statements, ensuring accuracy and compliance with regulatory requirements
  • Ad Hoc Projects: Work on various ad hoc projects as needed to support the finance team and company objectives

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • CPA License or progress towards CPA certification preferred but not required
  • Strong understanding of US GAAP and accounting principles
  • Previous experience in auditing, preferably with a reputable audit firm
  • Experience in a supervisory or managerial role preferred
  • Excellent communication and interpersonal skills, with the ability to build strong relationships across departments
  • Proficiency with accounting software and ERP systems, NetSuite experience is a plus
  • Ability to manage multiple priorities and meet tight deadlines in a fast paced environment

The salary range for this role is specific to the locations listed below and is the range Xos Inc. reasonably and in good faith expects to pay for this role at the time of this posting. We may ultimately pay more or less that the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors, including not but limited to, job-related knowledge, skillset, relevant education, qualifications, certifications, geographic location, and other business or organizational factors. The total compensation package for this position may also include other elements dependent on the position offered.

  • California (Los Angeles Metropolitan): $125,000 - $140,000 annual base salary

Xos is an Equal Opportunity/Affirmative Action Employer and will consider all qualified applicants for employment without regard to race, color, religion, gender, pregnancy, sex, sexual orientation, gender identity, gender expression, national origin, age, genetic information, protected veteran status, disability, or any other basis protected by local, state, or federal law.