Felix Xu
Clarksville,MD
Summary
Seasoned accounting leader with over 12 years of experience across public-company
reporting, operational accounting, controllership functions, and complex technical
accounting. Proven track record supporting IPO readiness, improving the month-end close,
building scalable accounting operations, implementing controls and processes, and
partnering with FP&A, treasury, and operations. Recognized for strong leadership, ability to
operationalized complex transactions, and readiness to step into a Controller role.
Overview
13
13
years of professional experience
Work History
Director of Accounting and Finance
Venture Global LNG
03.2024 - Current
- Supported the Controller and CFO in building a scalable finance infrastructure for a public, high-growth LNG company, spanning accounting operations, forecasting support, internal reporting, and policy governance.
- Played a central role in the Company’s first Form 10-K and IPO readiness, leading financial statement preparation, MD&A drafting, and coordination across FP&A, operations, treasury, legal, and corporate development.
- Partnered with FP&A and strategy teams to model pro forma impacts, scenario analyses, and financial drivers used in capital raising, long-range planning, and valuation discussions.
- Translated complex technical accounting matters (M&A, restructurings, equity and debt structures, derivatives) into decision-useful insights for senior leadership, influencing deal structuring and risk management outcomes.
- Helped design and modernize financial processes to support scale—standardizing accounting policies, improving internal reporting packages, and increasing cross-functional visibility into financial results.
- Collaborated with operations leadership to understand project economics, cost drivers, and performance metrics, ensuring accurate capitalization, revenue considerations, and forecasting inputs.
- Contributed to integrating newly formed LNG operations (~$1B) into the broader finance organization, including reporting structure, close cadence, and internal control processes.
- Developed and mentored a team of finance professionals, fostering analytical thinking, business partnering skills, and readiness for public-company reporting demands.
- Supported successful capital raises exceeding $25 billion by preparing financial materials, refining key assumptions, and aligning accounting and finance teams around investor expectations and transaction requirements.
Senior Manager | National Quality Organization | Accounting & SEC Capital Markets
PwC
06.2023 - 03.2024
- Serves as a member of the PwC National Group. Consistent strong performance and ambition over the course of PwC career (evidenced by tier 1 ratings for nearly all years at PwC)
- Responsible for reviewing 10-Q and 10-K filings for a diverse portfolio of 15-20 PwC high-profile SEC registrant clients, ensuring adherence to SEC financial reporting requirements, as well as the latest SEC regulations on other parts of the form.
- Responsible for reviewing registrant forms (S-1, S-3, 144A) for a diverse portfolio of PwC high-profile SEC registrant clients as well as other assurance or advisory clients.
- Responsible for assisting PwC's high-profile clients in resolving SEC comment letters on various forms.
- Participated in monitoring developments of new SEC rules and regulations as well as contributing in the creation of informative publications, interpreting recent SEC rule changes.
- Co-led the SEC comment letter trend publications on the PwC viewpoint.
- Led and participated in presenting the latest SEC comment letters and updates on rulemaking developments at CPE-qualified events.
Senior Manager
PwC
07.2022 - 05.2023
- Served in an advisory role where I assisted client teams in the review of S-1 documents, facilitating streamlined access to capital markets through compliance with regulatory requirements.
- Assisted in technical accounting matters of merger & acquisition, deal structuring, and other complex accounting applications.
- Collaborated closely with client teams to streamline external reporting processes, resulting in improved accuracy and efficiency in financial disclosures.
- Partnered with client groups to conduct detailed evaluations of 10-Q and 10-K filings, pinpointing possible compliance gaps, and recommending appropriate modifications to align with SEC requirements.
- Assisted with the form-10 process and directed large-scale audit engagement during public entity spin-off, facilitating SOX compliance and a smooth transition to an independent company, while coordinating with cross-functional teams and addressing SEC comments effectively.
- Actively monitored the market to identify business development opportunities, successfully sourcing and assisting in the development of business proposals that generated an annual revenue of over $1M.
Manager
PwC
07.2020 - 06.2022
- Managed projects with budgets ranging from $300,000 to $10 million, consistently applying latest technologies (RPA, data analytics) and human resources to drive efficiency and increase profit margin.
- Has deep expertise in designing and executing areas of GAAP including commodity derivatives (ASC 815), revenue recognition (606), investments (ASC 321 and ASC 323), business combination/asset acquisition accounting (ASC 805), asset retirement obligations (ASC 410), and accounting for complex equity transactions (ASC 810 and HLBV accounting).
- Proven track record in guiding management teams through complex deal-making processes, collaborating with valuation experts and legal representatives to secure timely and accurate financial presentations for key executive stakeholders.
- Successfully supervised, mentored and developed nearly 50 staff members as a team leader, resulting in multiple early promotions among associates and senior associates, and consistently strong upward feedback.
Associate - Senior Associate
PwC
08.2014 - 06.2020
- Conducted audit testing in areas such as cash, revenue, derivatives, PP&E, inventories, and debt, facilitating accurate financial reporting.
- Executed control testing of relevant processes, aiding in regulatory compliance and streamlined financial operations.
- Managed financial statement tie-outs to ascertain data consistency and precise reporting.
In-Charge Auditor
SB & Company
06.2013 - 08.2014
- Experienced with (A-133) audits and compliance audits of regulatory institution.
- Team lead, directed and educated junior team members on auditing techniques.
Education
Master of Science - Accounting And Finance
Towson University
Baltimore, MD06-2013
Skills
- IPO readiness
- Financial reporting
- Merger and acquisition
- Capital management
- Internal controls
- Revenue recognition
- Budgeting expertise
- Profitability analysis
- IFRS expertise
- Financial forecasting
Timeline
Director of Accounting and Finance
Venture Global LNG
03.2024 - Current
Senior Manager | National Quality Organization | Accounting & SEC Capital Markets
PwC
06.2023 - 03.2024
Senior Manager
PwC
07.2022 - 05.2023
Manager
PwC
07.2020 - 06.2022
Associate - Senior Associate
PwC
08.2014 - 06.2020
In-Charge Auditor
SB & Company
06.2013 - 08.2014
Master of Science - Accounting And Finance
Towson University