Senior Manager, Operations Technical Accounting
CoreWeave is a specialized cloud provider focused on GPU accelerated use cases including VFX, AI/ML, Batch Processing and Real Time Experiences. We support countless AI/ML services in the text to image, NLP and broader AI/ML space, reducing client’s infrastructure management requirements with our Kubernetes based serverless GPU cloud offerings.
Job Description
CoreWeave is seeking a Senior Manager of Operations Technical Accounting to manage the technical accounting aspects of our data center operations, including lease arrangements and long-term purchase commitments. This may include complex items such as embedded derivative elements or variable interest entity accounting.
The candidate will serve as a subject matter expert in all aspects of technical accounting faced by the Company’s data center operations, which requires proactive partnering with multiple cross-functional teams to determine the appropriate accounting for complex arrangements while also helping to achieve Company objectives. The ideal candidate will have an extensive US GAAP technical accounting background and excellent communication and partnering skills.
Responsibilities:
Operations Accounting
- Ensure the Company accurately accounts for its liabilities and expenses associated with operating its data centers in compliance with all applicable accounting standards (e.g., ASC 842), provides related footnote disclosures (e.g., minimum purchase obligations), and accurately discloses and related non-GAAP measures.
- Manage and update the Company’s policies around accounting operations (e.g., leases accounting, fixed asset lives, etc.).
- Review complex vendor contracts to ensure proper accounting treatment, including partnering with corporate accounting where other accounting matters arise (e.g., VIEs or derivatives embedded in a contract).
- During contract negotiations, provide proactive subject-matter expertise and guidance to the legal, operations, and business development teams, ensuring that accounting principles are upheld while still helping the Company meet its operational objectives (e.g., identify potential issues, and work with cross-functional partners to mitigate these issues)
Requirements:
- A bachelor’s or graduate degree in accounting or an equivalent combination of education and experience – an advanced degree (e.g., MBA or MS) is preferred
- Extensive experience with contract review and interpretation, especially in the context of proper accounting for technical matters
- Extensive knowledge of GAAP, particularly ASC 842
- Previous experience in Cloud or Data Center Infrastructure (data centers, cloud, etc.) is preferred but not required
- Experience working in a publicly traded company with SOX compliance is highly desirable
- 8+ years of experience with a demonstrated passion for conquering challenges and bringing order from chaos
- Strong partnership, communication, organizational, and leadership skills
- CPA strongly preferred
- Ability to multitask and stay organized yet remain flexible in a fast and dynamic work environment
- Data and process-driven with a strong analytical mindset
- Proactive with the ability to anticipate and avoid problems before they arise
- Embrace positivity & tenacity: you find ways to move forward through challenges
- Experience at a large public accounting firm, in combination with industry experience, is a plus
- Ability to work from home with a reliable internet connection and distraction-free environment
What We Offer
Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $160,000 in our lowest geographic market up to $200,000 in our highest geographic market. Pay is based on several factors, including market location, and may vary depending on job-related knowledge, skills, and experience.
CoreWeave is seeking a Senior Manager of Operations Technical Accounting to manage the technical accounting aspects of our data center operations, including lease arrangements and long-term purchase commitments. This may include complex items such as embedded derivative elements or variable interest entity accounting.
The candidate will serve as a subject matter expert in all aspects of technical accounting faced by the Company’s data center operations, which requires proactive partnering with multiple cross-functional teams to determine the appropriate accounting for complex arrangements while also helping to achieve Company objectives. The ideal candidate will have an extensive US GAAP technical accounting background and excellent communication and partnering skills.
Responsibilities:
Operations Accounting
- Ensure the Company accurately accounts for its liabilities and expenses associated with operating its data centers in compliance with all applicable accounting standards (e.g., ASC 842), provides related footnote disclosures (e.g., minimum purchase obligations), and accurately discloses and related non-GAAP measures.
- Manage and update the Company’s policies around accounting operations (e.g., leases accounting, fixed asset lives, etc.).
- Review complex vendor contracts to ensure proper accounting treatment, including partnering with corporate accounting where other accounting matters arise (e.g., VIEs or derivatives embedded in a contract).
- During contract negotiations, provide proactive subject-matter expertise and guidance to the legal, operations, and business development teams, ensuring that accounting principles are upheld while still helping the Company meet its operational objectives (e.g., identify potential issues, and work with cross-functional partners to mitigate these issues)
Requirements:
- A bachelor’s or graduate degree in accounting or an equivalent combination of education and experience – an advanced degree (e.g., MBA or MS) is preferred
- Extensive experience with contract review and interpretation, especially in the context of proper accounting for technical matters
- Extensive knowledge of GAAP, particularly ASC 842
- Previous experience in Cloud or Data Center Infrastructure (data centers, cloud, etc.) is preferred but not required
- Experience working in a publicly traded company with SOX compliance is highly desirable
- 8+ years of experience with a demonstrated passion for conquering challenges and bringing order from chaos
- Strong partnership, communication, organizational, and leadership skills
- CPA strongly preferred
- Ability to multitask and stay organized yet remain flexible in a fast and dynamic work environment
- Data and process-driven with a strong analytical mindset
- Proactive with the ability to anticipate and avoid problems before they arise
- Embrace positivity & tenacity: you find ways to move forward through challenges
- Experience at a large public accounting firm, in combination with industry experience, is a plus
- Ability to work from home with a reliable internet connection and distraction-free environment
What We Offer
Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $160,000 in our lowest geographic market up to $200,000 in our highest geographic market. Pay is based on several factors, including market location, and may vary depending on job-related knowledge, skills, and experience.