Senior Accountant (Consolidation and Intercompany)

Posted:
9/19/2024, 5:35:05 AM

Location(s):
New Jersey, United States ⋅ New York, New York, United States ⋅ New York, United States ⋅ California, United States ⋅ Sunnyvale, California, United States ⋅ Seattle, Washington, United States ⋅ Washington, United States

Experience Level(s):
Senior

Field(s):
Accounting

Workplace Type:
Hybrid

CoreWeave is a specialized cloud provider, delivering a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure. CoreWeave builds cloud solutions for compute intensive use cases — VFX and rendering, machine learning and AI, batch processing, and Pixel Streaming — that are up to 35 times faster and 80% less expensive than the large, generalized public clouds. Learn more at www.coreweave.com.

The Consolidation and Intercompany Accountant is responsible for managing and executing the consolidation of financial statements across multiple entities and ensuring the accuracy of intercompany transactions and reconciliations. This role is critical in ensuring that all consolidated financial data is accurate, complies with accounting standards (e.g., IFRS, GAAP), and is reported in a timely manner. The ideal candidate will have experience with multi-entity consolidations, multi-currency intercompany accounting, and strong attention to detail.

Your Role:

  •   Record and reconcile all intercompany transactions, including billings, loans, and settlements by legal entity
  •   Ensure timely and accurate intercompany reconciliations, working with counterparts in different entities to resolve any discrepancies.
  •   Implement processes to streamline intercompany settlements and improve accuracy of intercompany transactions.
  •   Prepare intercompany journal entries, accruals, and eliminations, ensure all intercompany PL and BS are reconciled, eliminations and adjustments are accurately reflected in the consolidated financial statements.
  •   Prepare debt covenant reports related intercompany for required debt compliance subsidiaries
  •   Analyze and account for foreign currency transactions and perform necessary revaluation or translation adjustments for consolidated financials
  •   Perform FX variance analysis for FX gain loss:  unrealized vs realized, and Cumulative Translation Adjustment
  •   Prepare and manage the consolidation of financial results for multiple entities in accordance with GAAP or IFRS.
  •   Assist in the development of policies and procedures to enhance controls and efficiencies in consolidation and intercompany processes.
  •   Support automation initiatives related to consolidation and intercompany accounting tasks, including optimizing the use of ERP systems
  •   Work with internal and external auditors to provide support for audit and review processes

Your Experience and Skills:

  • Excellent understanding of intercompany transactions and elimination processes
  • Minimum 5 years of experience in accounting, with a focus on consolidation and intercompany transactions with foreign currency for multiple entities.
  • Solid communication skills and ability to collaborate with teams across multiple regions and time zones
  • Strong knowledge of financial reporting requirements for foreign subsidiaries
  • CPA preferred
  • NetSuite Experience a plus

Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $85,000-$110,000. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

Hybrid Workplace

Successful candidates will be expected to attend onboarding training at our NJ Headquarters for up to 2 weeks within their first month of employment, with subsequent quarterly travel requirements of 1 week duration.

If you reside within a 30-mile radius of our New Jersey, New York, Philadelphia, Sunnyvale or Bellevue offices, we're excited for you to join us at the office at least three times a week, recognizing the significance we place on fostering connections, collaboration, and creativity within our office culture. Our commitment to operating as a hybrid workplace underscores our dedication to enabling our employees to tailor their work-life balance to their individual preferences

Why CoreWeave?

At CoreWeave, we work hard, have fun, and move fast!  We’re in an exciting stage of hyper-growth that you will not want to miss out on. We’re not afraid of a little chaos, and we’re constantly learning. Our team cares deeply about how we build our product and how we work together, which is represented through our core values: 

  • Be Curious at your Core
  • Act like an Owner
  • Empower Employees
  • Deliver Best In-Class Client Experience 
  • Achieve More Together

We support and encourage an entrepreneurial outlook and independent thinking. We foster an environment that encourages collaboration and provides the opportunity to develop innovative solutions to complex problems. As we get set for take off, the growth opportunities within the organization are constantly expanding. You will be surrounded by some of the best talent in the industry, who will want to learn from you, too. Come join us! 

Benefits

We offer a competitive salary and benefits, including:

  • Medical, dental and vision insurance - 100% paid for the employee
  • Company paid Life Insurance 
  • Voluntary supplemental life insurance 
  • Short and long-term disability insurance 
  • Flexible Spending Account
  • Tuition Reimbursement 
  • Mental Wellness Benefits through Spring Health 
  • Family-Forming support provided by Carrot
  • Paid Parental Leave 
  • Flexible, full-service childcare support with Kinside
  • 401(k) with a generous employer match
  • Flexible PTO
  • Catered lunch each day in our offices
  • A casual work environment
  • Work culture focused on innovative disruption

California Consumer Privacy Act - California applicants only

CoreWeave is an equal opportunity employer, committed to fostering an inclusive and supportive workplace. All qualified applicants and candidates will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.

As part of this commitment and consistent with the Americans with Disabilities Act (ADA), CoreWeave will ensure that qualified applicants and candidates with disabilities are provided reasonable accommodations for the hiring process, unless such accommodation would cause an undue hardship. If reasonable accommodation is needed, please contact: [email protected]

 

CoreWeave

Website: https://coreweave.com/

Headquarter Location: Roseland, New Jersey, United States

Employee Count: 251-500

Year Founded: 2017

Last Funding Type: Secondary Market

Industries: Cloud Computing ⋅ Cloud Infrastructure ⋅ Information Technology ⋅ Machine Learning