Senior Manager, Operations Technical Accounting

Posted:
9/13/2024, 7:05:11 AM

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

Experience Level(s):
Senior

Field(s):
Operations & Logistics

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.

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.

Hybrid Workplace

Successful candidates will be expected to attend onboarding training at our NJ Headquarters within their first several weeks 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, or Philadelphia 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.

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