Operations Accounting Manager-Leases & Fixed Assets
Operations Accounting Manager-Leases & Fixed Assets
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$ 115000 - 176000
1 Vacancy
Job Description
CoreWeave is the AI Hyperscaler delivering a cloud platform of cutting edge services powering the next wave of AI. Our technology provides enterprises and leading AI labs with the most performant efficient and resilient solutions for accelerated computing. Since 2017 CoreWeave has operated a growing footprint of data centers covering every region of the US and across Europe. CoreWeave was ranked as one of the TIME100 most influential companies of 2024.
As the leader in the industry we thrive in an environment where adaptability and resilience are key. Our culture offers career-defining opportunities for those who excel amid change and challenge. If youre someone who thrives in a dynamic environment enjoys solving complex problems and is eager to make a significant impact CoreWeave is the place for you. Join us and be part of a team solving some of the most exciting challenges in the industry.
CoreWeave powers the creation and delivery of the intelligence that drives innovation.
We are seeking an Operations Accounting Manager-Lease & Fixed Assets who will play a critical role supporting the accounting function at CoreWeave Inc. This role will report to the Senior Accounting Manager and will be a part of the team that is critical to the companys financial reporting process.
As an Operations Accounting Manager-Leases & Fixed Assets youll be responsible for supporting the ongoing development management and administration of our global data center lease obligations by abstracting and maintaining accurate lease data in an internal database and producing recurring and ad hoc reports to asset managers negotiators partner teams and leadership. In addition individuals will be responsible for understanding project accounting for the build-out of the global data centers as they become operational.
In this role you will be responsible for all activities post agreement (lease) signaturemanage the ongoing obligations that result out of these third-party agreements and ensure proper capitalization of fixed assets that supply capacity into the overall CoreWeave space/power portfolio. You will work with internal and external cross-functional partners across time zones and geographical borders.
Key Responsibilities
- Review contracts to determine ASC842 lease application and prepare andtrack lease schedules payments and reconciliation.
- Lead and own the monthly financial close process for operating and finance leases.
- Identify contract variations that could impact lease accounting under Financial Accounting Standards Board Accounting Standards Codification 842 Leases (ASC 842).
- Manage accounting components of the lease portfolio such as extensions amendments or terminations.
- Work closely with the Lease Administration team to set up and maintain lease projects.
- Ensure that lease transactions are recorded accurately consistently and within company policy.
- Prepare lease amortization schedules for accuracy and completeness.
- Prepare key period-end lease / CIP reconciliations.
- Prepare lease / CIP accounting journal entries.
- Determine the proper handling and ensure timely resolution of discrepancies/outstanding items on account reconciliations.
- Provide balance sheet account movements to support cash flow reporting.
- Collaborate with key-cross-functional partners including finance legal dataanalytics data center operation inventory management to ensure keystakeholders are informed.
- Identify opportunities to improve efficiency in the current processes and lead enhancements both manual and automation opportunities including identifying existing functionalities not being fully utilized.
- Own the development and maintenance of lease and fixed asset policies as well as evaluation of contracts that may contain leases including consultation with the SEC Reporting/Technical Accounting team on an as-needed basis. Document accounting conclusions for significant contracts evaluated in accounting memos.
- Assist SEC Reporting/Technical Accounting team in preparing quarterly and annual footnote disclosures in Form 10-Q/10-K.
- Interface with internal and external auditors including providing appropriate supporting documents.
- Support ongoing implementation and testing efforts related to new and enhancements made to existing financial systems.
- Maintain documentation for processes to ensure compliance with Sarbanes Oxley 404 requirements and evaluate current processes for improvement. Ensure compliance with the Companys internal controls over financial reporting.
- Ad hoc projects assigned by senior management including analysis of business operations proposed accounting treatment of unusual transactions or other accounting and finance related matters.
- Work closely with Accounts Payables and Supplier teams to facilitate payments including onboarding external stakeholders validating and maintaining rent schedule accuracy completing reconciliations supporting internal and external stakeholder requests driving efficiency and creating process flows.
Wondering if youre a good fitWe believe in investing in our people and value candidates who can bring their own diversified experiences to our teams even if you arent a 100% skill or experience are a few qualities weve found compatible with our team. If some of this describes you wed love to talk.
Why CoreWeave
At CoreWeave we work hard have fun and move fast! Were in an exciting stage of hyper-growth that you will not want to miss out on. Were not afraid of a little chaos and were 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 Experiences
- 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!
Requirements
- Bachelors degree and a minimum of 5 years of accounting Big 4 publicaccounting preferred.
- 3 years of lease accounting fixed asset accounting or manufacturing environment experience preferred.
- CPA or CMA candidate preferred with strong knowledge of U.S. GAAP.
- Strong knowledge of lease accounting applications and ERP systems experience (Oracle NetSuite proficiency a plus).
- Excellent working knowledge of ASC 842 SOX compliance
- Bachelors degree and a minimum of 5 years of accounting Big 4 publicaccounting preferred.
- Must demonstrate attention to detail and the ability to manage multipleprojects simultaneously to achieve results.
- Excellent organizational time and self-management skills & ability toprioritize and work well under pressure to meet deadlines.
- Team player with a positive attitude that embraces challenges and thrives ina fast-paced environment.
- Strong analytical and problem-solving skills
The base pay and target total cash for this position range from $115000 to $153000 and $132000 to $176000 accordingly. Pay is based on a number of factors including market location and may vary depending on job-related knowledge skills and experience. This position includes a discretionary bonus equity and a comprehensive benefits package.
What We Offer
The range weve posted represents the typical compensation range for this role. To determine actual compensation we review the market rate for each candidate which can include a variety of factors. These include qualifications experience interview performance and location.
In addition to a competitive salary we offer a variety of benefits to support your needs including:
- Medical dental and vision insurance - 100% paid for by CoreWeave
- Company-paid Life Insurance
- Voluntary supplemental life insurance
- Short and long-term disability insurance
- Flexible Spending Account
- Health Savings Account
- Tuition Reimbursement
- Ability to Participate in Employee Stock Purchase Program (ESPP)
- 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 office and data center locations
- A casual work environment
- A work culture focused on innovative disruption
Our Workplace
While we prioritize a hybrid work environment remote work may be considered for candidates located more than 30 miles from an office based on role requirements for specialized skill sets. New hires will be invited to attend onboarding at one of our hubs within their first month. Teams also gather quarterly to support collaboration
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: .
Export Control Compliance
This position requires access to export controlled information. To conform to U.S. Government export regulations applicable to that information applicant must either be (A) a U.S. person defined as a (i) U.S. citizen or national (ii) U.S. lawful permanent resident (green card holder) (iii) refugee under 8 U.S.C. 1157 or (iv) asylee under 8 U.S.C. 1158 (B) eligible to access the export controlled information without a required export authorization or (C) eligible and reasonably likely to obtain the required export authorization from the applicable U.S. government agency. CoreWeave may for legitimate business reasons decline to pursue any export licensing process.
Required Experience:
Manager
Employment Type
Full Time
