Sr. Manager, Joint Venture & VIE
Sunnyvale, CA - USA
Job Summary
Position overview
CoreWeave is building out its next generation of data center infrastructure through a growing portfolio of joint ventures and variable interest entities. As we scale from a single JV to a multi-entity multi-partner portfolio including structures that require ongoing VIE analysis and potential consolidation we are building the accounting function to match. The Senior Manager Joint Venture and VIE Accounting will be the foundational hire for this function owning end-to-end accounting and reporting for CoreWeaves JV and VIE entities leading technical conclusions on consolidation standing up the processes and controls that will underpin the function at scale and directly supervising a team of senior accountants.
This role reports to the Senior Director Lease JV VIE and DC Construction Accounting and sits at the intersection of technical accounting operational execution and cross-functional partnership. It is an opportunity for a highly motivated accounting professional to build something meaningful at one of the most consequential infrastructure companies in the world.
What youll do
Joint venture accounting and reporting
- Own the end-to-end accounting for all JV entities in CoreWeaves portfolio including monthly close financial statement preparation and partner reporting packages
- Manage distributions capital calls and waterfall calculations in accordance with JV operating agreements
- Serve as the primary accounting point of contact for JV partners maintaining clear and professional communication on reporting timelines deliverables and accounting treatments
- Manage intercompany accounting across JV entities including elimination of intercompany transactions reconciliation of intercompany balances and consolidation of JV financial statements into CoreWeaves consolidated reporting
- Coordinate with external auditors on JV-level audits and ensure audit readiness across all entities
VIE analysis and consolidation
- Lead the identification assessment and documentation of variable interest entities under ASC 810 including determining whether CoreWeave is the primary beneficiary and whether consolidation is required
- Perform and maintain ongoing reassessments of VIE conclusions as deal structures evolve capital is contributed or operating agreements are amended and proactively flag events that could trigger reconsideration
- Prepare and maintain robust technical accounting memos supporting VIE and consolidation conclusions written to withstand external audit scrutiny
- Collaborate with Legal and the deal team during deal structuring to model the accounting implications of proposed entity structures before agreements are finalized
- Maintain a VIE inventory and monitoring framework that scales as the number of structured entities grows
Technical accounting and compliance
- Apply ASC 323 to account for equity method investments where CoreWeave is not the primary beneficiary or managing member
- Calculate and record periodic equity pick-ups for non-consolidated JV entities including tracking CoreWeaves proportionate share of earnings and losses basis differences and impairment indicators
- Partner with Legal and the deal team to review JV agreement terms and identify accounting implications prior to close
- Monitor and interpret evolving accounting guidance relevant to JV and structured finance arrangements
Process and controls
- Design document and implement scalable accounting processes and SOX-compliant controls for the JV function
- Build the infrastructure templates checklists close calendars and reporting packages to support a growing portfolio of JV entities
- Identify and drive ERP and systems enhancements to support JV accounting workflows
AI tools and innovation
- Identify and implement AI-powered tools to enhance the efficiency and accuracy of JV and VIE accounting workflows including close automation document review and reporting
- Evaluate emerging AI solutions for technical accounting research contract analysis and variance commentary and bring a point of view on where automation can reduce manual effort without compromising control integrity
- Partner with Finance Technology and the broader accounting team to pilot and scale AI tools that improve the JV functions capacity to support a growing entity portfolio
- Stay current on AI developments relevant to accounting operations and serve as a thought leader within the team on responsible adoption
Team leadership
- Directly manage 12 Senior Accountants and provide coaching review and professional development support
- Partner with FP&A Treasury Tax and Legal as a subject matter expert on JV accounting matters
- Support the Sr. Director of Accounting on special projects deal diligence and executive reporting as needed
What were looking for
Investing in our people is one of our top priorities and we value candidates who can bring their diversified experiences to our teams. Here are some qualities weve found compatible with our team. Wed love to talk about whether this aligns with your experience and what youre excited to work on next.
- 7 years of progressive accounting experience with demonstrated depth in joint venture partnership or structured finance accounting
- A foundation in public accounting Big 4 or equivalent combined with meaningful industry experience building or operating an accounting function not just executing a playbook
- Deep technical proficiency in ASC 810 (VIE / consolidation) and ASC 323 (equity method); hands-on experience preparing defending and maintaining technical accounting memos through audit
- Direct experience performing VIE primary beneficiary assessments including reassessments triggered by reconsideration events not just awareness of the framework
- Experience as the managing member or operator-side accountant in a JV structure responsible for books GAAP reporting packages and partner distributions (strongly preferred over investor-side only experience)
- Proven ability to build processes and controls from scratch in a high-growth or scaling environment
- Strong communicator who can translate complex accounting positions to non-accounting partners and JV counterparties with clarity and confidence
- CPA required
- Experience in infrastructure real estate data centers or capital-intensive industries is a plus
- Familiarity with SAP Oracle or NetSuite in a multi-entity environment is a plus
- Curiosity about and comfort with AI tools experience applying AI to accounting workflows (close automation contract review technical research) is a meaningful plus
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!
The base salary range for this role is $135000 to $180000. The starting salary will be determined based on job-related knowledge skills experience and market location. We strive for both market alignment and internal equity when determining addition to base salary our total rewards package includes a discretionary bonus equity awards and a comprehensive benefits program (all based on eligibility).
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
About Company
What We Offer The range we’ve 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 loc ... View more