Fixed Assets Accountant

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 Fixed Assets Accountant who is excited about taking on new challenges and focused on professional growth. In this role, you will be responsible for the full cycle accounting of fixed assets including acquisition, construction in progress, spare parts, capitalization, depreciation, transfer, disposition, reconciliation, and reporting. You will ensure accurate and timely financial reporting while establishing and implementing accounting policies, controls, and procedures coordinated between the Accounting and Data Center Operations teams. 

In this role, you can expect to: 

• Work closely with the AP, Purchasing, and Data Center Operations teams to identify fixed asset purchases, establish a reliable in service date, capitalize them in a timely fashion, record accurate depreciation, and report fixed assets’ transfer or disposition. 
• Review vendor invoices to ensure proper capitalization of expenditures of FA.  
• Track FA by location and category to ensure that all required FA metadata is reflected accurately in CoreWeave systems.
• Design and conduct periodic FA cycle counts to guarantee that physical reality on the DC floors agrees with the Accounting team’s fixed asset ledgers. 
• Support the Fixed Asset team lead in reconciling the fixed asset sub-ledger balances to the summary-level accounts in the general ledger. 
• Own the monthly and yearly roll-forward of fixed assets.
• Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries. 
• Prepare FA schedules for the tax provision footnotes and tax returns, as well as for sales and use / property tax calculations in various jurisdictions.
• Investigate the potential obsolescence of fixed assets and possible write-downs or write-offs.
• Conduct analyses related to fixed assets as requested by management.
• Coordinate with the Purchasing and Governmental Relations teams to align purchases with active tax incentive programs. 

To thrive in this role, you have:

• Bachelor’s degree in accounting, finance, or related field required.
• Combination of public accounting (Big 4 preferred) and industry experience, prior fixed asset accounting experience is a strong plus. 
• Strong knowledge of finance and accounting principles including generally accepted accounting principles (GAAP), practices and procedures (CPA preferred). 
• Extreme attention to detail and organization.
• High proficiency in Excel, with fluency in extracting, transforming, loading, and manipulating large data sets.
• Solid written and verbal communication skills and be able to work effectively with departments throughout the organization. 
• Experience and strong understanding of internal control.
• Maintain flexibility in a fast-paced environment, and continuously evolving to meet changing business needs.
• Quick learner and problem solver when faced with new issues or challenges.
• NetSuite and NetAsset experience a plus.

Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $65,000-$85,000. 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 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.