Posted on 
Nov 8, 2023

Sr. Accounting Manager

New York City
Mid-Senior ICs
Finance
CoreWeave
CoreWeave
CoreWeave
Private
101-250
Software, Security & Developer Tools

CoreWeave is a specialized cloud provider focused on GPU accelerated use cases including VFX, AI/ML, Batch Processing and Real Time Experiences. We support countless AI/ML services in the text to image, NLP and broader AI/ML space, reducing client’s infrastructure management requirements with our Kubernetes based serverless GPU cloud offerings.

Job Description

CoreWeave is searching for a Sr. Accounting Manager or Director of Accounting (depending on experience) who will be excited to take on new challenges for a company rapidly approaching IPO. The candidate will have exposure to every aspect of CoreWeave’s accounting function and will take a leadership role in building the team out in preparation for a public transaction.

About the role:

  • Prepare the Company for a near-term IPO transaction by improving internal controls with an eye toward SOX compliance
  • Drive constant improvement of accounting policies while writing & updating the relevant memos for Revenue, Expenses, PPE, Equity, Leases, Debt, Investments, etc.
  • Interpret new accounting guidance and implement necessary changes to align with business operations
  • Write technical accounting memos for complex transactions: Equity, Debt, Business Combination, etc.
  • Review complex customer contracts to verify revenue recognition, billing schedules, and deferred revenue
  • Assemble consolidated financial statements from multiple subsidiary entities with limited controller oversight, including both indirect and direct cash flow statements
  • Manage annual financial statements audit at PCAOB level of scrutiny; interact with external auditors and manage internal team to ensure on-time delivery PBC items
  • Drive month-end close to <5 business days
  • Oversee AP/AR, General Ledger, and support the Controller in technical accounting matters and the CFO in cash flow management & forecasting
  • Work with staff to ensure monthly FS variances are explained and discrepancies are addressed
  • Review Balance Sheet reconciliations and roll-forwards to ensure all BS items are reconciled on a monthly basis
  • Accelerate the professional growth of junior and mid-career accounting staff
  • Review, edit, and approve junior and mid-career accountants’ work to ensure proper accounting treatment and allocation of expenses to various departments
  • Work with external tax consultants to provide relevant information for tax filings & tax provisions, and collaborate with Controller/General Counsel/HR Manager to ensure compliance with state & local filing obligations
  • Assist Controller and CFO with ad hoc reporting and financial analysis

 

Your Experience:

  • 12+ years of experience with a demonstrated passion for conquering accounting challenges and bringing order from chaos
  • Superlative technical accounting & analytical skills, which allow you to connect the problematic dots and form holistic, scalable solutions
  • Strong communication, organizational, and leadership skills
  • CPA strongly preferred
  • Ability to multitask and stay organized yet remain flexible in a fast and dynamic work environment
  • NetSuite accounting software experience is a plus, with an understanding of Procure to Pay, Order to Cash, and Revenue Recognition modules
  • Leadership/mentorship mentality that inspires a strong attention to detail among junior and mid-career accounting staff
  • Data-driven with a strong analytical mindset
  • Proactive with the ability to anticipate and avoid problems before they arise
  • Embrace positivity: you find ways to move forward from challenges stronger and happier
  • Ability to work from home with a reliable internet connection and distraction-free environment

 

Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $135,000/year in our lowest geographic market up to $175,000/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

 

CoreWeave is searching for a Sr. Accounting Manager or Director of Accounting (depending on experience) who will be excited to take on new challenges for a company rapidly approaching IPO. The candidate will have exposure to every aspect of CoreWeave’s accounting function and will take a leadership role in building the team out in preparation for a public transaction.

About the role: 

  • Prepare the Company for a near-term IPO transaction by improving internal controls with an eye toward SOX compliance 

  • Drive constant improvement of accounting policies while writing & updating the relevant memos for Revenue, Expenses, PPE, Equity, Leases, Debt, Investments, etc. 

  • Interpret new accounting guidance and implement necessary changes to align with business operations 

  • Write technical accounting memos for complex transactions: Equity, Debt, Business Combination, etc. 

  • Review complex customer contracts to verify revenue recognition, billing schedules, and deferred revenue

  • Assemble consolidated financial statements from multiple subsidiary entities with limited controller oversight, including both indirect and direct cash flow statements

  • Manage annual financial statements audit at PCAOB level of scrutiny; interact with external auditors and manage internal team to ensure on-time delivery PBC items 

  • Drive month-end close to <5 business days

  • Oversee AP/AR, General Ledger, and support the Controller in technical accounting matters and the CFO in cash flow management & forecasting 

  • Work with staff to ensure monthly FS variances are explained and discrepancies are addressed

  • Review Balance Sheet reconciliations and roll-forwards to ensure all BS items are reconciled on a monthly basis

  • Accelerate the professional growth of junior and mid-career accounting staff

  • Review, edit, and approve junior and mid-career accountants’ work to ensure proper accounting treatment and allocation of expenses to various departments

  • Work with external tax consultants to provide relevant information for tax filings & tax provisions, and collaborate with Controller/General Counsel/HR Manager to ensure compliance with state & local filing obligations 

  • Assist Controller and CFO with ad hoc reporting and financial analysis

 

Your Experience:

  • 12+ years of experience with a demonstrated passion for conquering accounting challenges and bringing order from chaos 

  • Superlative technical accounting & analytical skills, which allow you to connect the problematic dots and form holistic, scalable solutions 

  • Strong communication, organizational, and leadership skills 

  • CPA strongly preferred 

  • Ability to multitask and stay organized yet remain flexible in a fast and dynamic work environment 

  • NetSuite accounting software experience is a plus, with an understanding of Procure to Pay, Order to Cash, and Revenue Recognition modules

  • Leadership/mentorship mentality that inspires a strong attention to detail among junior and mid-career accounting staff

  • Data-driven with a strong analytical mindset

  • Proactive with the ability to anticipate and avoid problems before they arise 

  • Embrace positivity: you find ways to move forward from challenges stronger and happier 

  • Ability to work from home with a reliable internet connection and distraction-free environment

 

Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $135,000/year in our lowest geographic market up to $175,000/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

 

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