Senior Manager, Operations Technical Accounting Job at CoreWeave in New York
CoreWeave, New York, NY, US
Job Description
CoreWeave is the AI Hyperscaler™, delivering a cloud platform of cutting edge services powering the next wave of AI. The company's 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 you're 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. To learn more about our values, please visit our careers website.
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.
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 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
- 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 office and data center locations
- A casual work environment
- A work culture focused on innovative disruption
Our Workplace
At CoreWeave, we are committed to operating as a hybrid workplace, offering employees flexibility in how they structure their time between in-office and remote work. We recognize the significance of fostering connections, collaboration, and creativity within our office culture and its positive impact on our business. Our philosophy operating as a hybrid workplace underscores our dedication to enabling employees to tailor work-life balance to their individual preferences.
For those who do not live within 30 miles of one of our offices, we are open to considering remote work for candidates whose skills and experience strongly align with the role. While we prioritize a hybrid work environment for most roles, we understand the importance of flexibility and are open to remote work for specific positions and specialized skill sets. Onboarding is essential to your success. New employees not based out of an office will be invited to attend onboarding training at one of our hubs within their first month of employment. We continue to foster a collaborative environment by bringing teams together quarterly.
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: careers@coreweave.com.