Senior Manager, Equity Accounting and Reporting Job at CoreWeave in Roseland
CoreWeave, Roseland, NJ, United States
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.
About the Role:
CoreWeave is seeking a Senior Manager of Equity Accounting and Reporting. The ideal candidate will possess a robust background in equity accounting and stock administration, with strong written and analytical skills, and the ability to thrive in a dynamic, fast-paced environment. This role is critical in ensuring compliance with accounting standards, providing expert guidance on equity accounting, and supporting the company's financial reporting processes.
Key responsibilities:
- Develop, document, and maintain policies and procedures related to Equity Compensation and Equity Accounting
- Serve as a subject matter expert of ASC718 and coordinate with internal and external auditors to provide necessary documentation and support during audits.
- Lead a cross-functional team to research, select, implement, and transition stock administration systems
- Generate detailed reports and analyses on equity compensation, including dilution, expense forecasting, and financial statement disclosures.
- Collaborate with the SEC Reporting team in the preparation and review of public filings, ensuring full compliance with regulatory requirements.
- Calculate quarterly and annual weighted average basic and diluted shares for EPS.
- Write technical accounting memos for complex transactions, such as strategic investment, Variable interest Entities (VIE), Consolidation etc.
- Work closely with other departments (e.g. FP&A, HR, Legal, Tax) to provide Equity forecast, accounting expertise and support
- Partner with external valuation specialists to ensure timely completion of complex transaction valuations, including managing all inputs used in those valuations: derivatives valuation, 409A, special transaction valuations, etc.
- Foster a collaborative and high-performance culture within the accounting and finance team.
- Lead, mentor, and develop team members, providing opportunity for training and development opportunities.
- Research, interpret, and implement accounting standards and regulations (GAAP, IFRS)
- Monitor new FASB pronouncements, advise management on trends and changes in reporting requirements, and recommend and implement the best approach for any necessary reporting changes.
- Manage and perform ad hoc accounting research that supports accounting consultations for business transactions.
- A master's or bachelor's degree in accounting or finance, CPA is required.
- 8+ years of experience in leading technical accounting, including public accounting (Big Four experience preferred)
- Strong knowledge of GAAP, equity compensation, and financial reporting requirements.
- Proven ability to research and interpret complex accounting issues.
- Excellent written and verbal communication skills, with the ability to present technical information clearly and concisely.
- Strong analytical and problem-solving skills, with attention to detail.
- Experience with ERP systems such as NetSuite and financial reporting tools.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Experience with IFRS and international accounting standards.
- Prior experience in a technology or software company.
- Strong project management skills and the ability to drive initiatives to completion.
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.