Payroll Accounting Manager, CoreWeave
$120-150k
Specialized cloud provider
Job no longer available
Specialized cloud provider
201-500 employees
Job no longer available
$120-150k
201-500 employees
Company mission
CoreWeave's mission is to deliver a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure.
Role
Who you are
- Bachelor’s degree in accounting, Finance, or related field; CPA or equivalent strongly preferred
- 5+ years of payroll accounting experience, including 2+ years managing international payroll accounting
- Strong knowledge of US GAAP, IFRS a plus, and familiarity with multi-jurisdictional payroll tax rules
- Experience with accounting for stock-based compensation and related payroll reporting
- Advanced proficiency in Excel; experience with payroll systems (e.g., ADP, Workday) and ERP systems (e.g., NetSuite, Oracle)
- Strong analytical skills and attention to detail
What the job involves
- We are seeking a detail-oriented, experienced Payroll Accounting Manager to lead and manage our global payroll accounting functions. This role is primarily responsible for the accurate recording, reconciliation, and financial reporting of payroll across Global legal entities
- Manage monthly, quarterly, and annual payroll accounting close processes across all geographies: including journal entries, accrue and account reconciliation for global payroll accounts
- Perform monthly benefit reconciliation, deduction vs vendor charges
- Prepare monthly and quarterly KPI and variances related to all payroll areas such as: FTE reports, benefits burden rate, functional people cost etc
- Reconcile payroll register to GL, employee departments to ensure accurate expense reporting
- Reconcile downstream systems to ensure employees with the right departments and locations
- Manage payroll accounting for employee stock-based compensation including RSUs, stock options, and ESPP, ensure proper classification in the financial statements
- Partner with global payroll vendors and local HR teams to ensure compliance and accuracy
- Work with the intercompany team on any payroll-related charges backs
- Coordinate with legal, HR, and external advisors on equity tax treatment and reporting requirements
- Collaborate with internal stakeholders to enhance payroll and accounting systems and workflows
- Assist with the implementation of new HRIS, payroll systems
- Identify and implement automation opportunities in payroll accounting processes
Our take
Many cloud service providers can suffer from slow prediction speeds when they are used for data modeling. CoreWeave solves this problem with its specialized cloud service provider.
CoreWeave reduces prediction times and makes service requests faster and more efficient. This, in turn, cuts cloud costs considerably. This has proven to be a strong draw for many companies, with CoreWeave signing a lucrative partnership with GPU heavyweight NVIDIA as well as partnering with BitOoda, which has allowed it to expand its operations to the financial market.
However, in 2023 it closed three very significant rounds of funding (Series B and debt and secondary extensions), which is being invested into expanding its US-based data centers, opening two new ones in the coming year. The question remains whether, despite 2023's big investments in the sector, CoreWeave can maintain this momentum and whether generative AI's stock will continue to rise.
Steph
Company Specialist at Welcome to the Jungle
Insights
194% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2024
$1.1bn
SERIES C
May 2023
$200m
SERIES B
Total funding: $1.7bn
Company benefits
- Medical, dental, and vision coverage
- Life and disability insurance
- Flexible Spending Account
- 401k with employer match
- Flexible PTO
- Catered lunch
- Kinside Childcare Concierge Service
- Gym reimbursement
Company HQ
Civic Center, New York, NY
Leadership
Michael Intrator
(CEO, not founder)Was Principal Portfolio Manager at Natsource Asset Managment for over 15 years. Served as CEO of The Atlantic Crypto Corporation and Hudson Ridge Asset Management.
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