Head of Technical Accounting, CoreWeave

$205-240k

Salary range dependent on candidate location. This position also includes a discretionary bonus and equity

NetSuite

Expert level

New York

San Francisco Bay Area

Remote from US

More information about location

Specialized cloud provider

Be an early applicant

Specialized cloud provider

201-500 employees

B2BMachine LearningSaaSCloud Computing

Be an early applicant

$205-240k

Salary range dependent on candidate location. This position also includes a discretionary bonus and equity

NetSuite

Expert level

New York

San Francisco Bay Area

Remote from US

More information about location

201-500 employees

B2BMachine LearningSaaSCloud Computing

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.

Job

Company

Role

Who you are

The ideal candidate will have a strong background in technical accounting, excellent written and analytical skills, and the ability to work collaboratively in a fast-paced environment
A master's or bachelor’s degree in accounting or finance, CPA is required
10+ years of experience in leading technical accounting, including public accounting (Big Four experience preferred)
Strong knowledge of GAAP, SEC regulations, 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
Applicants must have work authorization that does not require sponsorship from the company now or in the future

What the job involves

This role will ensure compliance with accounting standards, provide technical accounting guidance, and support the company’s financial reporting process, technical accounting, and reporting function
Provide technical accounting guidance and support for complex transactions and new business initiatives, such as debt/equity financing, customer contracts, business combinations, and investment accounting, including embedded derivatives analysis
Write technical accounting memos for complex transactions, including but not limited to ASC 842, ASC360, ASC 606, ASC 805, ASC 470, ASC 718, ASC815, and ASC323
Research, interpret, and implement accounting standards and regulations (GAAP, IFRS)
Develop, write, and maintain accounting policies and procedures
Work closely with other departments (e.g., Revenue, FP&A, Tax, Legal) to provide accounting expertise and support
Serve as a liaison and work with external auditors on technical accounting matters
Work with external valuation specialists to ensure complex transaction valuations are completed on a timely basis, 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 training and development opportunities
Monitor the issuance of new FASB pronouncements, advise management of trends and changes in reporting requirements, and recommend and implement the best approach for any changes in reporting
Manage and perform ad hoc accounting research that supports accounting consultations for business transactions
Lead M&A due diligence and prepare work papers and memos according to ASC805
Work with the internal team to implement accounting policies and ensure compliance with internal control and SOX
Assist other teams with ad hoc accounting and reporting needs

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

Top investors

194% employee growth in 12 months

Glassdoor (4.4)

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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