Manager of Financial Close and Reporting, CoreWeave
$135-175k
More information about location
Specialized cloud provider
Open for applications
Specialized cloud provider
201-500 employees
Open for applications
$135-175k
More information about location
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, CMA, or equivalent certification preferred
- Experience in managing month-end and year-end closing processes in a mid-to-large company setting
- Experience with intercompany transactions and foreign currency for multiple entities
- Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams
- Strong understanding of GAAP/IFRS and financial reporting standards
- Strong analytical and problem-solving skills
- Detail-oriented, highly organized, and able to manage multiple priorities in a fast-paced environment, remain flexible in a fast and dynamic work environment, establish order from chaos
- Minimum of 7 years of experience in accounting or financial reporting, with at least 2-3 years in a supervisory or managerial role
- NetSuite system experience is preferred
- Applicants must have work authorization that does not require sponsorship from the company now or in the future
What the job involves
- The Financial Close and Reporting Manager will be responsible for overseeing the monthly, quarterly, and annual financial closing processes, ensuring timely and accurate financial reporting in compliance with internal policies
- This role will also focus on improving and streamlining closing reporting processes, managing controls and leading a team of accountants to deliver key financial information to the management and external reporting team
- Lead and manage the global month-end, quarter-end, and year-end financial close processes, ensuring all transactions are recorded in a timely and accurate manner, target 5 business days close cycle
- Coordinate with various departments to gather necessary information for accurate financial closing
- Assign tasks and monitor progress to ensure timely and accurate completion of duties
- Manage close and reconciliation checklist, during close cycle, report daily to the management close status, open items, material matters
- Oversee reconciliation of key accounts and ensure accuracy and completeness of financial data
- Ensure intercompany transaction are reconciled and eliminated
- Lead monthly and quarterly close financial flux analysis, explain variances to the management
- Prepare consolidated financial statements, including balance sheets, income statements, cash flow statements, and other relevant reports
- Ensure compliance with internal control processes and policies to maintain integrity of financial information
- Foster a collaborative team environment and ensure strong communication across the accounting team and other departments
- Develop and implement best practices to optimize the close process
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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