Senior Accountant, CoreWeave
Payroll
$75-90k
More information about location
Office located in Livingston, NJ
Specialized cloud provider
Job no longer available
Specialized cloud provider
201-500 employees
Job no longer available
$75-90k
More information about location
Office located in Livingston, NJ
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 a related field
- 5+ years of experience of payroll accounting experience
- Working knowledge of payroll processes and how they impact P&L statements and balance sheets
- Proven experience as a Payroll Accountant, preferably using Rippling Payroll and Oracle NetSuite or similar systems
- Strong attention to detail and ability to maintain data accuracy and confidentiality
- Excellent organizational and time-management skills, with the ability to handle multiple priorities and meet strict deadlines
- Exceptional problem-solving and analytical abilities to address payroll accounting challenges effectively
- Proficiency in using accounting software, spreadsheets, and other relevant financial tools
- Strong communication and interpersonal skills to interact with employees and external parties in a professional manner
- Extensive experience with general accounting principles and practices
- Experience with publicly traded companies is a plus
- Strong experience with LTI and accounting practices associated with the various types of stock
What the job involves
- As we continue to expand our operations and reach, we are seeking a highly skilled and detail-oriented Payroll Accountant to join our finance team
- The Payroll Accountant will be responsible on a regular basis for managing all aspects of payroll reconciliation, payroll and benefit accruals and journal entries on a bi-weekly, monthly and quarterly schedule as required
- In addition, this position will be tasked with managing payroll taxes at the federal, state and local levels
- This may include registering the company in new states and working with the payroll vendor for any variances or necessary amendments
- This position will also serve as a Payroll Specialist back-up when needed
- Work closely with the payroll processing team to address any discrepancies or issues related to payroll reconciliation or journal entry and resolve them promptly
- Review Quarterly payroll tax fillings for federal and states, work with representatives to resolve issues or notices
- Accrue payroll, bonus and benefit expenses at month end
- Review biweekly payroll journal entries integrated to the accounting system NetSuite, reconcile all payroll related GL accounts: Accruals, withholding, benefits, taxes, 401K and others
- Analyze monthly and quarterly payroll expenses and explain the flux
- Support SOX and statutory audits related to payroll
- Maintain GL mapping between payroll and accounting systems
- Reconciliation of cash accounts as they relate to payroll fees and refunds
- Record adjusting journal entries as needed
- Prepare flux analysis for payroll related accounts
- Monitor accounts for unexpected or unusual changes and research for a timely resolution
- Manage integration of data between payroll and accounting systems
- Validation of data related to employee department and location for accrual and reporting accuracy
- When necessary, calculate and process regular bi-weekly payroll including incentive compensation, SPIFFs and scheduled additional payments
- Research and resolve any payroll discrepancies that come through
- Maintain internal controls to safeguard payroll data and mitigate risks of errors or non-compliance
- Maintain accurate and organized payroll records, including employee information, timesheets, tax withholdings, and benefit deductions
- Stay informed of federal, state, and local payroll regulations, tax laws, and reporting requirements
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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