Accounting Manager, Lambda

• Bachelor’s degree in Accounting or Finance
• 7+ years of accounting experience with significant exposure to fixed asset and lease accounting
• Experience managing large-scale fixed asset and lease portfolios ($2B+ preferred)
• Strong understanding of U.S. GAAP fixed asset accounting and ASC 842 lease accounting
• Experience managing Construction in Progress (CIP) and capital project accounting
• Proficiency with ERP systems and fixed asset management modules
• Strong analytical, organizational, and process improvement skills
• Technical accounting expertise (fixed assets and leases)
• Strong internal controls mindset
• Ability to manage complex, high-value asset portfolios
• Cross-functional collaboration with operational teams
• Detail-oriented with strong analytical capability
• Ability to operate effectively in a fast-growing environment
• Forward-thinker in embracing and implementing AI tools as part of foundation accounting processes
• You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills

Desirable

• We are seeking an experienced Fixed Asset & Lease Accounting Manager to lead the accounting, controls, and reporting for our capital asset and lease portfolios in a highly capital-intensive infrastructure environment
• This role will own the full lifecycle of fixed assets and leases—from capitalization policy and CIP monitoring to depreciation, lease accounting under ASC 842, asset disposals, and audit support
• The ideal candidate brings strong technical accounting expertise, operational rigor, and the ability to partner cross-functionally with infrastructure, procurement, and legal teams in a rapidly scaling environment
• Fixed Asset Accounting & Controls
• Manage accounting and reporting for $1.5B+ in fixed assets including GPU infrastructure, racks, cabling, and related equipment
• Oversee asset capitalization, classification, and useful life determinations in accordance with U.S. GAAP
• Review and approve asset additions, transfers, disposals, and retirements
• Ensure accurate depreciation calculations and reconciliation of the fixed asset subledger to the general ledger
• Maintain and continuously improve capitalization policies and internal controls
• Construction in Progress (CIP) Management
• Oversee accounting for $200M+ in CIP related to GPU infrastructure deployments and data center buildouts
• Track asset commissioning and ensure timely capitalization once assets are placed into service
• Partner with engineering, infrastructure, and procurement teams to validate deployment milestones and cost allocations
• Monitor CIP aging and ensure appropriate classification and capitalization timing
• Lease Accounting (ASC 842)
• Manage accounting and reporting for $500M+ in Right-of-Use (ROU) assets related to data center leases across 15+ locations
• Ensure compliance with ASC 842 including lease classification, ROU asset and liability calculations, and ongoing lease reassessments
• Abstract lease agreements and identify embedded leases where applicable
• Coordinate with technical accounting for lease modifications, renewals, and terminations
• Maintain lease accounting schedules and support financial reporting disclosures
• Financial Reporting & Audit Support
• Prepare fixed asset and lease accounting schedules for monthly, quarterly, and annual close
• Support internal and external audit processes by providing documentation, reconciliations, and analysis
• Assist with financial statement disclosures related to fixed assets, depreciation, and leases
• Partner with tax and finance teams on asset-related reporting requirements
• Asset Lifecycle & Operational Partnership
• Collaborate with infrastructure, operations, and procurement teams to ensure accurate tracking of high-value GPU assets
• Support processes for asset tagging, inventory tracking, and periodic physical verification of assets
• Oversee asset retirement and decommissioning processes for technology equipment
• Process Improvement & Systems
• Evaluate and enhance fixed asset and lease accounting systems and workflows to support rapid growth
• Drive automation and integration between ERP (NetSuite), procurement systems, and asset tracking tools
• Develop scalable processes to manage high volumes of infrastructure assets