Senior Accounts Payable Specialist, CoreWeave
$86.6-107k
Specialized cloud provider
Be an early applicant
Specialized cloud provider
201-500 employees
Be an early applicant
$86.6-107k
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
- We are looking for a Senior Accounts Payable Specialist who is passionate about driving efficiency and automation within the accounts payable function
- 5+ years of experience in accounts payable, general ledger accounting, or related functions
- Bachelor’s degree in Accounting, Finance, or a related field (required)
- Experience with ERP systems (NetSuite experience is a plus) and P2P systems within IT, cloud servicing or manufacturing industries preferred
- Strong process improvement mindset, with a passion for automation and efficiency
- Strong ability to document and standardize procedures to support scalability and compliance
- Experience working with shared services organizations (onshore and/or offshore)
- Strong analytical and problem-solving skills
- Excellent communication and collaboration skills, with the ability to work cross-functionally
- Proficiency in GAAP and financial controls related to AP and cash flow management
- Ability to work in a dynamic, fast-paced environment with a proactive and solution-oriented approach
- Familiarity with accounting and tax implications with regards to AP processes within globally operated organizations
What the job involves
- This role will focus on process improvements, documentation of procedures, and collaboration with procurement, IT, and finance teams to enhance automation and scalability
- This role will also support our month end close process and help us to improve our organization as we gear up for a future public transaction
- Oversee the Accounts Payable (AP) function, ensuring timely and accurate processing of invoices and payments
- Review and approve invoices for payment and processing
- Identify and implement process improvements to enhance efficiency, accuracy, and compliance within AP operations
- Document AP procedures, workflows, and best practices to ensure consistency and compliance
- Collaborate with procurement, IT, and finance teams to automate AP functions, integrating with ERP and other financial systems
- Support cash flow management by providing insights into payment schedules and vendor terms
- Maintain vendor relationships, ensuring adherence to company policies and resolution of payment discrepancies
- Ensure compliance with U.S. GAAP and company policies in all AP transactions
- Assist with internal and external audits by preparing AP-related documentation and reconciliations
- Work on ad hoc reporting and financial analysis to support business decision-making
- Manage a team of internal and external AP analysts
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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