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CoreWeave

Rents GPU cloud computing for AI developers

Treasury Accounting Manager

Financial AccountingUpdated on Nov 13
Full-timeIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting is required; a CPA and master's degree are strongly preferred.
  • At least 6 years of relevant financial accounting and reporting experience is required.
  • A strong understanding of U.S. GAAP is required; derivative and hedge accounting experience under ASC 815 is preferred but not required.
  • A background in public accounting, preferably Big Four experience, and/or relevant industry experience is required.
  • Experience supporting SOX controls and internal or external audit requests is required.
  • Strong Microsoft Excel skills and experience working with detailed accounting schedules and large data sets are required.
  • The role requires the ability to manage multiple recurring monthly and quarterly close deadlines.
  • The role requires the ability to clearly explain accounting topics to cross-functional stakeholders.
  • The role requires the ability to coordinate effectively across teams.

Responsibilities

  • Manage the day-to-day accounting and operational execution for derivative and hedging transactions, including interest rate swaps, foreign exchange forwards and other foreign currency hedges, cross-currency swaps, and power hedges.
  • Coordinate with Treasury to understand newly executed derivative transactions and ensure they are incorporated into accounting, reporting, and control processes timely and accurately.
  • Prepare and review monthly and quarterly journal entries, account reconciliations, rollforwards, and other supporting schedules related to derivative and hedging activities.
  • Obtain, organize, and maintain trade confirmations, valuation reports, settlement information, counterparty statements, and other supporting documentation for derivative transactions.
  • Prepare and maintain hedge designation documentation and other contemporaneous hedge accounting documentation in accordance with ASC 815.
  • Perform and document ongoing quantitative and qualitative hedge effectiveness assessments, partnering with Treasury and other stakeholders as needed.
  • Reconcile derivative valuations, settlements, cash activity, and related balance sheet and income statement accounts to third-party and Treasury records.
  • Research accounting matters related to derivatives and hedging and prepare supporting documentation for review by the Senior Manager and Director of Treasury Accounting.
  • Prepare supporting schedules and disclosures related to derivatives, hedging activities, and other financial instruments for the company’s 10-Q and 10-K filings.
  • Maintain and support SOX controls over derivatives and hedge accounting processes, including control documentation and audit support.
  • Coordinate monthly meetings between Treasury Accounting and Treasury, including scheduling meetings, developing agendas, tracking open items, and following up on action items.
  • Create and maintain quarterly deliverable packages with Treasury to ensure information required for close, financial reporting, controls, and audit support is received timely.
  • Prepare monthly and quarterly Treasury Accounting flux analyses and coordinate with team members and stakeholders to understand and document significant period-over-period movements.
  • Collaborate with the broader Treasury Accounting team on materials for monthly and quarterly financial close decks and other management reporting.
  • Identify practical AI opportunities to improve the efficiency and quality of the Treasury Accounting team's accounting, reporting, documentation, and recurring processes.
  • Support the Treasury Accounting team's ERP transition, including process design, data validation, testing, implementation activities, and development of scalable post-implementation workflows.
  • Contribute to continuous improvement, automation, and process optimization initiatives across Treasury Accounting.
  • Collaborate with internal and external auditors during quarterly reviews and year-end audits.
  • Support other treasury-related areas, including debt and OEM financing, as opportunities and business needs arise.

Desired Qualifications

  • CPA and a master's degree are strongly preferred.
  • Experience with derivative and hedge accounting under ASC 815 is preferred but not required.
  • Big Four experience is preferred.

About the Company

CoreWeave

Rents GPU cloud computing for AI developers

CoreWeave rents cloud computing to AI labs and businesses that train models and run them in production for research and commercial applications. Its platform combines NVIDIA graphics chips, storage, networking, and software built for demanding AI workloads across connected clusters scaled to fit each project. CoreWeave Forge connects tools for tracking experiments, testing models, and improving AI systems using feedback from production. Customers rent computing capacity through committed contracts or usage charges, while managed services handle the infrastructure needed to keep large workloads running. CoreWeave was founded in 2017 and is headquartered in Livingston, New Jersey.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Livingston, NJ
Founded
2017

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