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Etched

Designs chips and servers for running AI models

General Ledger Accountant - Close

Financial AccountingConfirmed live in the last 24 hours
Full-timeSan Jose, CA, USA

About the Job

Requirements

  • Experience owning close processes end-to-end in a fast-paced environment.
  • Proficiency with ERP systems such as NetSuite, SAP, Oracle, or equivalent, and comfort scaling systems in a high-growth environment.
  • Bachelor's degree in Accounting, Finance, or a related field.
  • At least 5 years of progressive accounting experience.
  • CPA or equivalent experience is required.
  • Strong understanding of U.S. generally accepted accounting principles (GAAP) and technical accounting concepts.

Responsibilities

  • Own and lead core components of the monthly, quarterly, and annual close process, ensuring accurate, complete, and timely financial results and strong general-ledger internal controls.
  • Maintain and manage the close calendar, coordinating tasks and deadlines across accounting and cross-functional teams.
  • Prepare, post, and/or review journal entries, including accruals, prepaids, amortization schedules, fixed assets and depreciation, leases, and intercompany transactions.
  • Perform balance sheet account reconciliations for assigned accounts and resolve reconciling items in a timely manner.
  • Prepare flux analysis for balance sheet and profit-and-loss accounts, investigating and explaining period-over-period variances.
  • Ensure accounts payable, accounts receivable, payroll, and fixed-assets subledgers tie out to the general ledger each period.
  • Review the trial balance for unusual or unsupported entries before close finalization.
  • Maintain organized close documentation, including workpapers, reconciliations, and journal-entry support, for internal reviews and audits.
  • Ensure journal entries have proper approval and supporting documentation and adhere to segregation-of-duties policies.
  • Maintain up-to-date process documentation and desktop procedures for close workflows.
  • Support periodic internal-control reviews, walkthroughs, and testing.
  • Support external and internal audit requests, including preparation of prepared-by-client items.
  • Maintain accurate configuration of chart of accounts, entities, segments, and classes within the enterprise resource planning system.
  • Support integration between the enterprise resource planning system, subledgers, and other connected financial systems.
  • Support system setup for new entities, currencies, and jurisdictions as the company expands.
  • Standardize close processes and checklists to reduce manual intervention and shorten the close timeline.
  • Identify and implement automation opportunities within the close cycle.
  • Support accurate financial statements and management reporting in accordance with U.S. generally accepted accounting principles, including technical accounting for non-routine or complex transactions.
  • Prepare monthly and quarterly financial statement packages.
  • Support operationalization of technical accounting memos on non-routine or complex transactions.
  • Own multi-entity consolidations and intercompany eliminations.
  • Support operationalization of revenue recognition, lease accounting, and other applicable technical accounting areas.
  • Partner with accounts payable, accounts receivable, inventory, and payroll teams to ensure accurate, reconciled handoffs into the general ledger and resolve cross-departmental discrepancies.
  • Support ad hoc data requests, schedules, and analysis for Finance leadership and external reporting.

About the Company

Etched

Designs chips and servers for running AI models

Etched designs AI chips and the server racks built around them for AI companies and cloud providers, focusing only on inference, the work of running trained models to answer requests. In 2024, it unveiled a chip hard-wired to run only transformers, the type of AI model behind ChatGPT, after betting at its founding that they would dominate AI. Etched develops its chips, racks, and software together, and each rack links many chips through a shared pool of fast memory so very large models with long inputs can answer quickly. It earns money by selling these complete systems rather than individual chips. Etched was founded in 2022 and is based in San Jose, California.

Company size
201-500
Company stage
Series D
Total funding
$1.6B
Headquarters
San Jose, CA
Founded
2022

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