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Full-Time

Senior Manager

Operations Technical Accounting

Updated on 10/4/2024

CoreWeave

CoreWeave

201-500 employees

Cloud service for GPU-accelerated workloads

AI & Machine Learning
Enterprise Software

Compensation Overview

$160k - $200kAnnually

Senior, Expert

Livingston, NJ, USA + 3 more

More locations: Brooklyn, NY, USA | Bellevue, WA, USA | Sunnyvale, CA, USA

Hybrid workplace; in-office presence required.

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Requirements
  • A bachelor’s or graduate degree in accounting or an equivalent combination of education and experience – an advanced degree (e.g., MBA or MS) is preferred
  • Extensive experience with contract review and interpretation, especially in the context of proper accounting for technical matters
  • Extensive knowledge of GAAP, particularly ASC 842
  • Previous experience in Cloud or Data Center Infrastructure (data centers, cloud, etc.) is preferred but not required
  • Experience working in a publicly traded company with SOX compliance is highly desirable
  • 8+ years of experience with a demonstrated passion for conquering challenges and bringing order from chaos
  • Strong partnership, communication, organizational, and leadership skills
  • CPA strongly preferred
  • Ability to multitask and stay organized yet remain flexible in a fast and dynamic work environment
  • Data and process-driven with a strong analytical mindset
  • Proactive with the ability to anticipate and avoid problems before they arise
  • Embrace positivity & tenacity: you find ways to move forward through challenges
  • Experience at a large public accounting firm, in combination with industry experience, is a plus
  • Ability to work from home with a reliable internet connection and distraction-free environment
Responsibilities
  • Ensure the Company accurately accounts for its liabilities and expenses associated with operating its data centers in compliance with all applicable accounting standards (e.g., ASC 842), provides related footnote disclosures (e.g., minimum purchase obligations), and accurately discloses and related non-GAAP measures.
  • Manage and update the Company’s policies around accounting operations (e.g., leases accounting, fixed asset lives, etc.).
  • Review complex vendor contracts to ensure proper accounting treatment, including partnering with corporate accounting where other accounting matters arise (e.g., VIEs or derivatives embedded in a contract).
  • During contract negotiations, provide proactive subject-matter expertise and guidance to the legal, operations, and business development teams, ensuring that accounting principles are upheld while still helping the Company meet its operational objectives (e.g., identify potential issues, and work with cross-functional partners to mitigate these issues)

CoreWeave offers cloud computing services that specialize in GPU-accelerated workloads, which are crucial for tasks like artificial intelligence, machine learning, and visual effects rendering. Their infrastructure is built on a bare metal serverless Kubernetes platform, allowing clients to access powerful computing resources without the need for expensive hardware. CoreWeave's pay-as-you-go pricing model provides flexibility and scalability, making it appealing to tech companies, film studios, and enterprises. The company's goal is to deliver high-performance computing resources that meet the increasing demands of various industries.

Company Stage

Series B

Total Funding

$12B

Headquarters

New York City, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

73%

1 year growth

171%

2 year growth

798%
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Simplify's Take

What believers are saying

  • Securing $1.1 billion in funding positions CoreWeave for aggressive growth and innovation in the AI and HPC sectors.
  • The appointment of former AWS executive Chetan Kapoor as Chief Product Officer brings valuable expertise and leadership to drive product strategy during a hypergrowth phase.
  • CoreWeave's $2.2 billion investment in European data centers demonstrates their commitment to expanding global reach and meeting surging demand for AI infrastructure.

What critics are saying

  • The competitive landscape with giants like AWS launching high-core instances could pressure CoreWeave to continuously innovate to maintain its edge.
  • Rapid expansion, including significant investments in new data centers, could strain resources and operational capabilities.

What makes CoreWeave unique

  • CoreWeave specializes in GPU-accelerated workloads, setting it apart from general cloud service providers like AWS and Azure.
  • Their fully managed, bare metal serverless Kubernetes platform offers high performance with reduced operational burden, a unique selling point in the cloud computing market.
  • CoreWeave's strategic partnerships, such as with Bloom Energy for on-site power generation, enhance their infrastructure's reliability and sustainability.