Full-Time

Fixed Assets Accountant

Posted on 4/19/2024

CoreWeave

CoreWeave

201-500 employees

Specialized GPU cloud provider for intensive computing

Data & Analytics
Hardware
AI & Machine Learning

Compensation Overview

$65,000 - $85,000Annually

+ Bonus + Equity + Relocation Assistance

Mid

Seattle, WA, USA + 3 more

Required Skills
NetSuite
Mergers & Acquisitions (M&A)
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting, finance, or related field required.
  • Combination of public accounting (Big 4 preferred) and industry experience, prior fixed asset accounting experience is a strong plus.
  • Strong knowledge of finance and accounting principles including generally accepted accounting principles (GAAP), practices and procedures (CPA preferred).
  • Extreme attention to detail and organization.
  • High proficiency in Excel, with fluency in extracting, transforming, loading, and manipulating large data sets.
  • Solid written and verbal communication skills and be able to work effectively with departments throughout the organization.
  • Experience and strong understanding of internal control.
  • Maintain flexibility in a fast-paced environment, and continuously evolving to meet changing business needs.
  • Quick learner and problem solver when faced with new issues or challenges.
  • NetSuite and NetAsset experience a plus.
Responsibilities
  • Responsible for the full cycle accounting of fixed assets including acquisition, construction in progress, spare parts, capitalization, depreciation, transfer, disposition, reconciliation, and reporting.
  • Work closely with the AP, Purchasing, and Data Center Operations teams to identify fixed asset purchases, establish a reliable in-service date, capitalize them in a timely fashion, record accurate depreciation, and report fixed assets’ transfer or disposition.
  • Review vendor invoices to ensure proper capitalization of expenditures of FA.
  • Track FA by location and category to ensure that all required FA metadata is reflected accurately in CoreWeave systems.
  • Design and conduct periodic FA cycle counts to guarantee that physical reality on the DC floors agrees with the Accounting team’s fixed asset ledgers.
  • Support the Fixed Asset team lead in reconciling the fixed asset sub-ledger balances to the summary-level accounts in the general ledger.
  • Own the monthly and yearly roll-forward of fixed assets.
  • Prepare audit schedules relating to fixed assets, and assist the auditors in their inquiries.
  • Prepare FA schedules for the tax provision footnotes and tax returns, as well as for sales and use / property tax calculations in various jurisdictions.
  • Investigate the potential obsolescence of fixed assets and possible write-downs or write-offs.
  • Conduct analyses related to fixed assets as requested by management.
  • Coordinate with the Purchasing and Governmental Relations teams to align purchases with active tax incentive programs.

CoreWeave is a specialized cloud provider that excels in delivering high-performance GPU compute resources for compute-intensive applications. Offering managed Kubernetes, virtual servers, and advanced networking, the company supports critical industries like VFX, rendering, and AI, providing significant performance and cost advantages. This focus on high-efficiency technology makes it an ideal workplace for professionals passionate about cutting-edge cloud solutions and impactful computing enhancements.

Company Stage

Series B

Total Funding

$3.3B

Headquarters

New York, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

68%

1 year growth

253%

2 year growth

743%