Operations Accounting Manager

Summary

Join CoreWeave as an Operations Accounting Manager Leases and play a critical role in supporting the accounting function. You will be responsible for managing global data center lease obligations, ensuring accurate lease data, and producing reports. This role involves reviewing contracts, managing the monthly financial close process, and working with cross-functional teams. The ideal candidate possesses strong lease accounting knowledge, experience with ERP systems, and a forward-thinking approach. CoreWeave offers a competitive salary and a comprehensive benefits package, including medical, dental, vision, life insurance, paid parental leave, and flexible PTO.

Requirements

• Strong knowledge of lease accounting applications and ERP systems experience (Oracle NetSuite and Net Lease proficiency a plus)
• Excellent working knowledge of ASC 842, SOX compliance
• Bachelor’s degree and a minimum of 7 years of accounting, Big 4 public accounting preferred
• Must demonstrate attention to detail and the ability to manage multiple projects simultaneously to achieve results
• Excellent organizational, time and self-management skills & ability to prioritize and work well under pressure to meet deadlines
• Team player with a positive attitude that embraces challenges and thrives in a fast-paced environment
• Strong analytical and problem-solving skills

Responsibilities

• Review contracts to determine ASC842 lease application and prepare and track lease schedules, payments, and reconciliation
• Lead and own the monthly financial close process for operating and finance leases
• Identify contract variations that could impact lease accounting under Financial Accounting Standards Board Accounting Standards Codification 842, Leases (“ASC 842”)
• Manage accounting components of the lease portfolio, such as extensions, amendments, or terminations
• Work closely with the Lease Administration team to set up and maintain lease projects in Net Lease
• Ensure that lease transactions are recorded accurately, consistently and within company policy
• Manage lease amortization schedules for accuracy and completeness
• Manage key period-end lease reconciliations, including the reconciliation of the lease GL accounts
• Prepare lease accounting journal entries
• Determine the proper handling and ensure timely resolution of discrepancies/outstanding items on account reconciliations
• Provide balance sheet account movements to support cash flow reporting
• Analytically review and understand monthly lease expense, working with the Financial Planning & Analysis team to assess actuals against budget
• Collaborate with key-cross-functional partners including finance, legal, data analytics, data center operation, inventory management to ensure key stakeholders are informed
• Identify opportunities to improve efficiency in the current processes and lead enhancements, both manual and automation opportunities, including identifying existing functionalities not being fully utilized
• Own the development and maintenance of lease policies, as well as evaluation of contracts that may contain leases, including consultation with the SEC Reporting/Technical Accounting team on an as-needed basis. Document accounting conclusions for significant contracts evaluated in accounting memos
• Assist SEC Reporting/Technical Accounting team in preparing quarterly and annual lease footnote disclosures in Form 10-Q/10-K
• Provide any audit support required
• Assess leases for impairment triggers and perform appropriate impairment tests when necessary. Document accounting conclusions in accounting memos
• Support ongoing implementation and testing efforts related to new and enhancements made to existing financial systems
• Maintain documentation for lease process to ensure compliance with Sarbanes Oxley 404 requirements and evaluate current processes for improvement. Ensure compliance with the Company’s internal controls over financial reporting
• Ad hoc projects assigned by senior management including analysis of business operations, proposed accounting treatment of unusual transactions or other accounting and finance related matters
• Work closely with Accounts Payables and Supplier teams to facilitate payments, including onboarding external stakeholders, validating and maintaining rent schedule accuracy, completing reconciliations, supporting internal and external stakeholder requests, driving efficiency and creating process flows

Preferred Qualifications

• 3 years of lease accounting experience preferred
• CPA, or CMA candidate preferred, with strong knowledge of U.S. GAAP

Benefits

• Medical, dental, and vision insurance - 100% paid for by CoreWeave
• Company-paid Life Insurance
• Voluntary supplemental life insurance
• Short and long-term disability insurance
• Flexible Spending Account
• Health Savings Account
• Tuition Reimbursement
• Mental Wellness Benefits through Spring Health
• Family-Forming support provided by Carrot
• Paid Parental Leave
• Flexible, full-service childcare support with Kinside
• 401(k) with a generous employer match
• Flexible PTO
• Catered lunch each day in our office and data center locations
• A casual work environment
• A work culture focused on innovative disruption
• At CoreWeave, we are committed to operating as a hybrid workplace, offering employees flexibility in how they structure their time between in-office and remote work