Operations Accounting Manager-Leases & Fixed Assets

We are seeking an Operations Accounting Manager-Lease & Fixed Assets who will play a critical role supporting the accounting function at CoreWeave, Inc.  This role will report to the Senior Accounting Manager and will be a part of the team that is critical to the company’s financial reporting  process. 

As an Operations Accounting Manager-Leases & Fixed Assets, you'll be responsible for supporting the ongoing development, management and administration of our global data center lease obligations by abstracting and maintaining accurate lease data in an internal database and producing recurring and ad hoc reports to asset managers, negotiators, partner teams and leadership. In addition, individuals will be responsible for understanding project accounting for the build-out of the global data centers as they become operational.

In this role, you will be responsible for all activities post agreement (lease) signature,manage the ongoing obligations that result out of these third-party agreements, and ensure proper capitalization of fixed assets that supply capacity into the overall CoreWeave space/power portfolio. You will work with internal and external cross-functional partners, across time zones, and geographical borders.

Key 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.
• Ensure that lease transactions are recorded accurately, consistently and within company policy.
• Prepare lease amortization schedules for accuracy and completeness.
• Prepare key period-end lease / CIP reconciliations.
• Prepare lease / CIP 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.
• 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 and fixed asset 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 footnote disclosures in Form 10-Q/10-K.
• Interface with internal and external auditors, including providing appropriate supporting documents.
• Support ongoing implementation and testing efforts related to new and enhancements made to existing financial systems.
• Maintain documentation for processes 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.

Wondering if you’re a good fit? We believe in investing in our people, and value candidates who can bring their own diversified experiences to our teams – even if you aren't a 100% skill or experience match. Here are a few qualities we’ve found compatible with our team. If some of this describes you, we’d love to talk.

Why CoreWeave?

At CoreWeave, we work hard, have fun, and move fast!  We’re in an exciting stage of hyper-growth that you will not want to miss out on. We’re not afraid of a little chaos, and we’re constantly learning. Our team cares deeply about how we build our product and how we work together, which is represented through our core values: 

• Be Curious at Your Core
• Act Like an Owner
• Empower Employees
• Deliver Best-in-Class Client Experiences
• Achieve More Together

We support and encourage an entrepreneurial outlook and independent thinking. We foster an environment that encourages collaboration and provides the opportunity to develop innovative solutions to complex problems. As we get set for take off, the growth opportunities within the organization are constantly expanding. You will be surrounded by some of the best talent in the industry, who will want to learn from you, too. Come join us!  

Requirements

• Bachelor’s degree and a minimum of 5+ years of accounting, Big 4 public accounting preferred.
• 3 years of lease accounting, fixed asset accounting or manufacturing environment experience preferred.
• CPA, or CMA candidate preferred, with strong knowledge of U.S. GAAP.
• Strong knowledge of lease accounting applications and ERP systems experience (Oracle NetSuite proficiency a plus).
• Excellent working knowledge of ASC 842, SOX compliance
• Bachelor’s degree and a minimum of 5+ 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 
•  

The base pay and target total cash for this position range from $115,000 to $153,000 and $132,000 to $176,000 accordingly. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience. This position includes a discretionary bonus, equity, and a comprehensive benefits package.