CoreWeave is the AI Hyperscaler™, delivering a cloud platform of cutting edge services powering the next wave of AI. Our technology provides enterprises and leading AI labs with the most performant, efficient and resilient solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers covering every region of the US and across Europe. CoreWeave was ranked as one of the TIME100 most influential companies of 2024.
As the leader in the industry, we thrive in an environment where adaptability and resilience are key. Our culture offers career-defining opportunities for those who excel amid change and challenge. If you’re someone who thrives in a dynamic environment, enjoys solving complex problems, and is eager to make a significant impact, CoreWeave is the place for you. Join us, and be part of a team solving some of the most exciting challenges in the industry.
CoreWeave powers the creation and delivery of the intelligence that drives innovation.
About the Role: We are seeking an Operations Accounting Manager Leases 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 month-end close process.
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 this role, you will be responsible for all activities post agreement (lease) signature, maintain the single source of truth for all executed third-party agreements, and manage the ongoing obligations that result out of these third-party agreements 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 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.
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- 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.
- 3 years of lease accounting experience preferred.
- CPA, or CMA candidate preferred, with strong knowledge of U.S. GAAP.
- 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
- Applicants must have work authorization that does not require sponsorship from the company now or in the future.
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.
What We Offer
The range we’ve posted represents the typical compensation range for this role. To determine actual compensation, we review the market rate for each candidate which can include a variety of factors. These include qualifications, experience, interview performance, and location.
In addition to a competitive salary, we offer a variety of benefits to support your needs, including:
- 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
Our Workplace
While we prioritize a hybrid work environment, remote work may be considered for candidates located more than 30 miles from an office, based on role requirements for specialized skill sets. New hires will be invited to attend onboarding at one of our hubs within their first month. Teams also gather quarterly to support collaboration
California Consumer Privacy Act - California applicants only
CoreWeave is an equal opportunity employer, committed to fostering an inclusive and supportive workplace. All qualified applicants and candidates will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.
As part of this commitment and consistent with the Americans with Disabilities Act (ADA), CoreWeave will ensure that qualified applicants and candidates with disabilities are provided reasonable accommodations for the hiring process, unless such accommodation would cause an undue hardship. If reasonable accommodation is needed, please contact: [email protected].
Export Control Compliance
This position requires access to export controlled information. To conform to U.S. Government export regulations applicable to that information, applicant must either be (A) a U.S. person, defined as a (i) U.S. citizen or national, (ii) U.S. lawful permanent resident (green card holder), (iii) refugee under 8 U.S.C. § 1157, or (iv) asylee under 8 U.S.C. § 1158, (B) eligible to access the export controlled information without a required export authorization, or (C) eligible and reasonably likely to obtain the required export authorization from the applicable U.S. government agency. CoreWeave may, for legitimate business reasons, decline to pursue any export licensing process.
