What are the responsibilities and job description for the Head of Technical Accounting position at CoreWeave?
CoreWeave is searching for a Director, Technical Accounting. The ideal candidate will have a strong background in technical accounting, excellent written and analytical skills, and the ability to work collaboratively in a fast-paced environment. This role will ensure compliance with accounting standards, provide technical accounting guidance, and support the company’s financial reporting process, technical accounting, and reporting function.
Key responsibilities:
- Provide technical accounting guidance and support for complex transactions and new business initiatives, such as debt/equity financing, customer contracts, business combinations, and investment accounting, including embedded derivatives analysis.
- Write technical accounting memos for complex transactions, including but not limited to ASC 842, ASC360, ASC 606, ASC 805, ASC 470, ASC 718, ASC815, and ASC323.
- Research, interpret, and implement accounting standards and regulations (GAAP, IFRS)
- Develop, write, and maintain accounting policies and procedures
- Work closely with other departments (e.g., Revenue, FP&A, Tax, Legal) to provide accounting expertise and support
- Serve as a liaison and work with external auditors on technical accounting matters.
- Work with external valuation specialists to ensure complex transaction valuations are completed on a timely basis, including managing all inputs used in those valuations: derivatives valuation, 409A, special transaction valuations, etc.
- Foster a collaborative and high-performance culture within the accounting and finance team.
- Lead, mentor, and develop team members, providing training and development opportunities.
- Monitor the issuance of new FASB pronouncements, advise management of trends and changes in reporting requirements, and recommend and implement the best approach for any changes in reporting.
- Manage and perform ad hoc accounting research that supports accounting consultations for business transactions.
- Lead M&A due diligence and prepare work papers and memos according to ASC805.
- Work with the internal team to implement accounting policies and ensure compliance with internal control and SOX.
- Assist other teams with ad hoc accounting and reporting needs.
Requirements:
- A master's or bachelor’s degree in accounting or finance, CPA is required.
- 10 years of experience in leading technical accounting, including public accounting (Big Four experience preferred)
- Strong knowledge of GAAP, SEC regulations, and financial reporting requirements.
- Proven ability to research and interpret complex accounting issues.
- Excellent written and verbal communication skills, with the ability to present technical information clearly and concisely.
- Strong analytical and problem-solving skills, with attention to detail.
- Experience with ERP systems such as Netsuite and financial reporting tools.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Experience with IFRS and international accounting standards.
- Prior experience in a technology or software company.
- Strong project management skills and the ability to drive initiatives to completion.
Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $205,000/year in our lowest geographic market up to $240,000/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.
Salary : $205,000 - $240,000