Accounting Manager at Lambda

San Jose, California, United States

Lambda Logo
$165,000 – $248,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Technology, Artificial Intelligence, Cloud ComputingIndustries

Requirements

  • Bachelor’s degree in Accounting or Finance, or a related field; CPA strongly preferred
  • 5-7+ years of progressive accounting experience, including public accounting (Big 4 or large regional firm) and at least 2 years in a supervisory or management role
  • Strong knowledge of US GAAP, SEC Reporting and SOX compliance
  • Experience with NetSuite
  • Strong analytical, organizational, and problem-solving skills with a keen eye for detail
  • Excellent communication and leadership abilities with proven experience managing a team
  • Ability to thrive in a dynamic, high-growth, and deadline-driven environment

Responsibilities

  • Lead and manage the monthly, quarterly, annual close process, including preparation and review of journal entries, reconciliations, and supporting schedules
  • Oversee and review journal entries and account reconciliations for accuracy and completeness
  • Partner with external auditors and provide requested documentation to support quarterly reviews and annual audits
  • Supervise, mentor, and develop a team of staff and senior accountants
  • Support preparation of SEC filings (10-K, 10-Q, 8-K, proxy statements) in compliance with US GAAP and SEC regulations
  • Collaborate with Sales Operations, FP&A, Tax, HR and other functions to ensure proper accounting and reporting of transactions
  • Identify and lead process improvements and automation to drive efficiencies and strengthen internal controls
  • Participate in special projects such as system enhancements, acquisitions, and integration activities

Skills

Key technologies and capabilities for this role

NetSuiteUS GAAPSEC ReportingSOX ComplianceJournal EntriesAccount ReconciliationsFinancial CloseSEC FilingsAuditingTeam Management

Questions & Answers

Common questions about this position

What is the salary range for the Accounting Manager position?

The salary range is $165K - $248K, though a higher or lower salary may be appropriate based on qualifications differing from those listed.

Is this a remote, hybrid, or in-office role?

This is a hybrid role requiring presence in the San Jose office 4 days per week, with Tuesday designated as the work-from-home day.

What are the key required skills and qualifications for this role?

Candidates need a Bachelor’s degree in Accounting or Finance (CPA strongly preferred), 5-7+ years of progressive accounting experience including public accounting and 2+ years in a supervisory role, strong knowledge of US GAAP, SEC Reporting and SOX compliance, experience with NetSuite, and strong analytical, organizational, problem-solving, communication, and leadership skills.

What is the company culture like at Lambda?

Lambda is a fast-growing company with ~400 employees (2025 projection) in a dynamic, high-growth, deadline-driven environment focused on building AI factories, offering generous cash & equity compensation.

What makes a strong candidate for this Accounting Manager role?

A strong candidate has Big 4 or large regional public accounting experience, supervisory background, CPA certification, NetSuite proficiency, and the ability to handle a fast-paced tech environment with process automation skills and comfort with ambiguity.

Lambda

Cloud-based GPU services for AI training

About Lambda

Lambda Labs provides cloud-based services for artificial intelligence (AI) training and inference, focusing on large language models and generative AI. Their main product, the AI Developer Cloud, utilizes NVIDIA's GH200 Grace Hopper™ Superchip to deliver efficient and cost-effective GPU resources. Customers can access on-demand and reserved cloud GPUs, which are essential for processing large datasets quickly, with pricing starting at $1.99 per hour for NVIDIA H100 instances. Lambda Labs serves AI developers and companies needing extensive GPU deployments, offering competitive pricing and infrastructure ownership options through their Lambda Echelon service. Additionally, they provide Lambda Stack, a software solution that simplifies the installation and management of AI-related tools for over 50,000 machine learning teams. The goal of Lambda Labs is to support AI development by providing accessible and efficient cloud GPU services.

San Jose, CaliforniaHeadquarters
2012Year Founded
$372.6MTotal Funding
DEBTCompany Stage
AI & Machine LearningIndustries
201-500Employees

Risks

Nebius' holistic cloud platform challenges Lambda's market share in AI infrastructure.
AWS's 896-core instance may draw customers seeking high-performance cloud solutions.
Existential crisis in Hermes 3 model raises concerns about Lambda's AI model reliability.

Differentiation

Lambda offers cost-effective Inference API for AI model deployment without infrastructure maintenance.
Nvidia HGX H100 and Quantum-2 InfiniBand Clusters enhance Lambda's AI model training capabilities.
Lambda's Hermes 3 collaboration showcases advanced AI model development expertise.

Upsides

Inference API launch attracts enterprises seeking low-cost AI deployment solutions.
Nvidia HGX H100 clusters provide competitive edge in high-performance AI computing.
Strong AI cloud service growth indicates rising demand for Lambda's GPU offerings.

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