Accounting Manager at Lambda

San Jose, California, United States

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$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

NetSuite

US GAAP

SEC Reporting

SOX Compliance

Journal Entries

Account Reconciliations

Financial Close

SEC Filings

Auditing

Team Management

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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