Senior Manager, Revenue Accounting - Software and SaaS at CoreWeave

Sunnyvale, California, United States

CoreWeave Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
AI, Cloud Computing, SaaS, SoftwareIndustries

Requirements

  • (Details not provided in the original description)

Responsibilities

  • Lead the month-end close process for Revenue, Billing, and Commissions
  • Review financial close journal entries, reconciliations, and analyses, as well as fluctuation explanations
  • Present revenue and commissions related information to executives and others
  • Partner extensively with the Technical Revenue and Compute Revenue Accounting teams as well as others including FP&A, GL Accounting, Product Management, Revenue Operations, and Sales
  • Proactively identify opportunities for both large and small process improvements and propose and implement solutions
  • Be the leader for Commercial Accounting on certain high-profile projects and system implementations
  • Improve the Company’s revenue accounting process to increase automation and reporting capabilities and efficiency
  • Hire into and develop the Software and SaaS Revenue Accounting team
  • Own the revenue forecast in partnership with FP&A
  • Design, implement, and perform numerous SOX controls
  • Evaluate new product introductions or upstream process changes for impact
  • Lead the Software and SaaS Revenue Accounting team
  • Develop and automate revenue accounting processes
  • Review contracts for ASC 606 accounting treatment
  • Perform SOX internal controls
  • Contribute to revenue forecasting and reporting
  • Partner with various internal teams (FP&A, GL Accounting, Product Management, Revenue Operations, Sales)
  • Identify and implement process improvements

Skills

ASC 606
SOX
Revenue Recognition
SaaS Accounting
Month-End Close
Journal Entries
Reconciliations
Revenue Forecasting
Deferred Commissions
SOX Controls

CoreWeave

Cloud service for GPU-accelerated workloads

About CoreWeave

CoreWeave provides cloud computing services that focus on GPU-accelerated workloads, which are essential for tasks requiring high computational power. Their services cater to industries such as artificial intelligence, machine learning, visual effects rendering, and data processing. Clients can access powerful computing resources on a pay-as-you-go basis, allowing them to avoid the costs of purchasing expensive hardware. CoreWeave's infrastructure utilizes a bare metal serverless Kubernetes platform, which enhances performance while minimizing operational complexity for users. This setup enables clients to optimize their computing needs with a variety of NVIDIA GPUs, ensuring they can balance performance and cost effectively. The company's goal is to offer flexible and scalable computing solutions that meet the demands of diverse clients, from tech companies to film studios.

New York City, New YorkHeadquarters
2017Year Founded
$1,625.4MTotal Funding
SECONDARYCompany Stage
Enterprise Software, AI & Machine LearningIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Tuition Reimbursement
Mental Health Support
Family Planning Benefits
Paid Parental Leave
Hybrid Work Options
401(k) Company Match
Unlimited Paid Time Off
Catered lunch each day in our office and data center locations
A casual work environment

Risks

Increased competition from Vultr, backed by AMD, may impact CoreWeave's market share.
The planned IPO in 2025 could expose CoreWeave to market volatility and scrutiny.
Reliance on NVIDIA GPUs poses risks if supply chain issues arise.

Differentiation

CoreWeave specializes in GPU-accelerated workloads, catering to AI and high-performance computing.
Their infrastructure uses a bare metal serverless Kubernetes platform for high performance.
CoreWeave offers a flexible pay-as-you-go pricing model, appealing to cost-conscious clients.

Upsides

CoreWeave's partnership with Dell enhances infrastructure, attracting clients seeking advanced AI solutions.
The $600M data center funding in Virginia supports CoreWeave's expansion in the AI cloud market.
Experienced leadership, like CIO Sandy Venugopal, positions CoreWeave for strategic growth.

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