Role Overview

The Cost Accounting Manager, Compute will own the accounting for the single largest and most complex area of our cost base: compute. GPU capacity is the core of our business, and getting its accounting right - how we capitalize, depreciate, lease, and expense the infrastructure that powers our platform - is mission-critical to how we understand our unit economics and report our results.

This is a hands-on, high-ownership individual-contributor role. You will own the compute cost, lease, and fixed asset agenda end-to-end while doing the work directly - booking entries, maintaining subledgers, and running reconciliations - and stand up the processes and controls to make it all scale, leveraging the latest AI tools. You will partner closely with Infrastructure, Strategic Finance, and Procurement to turn a fast-moving, capital-intensive cost structure into clean, reliable numbers.

What You'll Do
Compute Cost Accounting

• Own the accounting for the company's compute costs, including GPU capacity, cloud/data-center spend, colocation, power, and networking.
• Read and interpret compute, cloud, and vendor agreements - commitments, minimums, tiered pricing, credits, and prepayment terms - and apply the correct US GAAP treatment on the books.
• Build and maintain accruals, prepaid amortization schedules, and reserve estimates for compute commitments and consumption.
• Reconcile vendor invoices and usage data to contractual terms, investigating variances and driving resolution with Infrastructure and Procurement.
• Partner with Strategic Finance to tie compute spend to capacity, utilization, and unit economics.
• Design and stand up scalable processes and controls for a rapidly growing and evolving cost base.

Lease Accounting (ASC 842)

• Own lease accounting for data-center, colocation, equipment, and real estate arrangements.
• Abstract new and modified contracts, assess lease classification (finance vs. operating), and identify embedded leases within compute/hosting agreements.
• Maintain the lease subledger - ROU assets, lease liabilities, remeasurements - and prepare related journal entries and disclosures.
• Ensure completeness of the lease population and own the lease accounting system.

Fixed Asset Accounting

• Own the fixed asset lifecycle: capitalization, depreciation, transfers, impairments, and disposals, with a focus on compute hardware and infrastructure.
• Maintain the fixed asset register and roll-forward, and track construction/assets in progress (CIP) for GPU deployments and data-center buildouts through to in-service capitalization.
• Recommend and document capitalization and useful-life policies in partnership with Finance leadership.
• Partner with Infrastructure on capex tracking, asset tagging, and periodic physical verification, and reconcile the fixed asset subledger to the GL.

Close, Reporting & Cross-Functional Partnership

• Own the monthly, quarterly, and annual close for compute, lease, and fixed asset areas - journal entries, reconciliations, and flux analysis.
• Prepare supporting schedules and disclosures for internal and external reporting.
• Serve as the go-to resource on compute cost, lease, and fixed asset questions across the business.
• Support external audit requests and help design controls as the company scales.

Qualifications
Required

• 5-7 years of progressive accounting experience in cost accounting, lease accounting, fixed asset accounting, or technical accounting.
• Bachelor's degree in Accounting, Finance, or related field.
• Hands-on expertise across cost accounting, lease accounting (ASC 842), and fixed asset accounting.
• Strong understanding of US GAAP as it applies to capitalization, depreciation, leases, and accruals.
• Ability to read and interpret vendor and commercial agreements and independently determine the appropriate accounting treatment.
• Experience supporting audits and operating in a SOX-like control environment.
• Experience with ERP systems.
• Strong communication and stakeholder management abilities.
• High agency - you set your own priorities, make decisions independently, and drive work to completion in an environment where processes and reporting lines are still evolving.

Preferred

• CPA or equivalent certification.
• Experience at a high-growth software, cloud infrastructure, AI, or other capital-intensive technology company.
• Experience accounting for technology infrastructure assets such as servers, GPUs, or networking equipment.
• Genuinely comfortable adopting AI tools to automate reconciliations, analyze large usage/spend datasets, and streamline the close.
• Experience with NetSuite
• Experience building accounting processes from the ground up.

Compensation & Benefits

• Competitive base salary
• Meaningful equity in a rapidly growing AI company
• Comprehensive benefits package (health, dental, and vision)

How We Work (please read)

fal is intentionally flat: there are very few titles, and almost everyone reports to a senior leader rather than a layer of managers. People here are excited about the AI space, take real ownership, move fast, and aren't focused on titles or hierarchy. If a messy, high-autonomy, build-as-you-go environment sounds energizing rather than stressful, you'll thrive.