What You'll Do- Own the end-to-end fixed asset lifecycle: capitalization, transfers, disposals, write-offs, and impairment assessments in accordance with US GAAP (ASC 360).
- Maintain and reconcile the fixed asset subledger, ensuring accuracy and completeness against the general ledger.
- Calculate and record monthly depreciation for all asset classes (GPU hardware, data center infrastructure, leasehold improvements, furniture & fixtures, and software).
- Partner with Supply Chain and DC Ops teams to evaluate capital vs. expense treatment for new hardware and infrastructure purchases.
- Prepare and review fixed asset roll-forward schedules, depreciation schedules, and supporting documentation for monthly and quarterly close.
- Support external audit requests related to fixed assets, including providing schedules, reconciliations, and explanations of accounting positions.
- Assist in the development and enforcement of the company's capitalization policy and related accounting procedures.
- Identify and implement process improvements to the fixed asset tracking and close processes, leveraging automation where possible.
- Collaborate with Tax to provide fixed asset data for tax depreciation schedules and support tax provision work.
- Assist in financial statement disclosures related to PP&E as part of the quarterly and annual reporting process.
You- Have 5+ years of fixed asset or general ledger accounting experience, with at least 2 years in a high-growth technology or infrastructure company.
- Have strong working knowledge of US GAAP, including ASC 360 (PP&E), ASC 350-40 (internal-use software), and ASC 842 (leases).
- Have experience with ERP systems (e.g., NetSuite, SAP, or Oracle); experience with fixed asset subledger modules is a plus.
- Bring strong analytical skills with a high degree of attention to detail and accuracy.
- Have a proven ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
- Are an effective communicator who can clearly explain accounting concepts to non-accounting stakeholders.
Nice to Have- Experience in a hardware-intensive technology company (data centers, cloud infrastructure, semiconductors, or similar).
- Familiarity with GPU or compute hardware procurement and asset tracking.
- Experience with FloQast or a similar close management tool.
- Prior involvement in audit readiness or preparation for an IPO or fundraising process.
- Hold a CPA license or are on the CPA track.
Salary Range InformationThe annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.
About Lambda- Founded in 2012, with 500+ employees, and growing fast
- Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove
- We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG
- Our values are publicly available: https://lambda.ai/careers
- We offer generous cash & equity compensation
- Health, dental, and vision coverage for you and your dependents
- Wellness and commuter stipends for select roles
- 401k Plan with 2% company match (USA employees)
- Flexible paid time off plan that we all actually use
A Final Note:You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.
