Full Job Description
About the Role
The Senior Operations Accountant will support the monthly close and financial reporting for Cerebras's inventory, manufacturing cost, and global lease portfolios. Reporting to the Lease Accounting Manager, this role will own recurring reconciliations, journal entries, and supporting analyses; partner with Operations, Supply Chain, Procurement, Facilities, Accounts Payable, and Financial Reporting; and help strengthen processes and controls as the business scales.
Responsibilities:
Inventory and Cost Accounting
• Own monthly inventory subledger-to-general-ledger reconciliations, investigate variances, and prepare related journal entries and close support.
• Calculate and account for inventory rebates, wafer manufacturing yield losses, manufacturing and facilities allocations, freight, tariffs, and other inventory-related costs in accordance with company policy.
• Monitor inventory classification across raw materials, work in process, and finished goods, including inventory held at contract manufacturers and other third-party locations.
• Analyze inventory movements, cost changes, manufacturing variances, yield, scrap, and excess and obsolete inventory; partner with Operations and Supply Chain to investigate and resolve issues.
• Support inventory reserve, write-off, and disposition analyses, as well as physical inventory counts and related audit documentation.
Lease Accounting
• Execute monthly accounting for Cerebras's global data center and office lease portfolio under ASC 842, including journal entries, reconciliations, rollforwards, payment schedules, and flux analysis.
• Support the review of new, modified, and terminated lease arrangements and coordinate accounting conclusions with the Lease Accounting Manager and Technical Accounting.
• Maintain lease population completeness by partnering with Facilities, Procurement, Legal, and Accounts Payable to identify new agreements, amendments, terminations, and payment changes.
• Prepare quarter-end lease schedules and support financial statement disclosures and the SEC reporting process.
Audit Controls and Business Partnership
• Prepare schedules and supporting documentation for internal and external audit requests related to inventory, manufacturing cost, and lease accounting.
• Maintain process documentation and control evidence for key inventory and lease close activities.
• Partner with cross-functional teams to improve upstream data quality, resolve transaction issues, and explain financial statement impacts clearly.
• Improve and automate recurring processes, including the responsible use of AI-enabled tools, while maintaining appropriate review and control procedures.
Qualifications
• Bachelor's degree in Accounting, Finance, or a related field.
• Four or more years of progressive accounting experience; experience in manufacturing, semiconductor, hardware, or infrastructure-intensive environments is preferred.
• Strong knowledge of U.S. GAAP, including inventory valuation and costing under ASC 330 and lease accounting under ASC 842.
• CPA or CMA certification is preferred.
• Strong NetSuite and Excel skills, including pivot tables, lookups, and data modeling; experience with Power Query, lease accounting systems, or similar automation tools is a plus.
• Ability to analyze large and sometimes unstructured datasets, document conclusions, manage competing priorities, and meet close deadlines.
• Clear written and verbal communication skills and the ability to work effectively with finance and operational stakeholders.
Additional Information
• Location: Sunnyvale, California, with three days per week in the office.
