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Senior Manager, Revenue Accounting - job 2 of 2

CoreWeave is the AI Hyperscaler™, delivering cutting-edge cloud services for AI. We seek a dynamic Senior Manager for our Revenue Accounting function who excels in problem-solving and leading teams.

Skills

  • Revenue Accounting
  • Financial Analysis
  • Process Improvement
  • Team Leadership
  • Netsuite ARM

Responsibilities

  • Lead the month-end close process for Revenue and Commissions
  • Review financial close journal entries and reconciliations
  • Present revenue information to executives
  • Partner with various teams to enhance processes
  • Identify and implement process improvements
  • Lead high-profile projects and system implementations
  • Evaluate impacts on Revenue Accounting from process changes

Education

  • Bachelor's degree in Accounting or related field

Benefits

  • 100% paid Medical, dental, and vision insurance
  • Company-paid Life Insurance
  • Short and long-term disability insurance
  • Tuition Reimbursement
  • Flexible PTO
  • 401(k) with employer match
To read the complete job description, please click on the ‘Apply’ button
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CEO of CoreWeave
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Michael Intrator
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Average salary estimate

$180000 / YEARLY (est.)
min
max
$160000K
$200000K

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What You Should Know About Senior Manager, Revenue Accounting , CoreWeave

Are you ready to take your career to the next level? CoreWeave, the leading AI Hyperscaler™, is looking for a Senior Manager, Revenue Accounting to join our dynamic team in Sunnyvale, CA or Bellevue, WA. In this pivotal role, you'll not only lead the Revenue Accounting team but also drive the evolution of our revenue processes through automation and innovation. With a focus on building efficient workflows, you’ll manage the month-end close process, oversee revenue forecasting, and ensure accurate financial reporting. Your expertise will be crucial as you partner with various teams including Technical Revenue, FP&A, and Sales, making a substantial impact on the company’s future and bottom line. You’ll have the autonomy to propose enhancements and implement SAO controls, while also playing a critical role in hiring and training your team. With CoreWeave, you’re not just filling a position; you are seizing an opportunity to be part of an exciting, fast-paced environment that values resilience and creativity. If you have a background in revenue accounting within a tech ecosystem, and are passionate about building robust systems, we want to hear from you! Explore your potential with CoreWeave and join us in optimizing the intelligence that drives innovation in the industry.

Frequently Asked Questions (FAQs) for Senior Manager, Revenue Accounting Role at CoreWeave
What are the responsibilities of a Senior Manager, Revenue Accounting at CoreWeave?

As a Senior Manager, Revenue Accounting at CoreWeave, you will be tasked with leading the month-end close process for revenue accounts, overseeing revenue forecasts, and ensuring thorough financial reporting. Your role will also include hiring and training a team of revenue accountants, designing SOX controls, and collaborating with multiple departments such as Technical Revenue and FP&A to streamline processes and improve efficiency.

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What qualifications are required for the Senior Manager, Revenue Accounting position at CoreWeave?

To be considered for the Senior Manager, Revenue Accounting position at CoreWeave, candidates should have at least five years of experience in Revenue Accounting, ideally within a high-growth technology company. A minimum of two years in a managerial role at a public company is also required. Familiarity with ASC 606 and deep knowledge of Netsuite ARM are crucial, along with strong organizational skills and the ability to communicate effectively across teams.

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How does CoreWeave support the growth of the Revenue Accounting team?

CoreWeave is dedicated to investing in our people. As a Senior Manager, you'll have the opportunity to shape the growth of the Revenue Accounting team by hiring skilled professionals and developing their talents. The company fosters a culture of adaptability and continuous improvement, encouraging you to identify process enhancements and implement innovative solutions for better efficiency.

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What is CoreWeave's approach to workplace flexibility for the Senior Manager, Revenue Accounting role?

CoreWeave embraces a hybrid work environment, allowing for a blend of in-office and remote work, depending on individual preferences. For the Senior Manager, Revenue Accounting role, candidates who live outside our office locations may still be considered for remote work, provided they possess the necessary skills and background. We also provide onboarding training at one of our hubs to ensure you have the support needed for a smooth start.

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Can you detail the compensation and benefits associated with the Senior Manager, Revenue Accounting role at CoreWeave?

The compensation for the Senior Manager, Revenue Accounting at CoreWeave ranges from $160,000 to $200,000, reflecting a competitive salary based on various factors such as experience and location. In addition to salary, CoreWeave offers a comprehensive benefits package including full medical, dental, and vision coverage, life insurance, a 401(k) plan with an employer match, and flexible PTO, all designed to support your well-being and professional growth.

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Common Interview Questions for Senior Manager, Revenue Accounting
What strategies do you use to ensure timely and accurate financial close processes?

To ensure timely and accurate financial close processes, I prioritize meticulous planning and cross-team collaboration. I often develop a detailed timeline for close activities, establish checkpoints, and leverage automation tools to streamline manual tasks, allowing the team to focus on accuracy.

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Can you describe your experience with ASC 606 compliance?

My experience with ASC 606 compliance includes working with cross-functional teams to establish processes aligned with the new revenue recognition standards. This involved training the revenue team on the implications of ASC 606 and implementing effective tracking methods to ensure compliance and accuracy.

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How have you improved revenue accounting processes in your previous roles?

In my previous roles, I’ve improved revenue accounting processes by identifying bottlenecks and proposing automation solutions. For example, I led the implementation of a new ERP system, which reduced manual data entry by 40% and significantly improved the accuracy of our revenue forecasts.

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Describe a challenging project you led and how you ensured its success.

A challenging project I led was the integration of an automated revenue recognition system. I ensured its success by fostering collaboration between the accounting team and IT, conducting regular progress meetings, and being open to feedback to address any issues quickly.

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What do you consider key SOX controls in Revenue Accounting?

Key SOX controls in Revenue Accounting include controls over revenue recognition, ensuring that revenue is recorded in the correct periods, and maintaining thorough documentation. Regular reconciliation and reviews of financial reports are also essential to ensure compliance and integrity.

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How do you prioritize tasks during the month-end close?

During month-end close, I prioritize tasks by categorizing them based on urgency and impact. I set clear deadlines for myself and my team, focusing first on critical entries and reconciliations that affect overall financial reporting. This structured approach minimizes delays.

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What metrics do you track to evaluate the performance of your accounting team?

To evaluate my accounting team's performance, I track metrics such as the accuracy of financial reports, the timeliness of close processes, and the number of process improvements implemented. I also gauge team satisfaction through regular feedback sessions.

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How do you handle discrepancies in financial reporting?

When I encounter discrepancies in financial reporting, I take a systematic approach. I investigate the root cause, collaborate with relevant team members to gather information, and implement corrective actions. Open communication is key to resolving issues efficiently.

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What is your experience with Netsuite ARM?

I have substantial experience with Netsuite ARM, having utilized it to streamline revenue management processes. I have effectively customized reports, managed data migrations during upgrades, and provided training to team members to maximize the system's efficiency and usability.

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Why do you believe you are a good fit for the Senior Manager, Revenue Accounting role at CoreWeave?

I believe I’m a good fit for the Senior Manager, Revenue Accounting role at CoreWeave because of my extensive experience in high-growth tech environments and my proven track record in improving revenue processes. I thrive in dynamic settings and am passionate about creating innovative solutions that drive success.

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CoreWeave is an NVIDIA backed, fast-growing cloud provider for GPU-accelerated workloads at enterprise scale. The company was founded in 2017 and since then has profited massively from the boom in generative AI seen in 2023.

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$160,000/yr - $200,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 11, 2024

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