Lambda

Accounting Manager – Fixed Assets, Leases

Lambda

full-time

Posted on:

Location Type: Hybrid

Location: San JoseCaliforniaUnited States

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Salary

💰 $165,000 - $248,000 per year

Job Level

Tech Stack

About the role

  • Manage accounting and reporting for $1.5B+ in fixed assets including GPU infrastructure, racks, cabling, and related equipment.
  • Oversee asset capitalization, classification, and useful life determinations in accordance with U.S. GAAP.
  • Ensure accurate depreciation calculations and reconciliation of the fixed asset subledger to the general ledger.
  • Oversee accounting for $200M+ in CIP related to GPU infrastructure deployments and data center buildouts.
  • Manage accounting and reporting for $500M+ in Right-of-Use (ROU) assets related to data center leases.
  • Prepare fixed asset and lease accounting schedules for monthly, quarterly, and annual close.

Requirements

  • Bachelor’s degree in Accounting or Finance
  • 7+ years of accounting experience with significant exposure to fixed asset and lease accounting
  • Experience managing large-scale fixed asset and lease portfolios ($2B+ preferred)
  • Strong understanding of U.S. GAAP fixed asset accounting and ASC 842 lease accounting
  • Experience managing Construction in Progress (CIP) and capital project accounting
  • Proficiency with ERP systems and fixed asset management modules
  • Strong analytical, organizational, and process improvement skills.
Benefits
  • Health, dental, and vision coverage for you and your dependents
  • 401k Plan with 2% company match (USA employees)
  • Flexible paid time off plan that we all actually use
  • Wellness and commuter stipends for select roles
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
fixed asset accountinglease accountingdepreciation calculationscapitalizationclassificationuseful life determinationsConstruction in Progress (CIP)process improvementfinancial reportingU.S. GAAP
Soft Skills
analytical skillsorganizational skills
Certifications
Bachelor’s degree in AccountingBachelor’s degree in Finance