Accounting Manager – Fixed Assets, Leases

Lambda

Fixed Asset & Lease Accounting Manager overseeing accounting for capital assets, fixed assets, and leases at Lambda. Managing $1.5B+ in accounting for GPU infrastructure and asset lifecycle.

Posted 4/16/2026full-timeSan Jose • California • 🇺🇸 United StatesSeniorLead💰 $165,000 - $248,000 per yearWebsite

Tech Stack

Tools & technologies

ERP

About the role

Key responsibilities & impact

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

What you’ll need

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

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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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