Senior Accountant – Fixed Assets

Lambda

Senior Accountant managing fixed asset lifecycle, ensuring compliance and accuracy for AI cloud company. Collaborates with cross-functional teams for financial reporting and policy enforcement.

Posted 6/29/2026full-timeSan Jose • California • 🇺🇸 United StatesSenior💰 $128,000 - $170,000 per yearWebsite

Tech Stack

Tools & technologies

ERPOracle

About the role

Key responsibilities & impact

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.

Requirements

What you’ll need

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.

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Fixed Asset Lifecycle ManagementDepreciation CalculationGeneral Ledger ReconciliationCapitalization Policy DevelopmentImpairment Assessment

Soft Skills

Attention to DetailTime ManagementCollaboration