Senior Associate - Technical Accounting

Lambda•San Jose, CA

1d•Onsite

About The Position

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU. If you'd like to build the world's best AI cloud, join us. Note: This position requires presence in our San Jose or San Francisco office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

Requirements

Bachelor’s degree in Accounting, Finance, or related field
4+ years of experience in technical accounting, preferably within a Big 4 firm and/or a publicly traded company
Active CPA required
Strong knowledge of the U.S. GAAP with experience analyzing complex and non-routine transactions (e.g., revenue recognition, leases, equity, debt, business combinations)
Proven ability to research accounting guidance and prepare clear, well-supported technical accounting memos
Understanding of SEC reporting and disclosure requirements
Experience partnering cross-functionally to assess accounting implications of business initiatives
Familiarity with ERP and reporting tools (e.g., NetSuite, Workiva)
Advanced Excel skills and strong analytical capabilities
Excellent written and verbal communication skills, with the ability to translate technical guidance into practical recommendations
Detail-oriented, proactive, and comfortable operating in a fast-paced environment

Nice To Haves

Big 4 audit or accounting advisory experience with strong technical accounting expertise
Deep knowledge of ASC 606 (revenue), ASC 842 (leases), and ASC 718 (stock-based compensation), including memo preparation and policy development
Experience with pre-IPO technical matters, including equity instruments, preferred stock, warrants, EPS, and SEC reporting considerations
Strong understanding of the U.S. GAAP financial reporting, including preparation and review of financial statements and footnote disclosures
Experience supporting IPO readiness, S-1/10-K preparation, and PCAOB audits
Background in high-growth, pre-IPO or public technology companies (SaaS/AI preferred)
Exposure to M&A and purchase accounting, particularly in revenue and equity-related areas
Demonstrated ability to strengthen controls and build scalable accounting processes in fast-paced environments

Responsibilities

Lead technical accounting research and prepare memos for complex, non-routine transactions in accordance with U.S. GAAP
Analyze accounting implications of significant transactions, including revenue, equity, debt, business combinations, leases, and stock-based compensation
Partner cross-functionally (Legal, Tax, FP&A, Treasury) to assess accounting impacts and provide guidance ahead of execution
Develop and maintain accounting policies; evaluate and implement new FASB and SEC guidance in preparation for public company readiness
Support IPO readiness efforts, including drafting technical disclosures, assisting with S-1/10-K preparation, and enhancing financial statement presentation
Assist with consolidated financial statement preparation, footnotes, and reporting package reviews to ensure accuracy and SEC compliance
Support external audits and SOX readiness by preparing documentation, strengthening controls, and improving close and reporting processes
Contribute to M&A, system implementations, and other strategic initiatives to support company growth