Manager, Financial Reporting

Reposted Yesterday
Be an Early Applicant
2 Locations
Hybrid
173K-230K Annually
Senior level
Software
The Role
The Manager of Financial Reporting will oversee the preparation of financial statements in compliance with SEC and U.S. GAAP, support audits, enhance accounting policies, and lead process improvements within financial reporting.
Summary Generated by Built In

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.

What You’ll Do

  • IPO & Financial Reporting

    • Support preparation and review of the S-1, including financial statements, MD&A, and footnotes in line with SEC and U.S. GAAP requirements

    • Partner with FP&A, Legal, and Investor Relations to ensure reporting aligns with the overall S-1 narrative

    • Work with auditors, valuation specialists, and legal counsel to support filing and audit readiness

    • Prepare monthly, quarterly, and annual financial statements in compliance with U.S. GAAP and future SEC reporting requirements (10-K, 10-Q)

    • Assist with non-GAAP reconciliations, key metrics, and investor-facing disclosures

  • Technical Accounting & Policy Development

    • Draft and maintain technical accounting memos to support audits and SEC review

    • Support SOX 404(a) readiness by improving documentation and key controls over financial reporting

    • Help develop and update accounting policies and procedures in line with the U.S. GAAP

  • Process Improvement & Team Development

    • Support monthly, quarterly, and annual close to ensure consistent application of accounting policies

    • Partner with cross-functional teams to assess and document accounting impacts of new initiatives and contracts

    • Improve accounting processes, strengthen controls, and increase automation

    • Monitor new FASB guidance and support implementation of reporting changes

    • Provide guidance to team members on technical accounting topics

    • Support ad-hoc and special projects related to accounting and reporting

You

  • 7+ years of accounting experience, including strong exposure to technical accounting and financial reporting

  • Active CPA license

  • Strong knowledge of U.S. GAAP and experience researching technical issues

  • Experience at a Big 4 firm and/or high-growth technology company

  • Proficient in accounting systems (NetSuite preferred) and Excel

  • Strong written and verbal communication skills

  • Well-organized with strong time management and attention to detail

  • Self-starter who can work independently and meet deadlines

  • Comfortable in a fast-paced, evolving environment

  • Curious, proactive, and eager to learn

Nice to Have

  • Experience supporting an S-1 filing and transition to public company reporting

  • Background in a national office or accounting advisory practice

  • Experience in a startup or high-growth technology company

  • Familiarity with AI, SaaS/IaaS, or consumption-based models

  • Knowledge of SEC reporting requirements

  • Experience implementing new accounting standards

  • Experience improving processes and supporting system implementations

  • Ability to simplify complex topics and build scalable processes

  • Comfortable working in ambiguous, fast-paced environments

  • Proactive mindset with a track record of driving improvements

Salary Range Information

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

  • Founded in 2012, with 500+ employees, and growing fast

  • Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove

  • We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

  • Our values are publicly available: https://lambda.ai/careers

  • We offer generous cash & equity compensation

  • 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

A Final Note:

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.

Skills Required

  • 7+ years of accounting experience
  • Active CPA license
  • Strong knowledge of U.S. GAAP
  • Experience at a Big 4 firm or high-growth technology company
  • Proficient in accounting systems (NetSuite preferred) and Excel

Lambda Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lambda and has not been reviewed or approved by Lambda.

  • Fair & Transparent Compensation Pay is considered competitive for an AI infrastructure company, with posted ranges and observed offers indicating strong packages for senior technical roles. Compensation is often characterized as competitive or top‑shelf, aligning with market expectations.
  • Healthcare Strength Health, dental, and vision coverage are characterized as strong, with broad‑network plans noted and positive experiences highlighted. This foundation supports overall satisfaction with core insurance benefits.
  • Leave & Time Off Breadth Flexible or unlimited PTO is described as actually used, complemented by paid holidays and sick time. Generous parental leave examples further expand the time‑off offering.

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The Company
HQ: San Francisco, CA
106 Employees
Year Founded: 2012

What We Do

Lambda provides computation to accelerate human progress. We're a team of Deep Learning engineers building the world's best GPU workstations and servers. Our products power engineers and researchers at the forefront of human knowledge. Customers include Microsoft, MIT, Los Alamos National Lab, Disney, Tencent, Kaiser Permanente, Stanford, Harvard, Caltech, and the Department of Defense.

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