Senior Accountant - Fixed Assets

Lambda Inc.

Job Overview

Location

San Jose Office (First St)

Job Type

Full-time

Full Job Description

📋 Description

• Senior Accountant - Fixed Assets role responsible for managing the full lifecycle of fixed assets at Lambda Inc., a leader in AI cloud infrastructure serving tens of thousands of customers, ensuring accurate financial reporting and compliance with US GAAP.
• Day-to-day responsibilities include owning capitalization, transfers, disposals, write-offs, and impairment assessments; maintaining and reconciling the fixed asset subledger; calculating monthly depreciation for GPU hardware, data center infrastructure, leasehold improvements, furniture & fixtures, and software; partnering with Supply Chain and DC Ops on capital vs. expense treatment; preparing roll-forward and depreciation schedules; supporting external audits; developing capitalization policies; improving tracking processes via automation; collaborating with Tax on tax depreciation; and assisting in financial statement disclosures for PP&E.
• Lambda is a fast-growing AI cloud company founded in 2012 with 500+ employees, backed by prominent investors including NVIDIA, ARK Invest, and In-Q-Tel, with research published at top conferences like NeurIPS and SIGGRAPH, and a mission to make compute as ubiquitous as electricity.
• The role offers opportunity to deepen expertise in fixed asset accounting within a high-growth technology environment, contribute to audit readiness and financial close excellence, influence policy development, and gain exposure to cutting-edge AI infrastructure assets like GPUs and data center hardware.

🎯 Requirements

• 5+ years of years of fixed asset or general ledger accounting experience, with at least 2 years in a high-growth technology or infrastructure company
• Strong working knowledge of US GAAP, including ASC 360 (PP&E), ASC 350-40 (internal-use software), and ASC 842 (leases)
• Experience with ERP systems (e.g., NetSuite, SAP, or Oracle); fixed asset subledger module experience is a plus
• Strong analytical skills with high attention to detail and accuracy
• Proven ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
• Effective communicator who can explain accounting concepts to non-accounting stakeholders

🏖️ Benefits

• Generous cash & equity compensation
• Health, dental, and vision coverage for employee and dependents
• Wellness and commuter stipends for select roles
• 401k Plan with 2% company match (USA employees)
• Flexible paid time off plan

Skills & Technologies

Senior

Onsite

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Lambda Inc.

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About Lambda Inc.

Lambda Inc. provides cloud-based GPU clusters and workstations for artificial-intelligence research and development. The company designs and operates high-performance hardware infrastructure optimized for machine-learning workloads, offering on-demand access to NVIDIA GPUs, pre-configured deep-learning software stacks, and scalable storage. Customers include AI labs, universities, and enterprises training large language and computer-vision models. Founded in 2012, Lambda is headquartered in San Francisco and maintains data centers across North America and Europe.

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