The posting
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 office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.
The Accounting team at Lambda owns the integrity of our financial statements as the company scales at extraordinary speed across a growing number of legal entities, currencies, and business lines. As Lambda prepares for the rigor of being a public company, this team is building the consolidation processes, systems, and controls that will support that next chapter — accurately, efficiently, and at scale.
What You’ll Do
- Own end-to-end intercompany transactions across all legal entities, including the full cycle of intercompany from recording, reconciliation, eliminations, to settlements of intercompany transactions such as management fees, transfer pricing, capital injections, cost allocations, loans, royalties, and inventory / fixed asset / service transfers, etc.
- Maintain intercompany policies, procedures, and process documentation, and ensure consistent treatment across entities. Design, document, and continuously improve the intercompany accounting policy.
- Serve as the business process owner for NetSuite intercompany accounting to ensure proper elimination at the right levels for consolidation. Partnering with Financial Systems on configuration, enhancements, and automating world-wide intercompany processes.
- Partner with Tax team to support intercompany transfer pricing policies and dispute-resolution workflows between entities.
- Partner with Treasury team to support entity forming, capital injection, on-going intercompany settlements, etc.
- Act as the interface between Accounting Operations, Technical Accounting, and Financial Systems to ensure consolidation requirements are reflected in system design.
- Serve as SOX control owner for intercompany-related controls; ensure controls are properly designed, evidenced, and operating effectively, and partner with Internal Audit and external auditors on testing.
- Manage statutory reporting requirements and local GAAP-to-US GAAP adjustments across international subsidiaries, in partnership with local finance teams and external advisors.
- Help build IPO-ready consolidation infrastructure.
- Support the year-end audit by preparing consolidation-related audit deliverables and serving as a key point of contact for auditors on consolidation matters.
You
- 5+ years of progressive intercompany accounting experience, including significant time in the consolidations of international corporations with multi-entities.
- Bachelor's degree in Accounting, Finance, or a related field
- Deep hands-on experience with NetSuite OneWorld. Extensive experience with NetSuite Advanced Intercompany Module, and automated Elimination is a strong plus.
- Strong technical accounting knowledge of consolidation principles under US GAAP (ASC 810, ASC 830 foreign currency, ASC 805 business combinations as applicable).
- Experience partnering cross-functionally with Technical Accounting, Accounting Operations, FP&A, Tax, and Financial Systems teams.
- Excellent communication skills, with the ability to explain complex consolidation and technical accounting concepts to non-accounting stakeholders.
- High attention to detail and comfort operating in a fast-paced, high-growth environment with evolving processes.
Nice to Have
- CPA preferred.
- Prior experience at a company that scaled through an IPO or was preparing for one (S-1 process, auditor readiness, public company reporting timelines).
- Experience with consolidation or close automation tools (e.g., Coupa, BlackLine, Pigment, Workday integrated with NetSuite).
- Experience with multi-currency, multi-entity structures spanning international subsidiaries and local statutory reporting.
- Experience with equity accounting for non-controlling interests, joint ventures, or variable interest entities.
- Experience in a capital-intensive or infrastructure-heavy business (e.g., data centers,
- cloud infrastructure, hardware).
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
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.
