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Lambda is a leader in AI cloud infrastructure serving tens of thousands of customers globally, from AI researchers to enterprises and hyperscalers. The company is scaling rapidly and preparing for public company operations.
The Accounting team owns financial statement integrity as Lambda expands across multiple legal entities, currencies, and business lines. This role leads consolidation processes, systems, and controls to support Lambda's path to becoming a public company.
Key Responsibilities:
- Own end-to-end consolidation of financial statements across all legal entities, including intercompany eliminations, foreign currency translation, minority interest, and consolidating journal entries
- Serve as business process owner for NetSuite consolidations, intercompany accounting, and multi-entity structures; partner with Financial Systems on configuration and entity onboarding
- Design and continuously improve intercompany accounting policies, including transfer pricing agreements, billing mechanics, and reconciliation workflows
- Partner with Tax team on transfer pricing policies and settlements
- Interface between Accounting Operations, Technical Accounting, and Financial Systems to ensure consolidation requirements are reflected in system design and close calendars
- Own coordination of the accounting close calendar, driving adherence across corporate and subsidiary teams
- Lead process and system design for consolidations as Lambda adds entities, currencies, and business lines
- Serve as SOX control owner for consolidation and intercompany controls; ensure proper design, evidence, and operating effectiveness
- Partner with Technical Accounting on accounting treatment for new entity structures, acquisitions, equity investments, and non-controlling interests
- Prepare and review consolidated financial statements, elimination entries, and supporting schedules for monthly, quarterly, and annual reporting
- Manage statutory reporting requirements and local GAAP-to-US GAAP adjustments across international subsidiaries
- Build IPO-ready consolidation infrastructure including scalable close processes, system controls, and reporting capabilities
- Drive automation and continuous improvement of consolidation processes to reduce manual effort and close risk
- Support year-end audit by preparing consolidation deliverables and serving as key contact for auditors
- Mentor and develop accounting staff supporting consolidation and intercompany close
Required Qualifications:
- 7+ years progressive accounting experience with significant consolidations and multi-entity/intercompany accounting; Big 4 or national firm experience strongly preferred
- CPA required
- Deep hands-on experience with NetSuite OneWorld, including intercompany management, multi-subsidiary consolidation, and elimination functionality
- Strong technical accounting knowledge of consolidation principles under US GAAP (ASC 810, ASC 830, ASC 805)
- Experience designing and owning SOX controls with direct auditor partnership
- Track record building or significantly improving consolidation and close processes at high-growth, multi-entity companies
- Cross-functional partnership experience with Technical Accounting, Accounting Operations, FP&A, Tax, and Financial Systems
- Strong project management skills for system and process design initiatives
- Excellent communication skills explaining complex consolidation concepts to non-accounting stakeholders
- High attention to detail and comfort in fast-paced, high-growth environments
Nice to Have:
- Prior experience at companies scaling through IPO or preparing for one
- Experience with consolidation or close automation tools (BlackLine, OneStream, Trintech) integrated with NetSuite
- Multi-currency, multi-entity structures spanning international subsidiaries
- Equity accounting for non-controlling interests, joint ventures, or variable interest entities
- Experience in capital-intensive or infrastructure-heavy businesses
Work Arrangement: Requires presence in San Jose or San Francisco office 4 days per week; Tuesday is designated work-from-home day.
