Role Overview
The Technical Accounting/SEC Reporting Lead at Lambda is a full-time position based out of the San Jose office, with hybrid work arrangements requiring presence four days a week. This role suits an experienced accounting professional ready to guide public company readiness, technical accounting research, and SEC compliance for a growing AI cloud infrastructure leader.
Key Responsibilities
Lead technical accounting research and draft memos for complex and non-routine transactions following U.S. GAAP.
Analyze the accounting implications of major business transactions, such as revenue, debt, equity, leases, business combinations, and stock-based compensation.
Collaborate across departments including Legal, Tax, Treasury, and FP&A to evaluate financial impacts prior to execution.
Create and maintain accounting policies while evaluating new FASB and SEC guidance for public company preparation.
Assist with IPO readiness tasks, including drafting technical disclosures, helping prepare S-1 and 10-K filings, and refining financial statement presentation.
Participate in consolidated financial statement preparation, footnote development, and reporting package reviews to guarantee SEC compliance.
Assist external audits and support SOX readiness by strengthening internal controls, drafting documentation, and improving close procedures.
Contribute to mergers, acquisitions, system implementations, and other strategic company growth initiatives.
Requirements
Hold a Bachelor’s degree in Finance, Accounting, or a related field of study.
Bring at least 4 years of professional experience in technical accounting, ideally within a publicly traded company or a Big 4 accounting firm.
Possess an active CPA license.
Demonstrate strong knowledge of U.S. GAAP, including the evaluation of complex transactions like revenue recognition, leases, debt, equity, and business combinations.
Show a proven capability to research accounting guidance and author clear, well-supported technical accounting memos.
Understand SEC reporting and disclosure rules.
Display experience partnering cross-functional teams to assess the accounting results of various business initiatives.
Maintain familiarity with ERP and reporting platforms such as NetSuite and Workiva.
Exhibit advanced Excel proficiencies alongside strong analytical capabilities.
Offer exceptional written and verbal communication skills to translate technical guidance into actionable advice.
Nice to Have
Background in Big 4 audit or advisory with deep technical accounting expertise.
Comprehensive knowledge of ASC 606, ASC 842, and ASC 718, encompassing policy creation and memo preparation.
Exposure to pre-IPO technical matters involving equity instruments, preferred stock, warrants, EPS, and SEC reporting.
Strong comprehension of U.S. GAAP financial reporting, including the preparation and review of financial statements and footnotes.
Direct involvement supporting IPO readiness, PCAOB audits, and S-1 or 10-K document preparation.
Previous background working within fast-growing pre-IPO or public technology companies, particularly in SaaS or AI sectors.
Exposure to M&A activities and purchase accounting, specifically regarding revenue and equity areas.
Demonstrated ability to build scalable accounting processes and reinforce controls in fast-paced environments.
Skills and Tools
U.S. GAAP
SEC Reporting and Compliance
Technical Accounting Research and Memo Writing
NetSuite and Workiva ERP Tools
Advanced Excel and Financial Analysis
Cross-Functional Collaboration
SOX and Audit Readiness
Salary and Benefits
Annual salary range of $169,000 to $225,000 in USD.
Generous cash and equity compensation packages.
Comprehensive medical, dental, and vision coverage for employees and their dependents.
Wellness and commuter stipends for eligible roles.
401(k) retirement plan featuring a 2% company match for United States employees.
Flexible paid time off program.
About the Company
Founded in 2012, Lambda operates as The Superintelligence Cloud, providing advanced AI cloud infrastructure to tens of thousands of users ranging from independent researchers to major enterprises and hyperscalers. Backed by prominent investors and a growing team of over 500 employees, the organization works toward making computing power ubiquitous and accessible. Research conducted at the company frequently appears in top machine learning and graphics conferences.
How to Apply
Interested candidates should visit the official Lambda careers page to submit an application for this opportunity.
