The opportunity
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.
What you'll do
Own the end-to-end fixed asset lifecycle: capitalization, transfers, disposals, write-offs, tagging and impairment assessments in accordance with US GAAP (ASC 360).
Maintain and reconcile the fixed asset subledger, ensuring accuracy and: completeness against the general ledger.
Calculate and record monthly depreciation for all asset classes (GPU: hardware, data center infrastructure, leasehold improvements, furniture & fixtures, and software).
Partner with Supply Chain and DC Ops teams to evaluate capital vs. expense: treatment for new hardware and infrastructure purchases.
Prepare and review fixed asset roll-forward schedules, depreciation: schedules, cash flow schedules, and supporting documentation for monthly and quarterly close.
Support external audit requests related to fixed assets, including providing: schedules, reconciliations, and explanations of accounting positions.
What they're looking for
- Assist in the development and enforcement of the company’s capitalization: policy and related accounting procedures.
- Identify and implement process improvements to the fixed asset tracking and: close processes, leveraging automation where possible.
- Collaborate with Tax to provide fixed asset data for tax depreciation: schedules and support tax provision work.
- Assist in financial statement disclosures related to PP&E as part of the: quarterly and annual reporting process.
