Staff Accountant

About Applied Digital:

At Applied Digital, we are the epicenter of AI innovation, crafting cutting-edge data center solutions tailored for the demands of high-performance computing. Designed from the ground up to support AI and machine learning workloads, our infrastructure is the backbone of tomorrow’s technological advancements, including AI-driven video and generative platforms.

We are:

• Forward-Thinkers: With a keen eye on current market trends and future innovations, we adapt swiftly and lead technological evolution.
• Resilient: We navigate complex challenges and emerge stronger, delivering robust and reliable solutions for industry pioneers.
• Innovative Designers: Leveraging the latest technologies, we create visionary solutions that redefine industry standards.

At Applied Digital, we are committed to solving intricate problems, advancing business initiatives, maximizing operational efficiency, and reducing our carbon footprint. We are a team of resilient, forward-thinking innovators driving the AI revolution.

Position Summary:

Reporting to the Accounting Manager, the Staff Accountant will own key corporate accounting areas including payroll; debt, equity & investment accounting; and corporate allocations. This role is responsible for preparing journal entries, account reconciliations, and roll forwards, and plays a central role in the monthly, quarterly, and annual close. The position works closely with third-party providers, internal teams, and external auditors to ensure accurate, timely, and U.S. GAAP-compliant financial reporting, and contributes to continuous process improvement as the company scales.

Key Responsibilities:

• Prepare and record journal entries for payroll, debt, equity & investment accounting, and corporate allocations in accordance with U.S. GAAP.
• Account for payroll, including wages, bonuses, commissions, payroll taxes, benefits, and related accruals; reconcile payroll registers to the general ledger.
• Account for debt activity, including draws, repayments, interest expense and accruals, amortization of debt issuance costs and discounts, and covenant tracking support.
• Record equity transactions, including stock issuances, warrants, option exercises, and preferred stock activity; maintain the equity roll forward.
• Calculate and record share-based compensation expense (RSUs, PSUs, stock options) under ASC 718, including forfeitures and related tax impacts; reconcile to equity administration platform reports.
• Prepare and maintain balance sheet reconciliations, roll forwards, and supporting schedules for assigned accounts.
• Support the monthly, quarterly, and annual close processes, including preparation of flux and variance analyses and meeting close deadlines.
• Coordinate with third-party providers, including payroll processors, equity administrators, and lenders, to obtain and reconcile reports.
• Assist with financial statement footnote disclosures, SEC reporting support, audit requests (quarterly reviews and year-end audit), and lender or regulatory reporting.
• Support SOX compliance by executing and documenting internal controls over assigned processes.
• Identify and implement process improvements and automation opportunities; perform other accounting duties and ad hoc projects as assigned.

Basic Qualifications:

• Bachelor’s degree in Accounting or Finance required.
• 2–3 years of accounting experience applying U.S. GAAP, in public accounting and/or a corporate accounting environment.
• Solid working knowledge of U.S. GAAP, including payroll, debt, equity, and share-based compensation (ASC 718) accounting.
• Hands-on experience with month-end close, journal entries, account reconciliations, and roll forwards.
• Experience with ERP systems and advanced Microsoft Excel skills (e.g., lookups, pivot tables).
• Strong attention to detail, organization, and problem-solving skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong written and verbal communication skills and ability to work cross-functionally.

Preferred Qualifications:

• Active CPA license or currently pursuing the CPA.
• Experience at a publicly traded company, including SEC reporting and SOX environments.
• Experience with NetSuite and FloQast, as well as equity administration platforms i.e. Equity Edge and payroll systems i.e. ADP
• Experience in Data Center, Technology Infrastructure, or Energy Operations industries.
• Familiarity with operating cost allocation.

Please note that Applied Digital is currently unable to sponsor new applicants for employment authorization or provide immigration-related support for this position. This includes, but is not limited to, visa categories such as H-1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-2, E-3, L-1, O-1, and any Employment Authorization Documents (EADs) or other work authorizations that require employer sponsorship.

Physical Requirements:

• Able to remain in a seated position for an extended period and to lift and carry up to 15 lbs. (office manuals, case notebooks, case files, case materials, standard boxes, report binders, etc.) as needed.

The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment, and the company reserves the right to change this job description and/or assign tasks for the employee to perform, as the company may deem appropriate.

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents acknowledge that they possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

The company is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.