Head of Consolidation Accounting (San Jose)

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 or San Francisco 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 consolidation of Lambda's financial statements across all legal entities, including intercompany eliminations, foreign currency, minority interest, and topside/consolidating journal entries.
• Serve as the business process owner for NetSuite as it relates to consolidations, intercompany accounting, and multi-entity/multi-book structure — partnering with Financial Systems on configuration, enhancements, and new entity onboarding.
• Design, document, and continuously improve the intercompany accounting policy, including transfer pricing agreements, intercompany billing/settlement mechanics, and reconciliation and dispute-resolution workflows between entities.
• Partner with Tax team to support intercompany transfer pricing policies and ongoing settlements
• Act as the interface between Accounting Operations, Technical Accounting, and Financial Systems to ensure consolidation requirements are reflected in system design, close calendars, and process changes.
• Own coordination of the accounting close calendar as it relates to consolidation activities, driving adherence to deadlines across corporate and subsidiary teams.
• Lead process and system design for consolidations as Lambda adds new entities, currencies, and business lines.
• Serve as SOX control owner for consolidation- and intercompany-related controls; ensure controls are properly designed, evidenced, and operating effectively, and partner with Internal Audit and external auditors on testing.
• Partner with Technical Accounting on the accounting treatment for new entity structures, acquisitions, equity investments, non-controlling interests, and other consolidation-impacting transactions.
• Prepare and review consolidated financial statements, elimination entries, and supporting consolidation schedules for monthly, quarterly, and annual reporting.
• 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 — including scalable close processes, system controls, and reporting capabilities that will support the demands of being a public company (10-Q/10-K timelines, external audit, segment reporting).
• Drive automation and continuous improvement of the consolidation process, reducing manual effort and close risk as entity count and transaction volume grow.
• Support the year-end audit by preparing consolidation-related audit deliverables and serving as a key point of contact for auditors on consolidation matters.
• Mentor and develop accounting staff supporting the consolidation and intercompany close process.

You

• 7+ years of progressive accounting experience, including significant time in consolidations and multi-entity/intercompany accounting; public accounting experience (Big 4 or national firm) strongly preferred.
• CPA required.
• Deep hands-on experience with NetSuite OneWorld, including intercompany management, multi-subsidiary consolidation, and elimination functionality; experience serving as a business process owner or system administrator for NetSuite 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 designing and owning SOX controls, including partnering directly with internal and external auditors.
• Track record of building or significantly improving consolidation and close processes at a high-growth, multi-entity company.
• Experience partnering cross-functionally with Technical Accounting, Accounting Operations, FP&A, Tax, and Financial Systems teams.
• Strong project management skills, with the ability to lead system and process design initiatives from requirements through implementation.
• 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

• 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., BlackLine, OneStream, Trintech) 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:
• 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.

Compensation Range: $191K - $255K