Senior Associate - Technical Accounting

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.

What You’ll Do

• Lead technical accounting research and prepare memos for complex, non-routine transactions in accordance with U.S. GAAP

• Analyze accounting implications of significant transactions, including revenue, equity, debt, business combinations, leases, and stock-based compensation

• Partner cross-functionally (Legal, Tax, FP&A, Treasury) to assess accounting impacts and provide guidance ahead of execution

• Develop and maintain accounting policies; evaluate and implement new FASB and SEC guidance in preparation for public company readiness

• Support IPO readiness efforts, including drafting technical disclosures, assisting with S-1/10-K preparation, and enhancing financial statement presentation

• Assist with consolidated financial statement preparation, footnotes, and reporting package reviews to ensure accuracy and SEC compliance

• Support external audits and SOX readiness by preparing documentation, strengthening controls, and improving close and reporting processes

• Contribute to M&A, system implementations, and other strategic initiatives to support company growth

What we look for in you:

• Bachelor’s degree in Accounting, Finance, or related field

• 4+ years of experience in technical accounting, preferably within a Big 4 firm and/or a publicly traded company

• Active CPA required

• Strong knowledge of the U.S. GAAP with experience analyzing complex and non-routine transactions (e.g., revenue recognition, leases, equity, debt, business combinations)

• Proven ability to research accounting guidance and prepare clear, well-supported technical accounting memos

• Understanding of SEC reporting and disclosure requirements

• Experience partnering cross-functionally to assess accounting implications of business initiatives

• Familiarity with ERP and reporting tools (e.g., NetSuite, Workiva)

• Advanced Excel skills and strong analytical capabilities

• Excellent written and verbal communication skills, with the ability to translate technical guidance into practical recommendations

• Detail-oriented, proactive, and comfortable operating in a fast-paced environment

Nice to haves:

• Big 4 audit or accounting advisory experience with strong technical accounting expertise

• Deep knowledge of ASC 606 (revenue), ASC 842 (leases), and ASC 718 (stock-based compensation), including memo preparation and policy development

• Experience with pre-IPO technical matters, including equity instruments, preferred stock, warrants, EPS, and SEC reporting considerations

• Strong understanding of the U.S. GAAP financial reporting, including preparation and review of financial statements and footnote disclosures

• Experience supporting IPO readiness, S-1/10-K preparation, and PCAOB audits

• Background in high-growth, pre-IPO or public technology companies (SaaS/AI preferred)

• Exposure to M&A and purchase accounting, particularly in revenue and equity-related areas

• Demonstrated ability to strengthen controls and build scalable accounting processes i