Director, Infrastructure Accounting

<div class="content-intro"><div> <div> <div class="gmail_quote"> <div> <div><span id="m_1770241969069985273m_-2746164444908759431gmail-docs-internal-guid-131e4fb0-7fff-b4e9-ff50-e8cf32449b1b">CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to build and scale AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave combines superior infrastructure performance with deep technical expertise to accelerate breakthroughs and turn compute into capability. Founded in 2017, CoreWeave became a publicly traded company (Nasdaq: CRWV) in March 2025. Learn more at&nbsp;<a href="http://www.coreweave.com/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=http://www.coreweave.com&amp;amp;source=gmail&amp;amp;ust=1762613132717000&amp;amp;usg=AOvVaw3D-UOhNaqEvF5BEWxjYyAU&quot;&gt;www.coreweave.com&lt;/a&gt;.&lt;/span&gt;&lt;/div> </div> </div> </div> </div></div><p><strong>What You’ll Do</strong></p> <p>CoreWeave is deploying capital at a scale few companies in history have matched, building and operating a rapidly expanding global fleet of wholly-owned data centers that power the next wave of AI. As Director, Infrastructure Accounting, you will own the financial accounting lifecycle of that buildout—from the first shovel in the ground through the full operating life of each asset and its eventual retirement.</p> <p>This role reports to the Senior Director, Lease, Joint Ventures, VIE and Construction Accounting. You will be the company’s operational authority on data center construction accounting, PP&amp;E lifecycle management, and the reporting and forecasting that give leadership clear visibility into one of CoreWeave’s most significant balance sheet categories.</p> <p>You will partner closely with Construction, Real Estate, Operations, FP&amp;A, Procurement, Accounts Payable, and the GL Accounting team to ensure that every dollar spent building CoreWeave’s infrastructure is captured, classified, and reported with precision. You will also work directly with external auditors and support SEC reporting on PP&amp;E and CIP matters.</p> <p><strong>In this role, you will:</strong></p> <p><strong>Construction-in-Progress (CIP) &amp; Capital Project Accounting</strong></p> <ul> <li>Own the end-to-end CIP accounting lifecycle for CoreWeave’s wholly-owned data center buildouts, from project commencement through asset commissioning and transfer to fixed assets.</li> <li>Maintain a project-level CIP ledger structure that gives real-time visibility into costs by project, phase, and activity type across a growing global portfolio.</li> <li>Apply and operationalize capitalization criteria under ASC 360, determining which direct costs (materials, labor, permits, site preparation, contractor fees) and qualifying indirect costs are capitalized versus expensed.</li> <li>Coordinate with Construction and Operations teams to determine asset in-service dates, asset classifications, component breakdowns, and useful life determinations that trigger the commencement of depreciation in the GL.</li> <li>Oversee interest capitalization on qualifying construction projects in accordance with ASC 835-20, including tracking of weighted-average accumulated expenditures and applicable borrowing rates.</li> <li>Monitor active CIP balances for impairment indicators, scope changes, project suspensions, or abandonments that may require write-down or write-off treatment, and escalate complex conclusions to the Senior Director as appropriate.</li> </ul> <p><strong>Asset Lifecycle Accounting — Reporting &amp; Forecasting</strong></p> <ul> <li>Oversee the preparation and recording of depreciation journal entries and balance sheet reconciliations, to ensure underlying asset data (classification, useful life, in-service date, cost basis) is complete, accurate, and audit-ready.</li> <li>Own depreciation reporting and forecasting: prepare and maintain depreciation schedules across the data center PP&amp;E portfolio, and provide regular analysis of depreciation run-rates, useful life assumptions, and the financial impact of new asset placements.</li> <li>Build and maintain budget-to-actual reporting at the individual project level, with clear variance analysis that explains cost overruns, scope changes, and timing shifts to Finance leadership and FP&amp;A.</li> <li>Partner with FP&amp;A on capital expenditure forecasting, ensuring that pipeline project costs, anticipated CIP-to-fixed-asset transfers, and depreciation commencement timelines are accurately reflected in financial projections and management reporting.</li> <li>Develop and maintain executive-level reporting on the overall health and trajectory of CoreWeave’s data center capital program, providing actionable insights on spend performance, asset placement activity, and forward-looking depreciation impact.</li> <li>Support the accounting for asset retirements, disposals, and write-offs in coordination with the GL team, ensuring proper documentation, approval, and period-end recognition.</li> </ul> <p><strong>Contractor, Vendor &amp; Billing Management</strong></p> <ul> <li>Oversee the accounting for all contractor and vendor billings related to data center construction, including review of pay applications, progress billing schedules, retainage tracking, lien waivers, and change order accounting.</li> <li>Collaborate with Procurement, Accounts Payable, and Legal to ensure that contract terms, billing milestones, and payment structures are accurately reflected in the CIP ledger and classified to the correct project and cost category.</li> <li>Design and operate controls around contractor billing review to ensure costs are properly approved, coded to the correct project and GL account, and recorded in the appropriate accounting period.</li> <li>Manage the accounting for construction retainage balances, including appropriate balance sheet presentation, aging analysis, and timely release upon satisfaction of contractual milestones.</li> <li>Serve as the accounting point of contact for contractor and vendor billing disputes, coordinating with Procurement and Legal to resolve discrepancies and ensure accurate period-end accruals.</li> </ul> <p><strong>Technical Accounting Guidance &amp; Policy</strong></p> <ul> <li>Serve as the operational subject matter expert on U.S. GAAP as applied to PP&amp;E and capital projects, including ASC 360, ASC 835-20, and related standards.</li> <li>Draft and/or review technical accounting memos and internal guidance on construction accounting matters—including capitalization determinations, componentization, useful life assessments, and impairment analyses—escalating complex or novel issues to the Senior Director.</li> <li>Partner with the Senior Director on the accounting intersection of construction and lease/VIE matters, including build-to-suit arrangements and other structures that require coordinated ASC 842 or ASC 810 analysis.</li> <li>Maintain and update CoreWeave’s internal accounting policies and procedures for CIP, PP&amp;E, and capital project accounting as the company’s data center program evolves.</li> </ul> <p><strong>External Reporting &amp; Audit Support</strong></p> <ul> <li>Support quarterly and annual SEC filings (10-K and 10-Q) by preparing and reviewing PP&amp;E and CIP disclosures, ensuring accuracy, completeness, and alignment with CoreWeave’s reporting standards as a publicly traded company.</li> <li>Partner with external auditors on all capital project accounting matters, providing well-organized support packages for CIP balances, capitalization determinations, asset placements, retainage, and impairment assessments.</li> <li>Maintain a robust audit trail across all active and completed capital projects, ensuring documentation standards meet both internal control requirements and external audit expectations.</li> </ul> <p><strong>Leadership &amp; Team Development</strong></p> <ul> <li>Build, mentor, and manage a small team (initially 1–3 direct reports) of infrastructure accounting professionals, with a growth path as CoreWeave’s capital program scales.</li> <li>Design and implement SOX-compliant processes and controls over CIP accounting, asset placement coordination, and depreciation reporting to support CoreWeave’s public company compliance obligations.</li> <li>Drive continuous improvement in systems, processes, and tooling—including integration between project management platforms, the fixed asset sub-ledger, and the ERP—to increase accuracy, efficiency, and analytical capacity.</li> <li>Operate as a trusted accounting partner and advisor to Construction, Real Estate, Operations, Procurement, and FP&amp;A stakeholders, translating accounting requirements into practical operational guidance.</li> </ul> <p><strong>Who You Are:</strong></p> <p>We believe in investing in our people, and value candidates who can bring their own diversified experiences to our teams – even if you aren’t a 100% skill or experience match. Here are a few qualities we’ve