Principal Technical Accountant

3 weeks ago

Los Angeles, California, United States SambaNova Systems Full time
Job Description

SambaNova Systems is seeking a highly skilled Principal Technical Accountant to join our team. As a key member of our Accounting team, you will play a critical role in building and managing systems and processes that will scale with our rapidly growing business.

Reporting to the Corporate Controller, you will be responsible for ensuring accurate and compliant revenue recognition, tracking of inventory and COGS, managing financial systems, and partnering with IT to drive process improvements.

Key Responsibilities:

  • Ensure all accounting postings are recorded on an accurate and timely basis
  • Ensure compliance with GAAP in all technical accounting areas, including revenue (ASC 606), leases (ASC 842), and equity (ASC 505 and 718)
  • Actively manage all aspects of monthly, quarterly and annual financial close including reviewing key accounting postings, detailed account reconciliations, and financials for accuracy and quality
  • Work closely with the Engineering and Operational functions on inventory management, costing, and gross margins
  • Possess in-depth knowledge of inventory operations and accounting, including cost accounting, valuation methods, lower of cost or market, obsolescence, rework, and scrap
  • Support the Controller in preparation of analysis, supporting schedules, details, and information to support the annual statutory reporting, corporate audits, corporate tax filings, and income tax provisions
  • Develop and maintain audit plans and procedures
  • Stay up-to-date on technical accounting standards and emerging issues
  • Ensure compliance reporting, including property tax, sales and use tax, franchise tax, and statement of information, are prepared and filed timely

Requirements:

  • Bachelor's degree or equivalent in Accounting or Finance
  • 8+ years of accounting experience
  • CPA/CA license is required
  • Strong knowledge of US GAAP
  • Excellent proficiency in Microsoft Excel including advanced functions such as pivot tables and macros
  • Experience with NetSuite and Salesforce
  • Ability to manage and prioritize multiple projects simultaneously
  • Good business acumen and analytical skills
  • Systems savvy and ability to extract data

Preferred Qualifications:

  • AI/ML industry experience
  • Experience working in fast-growing startup environment
  • Cloud or supply chain experience
  • Familiarity with other ERPs (e.g. Oracle or SAP)
  • A team player who demonstrates humility
  • Action-oriented with a focus on speed & results
  • Ability to thrive in a no-boundaries culture & make an impact on innovation

Benefits:

SambaNova offers a competitive total rewards package, including the base salary, plus equity and benefits. We cover 95% premium coverage for employee medical insurance, and 77% premium coverage for dependents and offer a Health Savings Account (HSA) with employer contribution.

We also offer Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life, and AD&D insurance plans in addition to Flexible Spending Account (FSA) options like Health Care, Limited Purpose, and Dependent Care.

Our library of well-being benefits available to you and your dependents includes a full subscription to Headspace, Gympass+ membership with access to physical gyms, One Medical membership, counseling services with an Employee Assistance Program, and much more.

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