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Senior Accountant, Lease Accounting

Crusoe · San Francisco, California

Location
San Francisco, California, USA
Employment
Full time
Level
Senior
Posted
27 October

About this role

Crusoe is on a mission to accelerate the abundance of energy and intelligence. As the only vertically integrated AI infrastructure company built from the ground up, we own and operate each layer of the stack - from electrons to tokens - to power the world's most ambitious AI workloads. When you join Crusoe, you join a team that is building the future, faster.

We're in the midst of the greatest industrial revolution of our time. The demand for AI compute is boundless, and power is a bottleneck. We're solving that - with an energy-first approach that makes AI infrastructure better for the world and faster for the people innovating with AI.

We're looking for problem-solving, opportunity-finding teammates with a sense of urgency, who believe in the scale of our ambition and thrive on a path not fully paved - people who want to grow their careers alongside a team of experts across energy, manufacturing, data center construction, and cloud services.

If you want to do the most meaningful work of your career, help our customers and partners advance their AI strategies, and be part of a high-performing team that believes in each other, come build with us at Crusoe.

About This Role:

As the Senior Accountant, Lease Accounting, you’ll own lease accounting operations at Crusoe from end to end. Our lease portfolio reflects a vertically integrated data center business: land, powered shell, build-to-suit, colocation, ground leases, equipment, and energy-related arrangements. Very few look alike, and no template will do the work for you. You’ll read each agreement, understand the deal behind it, work out how the terms translate under ASC 842, and build a repeatable monthly process around it.

In a typical month, you’ll abstract new leases and process modifications in LeaseQuery, post lease journal entries, reconcile LeaseQuery activity to the general ledger and AP, and partner with Legal, Real Estate, Data Center Development, Procurement, FP&A, and Tax to know about new deals and amendments before they are signed. You’ll thrive in this role if you’re detail-oriented, energized by non-standard problems, and driven to make the process better every month. You’ll also support quarterly disclosures, SOX controls, and external audit requests, with guidance from Technical Accounting on judgment-heavy items.

What You’ll Be Working On:

  • LeaseQuery ownership: Own input of new leases and maintain schedules, including modifications, remeasurements, extensions, terminations, and reassessments

  • Lease inventory: Keep a complete inventory of executed agreements and amendments

  • ASC 842 application: Apply the standard to non-standard arrangements, including lease vs. non-lease components, embedded leases, build-to-suit, variable payments, and option assessments

  • Accounting memos: Work with manager to prepare lease abstracts and memos for new and modified leases, with Technical Accounting guidance on judgment-heavy items

  • Month-end close: Prepare and post lease journal entries for expense, interest, ROU amortization, and liability entries

  • Reconciliations: Reconcile LeaseQuery activity and lease liability and ROU asset balances to the general ledger and AP, and clear variances

  • Cross-functional partnership: Work with Legal, Real Estate, Data Center Development, Procurement, FP&A, Treasury, and Tax on lease intake, forecasts, and structuring

  • Process improvement: Document procedures and build intake workflows and automation that scale with the business

What You’ll Bring to the Team:

  • 4-7 years of accounting experience, including at least 1-2 years of hands-on ASC 842 lease accounting

  • Bachelor’s degree (or higher) in Accounting, Finance, or a related field,

  • Experience with complex or non-standard lease agreements, not only standard real estate leases

  • Working knowledge of lease classification, modifications, remeasurement, and discount rate concepts

  • Experience with a lease accounting system (LeaseQuery preferred; LeaseAccelerator, CoStar, or similar)

  • Strong month-end close and reconciliation discipline in a public or public-ready environment

  • Advanced Excel skills and comfort with large data sets

  • Clear written and verbal communication, including explaining accounting to non-accountants

Bonus Points:

  • CPA or CPA-eligible

  • Big 4 or public accounting experience, or experience at a high-growth technology or infrastructure company

  • Exposure to data center, energy, real estate development, or other capital-intensive industries

  • Experience with build-to-suit, powered shell, colocation, or ground lease structures

  • Familiarity with an ERP such as NetSuite or Sage Intacct, FloQast, and SOX controls

Benefits:

  • Competitive compensation and equity packages

  • Restricted Stock Units

  • Paid time off, paid holidays & leave of absence programs

  • Comprehensive health, dental & vision insurance

  • Employer contributions to HSA account

  • Paid parental leave

  • Paid life insurance, short-term and long-term disability

  • Professional development & tuition reimbursement

  • Mental health & wellness support

  • Commuter benefits (parking & transit)

  • Cell phone stipend

  • 401(k) Retirement plan with company match up to 4% of salary

  • Volunteer time off

  • Global travel insurance & emergency assistance

  • Daily meals allowance

  • Additional perks & programs specific to location

Compensation:

Compensation will be paid in the range of $105,000-$155,000 + Restricted Stock Units are included in all offers. Compensation to be determined by the applicant’s education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

Crusoe is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, disability, genetic information, pregnancy, citizenship, marital status, sex/gender, sexual preference/ orientation, gender identity, age, veteran status, national origin, or any other status protected by law or regulation.

As published by Crusoe. Applications are handled on their site.

Skills this posting mentions

InfrastructureAccounting OperationsFP&A

About Crusoe

Crusoe is building the World’s Favorite AI-first Cloud infrastructure company. We’re pioneering vertically integrated, purpose-built AI infrastructure solutions trusted by Fortune 500 companies to power their most advanced AI applications. Crusoe is redefining AI cloud infrastructure, with a mission to align the future of computing with the future of the climate. Our AI platform is recognized as the “gold standard” for reliability and performance. Our data centers are optimized for AI workloads and are powered by clean, renewable energy.

All 350 openings at Crusoe

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  1. 01Drop your resume

    A PDF or a LinkedIn URL. About a minute, once.

  2. 02I rank the openings

    Every weekday morning, the live catalog scored against your history. Up to 20 worth your time, not two hundred links.

  3. 03Each one is written up

    Resume rewritten for the posting, a cover letter, a fit score. Press send, or let me fill in the form.

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