Director, Infrastructure Accounting

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 www.coreweave.com. What You’ll Do 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. 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&E lifecycle management, and the reporting and forecasting that give leadership clear visibility into one of CoreWeave’s most significant balance sheet categories. You will partner closely with Construction, Real Estate, Operations, FP&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&E and CIP matters. In this role, you will: Construction-in-Progress (CIP) & Capital Project Accounting 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. 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. 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. 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. Oversee interest capitalization on qualifying construction projects in accordance with ASC 835-20, including tracking of weighted-average accumulated expenditures and applicable borrowing rates. 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. Asset Lifecycle Accounting — Reporting & Forecasting 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. Own depreciation reporting and forecasting: prepare and maintain depreciation schedules across the data center PP&E portfolio, and provide regular analysis of depreciation run-rates, useful life assumptions, and the financial impact of new asset placements. 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&A. Partner with FP&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. 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. Support the accounting for asset retirements, disposals, and write-offs in coordination with the GL team, ensuring proper documentation, approval, and period-end recognition. Contractor, Vendor & Billing Management 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. 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. 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. Manage the accounting for construction retainage balances, including appropriate balance sheet presentation, aging analysis, and timely release upon satisfaction of contractual milestones. 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. Technical Accounting Guidance & Policy Serve as the operational subject matter expert on U.S. GAAP as applied to PP&E and capital projects, including ASC 360, ASC 835-20, and related standards. 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. Partner with the Senior Director on the accounting intersection o