Director, Lease Accounting

3 Months ago • 12 Years + • Accounting • $208,000 PA - $345,000 PA

Job Summary

Job Description

NVIDIA seeks an ambitious Director of Lease Accounting to lead all global lease accounting activities related to real estate and datacenters, ensuring accuracy under ASC 842. Responsibilities include reviewing lease agreements, providing accounting guidance, partnering with the Lease Administrator team and FP&A, managing monthly/quarterly close procedures, reviewing ASC 842 disclosures, managing the lease accounting system (Apex), maintaining SOX compliance, and enhancing processes. The role requires expertise in ASC 842, strong leadership skills, and experience in a public company environment.
Must have:
  • Undergraduate degree in Finance/Accounting with CPA license
  • 12+ years public accounting/industry experience
  • 5+ years people leadership
  • ASC 842 expertise
  • Strong lease contract interpretation skills
  • Excellent communication skills
Good to have:
  • Experience influencing change in large organizations
  • Experience with SAP and/or Lease Harbor Apex
  • Initiative-taking approach and ability to meet deadlines
Perks:
  • Highly competitive salaries
  • Comprehensive benefits package

Job Details

NVIDIA is the world leader in Accelerated Computing. We are passionate about four markets: Gaming, Automotive, Enterprise Graphics and HPC/Cloud Datacenters; in addition to our traditional OEM business. We are well positioned as the ‘AI Computing Company’, and our GPUs are the brains powering Deep Learning software frameworks, accelerated analytics, big data, modern data centers, and driving autonomous vehicles.

We are looking for an ambitious Director of Lease Accounting to join our world class team in Santa Clara, CA. This role will report to the Vice President of Accounting and lead all lease accounting activities related to real estate and datacenter leases, ensure accurate lease accounting worldwide and provide guidance in accordance with ASC 842 Leases.

What you will doing:

  • Review lease agreements to evaluate the accounting impact under ASC 842 and provide proper accounting guidance to ensure accurate lease accounting

  • Partner with the Lease Administrator team and FP&A for accounting matters

  • Review ASC 842 disclosure footnotes and schedules prepared by Senior Lease Accountant

  • Manage monthly/quarterly close procedures over all lease-related accounts worldwide

  • Review quarterly Asset Retirement Obligation assessment and related accounting

  • Review and maintain procedural documentation and training materials related to lease accounting

  • Analyze lease data to provide analysis for lease-related accounts

  • Manage lease accounting system (Apex) development and implementation projects

  • Maintain compliance with SOX controls and the Company’s lease accounting policy

  • Continually enhance existing processes to improve controls and/or efficiency

What we need to see:

  • Undergraduate degree or equivalent experience in Finance/Accounting with an active CPA license

  • 12+ years of public accounting and/or related industry accounting experience

  • 5+ years of people leadership experience

  • Expert in ASC 842

  • Strong understanding of key lease provisions and ability to confidently read and interpret lease contract language

  • Outstanding leadership skills with a proven record of mentoring and developing teams

  • Superb written and verbal communication skills

  • Familiarity working in a public company SOX-compliant environment

Ways to stand out from the crowd:

  • Experience collaborating across a large organization to influence and inspire change

  • Experience with SAP and/or Lease Harbor Apex system is a plus

  • Energy and real passion for delivering results in a dynamic growth company and fast-paced environment

  • An initiative-taking approach, with the ability to consistently meet deadlines and deliver high-quality results

Widely considered one of the technology world's most desirable employers, NVIDIA offers highly competitive salaries and a comprehensive benefits package. We care about our employees and their families! As you plan your future, see what we can offer to you and your family at www.nvidiabenefits.com.

The base salary range is 208,000 USD - 345,000 USD. Your base salary will be determined based on your location, experience, and the pay of employees in similar positions.

You will also be eligible for equity and benefits. NVIDIA accepts applications on an ongoing basis.

NVIDIA is committed to fostering a diverse work environment and proud to be an equal opportunity employer. As we highly value diversity in our current and future employees, we do not discriminate (including in our hiring and promotion practices) on the basis of race, religion, color, national origin, gender, gender expression, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by law.

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About The Company

Since its founding in 1993, NVIDIA (NASDAQ: NVDA) has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI and is fueling the creation of the metaverse. NVIDIA is now a full-stack computing company with data-center-scale offerings that are reshaping industry.

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