Manager, DC Construction - Project Accounting

CoreWeave

Dallas (TX)

On-site

USD 120,000 - 180,000

Full time

2 days ago
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Job summary

CoreWeave is seeking a Manager, DC Construction - Project Accounting to own CIP and asset capitalization across data-center projects. You will drive cost capture, cost-to-complete, and asset placement in service, partnering with construction and operations teams and coordinating with NetSuite and SiteTracker integrations.

This hands‑on role focuses on accurate CIP, accruals, and capitalization, ensuring alignment with policy and audit readiness while supporting month‑end close and financial

Qualifications

  • Accounting knowledge with focus on CIP, accruals and capitalization.
  • Exposure to NetSuite and SiteTracker for project costing.
  • Experience with asset capitalization and cost-to-complete processes.

Responsibilities

  • Own the setup of the project structure and hierarchy through which capital cost is captured, so that cost lands against the correct project, phase, building and data hall
  • Establish and maintain the mapping that lets construction cost be analyzed by element of the build (e.g., shell versus data hall) and built up into assets
  • Partner with the systems and transformation teams on project costing configuration in NetSuite and the interface to SiteTracker
  • Own the CIP ledger for your projects — the capture and accumulation of materials, contractor, service and other capital cost as it is incurred
  • Apply capitalization policy to determine which costs are eligible by project phase, and document the basis for cost classification decisions
  • Prepare the monthly CIP rollforward and supporting tie‑out
  • Own the monthly open purchase order and construction accrual process, including the reversal and re‑establishment of accruals carried from prior periods
  • Maintain the cost‑to‑complete view for each project and reconcile committed and incurred cost against budget and forecast
  • Investigate and resolve reconciling and outstanding items on a timely basis
  • Determine when assets are ready for their intended use and ensure they are placed in service on a timely basis
  • Own the capitalization of completed assets out of CIP and into the fixed asset register, including the unitization of cost into asset records and the assignment of asset class and initial useful life at capitalization
  • Ensure the completeness and accuracy of asset records created in the period and the tie‑out of in‑service activity, in partnership with the property accounting team who maintain the standing register

Skills

Accounting
NetSuite
SiteTracker
CIP
Accruals
Capitalization
Financial reporting

Tools

NetSuite
SiteTracker

Job description

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

You’ll join a team that is scaling as fast as the business it accounts for. We solve problems quickly, learn and improve as we go, and operate with positive intent, flexibility, and patience. This is a hands‑on team that runs a monthly close and builds the process at the same time — teamwork and clear communication matter as much as execution. We win together.

About The Role

The Manager, DC Construction - Project Accounting owns the accounting for capital costs from the point a project is set up through the point completed assets are placed in service. You will own the construction in progress (CIP) ledger for your projects — how cost is captured, how it accumulates against each element of the build, and how it clears into the fixed asset register when an asset is ready for its intended use.

This is a hands‑on, execution‑oriented role at the center of our self‑build and fit‑out programs. You will set up the project structure that cost flows through, run the monthly accrual and cost‑to‑complete process, determine when assets are ready for their intended use, and trigger their capitalization on a timely basis. You will partner closely with teams across accounting, finance, construction and operations, and maintain the documentation and controls that support internal and external audit. This role reports to the Senior Manager, Construction Accounting.

Project Setup & Cost Structure
  • Own the setup of the project structure and hierarchy through which capital cost is captured, so that cost lands against the correct project, phase, building and data hall
  • Establish and maintain the mapping that lets construction cost be analyzed by element of the build (e.g., shell versus data hall) and built up into assets
  • Partner with the systems and transformation teams on project costing configuration in NetSuite and the interface to SiteTracker
Construction in Progress & Cost Accumulation
  • Own the CIP ledger for your projects — the capture and accumulation of materials, contractor, service and other capital cost as it is incurred
  • Apply capitalization policy to determine which costs are eligible by project phase, and document the basis for cost classification decisions
  • Prepare the monthly CIP rollforward and supporting tie‑out
Open‑PO Accruals & Cost‑to‑Complete
  • Own the monthly open purchase order and construction accrual process, including the reversal and re‑establishment of accruals carried from prior periods
  • Maintain the cost‑to‑complete view for each project and reconcile committed and incurred cost against budget and forecast
  • Investigate and resolve reconciling and outstanding items on a timely basis
In‑Servicing & Capitalization
  • Determine when assets are ready for their intended use and ensure they are placed in service on a timely basis
  • Own the capitalization of completed assets out of CIP and into the fixed asset register, including the unitization of cost into asset records and the assignment of asset class and initial useful life at capitalization
  • Ensure the completeness and accuracy of asset records created in the period and the tie‑out of in‑service activity, in partnership with the property accounting team who maintain the standing register
Cross‑Functional Execution
  • Act as the accounting interface to the construction, operations,
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