Senior Technical Accounting Manager

Dive in and do the best work of your career rney alongside a strong community of top talent who are relentless in their drive to build the simplest scalable cloud. If you have a growth mindset, naturally like to think big and bold, and are energized by the fast-paced environment of a true industry disruptor, you’ll find your place here. We value winning together—while learning, having fun, and making a profound difference for the dreamers and builders in the world.

We are looking for a Senior Technical Accounting Manager who is passionate about navigating complex, non-routine transactions and implementing new accounting standards. As a Senior Technical Accounting Manager at Digital Ocean, you will join a dynamic team dedicated to revolutionizing cloud computing and AI. You’ll be part of a high-performing team that is responsible for all aspects of technical accounting, including researching complex transactions, providing strategic advice to partners, implementing accounting policies and process improvements and ensuring compliance with U.S. GAAP and SEC reporting standards.

You’ll have high visibility, collaborating cross-functionally with Financial Reporting, Corporate Development, Legal, FP&A, Investor Relations, Tax and Accounting. This position reports to the Senior Director, Financial Reporting and Technical Accounting.

• Draft high-quality accounting memos and analyses to support management’s conclusions and obtain concurrence from external auditors, on topics such as business combinations, financing transactions, consolidation and joint ventures, investments, segment reporting, goodwill and intangible assets, derivatives and hedging, leases, stock-based compensation and internal-use software.
• Evaluate and operationalize the accounting for complex, non-routine transactions, including equity offerings, convertible debt issuance and settlement, supplier financing and data center, GPU, power and colocation agreements, and provide timely, strategic guidance to business partners on the accounting impact of proposed transactions.
• Review the accounting for material lease transactions, such as large data center and GPU arrangements, in partnership with the Accounting team, which owns lease accounting.
• Review non-routine or unusual revenue arrangements as needed, in partnership with the Revenue Accounting team, which owns ASC 606 analyses.
• Lead the accounting and valuation of M&A transactions and strategic investments, partnering with third-party specialists on purchase price allocations and fair value measurements.
• Perform goodwill, long-lived asset and indefinite-lived intangible asset impairment analyses.
• Develop and maintain certain accounting policies, ensuring they reflect current standards and industry best practices.
• Monitor FASB and SEC rule making, proactively lead the implementation of new standards and regulations and partner with Accounting, Tax and FP&A to create SOX-compliant processes.
• Serve as a primary technical accounting contact for external auditors during quarterly reviews and annual audits, coordinating the information and documentation needed to resolve technical matters.
• Partner with Financial Reporting on technical accounting disclosures for quarterly and annual SEC filings, and support offering documents and related diligence for equity and debt financings as needed.
• Review the statement of cash flows and the earnings per share calculations, including the impact of convertible debt and equity transactions, and support their preparation as needed.
• Work with the Accounting team to ensure complex transactions are recorded accurately in the general ledger, reviewing key journal entries and supporting calculations.
• Prepare clear, concise, executive-level…