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Groq

Groq is hiring: Head of Technical Accounting (Palo Alto) in Palo Alto

Groq, Palo Alto, CA, US

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Mission

We are seeking a Head of Technical Accounting to lead complex accounting matters as we scale rapidly. This role requires deep technical accounting expertise to navigate the unique challenges of AI infrastructure business models, including research and development accounting, complex revenue arrangements, equity compensation, and business combinations. The ideal candidate will be a trusted advisor to leadership on accounting standards while building scalable processes for our high-growth environment.

Responsibilities & Opportunities In This Role

  • Serve as a subjectmatter expert on technical accounting: research and interpret complex accounting issues (e.g., revenue recognition, business combinations, leases, derivatives, equity / stockbased compensation, capitalized software, foreign currency, fair value, debt / equity transactions) and provide clear, defensible recommendations
  • Lead accounting treatment evaluation for emerging AI business models and innovative service offerings
  • Prepare highquality technical accounting memos and present accounting positions to senior finance leadership, business stakeholders, and external auditors.
  • Lead the impact assessment and implementation of new accounting standards / pronouncements (e.g., from FASB, SEC), update accounting policies and ensure application
  • Collaborate closely with crossfunctional teams (e.g., FP&A, Strategic Finance, Treasury, Legal, Tax) to assess accounting impact of new contracts, business initiatives, transactions (e.g., new products, capital raises, M&A, partnerships, etc.).
  • Mentor accounting team members and provide technical training across finance organization
  • Create, implement, and oversee accounting policies spanning the full range of accounting domains
  • Lead special projects including system implementations and process automation
  • Assist in creating, maintaining and continuously improving internal accounting controls, monthend / quarterend / yearend close processes, policies and procedures to enable scalability as the Company grows
  • Lead the financial statement audits and serve as the main point of contact with external auditors
  • Lead the preparation of financial statements, including related footnotes and disclosures

Ideal Candidates Have/are

  • 12+ years of progressive accounting experience, including public company SEC reporting, technical accounting, and Big 4 experience
  • Active CPA is required
  • Indepth knowledge of U.S. GAAP, including the ability to research and apply technical guidance
  • Experience with highgrowth technology companies, preferably AI/ML, cloud infrastructure, or SaaS platforms
  • Proven ability to communicate complex accounting concepts clearly, both in writing and verbally
  • Experience developing and operationalizing accounting policies and procedures

Bonus Points

  • Experience at AI infrastructure or machine learning companies
  • Background in R&D intensive companies with software development and IP complexities
  • Experience with complex revenue arrangements and revenue sharing models

Attributes Of a Groqster

  • Humility Egos are checked at the door
  • Collaborative & Team Savvy We make up the smartest person in the room, together
  • Growth & Giver Mindset Learn it all versus know it all, we share knowledge generously
  • Curious & Innovative Take a creative approach to projects, problems, and design
  • Passion, Grit, & Boldness Nolimit thinking, fueling informed risk taking

Compensation

At Groq, a competitive base salary is part of our comprehensive compensation package, which includes equity and benefits. For this role, the base salary range is $223,900 to $318,800, determined by your location, skills, qualifications, experience and internal benchmarks. This range is specific to roles in the United States; compensation for candidates outside the USA will be dependent on the local market.

US Job Postings / Requirements

This position may require access to technology and/or information subject to U.S. export control laws and regulations, including the Export Administration Regulations (EAR). To comply with these requirements, candidates for this role must meet certain citizenship or residency criteria. Specifically, they must qualify as U.S. Persons for export control purposes (i.e., U.S. citizen, U.S. lawful permanent resident (Green Card holder), or a protected individual under 8 U.S.C. 1324b(a)(3) such as a refugee or asylee) or otherwise be eligible for an applicable export license.

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