Global Markets Accounting Lead

Technical Skills:

• Demonstrate expertise in US GAAP with a focus on ASC 606 and ASC 815 and associated regulatory accounting requirements, ensuring accurate application to revenue recognition and accounting for prime brokerage services.
• Resolve a wide range of issues in creative ways, suggesting different potential approaches and adapting to new circumstances rapidly.
• Established expertise in designing, implementing, and continuously improving daily and month-end prime brokerage accounting practices, ensuring full compliance with GAAP and industry best practices.
• Apply advanced skills in Google Sheets to efficiently and reliably work with large data sets.
• Proven ability to account for complex matrix organizational structures and intercompany transactions.

Complexity and Impact of Work:

• Lead the accounting team through the intricacies of accounting related to digital asset, spot trading and non-registered OTC derivative prime brokerage activities and products, ensuring alignment with customer contracts as well as evolving regulatory and industry best practices.
• Drive the development of scalable and automated financial processes and controls, leveraging your technical expertise to design and implement internal end-to-end trading system reporting, as well as integration of external software tools, as needed.
• Perform and/or review month end accounting close responsibilities for brokerage related legal entities, including reviewing journal entries, account reconciliations, variance analysis, and FBO fiat and digital asset account reconciliations.
• Provide support for internal and external audits related to specific areas of responsibility.
• Create and maintain detailed documentation of core accounting and regulatory reporting processes.
• Identify opportunities for improvements and efficiencies.

Organizational Knowledge:

• Cultivate effective cross-functional communication with the brokerage, legal, operations and technical accounting teams to ensure comprehensive documentation and understanding of transactions and their appropriate accounting treatment.
• Stay informed and socialize with the broader organization on industry pronouncements, emerging trends, and developments in accounting and reporting for digital assets, SEC regulations, and lending practices.

Communication and Influence:

• Leverage accounting expertise to provide guidance and requirements to product, brokerage operations, legal and engineering teams in designing and implementing new products that meet financial reporting and compliance requirements.
• Assist with internal and external audits to ensure accuracy and timeliness of financial reporting.

You may be a fit for this role if you have:

• 10+ years of related accounting experience, with a mix of Big 4 public accounting experience and/or in a fast paced startup/Fintech environment.
• Knowledge of blockchain technology and the crypto economy.
• Able to work well in a dynamic environment, implement process improvements, work autonomously and handle multiple tasks simultaneously.
• Experience accounting for or auditing digital assets, prime brokerage services, digital asset borrowing/ lending, and/or derivatives.

Although not a requirement, bonus points if:

• You have knowledge of blockchain technology and the crypto economy.
• You have worked at or with investment advisors or institutional investment funds.
• You can write Python scripts, SQL queries or build data integrations into Google Sheets/Excel.
• You have SOX compliance experience.
• You are experienced working in Netsuite and G-suite.
• You have experience accounting for digital asset prime brokerage services.
• You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)