Global Markets Accounting Lead

Technical Skills:

• Demonstrate expertise in US GAAP with a focus on ASC 606 and ASC 815 and regulatory accounting requirements, ensuring accurate application to revenue recognition and accounting for prime brokerage services.
• Expertise in accounting and regulatory reporting requirements for swap-dealers or related businesses, including knowledge of NFA filings and development of related procedures
• 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 and 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.
• Interact with regulators such as the NFA and CFTC as we navigate the swap-dealer registration process and ongoing regulatory compliance, including examinations.

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 digital assets, prime brokerage services, digital asset borrowing/ lending, and/or derivatives.
NFA Series 3 License or ability to obtain within 6 months.

Although not a requirement, bonus points if:

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.
Experience working in Netsuite and G-suite.
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. :)