Financial Reporting Accounting Lead

At Anchorage Digital, we are constructing an advanced digital asset platform for institutions to engage in the cryptocurrency market.

Established in 2017, Anchorage Digital is a regulated platform that offers financial services and infrastructure solutions to institutions. As the only federally chartered crypto bank in the US, we provide secure custody, regulatory compliance, a wide range of products, and exceptional client service. We are seeking individuals who are humble, creative, and eager to learn to join our diverse team.

We have a global, remote-friendly team, but also offer the option to work in-person at our offices in New York City, Sioux Falls, Porto, Lisbon, and Singapore. For colleagues who are not near our offices, we encourage and sponsor quarterly in-person collaboration days to foster a deeper sense of community.

As a Team Lead for Accounting Policy, Processes & Controls, your role will focus on enhancing and streamlining financial reporting, technical accounting, processes, and controls across our organization. You will collaborate with various teams to assess accounting implications of new and existing product offerings, ensure accurate financial reporting, and promote a strong control environment within the accounting organization. Additionally, you will contribute to the company's growth and prepare for future IPO.

Your responsibilities will involve conducting technical research, preparing technical accounting memos, and assisting with special projects such as reviewing complex transactions and ensuring completion of the annual financial audit. Month-end, quarter-end, and year-end reporting tasks, including financial statement disclosures and footnotes, will also be part of your role. This opportunity will allow you to gain experience in a fast-paced startup environment within an ever-changing industry.

Required Technical Skills:

• Ensure timely and accurate financial reporting in accordance with US GAAP and IFRS
• Review consolidation of financial statements from multiple legal entities
• Collaborate with different departments to ensure precise financial information and disclosures
• Proficient in equity accounting and reporting, including stock-based compensation and financial statement disclosures
• Coordinate with the general ledger team for the preparation of audited financial statements
• Establish and maintain internal controls over financial reporting, including drafting process memos
• Assist with month-end, quarter-end, and year-end close activities for multiple legal entities and digital asset accounts
• Perform equity reconciliations and prepare monthly and quarterly workpapers for equity-related accounts
• Familiarity with NetSuite and Carta
• Knowledge of GAAP accounting standards, such as ASC 606, 326, 718, 842, 740, and various equity awards and programs

Complexity and Impact of Work:

• Work with process owners to understand risks and controls and establish a robust control environment
• Address complex accounting issues that lack clear definitions or where traditional principles may not fully apply
• Ensure adherence to accounting policies, including GAAP and IFRS for non-US subsidiaries
• Assist in external audit processes to maintain accuracy and timeliness of financial data
• Support implementation and design of new financial and accounting software and integration tools
• Undertake special ad-hoc projects in Accounting/Finance as required

Organizational Knowledge:

• Stay informed about company strategy, products, and initiatives
• Understand how company priorities align with your area of work and effectively communicate the rationale behind your work

Communication and Influence:

• Experience in audit, financial accounting, and technical accounting, preferably in a high-growth, pre-IPO startup
• Strong written and oral communication skills to drive cross-functional projects
• Combination of qualities such as creativity, ambition, attention to detail, hard work, trustworthiness, eagerness to learn, action-oriented approach, and tenacity
• Excellent organization skills with the ability to manage multiple high-volume workloads in a fast-paced environment
• Track record of driving performance and accountability

Bonus Skills (not required):

• CPA certification, preferred
• Knowledge of blockchain and crypto innovations
• Experience implementing ERP systems such as Netsuite, SAP, or Oracle
• Emotional appreciation of the Hamilton soundtrack, which presents the founding of a new financial system

Compensation at Anchorage Digital:

We offer market-driven compensation along with meaningful equity, attractive benefits, and perks to our full-time employees. The salary range for this role is $123,000 to $175,000, which may vary based on regional location and job grade. The specific range will be clarified during the interview process, considering the required skills, abilities, and experience. We annually collaborate with third-party firms to benchmark equity, cash, benefits, and perks. Sales and business development roles include On Target Earnings (OTE), which covers base salary and sales commissions/bonus targets.

Benefits:

Anchorage Digital is proud to provide outstanding benefits to our employees, including 100% health, dental, and vision coverage for you and your dependents, with no monthly out-of-pocket premiums. We offer a comprehensive range of benefits in the United States, Portugal, and Singapore. Learn more about our culture, perks, and benefits here.

About Anchorage Digital: Who we are

The Anchorage Village, comprising individuals from platform security, financial services, and distributed ledger technology, is working together to provide institutions with the necessary building blocks for secure participation in the ever-evolving digital asset ecosystem. Our diverse team of over 300 members shares a common goal: building the future of finance and facilitating the safe movement of value in the new global economy.

Anchorage Digital values inclusion and strives to create a welcoming and inclusive workplace for all employees, fostering respect, support, and connection regardless of background or identity. We celebrate and embrace our differences, believing that openness leads to the best work we can achieve.

Anchorage Digital is an Equal Opportunity Employer, promoting equal employment regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or veteran status. We also consider qualified applicants with criminal histories in compliance with legal requirements. "Anchorage Digital" refers to the services offered by entities such as Anchorage Hold, LLC, Anchorage Digital Bank National Association, and Anchorage Lending CA, LLC, which are wholly-owned subsidiaries of Anchor Labs, Inc.

Protecting privacy is of utmost importance to Anchorage Digital, and we ensure that our clients' personal and financial information is handled with trust and confidence. Please refer to our privacy policy notices for more information.