[Remote] Accounting Manager at Magic Eden

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Web3, NFT, Blockchain, CryptocurrencyIndustries

Requirements

Bachelor's degree in Accounting, Finance, or related field; CPA certification preferred
5+ years of progressive experience in accounting roles, with a minimum of 2 years in public accounting or auditing
Strong understanding of GAAP principles and experience in applying them to complex accounting transactions
Knowledge of NFTs, blockchain technology, digital assets subledger and digital asset markets is desirable
Proven track record of managing accounting operations, driving process improvements, and ensuring regulatory compliance
Excellent analytical skills, with the ability to interpret financial data, identify trends, and make data-driven decisions
Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
Detail-oriented with a focus on accuracy and compliance; experience with regulatory reporting is preferred
Proficiency with ERP systems
Ability to thrive in a remote work environment, demonstrating autonomy, initiative, and adaptability
Passion for innovation, creativity, and the transformative potential of NFTs in the digital economy

Responsibilities

Oversee and manage the general ledger, revenue recognition, accounts payable/receivable, and expense process
Manage the month-end and year-end close process, including consolidations, reconciliations, accruals, and journal entries with a high degree of accuracy and efficiency
Prepare and review financial statements, including monthly, quarterly, and annual reports, for accuracy and completeness
Support tax preparation and filings
Implement and maintain robust internal controls to safeguard assets and ensure compliance with regulatory requirements
Evaluate and improve accounting systems, workflows, and reporting tools for efficiency and accuracy
Collaborate with cross-functional teams to optimize financial processes and systems, driving efficiency and scalability
Manage relationships with external auditors, tax advisors, and financial institutions to support audit and tax compliance activities
Conduct financial analysis and provide ad-hoc reporting and support as needed to inform decision-making and drive business growth

Skills

Key technologies and capabilities for this role

General LedgerRevenue RecognitionAccounts PayableAccounts ReceivableMonth-End CloseYear-End CloseFinancial StatementsReconciliationsAccrualsJournal EntriesTax PreparationInternal ControlsAccounting Systems

Questions & Answers

Common questions about this position

Is this Accounting Manager position remote?

Yes, the position is fully remote.

What salary or compensation does the Accounting Manager role offer?

This information is not specified in the job description.

What qualifications and skills are required for the Accounting Manager position?

Candidates need a Bachelor's degree in Accounting, Finance, or related field (CPA preferred), 5+ years of progressive accounting experience including 2 years in public accounting or auditing, strong GAAP knowledge, and excellent analytical and communication skills. Knowledge of NFTs, blockchain, and digital assets is desirable.

What is the company culture like at Magic Eden?

Magic Eden features a global team of passionate, scrappy, and wildly talented people focused on making Web3 intuitive and accessible, with a mission to redefine the onchain experience in NFTs and digital ownership.

What makes a strong candidate for the Accounting Manager role?

A strong candidate is a strategic thinker with a passion for finance and blockchain technology, a proven track record in managing accounting operations, driving process improvements, and ensuring compliance.

Magic Eden

Platform for discovering and sharing digital media

About Magic Eden

Magic Eden connects creative communities with collections and creators through its online platform. Users can discover, create, and share collections of digital media, while also collaborating with other creators to build their own unique collections. Unlike other platforms in the same industry, Magic Eden emphasizes collaboration and offers a distinctive approach to discovering and sharing digital media. The platform generates revenue by charging users a fee for access and taking a commission from creators on the sale of their digital media. The goal of Magic Eden is to provide an easy and convenient way for users to engage with digital media and for creators to monetize their work.

San Francisco, CaliforniaHeadquarters

2021Year Founded

$155.1MTotal Funding

ICOCompany Stage

Consumer Software, Crypto & Web3Industries

51-200Employees

Risks

The ME token's volatility may affect investor confidence in Magic Eden.

Regulatory scrutiny over TestME token could pose legal and reputational risks.

Partnerships in the competitive gaming industry may lead to financial losses.

Differentiation

Magic Eden offers a unique platform for discovering and sharing digital media.

The company fosters community engagement through Magic Tickets and MagicDAO.

Magic Eden's cross-platform partnerships expand its reach in the NFT space.

Upsides

Increased interest in NFT gaming could drive more users to Magic Eden.

The ME token launch indicates a trend of NFT marketplaces enhancing user engagement.

Cross-platform partnerships like with Nifty Island expand Magic Eden's market reach.

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