Director, Product Accounting Controller at FalconX

New City, New York, United States

FalconX Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Cryptocurrency, Financial ServicesIndustries

Requirements

  • BA/BS in Accounting or related field
  • Certified Public Accountant (CPA) or equivalent preferred
  • 10+ years of progressive accounting experience, with significant experience in a leadership role in similar industries (digital assets, banking, broker-dealer, hedge fund, etc.), with a minimum of 7+ years in senior management leading large global teams
  • Strong knowledge and leadership in accounting operations, with proven experience in building, developing, mentoring, and inspiring a diverse, high-performing professional accounting team globally
  • Experience in system implementation and project management
  • Background in financial services, fintech, banking, crypto, or exchanges is strongly preferred
  • Hands-on knowledge of working/operating in an environment with an ERP (like NetSuite)

Responsibilities

  • Lead and develop the platform/product accounting team, driving efficiency and automation to meet the demands of our high-growth environment
  • Oversee the monthly global financial close process, ensuring accurate and timely preparation of global consolidation
  • Bring knowledge around technical accounting issues such as revenue recognition, derivatives, borrowing/lending, spot, consolidation, stock options, business combinations, MTM accounting, and other accounting matters
  • Own the general ledger and recording of all business transactions, including detailed analysis and reconciliation of accounts, while ensuring compliance with US GAAP, local accounting requirements, and internal policies
  • Enhance operational effectiveness and efficiency within the Controllership organization by streamlining and improving processes and internal controls
  • Manage annual external audit preparation and oversight, liaising with finance transformation, tax, treasury, legal, and other functions
  • Build and lead a strong global team through active recruiting, motivating, coaching, training, and mentoring team members
  • Collaborate with cross-functional teams to support strategic initiatives and provide financial insights
  • Preparation of monthly, quarterly, and annual financial statements; consolidation of various entities to deliver the Group’s results
  • Provide explanations for queries from auditors, regulators and authorities
  • Designing and implementing processes, policies & procedures, internal control framework, etc
  • Coordination with external auditors and other relevant teams in/out of the organization
  • Assist with system integrations and optimizations
  • Support ad hoc financial information requests and other special projects as assigned
  • Provide support for internal and external audits related to specific areas of responsibility
  • Embrace and uphold a culture of open-mindedness and proactive problem-solving
  • Adapt to rapidly changing priorities with agility and flexibility
  • Build strong relationships across the organization to drive collaborative success

Skills

US GAAP
Revenue Recognition
Derivatives Accounting
MTM Accounting
Financial Close
General Ledger
Account Reconciliation
Internal Controls
External Audit
Business Combinations
Stock Options
Consolidation

FalconX

Institutional crypto trading platform for financial institutions

About FalconX

FalconX is an institutional crypto trading platform that simplifies the trading of digital assets like Bitcoin and Ethereum for financial institutions. It provides clear price discovery and efficient trade execution, allowing clients to trade without concerns about hidden fees. The platform is trusted by major financial institutions and offers tailored services such as trade execution, credit, and treasury management. FalconX aims to deliver a reliable and comprehensive trading experience for institutional investors in the digital asset market.

San Mateo, CaliforniaHeadquarters
2018Year Founded
$415.4MTotal Funding
SERIES_DCompany Stage
Fintech, Crypto & Web3Industries
201-500Employees

Benefits

Hybrid Work Options
Performance Bonus
Company Equity

Risks

Increased competition in crypto derivatives could pressure FalconX's profit margins.
Regulatory scrutiny may impact the adoption of FalconX's auto-liquidation service in APAC.
Expansion into FX market may lead to integration challenges and operational risks.

Differentiation

FalconX eliminates slippage and hidden fees using advanced data science techniques.
The platform is trusted by major financial institutions for its reliability and effectiveness.
FalconX offers a comprehensive suite of services tailored for institutional clients.

Upsides

Acquisition of Arbelos Markets strengthens FalconX's position in the crypto derivatives market.
Launch of auto-liquidation service enhances capital efficiency for APAC crypto miners.
New FX desk in London expands FalconX's service offerings into traditional markets.

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