Offchain Labs

Senior Accounting and Payroll Specialist

Remote

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Blockchain, Biotechnology, Decentralized FinanceIndustries

Senior Accounting and Payroll Specialist

Employment Type: Full-time

Position Overview

At Offchain Labs, we are committed to creating a decentralized, secure, and transparent future through blockchain technology. We are seeking a highly detail-oriented and dependable Senior Accounting and Payroll Specialist to join our Accounting team. This role will own accounts payable and the end-to-end payroll process for our U.S. employees and international team members across multiple countries, working in partnership with our PEO providers. You will serve as the connective tissue between Accounting and HR, ensuring seamless, timely, and compliant payroll processing, along with managing benefits administration, financial perks, and payroll-linked reimbursements.

About Offchain Labs

Offchain Labs is a leader in blockchain innovation, building the future of decentralized technology. Our flagship product, Arbitrum One, is a dominant force in Ethereum scaling. We are also developing innovative tools such as Arbitrum AnyTrust, Arbitrum Orbit, Stylus, BoLD, and Arbitrum Nitro. Our team also contributes to the Ethereum core protocol with the Prysm consensus client. Following successful funding rounds, we are expanding our team and invite individuals with a strong interest in blockchain and a talent for approaching problems from unique perspectives to join us.

Why Offchain Labs?

  • Commitment to bridging the gap between the current state of blockchain and its potential.
  • Leading force in Ethereum scaling with Arbitrum One.
  • Constant innovation with tools like Arbitrum AnyTrust, Arbitrum Orbit, Stylus, BoLD, and Arbitrum Nitro.
  • Contribution to Ethereum core protocol via Prysm consensus client.
  • Collaborative and inclusive culture.

Responsibilities

Accounts Payable:

  • Process invoices and payments with accuracy and efficiency.
  • Maintain vendor records.
  • Ensure 1099s are distributed to all required vendors.
  • Reconcile accounts payable transactions and maintain proper general ledger balances.
  • Process and apply incoming payments to appropriate accounts.
  • Communicate with internal teams to resolve any outstanding payment issues.
  • Ensure timely collections and proper escalation of aged accounts.
  • Maintain contracts for proper billing to clients.
  • Assist Accounting Manager with booking month-end close entries.
  • Maintain reconciliations of balance sheet accounts.

Payroll & Benefits Administration:

  • Manage bi-weekly and monthly payroll cycles for U.S. and international employees using our PEO providers, ensuring accuracy and compliance with local laws and internal policies.
  • Ensure all payroll submissions, approvals, and funding are on time.
  • Partner with HR to incorporate new hires, terminations, compensation changes, and one-time payments into payroll runs.
  • Serve as the first point of contact for employee questions related to payroll, pay statements, or payroll-related tax items.
  • Coordinate with the appropriate PEO or internal team to resolve payroll issues promptly.
  • Own payroll audit processes and maintain clean, organized payroll records.
  • Ensure that employee reimbursements (e.g., out-of-pocket expenses, stipends) are accurately submitted and paid out with payroll in alignment with our policies.
  • Collaborate with internal stakeholders on annual processes such as benefits renewals, payroll tax filings, and total rewards audits.
  • Support the administration of U.S. and international employee benefits, including enrollments, renewals, and monthly reconciliations.
  • Help manage financial aspects of benefits administration.

Requirements

  • [Specific requirements not provided in the original text - this section would typically detail education, years of experience, specific software proficiency, etc.]

Application Instructions

  • [Specific application instructions not provided in the original text - this section would typically detail how to apply, resume submission, cover letter requirements, etc.]

Skills

Accounting
Payroll
Accounts Payable
Detail-oriented
Dependable

Offchain Labs

Develops scaling solutions for Ethereum blockchain

About Offchain Labs

Offchain Labs develops scaling solutions for the Ethereum blockchain, with its main product being Arbitrum. Arbitrum enhances Ethereum's performance by making transactions faster and cheaper, which is important during times of high network activity. The technology uses rollup technology to combine multiple transactions before sending them to the Ethereum blockchain, reducing congestion and costs. Offchain Labs serves a variety of clients, including developers and businesses in the blockchain and cryptocurrency sectors, and generates revenue through transaction fees and premium services. The company's goal is to make Ethereum more efficient and accessible for all users.

Princeton, New JerseyHeadquarters
2018Year Founded
$139.8MTotal Funding
SERIES_BCompany Stage
Fintech, Crypto & Web3Industries
51-200Employees

Benefits

Remote Work Options
Conference Attendance Budget
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Home Office Stipend

Risks

Competition from Layer 2 solutions like Optimism and zkSync is intensifying.
Regulatory scrutiny on blockchain projects could impact Arbitrum's operations.
Cryptocurrency market volatility may affect Arbitrum's adoption and usage.

Differentiation

Offchain Labs' Arbitrum offers faster, cheaper Ethereum transactions using rollup technology.
Arbitrum's integration with Lotte Caliverse showcases its capability in blockchain-based entertainment.
Arbitrum Stylus supports multi-language DApp development, enhancing developer flexibility.

Upsides

Growing demand for Layer 2 solutions boosts Arbitrum's adoption amid high Ethereum gas fees.
Partnership with Lotte Group expands Arbitrum's reach in the entertainment industry.
Launch of 15-minute withdrawals enhances user experience on Arbitrum Orbit chains.

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