Staff Accountant at BitGo

Palo Alto, California, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Cryptocurrency, Blockchain, Financial ServicesIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or related field
1–3 years of accounting experience
Experience with crypto accounting is highly preferred but not required
Strong Excel skills
Familiarity with accounting systems NetSuite, or similar
Analytical mindset with strong attention to detail
Comfortable working in a fast-paced, evolving environment
Strong communication and collaboration skills
CPA or progress toward CPA is a plus

Responsibilities

Record and reconcile crypto and fiat transactions across multiple wallets, exchanges etc
Assist in month-end and year-end close, including journal entries and account reconciliations
Track and manage crypto asset movements
Support accounts payable/receivable functions including vendor payments, invoicing, and revenue recognition
Maintain the general ledger and ensure accurate classification of both crypto and fiat transactions
Assist with audits by providing necessary documentation and explanations
Ensure compliance with GAAP and internal policies
Perform ad hoc financial analysis and reporting as required

Skills

Accounting

GAAP

General Ledger

Account Reconciliation

Journal Entries

Month-End Close

Accounts Payable

Accounts Receivable

Financial Reporting

Audits

Crypto Transactions

Crypto Reconciliations

Fiat Transactions

BitGo

Custodial services for digital assets

About BitGo

BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs that allow clients to integrate these services into their platforms. BitGo also provides staking services, enabling clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The goal of BitGo is to support institutional investors by offering reliable and compliant services that enhance the security and management of digital assets.

Palo Alto, CaliforniaHeadquarters

2013Year Founded

$165.8MTotal Funding

SERIES_CCompany Stage

Crypto & Web3, Financial ServicesIndustries

201-500Employees

Benefits

Company-paid medical, dental, and vision plans

Catered lunches, fresh snacks, and gourmet coffee

Commuting made easy with company-paid Caltrain passes

Competitive compensation, stock options, and 401k plan

Computer equipment and workplace furniture

Flexible vacation time

Risks

Increased competition from firms like E-Trade could challenge BitGo's market share.

Retail platform launch may dilute BitGo's institutional-focused brand.

Expansion into retail services could lead to increased regulatory scrutiny.

Differentiation

BitGo offers multi-signature wallets enhancing security for institutional clients.

The company provides APIs for seamless integration into client platforms.

BitGo's strategic acquisitions have expanded its platform and service offerings.

Upsides

BitGo's retail platform taps into a new customer segment, increasing revenue potential.

Expansion into Singapore positions BitGo to capitalize on APAC market growth.

Partnerships with firms like Core Foundation highlight BitGo's diverse sector involvement.

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