Technical Accounting and Financial Reporting Lead
Anchorage Digital
IT, Accounting & Finance
United States
Posted 6+ months ago
At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto.
Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings.
The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
As our company, revenues, and team continue to grow, we are continuing to grow the accounting team and are looking to add a Technical Accounting and Financial Reporting Lead to our team. This role will report into the Accounting Policy, Processes & Controls Team Lead and will help to enhance and streamline financial reporting, technical accounting, processes and controls across the company. You will collaborate with cross-functional teams to evaluate accounting implications of new and existing product offerings, ensure accurate financial reporting, and provide best-in class execution to enhance the accounting organization’s control environment, support the company’s growth and prepare the company for an eventual successful IPO. You will perform technical research and prepare technical accounting memos for topics including but not limited to share-based payment, debt and equity instruments, derivatives, crypto assets, internal use software, and revenue recognition and will step in when needed to assist on special projects, including reviewing complex transactions and other accounting matters related to the completion of the annual financial audit. These responsibilities will include month-end, quarter-end, and year-end reporting, including financial statement disclosures and footnotes. This opportunity will give you exposure to working in a fast-paced start-up environment in a growing and ever-changing industry.
We have created the Factors of Growth & Impact to help Villagers better measure impact and articulate coaching, feedback, and the rich and rewarding learning that happens while exploring, developing, and mastering the capabilities and contributions within and outside of the Financial Reporting Accounting Lead role:
Technical Skills:
- Manage timely and accurate financial reporting for internal and external stakeholders in accordance with US GAAP and IFRS (i.e. footnote support schedules, tie-outs and disclosure checklists).
- Support the preparation and review of the consolidation of financial statements and disclosures of multiple legal entities.
- Proven ability to conduct thorough technical accounting research.
- Proven ability to prepare clear and comprehensive technical accounting evaluation memos on complex transactions and events.
- Collaborate with various departments to ensure accurate financial information and disclosures.
- Significant experience in equity accounting and reporting (SBC, financial statement disclosures, etc.).
- Assist in the implementation of new US GAAP accounting standards and preparation of new or updating existing accounting policies.
- Coordinate with the general ledger team to assist in preparing the audited financial statements.
- Help develop and maintain internal controls over financial reporting including drafting process memos.
- Assist in month-end, quarter-end, and year-end close activities for multiple legal entities and all digital asset accounts, including processes related to internal crypto reconciliation/ assessment of impairment.
- Perform equity reconciliations, and prepare monthly and quarterly equity workpapers for the Company’s equity-related accounts.
Complexity and Impact of Work:
- Collaborate with process owners to understand the Company’s risks and controls and establish a solid control environment to support our high growth business.
- Work on complex accounting issues where problems are not clearly defined and where fundamental principles or historical precedent may not fully apply.
- Ensure adherence to accounting policies and procedures including GAAP and IFRS for non-US subsidiaries.
- Assist in external audit processes to ensure accuracy and timeliness of financial data.
- Support implementation and design of new financial and accounting software and integration tools.
- Perform special, ad-hoc projects in Accounting/Finance, as requested.
Organizational Kowledge:
- Constantly aware of the strategy and new products/initiatives at the company.
- Understands how the company’s priorities relate to your own area of work, and clearly communicates the ‘why’ behind the work.
Communication and Influence:
- Experience in a combination of audit/financial statement reporting/technical accounting (at a high-growth company, strongly preferred)
- CPA
- Kept up to date with the proliferation of blockchain and crypto innovations
- Extensive experience working with Carta for financial reporting and reconciliation purposes
- Experience with implementing and evaluating US GAAP standards: ASC 718, ASC 815, ASC 326, ASC 606
- Strong understanding of US GAAP accounting standards including: ASC 350-40, ASC 350-30, ASC 350-60
- Experience with accounting for different types of equity awards and equity programs from both a technical and operational perspective
- Ability to identify matters that have a technical accounting impact based on review of contracts, Board minutes, term sheets, etc.
- Familiarity with an ERP system such as Netsuite, SAP, or Oracle recommended but not required
Although not a requirement, bonus points if you have:
- You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)
About Anchorage Digital: Who we are
The Anchorage Village, what we call our team, brings together the brightest minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in the evolving digital asset ecosystem. As a diverse team of more than 300 members, we are united in one common goal: building the future of finance by providing the foundation upon which value moves safely in the new global economy.
Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, and we are intentional about making sure people feel respected, supported, and connected at work—regardless of who you are or where you come from. We value and celebrate our differences and we believe being open about who we are allows us to do the best work of our lives.
Anchorage Digital is an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital considers qualified applicants regardless of criminal histories, consistent with other legal requirements. “Anchorage Digital” refers to services that are offered either through Anchorage Digital Bank National Association, an OCC-chartered national trust bank, or Anchorage Lending CA, LLC a finance lender licensed by the California Department of Financial Protection and Innovation, License No. 60DBO-11976, or Anchorage Digital Singapore Pte Ltd, a Singapore private limited company, all wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation.
Protecting your privacy rights is important to Anchorage Digital, and we work to maintain the trust and confidence of our clients when handling personal or financial information. Please see our privacy policy notices here.