Director, Kraken

Revenue Projects

$155-234k

Excel
NetSuite
SAP
Expert level
Remote in US
Kraken

Cryptocurrency exchange

Open for applications

Kraken

Cryptocurrency exchange

501-1000 employees

FintechB2CCryptocurrencyTradingBlockchain

Open for applications

$155-234k

Excel
NetSuite
SAP
Expert level
Remote in US

501-1000 employees

FintechB2CCryptocurrencyTradingBlockchain

Company mission

To accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion.

Role

Who you are

  • Bachelor’s degree in Accounting, Finance, or a closely related field required
  • Minimum of 10 years of experience in revenue accounting or related fields, with at least 5 years in a leadership role
  • Experience in establishing internal control and solid experience with SOX
  • Experience with ERP systems, such as Netsuite or SAP and system integration experience a plus
  • Ability to handle and lead multiple projects and deliverables in a fast-paced, dynamic environment
  • Microsoft Excel proficiency including pivot tables, H- & V-Lookup / data analysis over large data sets
  • Working experience from the Big 4 or national accounting firms and/or industry, preferred in Financial Services, Fintech, broker-dealer, banking or exchange
  • Knowledge of ASC 606 and other relevant accounting standards
  • Exceptional attention to detail and accuracy
  • Excellent analytical and problem solving skills
  • Strong communication and presentation skills, with the ability to convey complex financial information to non-financial stakeholders
  • Collaborative, innovative, flexible, and adept at building relations across the organization
  • CPA certification required; additional certifications (e.g., CMA CFA) are a plus
  • Experience with high volume transactions
  • Experience using an ERP system such as Netsuite, SAP
  • Experience or knowledge with cryptocurrency

What the job involves

  • We are seeking a Director of Accounting on Revenue Projects who will work closely with your Finance and Accounting leadership business partners to plan, implement, improve, automate, test, and ensure the Platform Accounting team provides complete and accurate financial records and reports for management, improves the quality of our financial statements, and boosts our audit readiness
  • Join an elite Finance team to drive improvements and automation for all internal processes.
  • The Director of Accounting, Revenue Projects is responsible for overseeing new products and acquisition integrations with existing systems, ensuring compliance with relevant accounting standards (e.g, ASC 606), and managing the revenue Project and M&A team.
  • This role involves working closely with cross functional teams, including, Business Development, Legal, Tax, Finance Transformation, and Product Engineering, to ensure accurate and timely revenue recognition and reporting.
  • This person will play a critical role in implementing and optimizing revenue recognition processes and systems to support the company’s growth and financial objectives.
  • Oversee and manage the new products and acquisitions integration to current financial systems
  • Assess proper revenue and accounting treatments, ensuring compliance with ASC 606 and other applicable accounting standards
  • Work with Technical Accounting Group and support revenue-related transactions, contracts, and new business initiatives
  • Collaborate with Business Development, Legal, Tax and Operations teams to review contracts and agreements, ensuring that revenue and customer activities are recognized appropriately and in accordance with company policy
  • Collaborate with Tax, Regulatory, Legal and Finance Transformation teams on entity migration for assets and customers
  • Liaise with internal and external auditors to support the audit process, providing necessary documentation and explanations for revenue related inquiries
  • Identify opportunities for process improvement in revenue recognition and reporting, including the use of technology and automation
  • Lead initiatives to streamline and optimize revenue accounting processes to support the company’s growth and scalability
  • Lead and support special projects, such as system implementation, acquisitions, and/or new product launches, that impact revenue recognition
  • Additional duties and responsibilities as assigned

Our take

Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Kraken’s clients also trade USD, CAD, ETH, XRP, LTC and other digital currencies, on a platform consistently rated the best and most secure bitcoin exchange by independent news media.

Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, and one of the first exchanges to offer leveraged bitcoin margin trading.

Kraken are one of the top 3 bitcoin exchanges by volume, behind Coinbase and bit-x with an 18% market share. While this is a competitive space to operate in - the volume of crypto being exchanged every day is very high, so there's space for multiple winners.

Kraken have made a number of acquisitions and have strengthened its world-leading position with the launch of new products, features and apps and a 24/7 multi-lingual support line. The company will continue to provide clients with easier and more versatile ways to participate in the crypto ecosystem.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Insights

Many candidates hear
back within 2 weeks

13% female employees

22% employee growth in 12 months

Company

Funding (last 2 of 4 rounds)

Feb 2019

$100m

SERIES C

Mar 2014

$5m

SERIES A

Total funding: $111.5m

Company benefits

  • Work where you want: 90% of Krakenites work remotely, we believe people do their best work wherever they're happiest
  • Flexibility and Autonomy: We are highly results-focused vs. time-focused. We want you to work when and how you need to keep you at your most proactive
  • We value diversity: Our Team is spread across 60 countries. By joining Kraken you'll be part of a truly multicultural organization that values diversity and inclusion
  • A new approach to salary: Kraken prides itself on being at the forefront of crypto innovation, and that means the majority of our workforce has the option to be paid in bitcoin
  • Equity Options: Kraken owes its success and growth to its people. That's why we offer nearly all our Krakenites a stake in the company

Company values

  • Crypto Conviction
  • Assume Best Intent
  • Innovative
  • Collaborative
  • Client Obsessed
  • Productively Paranoid
  • Globally Inclusive
  • Humble

Company HQ

Financial District, San Francisco, CA

Leadership

Jesse Powell

(Chairman of the Board)

Previously co-founded Verge Gallery & Studio Project, Lewt and Internet Ventures & Holdings

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