Accounting Manager, Magic Eden
$140-170k
Offers equity
NFT marketplace
Job no longer available
NFT marketplace
101-200 employees
Job no longer available
$140-170k
Offers equity
101-200 employees
Company mission
To build the best place to trade and rate onchain.
Role
Who you are
- If you are a strategic thinker with a passion for finance and a keen interest in blockchain technology, we'd love to hear from you!
- Bachelor's degree in Accounting, Finance, or related field; CPA certification preferred
- 5+ years of progressive experience in accounting roles, with a minimum of 2 years in public accounting or auditing
- Strong understanding of GAAP principles and experience in applying them to complex accounting transactions
- Knowledge of NFTs, blockchain technology, digital assets subledger and digital asset markets is desirable
- Proven track record of managing accounting operations, driving process improvements, and ensuring regulatory compliance
- Excellent analytical skills, with the ability to interpret financial data, identify trends, and make data-driven decisions
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
- Detail-oriented with a focus on accuracy and compliance; experience with regulatory reporting is preferred
- Proficiency with ERP systems
- Ability to thrive in a remote work environment, demonstrating autonomy, initiative, and adaptability
- Passion for innovation, creativity, and the transformative potential of NFTs in the digital economy
What the job involves
- As an Accounting Manager for our NFT marketplace, you will play a critical role in managing our financial operations, ensuring compliance, implementing best practices, and providing support for the company's growth objectives
- This position offers an exciting opportunity to work in a dynamic industry and contribute to the success of a pioneering platform
- Join us in shaping the future of digital ownership and expression through NFTs
- Oversee and manage the general ledger, revenue recognition, accounts payable/receivable, and expense process
- Manage the month-end and year-end close process, including consolidations, reconciliations, accruals, and journal entries with a high degree of accuracy and efficiency
- Prepare and review financial statements, including monthly, quarterly, and annual reports, for accuracy and completeness
- Support tax preparation and filings
- Implement and maintain robust internal controls to safeguard assets and ensure compliance with regulatory requirements
- Evaluate and improve accounting systems, workflows, and reporting tools for efficiency and accuracy
- Collaborate with cross-functional teams to optimize financial processes and systems, driving efficiency and scalability
- Manage relationships with external auditors, tax advisors, and financial institutions to support audit and tax compliance activities
- Conduct financial analysis and provide ad-hoc reporting and support as needed to inform decision-making and drive business growth
Our take
The total volume traded in non-fungible tokens (NFTs) is well over $50 billion, and they have revolutionized the way that creators can monetize their work. Magic Eden supplies a platform for trading NFTs, that is distinct for its focus on gamers and the internet community. As well as functioning as a marketplace, which is the base capability of many competitors, it also employs vertical integration of NFTs within the games it hosts on its platform.
This unique focus has primed Magic Eden for huge success - it moved from launch to Unicorn status in just 9 months and achieved ICO funding of $45 million in 2023. Although there are much larger NFT marketplaces, such as the market-controlling OpenSea, Magic Eden's incorporation of the Ethereum blockchain into its program (it initially only used the smaller Solana) indicates that it may be set to take on its older, more established competitors.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 3 rounds)
Jun 2022
$130m
SERIES B
Mar 2022
$27m
SERIES A
Total funding: $159.5m
Leadership
Jack Lu
(Co-Founder & CEO)Jack previously worked as a Project Manager at Google, Consultant at BCG, and Software Engineer at HelloBlock.
Sidney Zhang
(Co-Founder & CTO)Previously founded and was CTO of HelloBlock. They also worked as an Engineering Manager at both Uber and Facebook.
Zhuoxun Yin
(Co-Founder & COO)Prior to Magic Eden, worked as a Senior Product Manager at Coinbase. They were also Head Of Strategy & Business Operations at dYdX and a Senior Associate Consultant at Bain & Company.
Zhoujie Zhou
(Co-Founder & Chief Engineer)Former Staff Engineer at Facebook, as well as working at Uber as a Software Engineer and at Checkr as a Senior Staff Software Engineer.
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