Senior Accountant, Paxos
Financial Close
$104.8-123.3k
+ Equity
Blockchain infrastructure for financial services
Be an early applicant
Blockchain infrastructure for financial services
201-500 employees
Be an early applicant
$104.8-123.3k
+ Equity
201-500 employees
Company mission
To enable the movement of any asset, at any time, in a trustworthy way.
Role
Who you are
- A minimum of 3 years of combined experience in public accounting (audit) and private/in-house accounting
- Experience in start-ups and/or financial services
- Bachelor’s degree in accounting, CPA license and strong knowledge of GAAP
- Experience overseeing and managing accounting staff
- Proficiency with NetSuite ERP or other cloud-based accounting software
- Strong drive to continuously improve the accounting operations, controls and financial reporting processes, including leveraging systems and technologies to improve workflows and scalability
- Excellent organizational, time management, communication and interpersonal skills
What the job involves
- The accounting team provides in-depth guidance to the rest of the organization on financial results, delivering essential insights that influence key decisions—from daily operations to long-term strategies
- The team is responsible for solving complex financial questions in an evolving environment with new regulations, technologies and financial challenges
- Their efforts help Paxos drive innovation, expand market reach and ultimately achieve Paxos’ mission of building a more open and inclusive financial system
- As a Senior Accountant on the Accounting team, you’ll play a critical role in helping the team with the month-end, quarterly and financial closing process
- You’ll have the opportunity to dive into new accounting standards and drive their implementation
- You’ll be essential in helping with Paxos’ day-to-day accounting activities, overseeing aspects of the general ledger including but not limited to, cash management and intercompany functions
- You'll collaborate with cross-functional teams, including strategic finance, treasury and operations to provide valuable insight
- This role is critical to Paxos’ success, ensuring that all reporting timelines are met and financial information is accurate, enabling informed decisions that drive growth and profitability
- Perform both routine and non-routine/complex monthly close responsibilities
- Analyze books and records on a monthly basis to ensure accuracy and completeness
- Ensure compliance with GAAP and international statutory reporting requirements
- Liaise with external audit firm on both routine and non routine matters
- Participate in and guide the the development, implementation and maintenance of accounting policies and internal controls
- Assist in designing new processes and enhance existing ones; implement scalable processes to support the Paxos’ growth, and drive continuous improvement
- Enable Paxos to meet internal and external reporting requirements
- Immerse yourself in blockchain technology, cryptocurrency for enterprises and investors, our regulation-first approach, and more!
Our take
Paxos develops regulation-compliant infrastructure services for companies looking to add features like crypto brokerages or branded stablecoins to their customer offerings. Its focus on regulatory compliance, and its status as one of only three national trusts born in the crypto ecosystem, gives it an edge in building a unique and global network of enterprise customers.
Cryptocurrency remains a risky sector, so a company at the forefront of crypto regulation is proving highly attractive to a growing sector of enterprises tentatively dipping their toes in. It is pushing ahead of competitors as one of the largest crypto/blockchain startups with substantial funding and an impressive valuation.
Its growth has been backed up by material results, too. It has established relationships with firms like Bank of America, Credit Suisse and Mastercard. PayPal also leverages Paxos on its backend to enable its users to buy, sell and hold crypto. This proven success with an expanding roster of big-name clients is very impressive, as is the company's success in receiving approval to convert to an OCC National Trust Bank.
Steph
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$300m
SERIES D
Dec 2020
$142m
SERIES C
Total funding: $535.3m
Company HQ
Midtown East, New York, NY
Leadership
Charles Cascarilla
(CEO & Co-founder)Previous Co-founder and Partner at Cedar Hill Capital Partners for 10 years. Current Partner at Liberty City Ventures and Founding Board Member of the Association for Digital Asset Markets, alongside working at Paxos.
Rich Teo
(CEO Asia & Co-founder)Previous Financial Analyst at Citi for 2 years before becoming a Principal / Senior Analyst at Cedar Hill Capital Partners. Has served as CEO of Asia at Paxos for 7 years.
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