Technical Accounting and Financial Reporting Lead, Anchorage Digital

$123-175k

+ Equity

Senior and Expert level
Remote in US
New York
Anchorage Digital

Regulated crypto platform

Open for applications

Anchorage Digital

Regulated crypto platform

201-500 employees

FintechB2BCryptocurrencySaaS

Open for applications

$123-175k

+ Equity

Senior and Expert level
Remote in US
New York

201-500 employees

FintechB2BCryptocurrencySaaS

Company mission

To help institutions participate securely in digital assets, by setting a new standard for crypto finance.

Role

Who you are

  • Significant experience in equity accounting and reporting (SBC, financial statement disclosures, etc.)
  • 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
  • Experience in a combination of audit/financial accounting/technical accounting (at a high-growth, pre-IPO startup)
  • Excellent written and oral communication skills and an ability to drive cross functional projects
  • A combination of the following: creative, ambitious, detail-oriented, hardworking, trustworthy, eager to learn, action-oriented and tenacious. Excellent organization skills and the ability to manage multiple high volume workloads in a fast-paced environment
  • A track record of driving strong performance and accountability

Desirable

  • CPA, strongly preferred
  • Kept up to date with the proliferation of blockchain and crypto innovations
  • Implementing an ERP system such as Netsuite, SAP, or Oracle
  • You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system :)

What the job involves

  • 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 revenue recognition, stock based compensation, lease accounting and internal use software, 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
  • 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)
  • Responsible for the review of the consolidation of financial statements from multiple - legal entities
  • Collaborate with various departments to ensure accurate financial information and disclosures
  • Coordinate with the general ledger team to prepare the audited financial statements
  • 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
  • Familiarity with NetSuite and Carta
  • Familiarity with GAAP accounting standards such as: ASC 606, ASC 326, ASC 718, ASC 842, ASC 740 as well as different types of equity awards and equity programs
  • 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

Our take

Anchorage is a crypto-native digital asset platform offering a raft of solutions that help companies leverage blockchain technologies. Their advanced security architecture facilitates streamlined access to the complex and fragmented digital asset space.

Financial backing for Anchorage has come from prestigious investors Visa and Andreessen Horowitz. Anchorage's broad offerings are set to be matched by plans to partner across a wide spread of neobanks, challenger & incumbent banks, and corporate treasurers. This would mean an impressive expansion of their already substantial domain of influence in a rapidly developing sector.

In early 2021, Anchorage secured a national trust charter from the OCC, making it the first-ever federally chartered digital asset bank. This is significant, as it provides a good barrier to entry for other companies looking to compete in this space, and gives legacy institutions the ability to offer digital asset access to their clients. Though it has raised considerable funding in the past, crypto instability and wider macroeconomic challenges forced Anchorage to cut 20% of its staff in March 2023. 2022 clampdowns on customer due dilligence internal controllers added to the pressure on Anchorage to streamline and refocus its efforts.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Insights

Top investors

Few candidates hear
back within 2 weeks

-5% employee growth in 12 months

Company

Funding (last 2 of 4 rounds)

Dec 2021

$350m

SERIES D

Feb 2021

$80m

SERIES C

Total funding: $487m

Company benefits

  • 100% health, dental, and vision coverage for employees and their dependents
  • Family comes first: we offer parental and child bonding leave to all new parents
  • Meaningful equity - Every team member is a part owner in the company and community that we’re all building together
  • We allow employees to work anywhere in the U.S. or Portugal, and have physical workspaces in New York, San Francisco, South Dakota, and Portugal
  • Flexible time-off plan - Take time off, guilt-free, so you can recharge when you need to
  • 401(k) plan & FSA account

Company HQ

Financial District, San Francisco, CA

Articles

Leadership

Diogo Mónica

(Executive Chairman)

Former advisor and board member at Jscrambler and advisor at StackRox with Phd in Computer Science at Instituto Superior Tecnico.

Former director at Vendor Security Alliance and Docker. Former Security Engineering Manager at Square.

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