Financial Accountant, Bitfinex

Salary not provided

Excel

Google Sheets

Senior level

London

Remote from UK

Digital asset trading platform

Job no longer available

Digital asset trading platform

201-500 employees

FintechB2CB2BCryptocurrencyTrading

Job no longer available

Salary not provided

Excel

Google Sheets

Senior level

London

Remote from UK

201-500 employees

FintechB2CB2BCryptocurrencyTrading

Company mission

To give users the ultimate cryptocurrency trading experience.

Job

Company

Role

Who you are

Bachelor's degree in Accounting, Finance, or a related field
At least 5 years of relevant experience in accounting and finance
Strong knowledge of IFRS
ACCA, CIMA, CPA, or CFA qualifications (or ongoing certification) will be considered an advantage
Proficiency in English (both written and verbal)
Advanced proficiency in MS Excel or Google Sheets
Strong understanding of double-entry bookkeeping principles
Excellent analytical and problem-solving skills, with a keen attention to detail and a strong eagerness to learn
Effective communication skills, both written and verbally
Ability to work independently and collaboratively in a fast-paced environment

What the job involves

Financial Accountant to provide daily accounting, recordkeeping and support services for the finance team within the Group
Ensure accurate recording and maintenance of source data in the accounting system, adhering to IFRS standards and internal controls
Assist in performing bank, investment, and system reconciliations
Oversee the review of expense documents submitted to the Expense Management System, ensuring accuracy, completeness, and compliance with company policies
Oversee the maintenance and accuracy of vendor master data in compliance with company standards
Review, validate or execute monthly contractor payouts, ensuring payments are prepared with proper documentation with adherence to internal control policies
Manage contractor reimbursement claims with precision, ensuring timely and accurate processing
Manage communications with internal and external service providers regarding payments and document handling, utilizing chat, email, and shared mailbox platforms
Oversee and manage the reconciliation of intercompany balances, addressing discrepancies to maintain accuracy and alignment with financial policies
Support the finance team in managing external audits, coordinating with auditors to ensure thorough and accurate audit processes
Preparing and posting journal entries for accruals, prepayments, reclassifications, and other adjustments
Perform regular analysis and reconciliation of accounts payable (AP) to ensure accuracy, identify discrepancies, and support timely financial reporting
Provide support in preparing monthly, quarterly, and annual financial statements and management accounts, ensuring accuracy and timeliness
Ensure strict adherence to company-wide financial accounting processes and policies, applying them consistently to meet the highest standards
Proactively identify and implement opportunities for process improvements and automation to streamline workflows and optimize operational performance
Apply best practices to optimize efficiency and accuracy across financial operations, ensuring consistent and reliable results
Consistently deliver timely results on ad-hoc tasks and offer proactive support to various departments, including Legal, Compliance, Marketing, and Operations
Offer consistent daily support to finance team members within the Company and the Group, ensuring smooth operations
Provide guidance, and mentorship to junior staff, helping them develop skills and advance in their roles
Engage in training sessions and team-building activities

Salary benchmarks

Our take

Since its 2012 founding, Bitfinex has consistently been one of the world’s largest crypto exchanges, supporting over 150 currencies and offering multiple trading options. Its popularity is largely down to how user friendly it is for all levels of trader, from beginner to pro.

For all its popularity, it’s impossible to ignore the controversies the company has faced, along with its sister currency Tether. This includes hacking, a highly publicized settlement over an alleged $850 million loss cover-up, and its involvement in a shadow banking operation which landed the perpetrator 6 years in prison.

It’s also worth noting however, that bad press has dogged a lot of major players in the crypto world. Bitfinex’s supporters don’t seem to have been swayed by the headlines, and the company continues to move on. In 2022, it gained access to the Single Euro Payments Area (SEPA), and the company is hoping to gain regulatory approval and licensing around the world.