Financial Associate, Ethena
€50-75k
Infrastructure unlocking Ethereum's potential
Job no longer available
Infrastructure unlocking Ethereum's potential
1-20 employees
Job no longer available
€50-75k
1-20 employees
Company mission
To provide access to trustless, globally accessible, and secure money and savings.
Role
Who you are
- Proven experience in a financial accounting role, preferably within a multi-entity or international environment where you’ll have had responsibilities in IFRS and financial accounting operations. You must be able to execute recurring tasks with a sharp eye for supporting documentation
- A mindset geared toward identifying inefficiencies and suggesting practical improvements to scaling workflows in executing payment runs and monitoring balance movements across bank accounts, custodians, exchanges, and stablecoin wallets
- Knowledge of blockchain explorers (e.g., Etherscan) to verify transfers. Experience with (or a strong desire to learn) crypto sub-ledgers like Cryptio, Cryptoworth, or Tres
- Experience of organizing working papers and maintaining a structured audit trail that meets institutional requirements
What the job involves
- As a Financial Associate, your mission is to assist the Finance Manager in scaling a robust, Web3-native accounting and control environment
- You will play a pivotal role in ensuring that the organization accurately captures, classifies, and reconciles both fiat and onchain financial activity across multiple entities and products
- When you join, you’ll be a core part of the Finance Team
- This position owns the core accounting operations, ranging from transaction recording and complex reconciliations to month end close support and audit readiness
- Reporting directly to the Finance Manager, you will work to bridge the gap between traditional general ledger systems and crypto data sources
- This is an ideal role for a detail oriented accounting professional looking to deepen their expertise in the evolving digital asset landscape
- Reliably record purchase, sales, intercompany, and treasury transactions across fiat and digital asset accounts. You will ensure precise coding, VAT/tax treatment, and the maintenance of robust supporting documentation
- Perform recurring reconciliations across bank accounts, custodians, exchanges, and on-chain wallets. You will investigate breaks and clear unmatched items to improve reconciliation support files
- Execute supplier and treasury payments across fiat and digital asset rails, ensuring all runs follow strict approval workflows and are accurately recorded
- Support the link between Web3 accounting software and the general ledger. You will validate transaction completeness and investigate mismatches using blockchain explorers
- Assist with multi entity consolidation by preparing entity level schedules, intercompany reconciliations, and data packs for group reporting and regulatory requests
- Prepare transaction schedules for VAT and tax filings. You will work to reduce follow-up queries from local accountants and maintain an "audit ready" trail of evidence
- Prepare and post accruals, prepayments, and depreciation entries to enhance the quality and consistency of the month end close process
Our take
Ethena aims to provide accessible and permissionless dollar-denominated savings instruments to individuals beyond the United States. This begins with creating a US dollar stablecoin that operates independently of traditional financial systems, offering full collateralisation and transparency.
Alongside this stablecoin, Ethena is crafting the world's first digitally native savings bond. Unlike traditional bonds tied to centralised banks, this bond token will provide an alternative savings platform for users worldwide.
This ambitious vision has attracted significant investment, which will help the company propel its market presence. As Ethena strives to provide a decentralised and capital-efficient solution, it is poised to redefine the landscape of DeFi, offering a promising alternative to traditional banking systems for users globally.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Oct 2025
$30m
EARLY VC
Aug 2025
$10m
EARLY VC
Total funding: $76m
Company HQ
Pena, Lisbon, Lisbon
Leadership
Guy Young
(Founder)Founded Ethena in early 2023. Previously worked in Investing at Cerberus Capital Management.
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