At River Financial we have made a commitment to building financial solutions that power a radically more transparent and efficient global economic system made possible by Bitcoin. To that end, we have built leading Bitcoin brokerage and custody products to keep our clients ahead of the curve. We now aim to bring to the world premier Bitcoin banking solutions that offer a full array of financial services for our clients. We are looking for people to help build the future of the Bitcoin economy at River Financial.
When hiring, we look for candidates who demonstrate the ability to think clearly, communicate effectively, and get things done. We value people who are able to think and build for the future without forgetting the lessons of the past.
We are looking for an experienced accounting professional who can support and grow our product accounting operations. The Senior Product Accounting Associate will be responsible for collaborating with our engineering and product teams to ensure new products are built within an appropriate accounting framework while also managing the accounting records for our existing brokerage platform.
What you will be doing
- Improve and manage accounting processes by ensuring appropriate records and reconciliations are maintained for our existing brokerage product
- Collaborate with the Engineering team to develop accounting processes and internal controls for new products.
- Review and compare internal systems with our brokerage platform to assist with fiat and digital asset position reconciliations across our various liquidity partners and crypto wallets
- Independently manage and enhance current reconciliation processes for greater efficiency and transparency while promptly researching and correcting discrepancies and communicating actions to the appropriate stakeholders
- Analyze data against business drivers to identify issues and trends
- Communicate and facilitate break resolution between our OTC desks, Risk Team and accounting records, including creating journal entries as necessary
- Maintain and review daily, monthly and yearly reconciliations for financial and accounting issues and reporting
- Provide support for external audits
- Participate in ad hoc reporting requests.
What we look for in you
- Bachelor’s degree in Accounting
- 5+ years of relevant accounting/audit experience
- Industry experience in financial services, fintech, broker-dealer, banking, or exchange required
- CPA in good standing is strongly preferred
- Experience or cryptocurrency knowledge is strongly preferred
- Strong understanding of U.S. GAAP and financial accounting fundamentals
- Significant proficiency in Microsoft Excel and Google Sheets
- Ability to thrive in an industry with no authoritative accounting guidance related to accounting for cryptocurrencies. The ideal candidate will help us continue to strengthen our accounting practices with respect to industry best practices and related existing guidelines
- Collaborative, innovative, flexible, and adept at building relationships across the organization
- Ability to handle multiple projects and deliverables in a fast-paced, dynamic environment
At River Financial we have made a commitment to building financial solutions that power a radically more transparent and efficient global economic system made possible by Bitcoin. To that end, we have built leading Bitcoin brokerage and custody products to keep our clients ahead of the curve. We now aim to bring to the world premier Bitcoin banking solutions that offer a full array of financial services for our clients. We are looking for people to help build the future of the Bitcoin economy at River Financial.
When hiring, we look for candidates who demonstrate the ability to think clearly, communicate effectively, and get things done. We value people who are able to think and build for the future without forgetting the lessons of the past.
We are looking for an experienced accounting professional who can support and grow our product accounting operations. The Senior Product Accounting Associate will be responsible for collaborating with our engineering and product teams to ensure new products are built within an appropriate accounting framework while also managing the accounting records for our existing brokerage platform.
What you will be doing
- Improve and manage accounting processes by ensuring appropriate records and reconciliations are maintained for our existing brokerage product
- Collaborate with the Engineering team to develop accounting processes and internal controls for new products.
- Review and compare internal systems with our brokerage platform to assist with fiat and digital asset position reconciliations across our various liquidity partners and crypto wallets
- Independently manage and enhance current reconciliation processes for greater efficiency and transparency while promptly researching and correcting discrepancies and communicating actions to the appropriate stakeholders
- Analyze data against business drivers to identify issues and trends
- Communicate and facilitate break resolution between our OTC desks, Risk Team and accounting records, including creating journal entries as necessary
- Maintain and review daily, monthly and yearly reconciliations for financial and accounting issues and reporting
- Provide support for external audits
- Participate in ad hoc reporting requests.
What we look for in you
- Bachelor’s degree in Accounting
- 5+ years of relevant accounting/audit experience
- Industry experience in financial services, fintech, broker-dealer, banking, or exchange required
- CPA in good standing is strongly preferred
- Experience or cryptocurrency knowledge is strongly preferred
- Strong understanding of U.S. GAAP and financial accounting fundamentals
- Significant proficiency in Microsoft Excel and Google Sheets
- Ability to thrive in an industry with no authoritative accounting guidance related to accounting for cryptocurrencies. The ideal candidate will help us continue to strengthen our accounting practices with respect to industry best practices and related existing guidelines
- Collaborative, innovative, flexible, and adept at building relationships across the organization
- Ability to handle multiple projects and deliverables in a fast-paced, dynamic environment
The Director of Finance and Operations will work closely with the CEO and the Lightning Labs executive team to manage day-to-day business execution and lead cross-functional projects to accelerate company growth and help us bring bitcoin to the next billion people. This role will oversee business and finance activities including management of accounting, audit, tax, and financial reporting. In addition, this individual will lead cross-functional initiatives and ensure alignment across the team in completing projects. The ideal candidate has a strong finance and business operations background, experience at a high-growth startup, and an interest in bitcoin and Lightning.
Responsibilities may include but are not limited to:
Business & Finance Operations
- Manage day-to-day financial operations within the company (payroll, invoicing, accounting, and all other transactions), including owning all accounting and reporting systems.
- Serve as the point of contact between our bookkeeping providers, R&D accountants, and our tax accounting firm.
- Consistently analyze revenue, expenses, cash flows, and balance sheet.
- Maintain an accurate filing and record-keeping system for all financial statements and company documents.
- Ensure compliance with accounting policies and regulatory requirements.
- Lead cost and budget planning for the company, including developing budgets, tracking and explaining variance, and delivering clear and actionable recommendations for cost optimization.
- Oversee Executive support including hiring and ongoing management of contractors and/or full-time employees.
Cross-Functional Support
- Lead execution of changes to procedures, policies, and systems to facilitate expansion, compliance, and scaling of the business.
- Leads planning and forecasting activities with business partners to achieve business and company goals.
- Identify issues that impede business group success, and provide thoughtful recommendations for addressing these issues. Identify opportunities to create stronger cross-team collaboration.
- Own Knowledge Management across the company, reevaluating current practices and implementing a new framework that is more accessible for the team.
- Help ensure time, resources, and calendars are contributing to the organization’s strategic goals.
- Evaluate current communication platforms to reduce overlap and duplication, making recommendations, and transitioning the team to a new platform.
- Identify other areas for improvement across the company and work with the executive team to propose and execute these ideas.
Location:
- Remote applications are also welcome (US time zones strongly preferred).
Requirements:
- 5+ years of related professional experience (e.g., management consulting, finance industry, technology, or startups).
- Comfortable working with a remote team distributed across time zones.
- Ability to combine attention to detail with swift execution.
- Problem solver with a track record of working independently, seeing projects through to completion, and meeting deadlines.
Preferred:
- Passion for bitcoin and Lightning.
- Experience working with developer-oriented teams.
- Experience with creating and optimizing operational processes.