Senior Accounting Manager/FINOP - Derivatives
Coinbase has built the world's leading compliant cryptocurrency platform serving over 68 million accounts in more than 100 countries. With multiple successful products, and our vocal advocacy for blockchain technology, we have played a major part in mainstream awareness and adoption of cryptocurrency. We are proud to offer an entire suite of products that are helping build the cryptoeconomy and increase economic freedom around the world.
There are a few things we look for across all hires we make at Coinbase, regardless of role or team. First, we look for signals that a candidate will thrive in a culture like ours, where we default to trust, embrace feedback, disrupt ourselves, and expect sustained high performance because we play as a championship team. Second, we expect all employees to commit to our mission-focused approach to our work. Finally, we seek people with the desire and capacity to build and share expertise in the frontier technologies of crypto and blockchain, in whatever way is most relevant to their role.
Coinbase is looking for a highly motivated accounting professional to join our Brokerage and Platform Accounting team to lead the accounting and reporting for all futures and derivatives products for both regulated and non-regulated entities, and serve as the Financial and Operations Principal for our US based regulated FCM. The Senior Accounting Manager/FINOP, Derivatives must possess strong accounting, compliance, regulatory reporting and operational expertise, an ability to communicate and work with various teams outside of Finance (such as Legal/Compliance, Trading Operations and other Product/Engineering groups), and a desire to make a significant impact on a dynamic, high-growth technology company.
Reporting to the Director, Platform Operations Controller, the Senior Accounting Manager/FINOP, Derivatives will be responsible for monitoring, accounting, reporting and analysis of business activity related to derivatives and financial instruments at Coinbase and all regulatory compliance requirements related to the registered FCM. This position will work with various cross functional teams within the Company and requires someone with impeccable attention to detail, a financial and analytic mindset and knowledge of accounting for derivatives and financial instruments.
What You'll Be Doing (i.e., Job Duties)
- Responsible for leading a team through all aspects of monthly accounting close activities related to derivatives for regulated and non-regulated entities.
- Responsible for preparation/review and timely submission of all required reporting to the CFTC, NFA and other regulatory agencies
- Oversee the preparation of monthly financial statements and quarterly/annual financial results presentations and board meeting materials.
- Collaborate with leadership in various operations and trading teams in the development and monitoring of hedging programs and trading strategies.
- Lead the design and implementation of internal controls over compliance, regulatory reporting and accounting policies and procedures.
- Monitor the firm’s daily liquidity management and capital requirements.
- Coordinate all internal and external audits for the registered FCM entity and non-regulated derivatives trading entities.
What We Look For In You (ie. Job Requirements)
- BA/BS in Accounting or related field / CPA required.
- FINRA Series 4, 24, 27 or equivalent license.
- Minimum of 10 years experience in in a combination of public accounting, FCM and broker-dealer industry with an emphasis on accounting, financial management and financial reporting.
- Working knowledge of Futures Exchange / CFTC / NFA Rules and Regulations as they apply to a registered Futures Commission Merchant and ability to apply regulations to new situations.
- Technical understanding of customer asset protection standards, margin requirements, and both operational and financial regulatory reporting.
- Strong knowledge of accounting guidance related to Derivatives and Hedging (ASC 815).
- Knowledgeable about investments with an interest in blockchain technology and cryptocurrency.
- Ability to maintain a deep understanding and remain current with the applicable federal and state securities laws and regulations; along with SRO rules relating to financial and operational responsibility.
- Expert project management skills and ability to manage numerous projects.
- Excellent communication and interpersonal skills, ability to collaborate effectively with team members and business stakeholders.
- Exhibit solid analytical thinking, ability to work in a fast-paced, rapidly changing environment with excellent prioritization and organizational skills.
Nice to haves:
- Experience working at a publicly traded company.
- Knowledge of SQL, Python or other programming languages.
- Experience working in Netsuite, FloQast and G-Suite.
Coinbase is committed to diversity in its workforce and is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation or any other basis protected by applicable law. Coinbase will also consider for employment qualified applicants with criminal histories in a manner consistent with applicable federal, state and local law. For US applicants, you may view Pay Transparency, Employee Rights and Equal Employment Opportunity is the Law notices by clicking on their corresponding links. Additionally, Coinbase participates in the E-Verify program in certain locations, as required by law.
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