Controller, Special Purpose Depository Institution
Posted on: 25 May 2021
Cheyenne, WY
Job Description
About the role
As a member of Kraken Bank and the Kraken Global Finance Team, the Bank Controller will be responsible for planning, directing, and coordinating all the accounting functions of Wyoming’s first Special Purpose Depository Institution (SPDI), based in Cheyenne. The Bank Controller will report to the Bank Chief Financial Officer. This is an exciting opportunity to develop the accounting processes for a financial institution at the forefront of a rapidly expanding industry.
While we have a preference for candidates who are local to Wyoming, we are open to considering a fully remote position for the right person. Relocation assistance is available to those who are open to relocating to Wyoming.
Responsibilities
Prepare and post journal entries to the general ledger and prepare the Bank’s balance sheet, income statement, changes in equity position, and cash flow statements. Financial statements will be audited annually
Execute month-end close processes, including but not limited to preparation of journal entries, account analyses, and reconciliation of financial statement accounts
Prepare and monitor reports for daily cash positions and ensure adequate liquidity position
Manage expenses and accounts receivable/payable, and the amortization/depreciation of prepayments, intangible assets and fixed assets
Build out the implementation of internal controls and accounting processes and procedures
Work with both external and internal auditors to ensure compliance with GAAP/regulatory reporting requirements and best-practices
Interface frequently with regulators to ensure understanding of the Bank’s financial position and regulatory compliance
Collaborate with parent company accounting, budgeting/forecasting, treasury and tax teams in the preparation of the Bank’s financial statements and the consolidation with parent company financials
Requirements
Degree in Accounting with CPA designation and 5+ years of relevant working experience, including audit experience
Background in accounting for financial services, fintech, banking, or an exchange strongly preferred
Ability to work under pressure in a fast-paced, dynamic environment
Excellent presentation skills, including strong oral and writing capabilities
High proficiency in Microsoft Excel including macros, pivot tables, VLOOKUP, INDEX MATCH, SUMIF
Google and Microsoft suite proficiency required
Working experience with ERP systems
Familiarity with SOX is a plus
Experience or knowledge in cryptocurrency is preferred
Kraken
San Francisco, CA
As one of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online, thanks to our excellent service, low fees, versatile funding options and rigorous security standards -- but this is only part of the story. We’ve been on the forefront of the blockchain revolution since 2011.
Our mission is to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion.
Who we are
Recognizing the importance of Bitcoin from the onset, and understanding that the exchange is the most critical part of the cryptocurrency ecosystem, Jesse Powell founded Kraken to give people the means to quickly and securely invest in the space. Since then, the company has grown by leaps and bounds with hundreds of employees spanning the globe. We’re a diverse group of thinkers and doers that are dedicated to making cryptocurrency available and accessible to the world and enabling people from all walks of life to invest in their independence.
What we do
Empowering investors
Whether you’re an advanced trader or a crypto-beginner, Kraken gives you the power to chart your own financial course. Our exchange has an ever-growing number of cryptocurrency pairs for you to invest in and a slew of tools and features for you to leverage as you grow your portfolio.
Supporting institutions
From over-the-counter trading to personalized white-glove account management, Kraken is the premier cryptocurrency investing solution for institutions of all sizes. We offer exceptional liquidity and competitive pricing for all our markets so you can achieve your investment goals quickly and confidently.
Join the revolution
Since Satoshi first mined Bitcoin’s genesis block in 2009, crypto has been changing the world - and the Kraken team is leading the charge. We’re looking for talented, inspiring people who are passionate about bringing cryptocurrency to the mainstream. If you’re interested in joining Kraken, click the link below to learn more about all of our open job listings.
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IndustryAccounting/Finance
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No. of Employees1200+
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Website
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Jobs Posted45
