Senior Manager, Financial Reporting & Technical Accounting

About the role

FalconX is on the lookout for a Senior Manager specializing in Financial Reporting and Technical Accounting. This pivotal position is designed for an individual who possesses a blend of analytical prowess and leadership capabilities. As part of our team, you will be responsible for overseeing critical financial reporting operations during a period of significant growth, ensuring adherence to U.S. GAAP and relevant regulatory requirements.

Key facts

What you'll do

• Spearhead the management of technical accounting and reporting projects, setting clear operational objectives while overseeing departmental functions and budgets to ensure effective execution.
• Conduct thorough investigations and reconciliations of intricate historical financial data, leading both internal and external teams to maintain an audit-ready condition.
• Act as a primary internal authority on ASC 606 and ASC 805, with a focus on principal versus agent determinations, mergers and acquisitions, and decentralized finance yield strategies.
• Oversee the creation and management of detailed financial disclosures and Management Discussion and Analysis (MD&A) for potential registration statements and interactions with the SEC.
• Design and implement standard operating procedures for offshore teams, improving the integration of crypto sub-ledgers with NetSuite to optimize month-end closing processes.
• Collaborate closely with Trading and Business Development teams to assess and implement the accounting implications of DeFi yields and wrapped assets prior to their rollout.
• Ensure compliance with regulatory capital computations and filing frameworks for entities such as CFTC Swap Dealers, Futures Commission Merchants, or SEC Broker-Dealers.
• Mentor and guide team members, fostering a culture of continuous improvement and operational excellence within the department.

Requirements

• Demonstrated experience transitioning from a Big 4 Audit or Technical Desk to Accounting Advisory roles or in-house accounting leadership within a rapidly expanding digital assets firm, FinTech startup, broker-dealer, or investment bank.
• Practical knowledge of financial record-keeping, regulatory capital computations, and filing frameworks relevant to entities like CFTC Swap Dealers, Futures Commission Merchants, or SEC Broker-Dealers.
• Proven ability to manage multiple departments or projects simultaneously, successfully leading large-scale initiatives while effectively delegating tasks to team members or offshore resources.
• Strong analytical skills, with the ability to generate financial reports from high-volume, unstructured data sources.
• Proficiency in Workiva and NetSuite software.
• Direct experience with SEC Pre-clearance, Purchase Accounting (ASC 805), and DeFi Accounting practices.
• Ability to work collaboratively with various teams, evaluating and implementing accounting implications of new financial products.

Nice to have

• Willingness to adapt to various time zones during critical periods, such as month-end closures.
• Ability to excel in a fast-paced, dynamic environment while maintaining a focus on continuous improvement and operational excellence.
• Experience in leading teams through periods of significant organizational change.

Skills & tools

• Workiva
• NetSuite

Practical notes

• The anticipated salary range for this role is between $157,000 and $199,000 in New York City. This position is also eligible for additional compensation, including performance bonuses, equity, and a comprehensive benefits package. Actual compensation will be determined based on various factors, including location, experience, and qualifications.

IMPORTANT: Recruitment Fraud Alert

FalconX has received reports of fraudulent job postings and misrepresentations of our brand. Please ensure that all communication occurs through official channels, specifically email addresses ending in @falconx.io. We will never conduct interviews via messaging applications such as Telegram or WhatsApp, nor will we request any financial information during the recruitment process. For legitimate job openings, please refer to our official careers site.

Inclusivity Statement

FalconX is committed to creating a diverse, inclusive, and equitable workplace. We encourage individuals from all backgrounds to apply, even if they do not meet every listed requirement. We are dedicated to providing reasonable accommodations for applicants with disabilities. If you require assistance during the application process, please inform our People team at recruiting@falconx.io.