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Binance

Runs a global cryptocurrency trading exchange

Head of Finance

Financial Accounting +1Posted on Nov 13
Full-timeRemote in KenyaNo salary listed

About the Job

Requirements

  • Hold CPA(K) membership in good standing with the Institute of Certified Public Accountants of Kenya.
  • Have at least 10 years of senior accounting experience, including experience at a global company and in financial services or fintech.
  • Have strong technical accounting knowledge of IFRS and working knowledge of Kenyan tax and regulatory requirements.
  • Have experience using an accounting ERP such as NetSuite, Oracle, or Workday.
  • Have excellent spoken and written English.
  • Demonstrate high integrity, a proactive style, and sound judgment in escalating issues.
  • Have a genuine interest in crypto and digital assets.

Responsibilities

  • Lead all aspects of the Kenyan entity’s finance function, including accounting, budgeting, treasury management, and strategic financial planning.
  • Manage the monthly close process and prepare statutory financial statements in accordance with IFRS, along with monthly and quarterly reports, ensuring accuracy and timely submission.
  • Own the relationship with the external auditor, coordinate the statutory audit, and drive it to an unqualified opinion.
  • Prepare and file recurring Kenyan tax returns, including VAT, excise duty, corporate income tax, and withholding tax.
  • Manage cash flow, funding, and treasury operations, including controls over the movement of client and corporate funds.
  • Maintain capital and liquidity at the levels required of a licensed virtual asset service provider and produce monthly capital adequacy and liquidity reports.
  • Manage monthly reconciliations and make records available to the Central Bank of Kenya as required.
  • Own the regulatory reporting calendar and act as the company’s contact for financial information requests from the Capital Markets Authority and the Central Bank of Kenya.
  • Lead the development of financial projections and the annual operating plan, and monitor budgets and forecasts.
  • Partner with business and product teams on revenue, cost, and pricing models, and on the accounting treatment of new crypto products and offerings.
  • Design and improve the financial control framework and document policies and procedures as the business scales.

About the Company

Binance

Runs a global cryptocurrency trading exchange

Binance runs a cryptocurrency exchange for individual traders and institutions, with markets for buying digital assets outright and trading contracts tied to their prices. Its platform combines spot trading with margin, futures, and options tools, letting users manage several trading strategies through a single account. Customers also buy crypto using supported payment methods, track market prices, and manage portfolios through its website and mobile app. Binance earns trading fees, with rates based on trading volume, account tier, and the type of transaction, and runs research and education services for people learning about digital assets. The business launched in July 2017.

Company size
5,001-10,000
Company stage
Growth Equity (Venture Capital)
Total funding
$2B
Headquarters
Decentralised
Founded
2017

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