Simplify Logo

Full-Time

Director – Tax Operations

Posted on 5/30/2024

Circle

Circle

1,001-5,000 employees

Facilitates digital currency payments and services

Fintech
Financial Services

Compensation Overview

$190k - $242.5kAnnually

+ Bonus + Equity

Senior, Expert

Remote in USA

Remote first in the US.

Category
Financial Accounting
Tax Accounting
Accounting
Required Skills
Data Analysis
Requirements
  • 12+ years of experience in global corporate tax
  • 5+ years of managing a team in a public company setting or corporate tax department
  • Expertise in accounting for income tax issues and US GAAP
  • Fluency with various tax calculations and compliance software
  • Familiarity with international tax and cross border differences
  • Experience in financial services or fintech industries
  • Bachelor's Degree in accounting or finance, CPA preferred
  • Experience/familiarity with Slack, Apple MacOS and GSuite
Responsibilities
  • Managing the consolidated tax provision, quarterly filings, and other tax-related financial statements
  • Leading and mentoring the tax team in completing the provision process
  • Managing external auditor relationship for US GAAP audit of income taxes
  • Managing the team to deliver all US income tax reporting
  • Improving standardization/automation in the US tax compliance process
  • Ensuring analytics and accuracy of the reported effective tax rate components
  • Championing operational excellence through process improvement
  • Building and managing a global tax operations function
  • Developing and motivating a team in a fast-moving, hyper-growth setting
  • Contributing to quarterly reporting to the Audit Committee
  • Tracking US tax legislative developments and related implications
  • Driving key Tax contributions to the design and implementation of the future ERP system
  • Automating recurring calculations including evaluating and implementing tax technology tools

Circle is a financial technology firm that helps businesses use digital currencies and public blockchains for various financial activities, including payments and commerce. Their platform allows clients, ranging from small businesses to large corporations, to securely and efficiently conduct transactions using digital currencies. Circle stands out from its competitors by focusing on a wide range of clients and providing a comprehensive suite of financial services related to digital currency transactions. The company's goal is to empower businesses globally to take advantage of the benefits offered by digital currencies and blockchain technology.

Company Stage

Seed

Total Funding

$1.2B

Headquarters

Boston, Massachusetts

Founded

2013

Growth & Insights
Headcount

6 month growth

-16%

1 year growth

-13%

2 year growth

-7%
Simplify Jobs

Simplify's Take

What believers are saying

  • Achieving MiCA compliance and an EMI license from France positions Circle for significant growth and acceptance in the European market.
  • The partnership with Chainlink could drive institutional adoption of stablecoins, opening new revenue streams and enhancing Circle's market position.
  • Circle's focus on regulatory compliance and strategic partnerships may attract more developers and financial institutions to its platform, fostering innovation and expansion.

What critics are saying

  • Regulatory changes and compliance costs in different jurisdictions could impact Circle's operational efficiency and profitability.
  • The competitive landscape of stablecoins is intense, with major players like Tether and Binance USD posing significant challenges.

What makes Circle unique

  • Circle's compliance with the EU's MiCA regulations and attainment of an EMI license from France sets it apart as a leader in regulatory adherence within the stablecoin market.
  • The strategic partnership with Chainlink to expand stablecoin utility for institutions highlights Circle's commitment to integrating stablecoins into mainstream financial systems.
  • Circle's dual offering of USDC and EURC stablecoins provides a diversified approach to stablecoin issuance, catering to both USD and Euro markets.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Paid time off - We offer flexible paid time off — take what you need as long as it works with you and your team, and all Circle employees get mobile phone and home office reimbursements.

Health coverage - No matter where you live, we offer a market competitive suite of benefits. Enroll in health, dental, vision, disability, and life insurances, and Circle covers some or all of the premiums.

Invested in your future - All U.S. full-time and part-time employees enjoy 401(k) and pensions (with 4% company match if you contribute 5% or more), and share Circle’s success via company equity awards.

Learning & development - Your individual growth and development is important to us and we provide the resources to help you grow your career while at Circle.

INACTIVE