Full-Time

Accounts Payable Manager

Confirmed live in the last 24 hours

BitGo

BitGo

201-500 employees

Custodial and security services for digital assets

Crypto & Web3
Financial Services

Compensation Overview

$140k - $170kAnnually

+ Equity + Annual Performance Bonus

Senior

Palo Alto, CA, USA

Full-time onsite at the Palo Alto office.

Category
Bookkeeping
Accounting
Required Skills
NetSuite
Excel/Numbers/Sheets

You match the following BitGo's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree in Accounting, Finance, or a related field preferred.
  • 5+ years of experience in accounts payable or a related accounting role.
  • Experience with NetSuite accounting software is a must
  • Proficiency in Microsoft Excel.
  • Strong understanding of accounts payable processes, invoice management, and payment methods.
  • Detail-oriented with excellent organizational and time-management skills.
  • Strong problem-solving skills and ability to manage multiple tasks and deadlines.
  • Effective communication skills, with the ability to collaborate with internal teams and external vendors.
  • Knowledge of general accounting principles and financial reporting.
  • Ability to maintain confidentiality and handle sensitive information with discretion.
Responsibilities
  • Receive, verify, and process vendor invoices, ensuring accuracy and compliance with company policies.
  • Review purchase orders, contracts, and vendor agreements to validate the accuracy of invoices before payment.
  • Process payments for approved invoices via checks, ACH transfers, or credit card transactions, ensuring payments are made on time.
  • Maintain an up-to-date list of approved vendors, ensuring accurate payment records.
  • Address vendor inquiries regarding payment status, discrepancies, and billing issues.
  • Foster positive working relationships with vendors to resolve issues promptly and effectively.
  • Reconcile accounts payable records with general ledger accounts to ensure accurate financial reporting.
  • Prepare monthly Accounts Payable reports, including aging reports and vendor statement reconciliations, for management review.
  • Assist with month-end and year-end closing processes, ensuring AP transactions are correctly recorded in the financial system.
  • Ensure proper documentation is attached to invoices for approval, payment authorization, and auditing purposes.
  • Track and monitor expense reports submitted by employees, ensuring accuracy and compliance with company policies.
  • Assist in categorizing expenses in accordance with the company's chart of accounts.
  • Ensure adherence to company policies, internal controls, and accounting procedures in all Accounts Payable activities.
  • Help maintain accurate financial records and support audits by providing requested documentation and information.
  • Stay updated on applicable tax laws and compliance regulations related to accounts payable functions.
  • Identify opportunities for improving Accounts Payable processes, enhancing accuracy, efficiency, and timeliness of payments.
  • Collaborate with other departments to streamline workflows and implement best practices for Accounts Payable management.
  • Participate in the implementation of new technologies or automation tools that improve accounts payable functions.
  • Assist with other accounting and finance tasks as needed, including data entry, filing, and assisting with audits.
  • Provide cross-functional support to other team members and departments when necessary.

BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs that allow clients to integrate these services into their platforms. BitGo also provides staking services, enabling clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The goal of BitGo is to support institutional investors by offering essential services that enhance security and compliance in managing digital assets.

Company Stage

Series C

Total Funding

$165.8M

Headquarters

Palo Alto, California

Founded

2013

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-10%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in crypto trading by mainstream firms could boost BitGo's client base.
  • Partnerships in diverse sectors may open new revenue streams for BitGo.
  • Nuvei's collaboration could enhance BitGo's visibility in the Latin American market.

What critics are saying

  • E-Trade's entry into crypto trading could increase competition for BitGo.
  • Cryptio's focus on traditional financial entities may threaten BitGo's client base.
  • FTX collaboration could expose BitGo to reputational risks if issues arise.

What makes BitGo unique

  • BitGo offers multi-signature wallets, enhancing security for institutional clients.
  • The company provides powerful APIs for seamless integration into client platforms.
  • BitGo's strategic acquisitions have expanded its platform and service offerings.

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Benefits

Company-paid medical, dental, and vision plans

Catered lunches, fresh snacks, and gourmet coffee

Commuting made easy with company-paid Caltrain passes

Competitive compensation, stock options, and 401k plan

Computer equipment and workplace furniture

Flexible vacation time