Full-Time

Chief Accounting Officer

Posted on 11/19/2024

Bitcoin Depot

Bitcoin Depot

51-200 employees

Converts cash to Bitcoin via kiosks

Fintech
Crypto & Web3

Senior

Remote in USA

Category
Financial Accounting
Financial Planning
Management Accounting
Accounting
Requirements
  • Degree in Finance, Accounting or equivalent required (CPA and/or MBA highly desirable)
  • Proven track record as an experienced Chief Financial Officer in a public company/Fintech
  • Smart and analytical individual who can produce complex financial models, forecasts and reporting and condense it into a user-friendly format
  • Hands-on with the ability to think outside of the box and solve unexpected problems
  • Strong technical skills and working knowledge of accounting software and other reporting and presentation tools
  • Excellent leadership and communication skills including experience managing a team and the ability to converse effectively with colleagues, clients and business partners
Responsibilities
  • Responsible for overseeing and directing all aspects of the finance and internal accounting activities including interim and year-end financial reporting process, billing, payroll, financial planning, modeling, and forecasting, and revenue and expense analysis/management
  • Responsible for managing all Accounting and Finance Department staff and developing and promoting a framework to drive financial accountability across the Department and organization
  • Provide regular, accurate and meaningful financial reporting in an easily digestible format to the Executive Management team
  • Develop budgets and reporting to monitor and enhance the financial performance of each business unit
  • Provide the Executive Management team with advice on the financial implications of current and future business activities, including providing recommendations on organic and inorganic growth strategies
  • Ensure that effective internal controls are in place to increase efficiencies, minimize errors, as well as to ensure compliance with applicable laws and rules for financial reporting
  • Act as the primary contact with outside auditors for the firm-level and private fund audit process
  • Assist with all financial-related aspects of mergers and acquisition, including execution of capital raising strategies to support the firm’s growth
  • Assisting the senior team in fundraising activities, including interfacing with bankers and investors

Bitcoin Depot specializes in converting cash into Bitcoin, making it easier for cash users to access the digital financial ecosystem. The company operates over 7,000 Bitcoin kiosks and ATMs across the United States and Canada, allowing users to quickly and securely exchange cash for Bitcoin. Additionally, Bitcoin Depot offers the BDCheckout service, enabling customers to fund their Bitcoin wallets at checkout counters in over 6,000 retail locations. For online transactions, users can buy Bitcoin using debit or credit cards through a partnership with Simplex. Unlike its competitors, Bitcoin Depot focuses on serving individuals who prefer cash transactions, including those without easy access to traditional banking services. The company's goal is to provide a simple and accessible entry point for cash users into the cryptocurrency market.

Company Stage

IPO

Total Funding

N/A

Headquarters

Atlanta, Georgia

Founded

2016

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Bitcoin Depot's expansion into Australia signifies its growth potential and ambition to become a global player in the cryptocurrency market.
  • The company's recent listing on Nasdaq under the ticker symbol 'BTM' reflects strong investor confidence and provides additional capital for growth.
  • Acquiring a majority interest in Bitaccess allows Bitcoin Depot to vertically integrate and innovate its product suite, enhancing user experience.

What critics are saying

  • The volatile nature of the cryptocurrency market could impact Bitcoin Depot's transaction volumes and revenue stability.
  • Regulatory changes in North America and other regions could pose compliance challenges and operational hurdles.

What makes Bitcoin Depot unique

  • Bitcoin Depot's extensive network of over 7,000 Bitcoin ATMs in North America provides unparalleled accessibility for cash users to enter the digital currency market.
  • The BDCheckout service, allowing Bitcoin purchases at over 6,000 retail locations, offers a unique convenience not commonly found among competitors.
  • Strategic partnerships with companies like Simplex and CORD Financial Services enhance Bitcoin Depot's service offerings and market reach.

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Benefits

Health benefits + employer contribution

Premium coffee & gourmet teas

Weekly catered lunch

Monthly company outings & celebrations

Quarterly philanthropy activity

Company paid fitness pass

401k matching