Full-Time

Revenue Accounting Expert

Posted on 7/2/2024

Anchorage

Anchorage

201-500 employees

Digital asset custody, trading, and staking services

Fintech
Crypto & Web3
Financial Services

Senior, Expert

Remote in USA

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Required Skills
NetSuite
Blockchain
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 6+ years of relevant public accounting and/or industry experience in technical revenue accounting.
  • Fluency in ASC 606 and the ability to research complex accounting issues in partnership with technical accounting team members.
  • A proven track record of designing processes to operationalize and scale technical revenue accounting conclusions for complex contracts.
  • Excellent written and oral communication skills and an ability to drive cross functional projects and influence cross functional stakeholders, including GTM organizations and engineering teams.
  • Proficiency with Microsoft Excel or Google Sheets.
  • Ability to multi-task, thrive in the face of ambiguity and excel in a fast-paced, rapidly evolving organization.
  • Although not a requirement, bonus points if you are proficient with NetSuite or other revenue recognition software.
  • Have experience in the SaaS or technology industry.
  • Have kept up to date with the proliferation of blockchain and crypto innovations.
Responsibilities
  • Evaluate customer contracts for non-standard terms and conditions that have revenue recognition implications and document the proper revenue accounting treatments in collaboration with Technical Accounting.
  • Apply advanced skills in Google Sheets to efficiently and reliably work with large data sets.
  • Partner closely with billing/AR team members to facilitate a timely month-end close, with specific focus on revenue recognition journal entries.
  • Interface with Legal and Sales to ensure consideration of revenue recognition outcomes in the negotiation phase of new contracts.
  • Identify opportunities for process improvement in revenue accounting procedures and support initiatives to implement enhancements.
  • Consult with business unit management teams to deeply understand near and longer term plans for new product and revenue streams and to Implement new pricing/contract structures, providing guidance on revenue optimization opportunities and risk mitigation strategies.
  • Conduct comprehensive revenue analysis and act as a key point of contact for the FP&A team on revenue matters.
  • Standardize and document processes with an intentional approach to create shared consciousness and eliminate single points of failure.
  • Assist with internal and external audit processes to ensure accuracy and timeliness of financial reporting.
  • Ability to document and communicate accounting procedures in a way that enables data engineering teams to support automation efforts.

Anchorage provides a digital asset platform that focuses on secure custody, trading, staking, and governance services specifically for cryptocurrencies. The platform is tailored for institutional clients, including hedge funds and venture capital firms, ensuring that their digital assets are managed with high security and operational flexibility. Anchorage's services generate revenue through custodial fees, trading commissions, and staking services. The platform is designed to enhance execution speed, allowing clients to fully leverage their digital assets while maintaining industry-standard security measures. The goal of Anchorage is to create a seamless user experience that meets the needs of financial institutions in the evolving digital asset market.

Company Stage

Series D

Total Funding

$473.7M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

13%

1 year growth

19%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Acquiring a BitLicense allows Anchorage to serve New York's institutional clients.
  • Ethereum liquid staking offers liquidity and returns, attracting institutional clients.
  • Partnership with PayPal enhances stablecoin utility and client engagement.

What critics are saying

  • Increased competition from other federally chartered crypto banks could erode market share.
  • Rapid growth of stablecoins on Solana may divert interest from Anchorage's offerings.
  • Ripple's RLUSD stablecoin could challenge Anchorage's stablecoin offerings.

What makes Anchorage unique

  • Anchorage Digital is the only federally chartered crypto bank in the US.
  • It offers a unique stablecoin rewards program without asset rehypothecation.
  • Anchorage supports ZKsync asset custody, pioneering zero-knowledge technology integration.

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Benefits

Health and wellness: 100% health, dental, and vision coverage for employees and their dependents

Parental leave: Family comes first: we offer parental and child bonding leave to all new parents

Meaningful equity: Every team member is a part owner in the company and community that we’re all building together

Remote friendly: We allow employees to work anywhere in the U.S. or Portugal, and have physical workspaces in New York, San Francisco, South Dakota, and Portugal.

Flexible time-off plan: Take time off, guilt-free, so you can recharge when you need to

401(k) plan & FSA account: Building a better financial future starts with our employees

INACTIVE