Simplify Logo

Full-Time

Strategic Finance Associate

Posted on 6/27/2024

FalconX

FalconX

201-500 employees

Institutional crypto trading platform for financial institutions

Data & Analytics
Consulting
Hardware
Fintech
Crypto & Web3
Financial Services

Compensation Overview

$100k - $135kAnnually

+ Overtime Compensation + Relocation Assistance + Performance-linked Bonus + Equity + 401k Retirement Plan

Mid

Oakland, CA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree in finance, economics, accounting, mathematics or relevant field (MBA a plus)
  • Minimum 3 years of experience in FP&A, corporate finance, and/or investment banking
  • Advanced Microsoft Excel / Google Sheets skills
  • Demonstrated problem-solving and analytical skills
  • Excellent written and verbal communication skills
  • Strong collaborator with an ability to build relationships with cross-functional teams
  • Experience driving initiatives for process improvement
  • Passion for crypto and web3
Responsibilities
  • Generate and present timely, accurate, and insightful management reports
  • Develop impactful presentation materials and support
  • Establish business relationships and serve as a strategic thought partner
  • Provide business analytic decision support on revenue and cost initiatives
  • Conduct deep dives into expense or revenue lines
  • Work closely with the Accounting team
  • Support the development of the annual budget and forecasting processes

FalconX operates an institutional crypto trading platform that focuses on the needs of financial institutions dealing with digital assets like Bitcoin and Ethereum. The platform simplifies the trading process by providing clear price discovery and efficient trade execution, allowing institutions to buy and sell cryptocurrencies without concerns about price discrepancies or hidden fees. Trusted by major financial institutions, FalconX tailors its services to hedge funds, asset managers, and proprietary trading firms, ensuring their specific requirements are met. The company offers a range of services including trade execution, credit, treasury management, market making, and prime services, generating revenue through these specialized offerings. FalconX aims to provide a reliable and efficient trading experience for institutional clients in the rapidly evolving crypto market.

Company Stage

Series D

Total Funding

$427M

Headquarters

San Mateo, California

Founded

2018

Growth & Insights
Headcount

6 month growth

12%

1 year growth

27%

2 year growth

41%
Simplify Jobs

Simplify's Take

What believers are saying

  • FalconX's partnerships, such as with SignalPlus and Avail, enhance its service offerings and market reach.
  • The company's ability to attract top talent, like Ravi Doshi, strengthens its leadership and expertise in the crypto trading space.
  • FalconX's significant funding and backing from notable investors like GIC and Adams Street Partners provide a strong financial foundation for growth.

What critics are saying

  • Regulatory scrutiny, as evidenced by the $1.7 million fine from the CFTC, could pose ongoing challenges.
  • The highly competitive nature of the crypto trading market requires continuous innovation to maintain a leading position.

What makes FalconX unique

  • FalconX's focus on institutional clients sets it apart from many crypto trading platforms that cater to retail investors.
  • The company's comprehensive suite of services, including trade execution, credit, and treasury management, offers a one-stop solution for financial institutions.
  • FalconX's rapid product innovation and high praise for product velocity make it a standout in the fast-evolving crypto market.
INACTIVE