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Full-Time

Prime Brokerage Accounting Lead

Confirmed live in the last 24 hours

Anchorage

Anchorage

201-500 employees

Secure crypto platform with banking services

Hardware
Fintech
Crypto & Web3
Financial Services

Senior, Expert

Remote in USA

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Requirements
  • Demonstrate expertise in US GAAP with a focus on ASC 606, ensuring accurate application to revenue recognition for prime brokerage services.
  • Established expertise in designing, implementing, and continuously improving daily and month-end prime brokerage accounting practices, ensuring full compliance with GAAP and industry best practices.
  • Proven ability to account for complex matrix organizational structures and intercompany transactions.
  • 8+ years of related accounting experience, with a mix of Big 4 public accounting experience, broker-dealer, trading firm and/or in a fast-paced startup/Fintech environment.
  • Working knowledge of ASC 606 and US GAAP.
  • In-depth understanding of agency and principal trading, derivatives, options, perpetual futures, and margin lending.
  • Excellent written and oral communication skills and an ability to drive cross-functional projects.
  • A track record of driving strong financial performance and accountability.
Responsibilities
  • Lead the accounting team through the intricacies of accounting related to digital asset prime brokerage activities and products, ensuring alignment with customer contracts as well as evolving regulatory and industry best practices.
  • Drive the development of scalable and automated financial processes and controls, leveraging your technical expertise to design and implement internal end-to-end trading system reporting, as well as integration of external software tools, as needed.
  • Oversee month end accounting close responsibilities for brokerage related legal entities, including reviewing journal entries, account reconciliations, variance analysis, and FBO fiat and digital asset account reconciliations.
  • Provide support for internal and external audits related to specific areas of responsibility.
  • Cultivate effective cross-functional communication with the brokerage, legal, operations, and technical accounting teams to ensure comprehensive documentation and understanding of transactions and their appropriate accounting treatment.
  • Stay informed and socialize with the broader organization on industry pronouncements, emerging trends, and developments in accounting and reporting for digital assets, SEC regulations, and lending practices.
  • Leverage accounting expertise to provide guidance and requirements to product, brokerage operations, legal, and engineering teams in designing and implementing new products that meet financial reporting and compliance requirements.
  • Assist with internal and external audits to ensure accuracy and timeliness of financial reporting.

Anchorage Digital is a distinguished leader in the cryptocurrency sector, being recognized as the only federally chartered crypto bank in the US. It offers institutional clients an exceptionally secure platform for trading, staking, and governance services, adhering to the highest security and regulatory standards. The company's emphasis on developing an advanced security architecture, alongside rigorous compliance and comprehensive service capabilities, makes it a compelling workplace for those interested in pioneering digital finance solutions and regulatory frontiers.

Company Stage

Series D

Total Funding

$487M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

5%

1 year growth

8%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Anchorage Digital's recent executive appointments, including former Goldman Sachs and Coinbase Custody leaders, bring extensive traditional finance and crypto expertise, potentially accelerating growth and innovation.
  • The launch of the Porto self-custody wallet and support for Arbitrum demonstrate Anchorage Digital's commitment to expanding its product offerings and staying at the forefront of crypto technology.
  • Anchorage Digital's ability to secure $50 billion in assets under custody and form strategic partnerships with wealth management platforms indicates strong market confidence and growth potential.

What critics are saying

  • The volatile nature of the crypto market poses inherent risks, potentially impacting Anchorage Digital's asset under custody and overall financial stability.
  • Regulatory changes and increased scrutiny on digital assets could affect Anchorage Digital's operations and compliance requirements.

What makes Anchorage unique

  • Anchorage Digital is the only federally chartered digital asset bank, providing a unique regulatory clarity that sets it apart from other crypto custodians.
  • Their comprehensive suite of services, including custody, staking, and self-custody wallets, caters specifically to institutional clients, unlike many competitors who focus on retail investors.
  • Anchorage Digital's strategic partnerships with wealth management platforms and support for tokenized money market funds highlight its commitment to integrating traditional finance with digital assets.

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