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Full-Time

Head of Finance

Posted on 7/22/2024

EigenLabs

EigenLabs

51-200 employees

Enhances utility of Liquid Staking Tokens

Consulting
Hardware
Fintech
Crypto & Web3

Expert

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Requirements
  • 10+ years of experience in a finance role, preferably within a startup or high-growth environment, with at least 3 years in a leadership position.
  • Strong understanding of GAAP and accounting principles.
  • Bachelor's degree in finance, accounting, or a related field; MBA or CPA preferred.
  • Excellent communication, analytical, and problem-solving skills with the ability to thrive in a fast-paced and dynamic startup environment.
  • Proven experience in successfully guiding a company through private financing processes.
  • Demonstrated ability to manage and develop a finance and accounting team.
  • Exceptional financial modeling skills.
Responsibilities
  • Design and execute financial strategies to support Eigen Labs' growth and objectives.
  • Oversee all aspects of accounting, including financial reporting, budgeting, forecasting, and cash flow management.
  • Manage cash flow, investments, and capital allocation to optimize financial performance.
  • Establish and maintain strong internal controls to safeguard company assets and ensure regulatory compliance.
  • Provide strategic financial guidance to support decision-making across the organization.
  • Collaborate with other departments to analyze financial implications of business initiatives and investments.
  • Manage relationships with external stakeholders, including investors, accountants, and tax advisors.
  • Understand and manage financial aspects unique to on-chain activities.
  • Build and lead a high-performing finance and accounting team, handling FP&A duties until the team is fully established.

EigenLabs improves the utility and security of Liquid Staking Tokens (LSTs) by allowing users to "restake" their tokens within its ecosystem, which helps maximize earnings and enhance network security. The company targets blockchain developers, crypto enthusiasts, and institutional investors looking to optimize returns on their staked assets. Unlike competitors, EigenLabs also offers a decentralized data availability service called EigenDA, which is built on Ethereum to ensure efficient data handling for blockchain networks. The goal of EigenLabs is to promote open innovation in decentralized finance.

Company Stage

Series B

Total Funding

$164.4M

Headquarters

Seattle, Washington

Founded

2021

Growth & Insights
Headcount

6 month growth

65%

1 year growth

110%

2 year growth

609%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of the EIGEN token and its associated airdrop could significantly boost user engagement and platform adoption.
  • Partnerships with major players like OKX enhance EigenLayer's network security and operational integrity, potentially attracting more institutional investors.
  • The successful deployment of the rewards MVP on the Holesky testnet demonstrates EigenLayer's commitment to continuous improvement and innovation.

What critics are saying

  • Community backlash, as seen with the hiring of Ethereum's Dankrad Feist, could affect the company's reputation and user trust.
  • The complexity of integrating new features like intersubjective forking and decentralized data availability may pose technical challenges and slow down development.

What makes EigenLabs unique

  • EigenLayer's unique restaking mechanism maximizes the utility and earning potential of Liquid Staking Tokens (LSTs), setting it apart from traditional staking platforms.
  • The introduction of EigenDA, a decentralized data availability service, adds a layer of security and high-throughput data handling that is crucial for blockchain efficiency.
  • Founded by a former academic and blockchain expert, EigenLayer benefits from a strong foundation in cryptography and blockchain technology, enhancing its credibility and innovation.
INACTIVE