Full-Time

Accounts Receivable Specialist

Posted on 8/21/2024

BitGo

BitGo

201-500 employees

Custodial and security services for digital assets

Crypto & Web3
Financial Services

Compensation Overview

$85k - $95kAnnually

+ Equity + Annual Performance Bonus

Mid

Palo Alto, CA, USA

Position is located in the San Francisco Bay Area.

Category
Bookkeeping
Financial Accounting
Accounting
Required Skills
NetSuite
Salesforce
Requirements
  • 3+ years of relevant Accounts Receivable experience
  • Strong experience with NetSuite
  • Strong experience with Salesforce
  • Great team player, communicator and listener
  • Passion for detail, accuracy and all things numbers
  • Degree or relevant certification in Accounting, Finance or Business Administration
  • Interest in crypto/digital assets preferred
Responsibilities
  • Generate AR aging and review customers/partners statements.
  • Identify delinquent accounts and perform collections on past due invoices to maintain targeted DSO under 60 days.
  • Maintain positive relationships with customers/partners while addressing any billing inquiries or disputes
  • Collaborate with Sales, Data Scientist, and Staking team to resolve customers/partners discrepancies on billing and payments.
  • Correspond with potentially delinquent customers. Freeze and terminate accounts on Salesforce when needed.
  • Validate and process credit memos/rebates.
  • Processed in-kind payment application for partners and reconcile weekly.
  • Perform month-end AR close responsibilities
  • Review customer contract and opportunity in Salesforce
  • Generate manual invoices in NetSuite and Stripe.
  • Assist with internal and external audits.

BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs that allow clients to integrate these services into their platforms. Additionally, BitGo provides staking services, enabling clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The goal of BitGo is to support institutional investors by offering reliable and compliant services that enhance the security and management of digital assets.

Company Stage

Series C

Total Funding

$165.9M

Headquarters

Palo Alto, California

Founded

2013

Growth & Insights
Headcount

6 month growth

14%

1 year growth

47%

2 year growth

36%
Simplify Jobs

Simplify's Take

What believers are saying

  • BitGo's expansion into Asia aligns with growing demand in crypto-friendly regions.
  • Partnerships with major financial institutions enhance BitGo's credibility and market reach.
  • The rise of stablecoins presents opportunities for BitGo's custody and wallet services.

What critics are saying

  • Increased competition from new entrants like Anchorage and Fireblocks challenges BitGo's market position.
  • Regulatory scrutiny could lead to changes in compliance requirements for digital asset companies.
  • Expansion into retail markets may dilute BitGo's focus on institutional clients.

What makes BitGo unique

  • BitGo offers multi-signature wallets, enhancing security for institutional clients.
  • The company provides staking services, allowing clients to earn rewards on blockchain networks.
  • BitGo's APIs enable seamless integration of its services into client platforms.

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Benefits

Company-paid medical, dental, and vision plans

Catered lunches, fresh snacks, and gourmet coffee

Commuting made easy with company-paid Caltrain passes

Competitive compensation, stock options, and 401k plan

Computer equipment and workplace furniture

Flexible vacation time

INACTIVE