Senior Accountant- Crypto Accounting
Senior Accountant- Crypto Accounting
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Job Description
Our Client is the largest and the first licensed on/offramp platform for stablecoins in Africa. They are dedicated to offering innovative solutions in the African stablecoins space. Our client is committed to making stablecoins accessible and understandable for everyone providing their customers with secure and userfriendly platforms for their financial transactions.
Role Overview
The Crypto Accountant is responsible for managing and overseeing the financial aspects of cryptocurrency transactions ensuring accurate tracking reporting and compliance with tax and regulatory requirements. This role involves recording cryptorelated activities calculating gains and losses as well as reconciling crypto transactions. The Crypto Accountant also provides guidance on risk management related to digital assets ensuring that all crypto transactions are recorded in accordance with accounting standards and are transparent for auditing purposes. This position plays a crucial role in bridging traditional accounting practices with the dynamic and evolving world of cryptocurrencies.
Job type: Fulltime/Permanent
Workplace: Remote
Requirements
- Bachelors degree in Accounting Finance Economics or a related field (CPA CFA or other relevant certifications a plus).
- 3 years of accounting experience with at least 12 years focused on cryptocurrency or digital asset accounting.
- Handson experience with accounting software and platforms used for crypto accounting (e.g. CoinTracker Koinly or similar tools).
- Knowledge of blockchain technology and crypto markets (Bitcoin Ethereum DeFi NFTs etc.) is essential.
- Strong understanding of accounting principles financial reporting and tax compliance as it applies to cryptocurrencies.
- Proficiency with Microsoft Excel and accounting software (QuickBooks Xero etc.).
Excellent analytical and problemsolving skills.
Strong attention to detail and organizational skills.
- Ability to manage multiple priorities and meet deadlines in a fastpaced environment.
Excellent communication skills (both written and verbal).
Highly organized and proactive with a strong sense of responsibility.
- A passion for the cryptocurrency space and staying uptodate with trends in the industry.
Ability to work both independently and as part of a collaborative team.
Experience working in a crypto startup or fintech company.
Familiarity with decentralized finance (DeFi) protocols and NFTs.
- Knowledge of international tax regulations relating to digital currencies and assets.
Familiarity with cryptocurrency wallets and cold storage solutions.
Responsibilities
- Financial Reporting & Analysis:
- Prepare accurate and timely financial reports related to cryptocurrency transactions including balance sheets income statements and cash flow reports.
- Ensure compliance with accounting standards tax regulations and industry best practices in the crypto space.
- Track and report on crypto asset holdings gains/losses and other relevant financial metrics.
- Analyze financial data to identify trends risks and opportunities related to crypto holdings.
- Transaction Tracking & Reconciliation:
- Monitor and reconcile cryptocurrency transactions across various platforms (wallets exchanges DeFi platforms etc.).
- Verify and maintain transaction records for digital assets ensuring consistency and accuracy.
- Reconcile cryptocurrency transactions to traditional financial systems and bank accounts.
- Tax Compliance & Reporting:
- Prepare tax reports related to cryptocurrency transactions ensuring compliance with local and international tax laws (e.g. IRS HMRC).
- Collaborate with external tax advisors and auditors to ensure crypto tax obligations are met.
- Provide guidance on tax implications for transactions portfolio rebalancing staking rewards and cryptotofiat conversions.
- Ledger Management:
- Maintain the general ledger for cryptocurrency holdings including detailed records of all digital asset transactions.
- Implement and manage internal controls for tracking and recording crypto asset transactions.
- Audit & Internal Controls:
- Assist in the preparation for external audits ensuring all cryptorelated financial records are wellorganized and compliant.
- Develop and maintain internal controls for crypto accounting to prevent errors and fraud.
- Blockchain & Cryptocurrency Knowledge:
- Stay uptodate with evolving blockchain technologies cryptocurrencies and industry regulations.
- Analyze and assess new crypto projects tokens and emerging technologies for potential inclusion in the companys portfolio.
- Team Collaboration & Communication:
- Work closely with the finance and operations teams to ensure smooth integration of cryptocurrency transactions with traditional accounting systems.
- Provide training and support to internal teams regarding crypto accounting practices and policies.
- Other Duties:
- Participate in adhoc projects as required by the finance department.
- Assist with process improvements and the automation of crypto accounting procedures.
Employment Type
Full Time
