Overview
This role involves day-to-day accounting responsibilities for external clients in the cryptocurrency/digital asset, blockchain, and software development industries.
Responsibilities
- Handle day-to-day crypto accounting and reporting for clients conducting cryptocurrency transactions, including tracking and accounting for digital asset transactions, gains, losses, and holdings.
- Perform weekly wallet and exchange reconciliations to ensure all crypto transactions are accurately captured in the financial records.
- Provide tax advisory related to current cryptocurrency tax laws and regulations, including guidance on tax implications of clients’ crypto activities and support with tax planning and compliance.
- Use blockchain analytics tools to verify transactions and analyze the flow of digital assets.
- Complete monthly financial analysis and reporting, including analyzing financial data to identify trends, variances, and potential risk or opportunity areas.
- Develop and maintain robust internal controls and procedures for handling and reporting digital assets.
- Educate clients on the accounting treatment of digital assets and provide ongoing support for crypto-related accounting queries.
- Research and implement the latest crypto accounting software and tools to improve efficiency and accuracy in financial reporting.
- Stay current on regulatory changes and crypto accounting best practices to help ensure client accounts remain compliant.
- Identify and address potential risks related to cryptocurrency transactions and holdings, advising on risk mitigation strategies.
- Manage complex intercompany transactions involving digital assets, ensuring accurate and compliant financial treatment.
- Participate in team meetings, share insights on crypto accounting trends, and collaborate on improving internal processes and client service strategies.
Requirements
- Minimum 4+ years of accounting experience, including at least 2 years of direct experience with cryptocurrency, digital assets, or blockchain-based financial reporting.
- Confident, professional, and articulate in written and verbal communication.
- Analytical mindset with strong attention to detail.
- Ability to meet with clients via telephone, Zoom, and when applicable, in person.
- Bachelor’s Degree in Accounting, Finance, or a related field.
- GAAP knowledge; CPA preferred.
- Progressively improving and expanding accounting knowledge through continuous learning and retaining learned material.
- Strong time management and motivational skills.
- Accounting and finance general knowledge, including debits & credits.
- Proficient in Microsoft Office (Excel, Word).
- Experience with general business terms and transactions.
Preferred Qualifications
- Certification for QuickBooks Online and/or Desktop.
- Familiarity with general concepts of cryptocurrency and blockchain.
- Experience learning internal systems and software related to blockchain and crypto.