Director - Revenue Projects

Kraken • USA

Company

Kraken

Location

USA

Type

Full Time

Job Description

Building the Future of Crypto

Our Krakenites are a world-class team with crypto conviction united by our desire to discover and unlock the potential of crypto and blockchain technology.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite you’ll join us on our mission to accelerate the global adoption of crypto so that everyone can achieve financial freedom and inclusion. For over a decade Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply please read the Kraken Culture page to learn more about our internal culture values and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here .

As a fully remote company we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders institutions and newcomers to the space. Kraken is committed to industry-leading security crypto education and world-class client support through our products like Kraken Pro Kraken NFT and Kraken Futures .

Become a Krakenite and build the future of crypto!

Proof of work

The team

The Finance team at Kraken is a group of specialists charged with managing the firm’s liquidity capital and risk and providing the overall financial controls and reporting functions for executive decision making compliance and audit readiness. Our work contributes directly to Kraken’s success.

The Platform Accounting team is an integral part of the Finance organization responsible for financial accounting and reporting on a variety of trading products and transactions including fiat digital assets futures margin options and other new company initiatives. In addition the Platform Accounting team oversees Over-the-Counter (“OTC”) operations serving Kraken’s high-networth individuals and financial institutional clients. The Platform Accounting team is a dynamic organization at the forefront of building best in class accounting processes and infrastructure to support Kraken’s mission in the crypto industry.The team is highly motivated and  passionate about excellence in financial reporting and continuously strives for improvement. You will join a supportive team and work on projects that have a global reach offering a broader perspective on finance and accounting.

We are seeking a Director of Accounting on Revenue Projects  who will work closely with your Finance and Accounting leadership  business partners to plan implement improve automate test and ensure the Platform Accounting team provides complete and accurate financial records and reports for management improves the quality of our financial statements and boosts our audit readiness. Join an elite Finance team to drive improvements and automation for all internal processes.

The Director of Accounting Revenue Projects is responsible for overseeing new products and acquisition integrations with existing systems ensuring compliance with relevant accounting standards (e.g ASC 606) and managing the revenue Project and M&A team. This role involves working closely with cross functional teams including Business Development Legal Tax Finance Transformation and Product Engineering to ensure accurate and timely revenue recognition and reporting. This person will play a critical role in implementing and optimizing revenue recognition processes and systems to support the company’s growth and financial objectives.

The opportunity

  • Oversee and manage the new products and acquisitions integration to current financial systems

  • Assess proper revenue and accounting treatments ensuring compliance with ASC 606 and other applicable accounting standards

  • Work with Technical Accounting Group and support revenue-related transactions contracts and new business initiatives

  • Collaborate with Business Development Legal Tax and Operations teams to review contracts and agreements ensuring that revenue and customer activities are recognized appropriately and in accordance with company policy

  • Collaborate with Tax Regulatory Legal and Finance Transformation teams on entity migration for assets and customers

  • Liaise with internal and external auditors to support the audit process providing necessary documentation and explanations for revenue related inquiries

  • Identify opportunities for process improvement in revenue recognition and reporting including the use of technology and automation

  • Lead initiatives to streamline and optimize revenue accounting processes to support the company’s growth and scalability

  • Lead and support special projects such as system implementation acquisitions and/or new product launches that impact revenue recognition

  • Additional duties and responsibilities as assigned

Skills you should HODL

  • Bachelor’s degree in Accounting Finance or a closely related field required

  • Minimum of 10 years of experience in revenue accounting or related fields with at least 5 years in a leadership role

  • Experience in establishing internal control and solid experience with SOX

  • Experience with ERP systems such as Netsuite or SAP and system integration experience a plus

  • Ability to handle and lead multiple projects and deliverables in a fast-paced dynamic environment

  • Microsoft Excel proficiency including pivot tables H- & V-Lookup / data analysis over large data sets.

  • Working experience from the Big 4 or national accounting firms and/or industry preferred in Financial Services Fintech broker-dealer banking or exchange

  • Knowledge of ASC 606 and other relevant accounting standards

  • Exceptional attention to detail and accuracy

  • Excellent analytical and problem solving skills

  • Strong communication and presentation skills with the ability to convey complex financial information to non-financial stakeholders

  • Collaborative innovative flexible and adept at building relations across the organization

  • CPA certification required; additional certifications (e.g. CMA CFA) are a plus.

  • Experience with high volume transactions

  • Experience using an ERP system such as Netsuite SAP

  • Experience or knowledge with cryptocurrency

#LI-Remote #LI-MD1

This job is accepting ongoing applications and there is no application deadline.

Please note applicants are permitted to redact or remove information on their resume that identifies age date of birth or dates of attendance at or graduation from an educational institution.

We consider qualified applicants with criminal histories for employment on our team assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents backgrounds contributions and unique perspectives. We hire strictly based on merit meaning we seek out the candidates with the right abilities knowledge and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements especially if you're passionate or knowledgable about crypto!

As an equal opportunity employer we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race ethnicity age gender identity citizenship religion sexual orientation disability pregnancy veteran status or any other protected characteristic as outlined by federal state or local laws.

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Date Posted

10/18/2024

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