Director of Technical Accounting and Financial Reporting
Blockchain.comAbout the role
Blockchain.com is the world's leading software platform for digital assets. Offering the largest production blockchain platform in the world, we share the passion to code, create, and ultimately build an open, accessible and fair financial future, one piece of software at a time.
Blockchain.com is looking for a Director of Technical Accounting and Financial Reporting. The Director of Technical Accounting and Financial Reporting is a key leadership role responsible for leading the consolidated financial reporting function and overseeing the company’s compliance with accounting standards (US GAAP), including providing guidance on complex accounting issues, and ensuring proper implementation and documentation of existing and new accounting standards and policies. This position will play a critical role in supporting financial reporting accuracy, evaluating accounting implications of business decisions, and maintaining a strong control environment. Reporting directly to the Group Controller, this role leads the strategic direction of the financial reporting and technical accounting team and acts as the Company’s expert on financial reporting and technical accounting issues.
Additionally, this role will be responsible for managing and developing team members. We are focused on hiring individuals who possess a combination of strong leadership and technical skills and have a passion for being innovative and delivering exceptional ideas and service to our stakeholders.
This position is in Dallas, Texas and requires to be in the office 4 days a week.
WHAT YOU WILL DO
- Lead the company’s group technical accounting function working with a global accounting/finance team, ensuring compliance with U.S. GAAP, including cryptocurrency accounting and revenue recognition.
- Lead the company’s consolidated financial reporting process, including preparation of quarterly and annual consolidated financial statements, in accordance with U.S. GAAP and SEC regulations (including preparation of monthly balance sheets, income statements and quarterly statements of stockholders’ equity and preparation of disclosures).
- Oversee preparation of monthly, quarterly and ad-hoc management reporting including variance analysis, technical position memos, executive presentations, etc., ensuring appropriate documentation of accounting positions is in place and advise senior management on complex transactions
- Provide technical accounting guidance on complex transactions, including but not limited to revenue recognition, lease accounting, business combinations, debt and equity instruments, impairments, stock-based compensation and multi-currency consolidation.
- Research and evaluate the impact of new accounting standards and ensure proper implementation and maintenance of accounting policies and internal controls.
- Lead the preparation of technical accounting memos and documentation to support accounting conclusions and external audit reviews.
- Support financial and regulatory reporting with proper disclosures and documentation.
- Assist in reviewing the monthly, quarterly, and annual consolidation process.
- Assist in the review of intercompany balances and transactions, working with regional accounting teams to resolve discrepancies.
- Participate in internal and external audits
- Support month-end, quarter-end, and year-end closing processes for technical accounting areas, including reviewing journal entries, footnote disclosures, and audit-related tasks.
- Assists with ad-hoc project assignments related to financial reporting and forecasting.
WHAT YOU WILL NEED
- The foremost quality for this position or any position at Blockchain is integrity
- Bachelor’s degree in accounting; CPA required.
- 10-15+ years of progressive accounting experience, including Big 4 public accounting and/or corporate technical accounting roles.
- Preference for prior experience in crypto, fintech, or start-up environments
- Current or recent senior-level SEC reporting experience is required
- Strong experience with multi-currency consolidation and US financial reporting requirements
- Deep knowledge of U.S. GAAP (including ASC 842, ASC 805, ASC 606 and ASC 350) and SEC reporting requirements. Experience with SOX compliance.
- Strong analytical, problem-solving, and project management skills.
- Excellent written and verbal communication skills with the ability to convey complex accounting concepts to non-accountants.
- Attention to detail, accuracy and strong organizational skills
- Experience working with Google Workspace and Microsoft Office Suite; Experience with NetSuite preferred
- Ability to work in a fast paced, deadline-oriented environment and prioritize optim
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