Director, Technical Accounting & Financial Reporting

Summary

Join FalconX as their Director of Technical Accounting, leading technical accounting and financial reporting, ensuring compliance with U.S. GAAP and SEC regulations. This pivotal role involves resolving complex accounting issues and supporting strategic initiatives. Reporting to the Controller, you will collaborate with various departments to guarantee accurate financial results and proper accounting treatment. Key responsibilities include providing technical accounting guidance, leading financial reporting processes, spearheading policy initiatives, and supporting strategic initiatives. You will also manage internal controls, participate in audit committee meetings, manage external auditors, and support M&A activities. The position requires extensive experience in US GAAP, IFRS, and SEC reporting, along with strong leadership and communication skills.

Requirements

• 15+ years of total experience with increasing levels of responsibility, including people management
• Extensive knowledge of US GAAP, IFRS, and SEC reporting (10-Q, 10-K) requirements. Expert in technical accounting issues and public company readiness initiatives
• Exceptional technical accounting memo writing skills
• Demonstrated strong leadership skills, high energy, and initiative - with a proven ability to manage significant initiatives across the organization, as well as develop and motivate staff
• Ability to work cross-functionally to obtain all relevant facts, understand the business requirements, articulate the accounting requirements and communicate the conclusions reached
• Highly developed written and verbal communication skills, excellent soft-skills, and ability to motivate and influence all levels of management
• Bachelor’s degree in Accounting or Finance, CPA or equivalent required

Responsibilities

• Technical Accounting Guidance: Be the primary technical accounting resource ensuring proper accounting treatment for all company activities
• Leadership & Development: Act as a subject matter expert, working with the business partners in accounting and other functions (e.g., legal, corporate development, stock administration) to identify financial risks associated with new or contemplated transactions and resolve complex accounting issues
• Financial Reporting: Own internal and external financial reporting processes including the preparation of financial statements, disclosures, supporting schedules in accordance with U.S. GAAP, as well as external/regulatory reporting requirements
• Policy Initiatives: Lead all policy initiatives, including the implementation of new accounting standards. Ensure internal accounting policies are maintained and up to date
• Strategic Initiatives: Support cross-functional strategic initiatives, including product launches, new revenue models, or structural reorganizations, ensuring accounting impacts are proactively addressed
• Internal Control: Own the internal controls over financial reporting process maintaining control narratives and proposing solutions for identified segregation of duties and control gaps
• Audit Committee Participation: Participate in audit committee meetings, including the presentation of required communications
• External Auditor Management: Manage the relationship with external auditors and act as the key point of contact between the auditors and internal finance teams
• M&A Support: Support due diligence and the integration of M&A deals. Lead the purchase price and opening balance sheet accounting
• System implementation: Implement tools for financial statement reporting (ie., Workiva)
• Special Projects: Represent reporting and technical accounting in special projects such as finance transformation and automation initiatives

Preferred Qualifications

• Experience with M&A due diligence and purchase accounting preferred
• Prior working experience in a similar industry (Banking, Broker-Dealer, etc.) and ideally exposure to trading
• Digital asset experience is highly preferred
• Experience with muiti-national and multi-currency accounting and with complex business structures
• Big 4 audit or advisory experience
• Experience with SEC reporting requirements and public company readiness initiatives
• Familiarity with SOX compliance
• Experience with ERP systems (e.g., Netsuite)
• Basic knowledge of SQL and experience with analytics tools
• Experience or knowledge in cryptocurrency is a bonus but not required

Benefits

• Performance linked bonus
• Equity
• Competitive benefits package