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FirstMile Ventures
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Manager/Senior Manager Of Technical Accounting

Swirlds Labs

Swirlds Labs

IT, Accounting & Finance
United States · Remote
Posted on Friday, June 21, 2024

About Swirlds Labs:

Swirlds Labs is a fast-growing software company committed to supporting, developing and servicing Hedera, an open source, proof-of-stake platform. Hedera is EVM-compatible and has been specifically built to meet the needs of enterprise and Web3 applications, which require speed, security, stability and sustainability. Hedera’s public network is governed by industry-leading organizations, spanning 11 sectors and 14 regions who oversee the development and direction of the decentralized platform.

About the role:

Reporting to the CFO, this individual will be responsible for leading the global accounting activities of the Company. The ideal candidate is someone who inspires a high-performing accounting team but can also embrace ambiguity and loves solving problems. The candidate will possess a solid knowledge of US GAAP principles, Sarbanes-Oxley (SOX), and financial operations. The candidate will also possess strong management and team leadership competencies gained through prior experience managing a corporate accounting department within a large, complex global organization. You will play a critical role in ensuring we continue building a world-class accounting function while partnering across the business to ensure our systems and processes are running smoothly. Our goal is to be scalable as we push towards global best-in-class operations.

You may find yourself doing all of the following:

  • Managing timely and accurate financial reporting for internal and external stakeholders in accordance with US GAAP
  • Supporting the preparation and review of the consolidation of financial statements and disclosures of legal entities
  • Conducting thorough technical accounting research
  • Preparing clear and comprehensive technical accounting evaluation memos on complex transactions and events
  • Collaborating with various departments to ensure accurate financial information and disclosures
  • Managing accounting and reporting of revenue recognition, stock options, lease accounting, derivatives, financial statement disclosures, etc.
  • Assisting in the implementation of new US GAAP accounting standards and preparation of new or updating existing accounting policies
  • Coordinating with the financial operations team to assist in preparing the financial statements
  • Helping develop and maintaining internal controls over financial reporting, including drafting process memos
  • Assisting in month-end, quarter-end, and year-end close activities and all digital asset accounts, including processes related to internal crypto reconciliation/ assessment of impairment
  • Preparing Statement of equity compensation and equity-related accounting reconciliations
  • Collaborating with process owners to understand the Company’s risks and controls and establishing a solid control environment to support our high-growth business
  • Working on complex accounting issues where problems are not clearly defined and where fundamental principles or historical precedents may not fully apply
  • Ensuring adherence to accounting policies and procedures
  • Assisting in external audit processes to ensure the accuracy and timeliness of financial data
  • Supporting implementation and design of new financial and accounting software and integration tools
  • Performing special, ad-hoc projects in Accounting/Finance, as requested

Qualification Requirements:

  • 10+ years of progressive experience in audit/financial statement reporting/technical accounting, with public company roles in the financial services, Fintech or Payments industry
  • Big 4 Public accounting experience
  • Active CPA
  • Kept up to date with the proliferation of blockchain and crypto innovations
  • Extensive experience working with Carta for financial reporting and reconciliation purposes
  • Experience with implementing and evaluating US GAAP standards: ASC 718, ASC 815, ASC 326, ASC 606
  • Strong understanding of US GAAP accounting standards including: ASC 350-40, ASC 350-30, ASC 350-60

Other skills that are great to bring with you but that we can help you develop:

  • Ability to identify matters that have a technical accounting impact based on review of contracts, Board minutes, term sheets, etc.
  • Experience with accounting for different types of equity awards and equity programs from both a technical and operational perspective
  • Familiarity with an ERP system such as Netsuite, SAP, or Oracle