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