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Accounts Payable Specialist

CoinFlipChicago, Illinois, United StatesOnsite
This job is no longer open

CoinFlip is a global digital currency platform company, focused on providing consumers simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume with more than 5,000 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, and Brazil. CoinFlip’s digital currency kiosks make buying and selling major cryptocurrencies accessible and safe for consumers who wish to purchase their digital currency using cash. CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects.  
CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune’s Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie ® Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech.The Accounts Payable Specialist is responsible for assisting in all areas related to the Accounts Payable process, including but not limited to: vendor onboarding, reconciling invoices to contracts/purchase orders, managing a weekly AP Aging report and transparent reporting to key stakeholders, including the Executive Team.

This position will have the opportunity to collaborate with every department across the organization and be a central point of contact to external vendors. 

Responsibilities:



  • Review, verify, and process invoices in NetSuite for payment.

  • Monitor company spend on credit card management application by obtaining approvals, review GL coding, data import/reconciliation from expense management system to GL.

  • Audit invoices received by vendors to purchase orders / contractual terms and obtain payment approval from company personnel.

  • Ensure intercompany transactions are recorded on appropriate ledgers.

  • Communicate with vendors to reconcile balances, address inquiries and resolve issues.

  • Review Departmental Coding and provide department data to Financial Planning & Analysis Team.

  • Work closely with other departments, such as procurement and finance, to ensure smooth operations.

  • Manage year-end 1099 process to ensure IRS requirements are fulfilled.

  • Additional duties as assigned.

Qualifications:



  • Bachelors Degree in Accounting, Management Information Systems, Finance or related major, preferred

  • 2+ years of accounts payable experience, ideally in a large corporate environment

  • Highly proficient using applications such as: Microsoft Excel (pivot tables, index/match), NetSuite Financials ERP, Gmail, and Credit Card Management (Expensify, Concur, etc.)

  • Fundamental understanding of GAAP principles: accruals, intercompany transactions 

  • Self-starter, strong organizational skills, detail oriented

  • Intellectually curious, demonstrated ability to improve and implement processes to maximize efficiency

Nice to have:



  • Basic knowledge of cryptocurrency and blockchains

  • General passion and knowledge of fintech and cryptocurrency

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical “startup” — we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment.

We thank all candidates who apply, but only those selected for an interview will be contacted. By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying "STOP" to the text message you received. If at any time you forget what keywords are supported, just reply "HELP." Message and data rates apply. If you require a special accommodation, please let us know and we’ll work with you to meet your needs.

This job is no longer open

Life at CoinFlip

We strive to provide the best cash-to-crypto experience possible. Our next-generation terminals have made it So Flippinᅢᄁ¬ツᆲ¬トᄁ Easy to purchase and sell cryptocurrency . Skip the long onboarding times of traditional exchanges and join the revolution. It's not too late.
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