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Accounting Manager - Capital Markets/Trading

FalconXNew York City, NY
On-site Full-time $157K/yr - $180K/yr

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Experience Level

Manager

Qualifications

Proven experience in accounting management, preferably within the finance or cryptocurrency sectors. Strong understanding of digital assets and trading operations. Exceptional analytical and leadership skills. Experience with ERP systems and accounting software. Effective communication and interpersonal abilities.

About the job

Who are we?

FalconX is an innovative team of operators, investors, and builders dedicated to transforming institutional access to the cryptocurrency markets. Positioned at the nexus of traditional finance and state-of-the-art technology, FalconX tackles the industry's primary challenges: navigating the digital asset market, which can be intricate and fragmented, with a scarcity of products and services that accommodate trading strategies, structures, and liquidity akin to conventional financial markets. As a holistic solution for all digital asset strategies from inception to scalability, FalconX serves as the connective tissue enabling clients to seamlessly navigate the constantly evolving cryptocurrency landscape.

Department: Accounting / Finance
Reports to: Director, Platform Accounting

About the Role

FalconX is in search of a talented and driven Accounting Manager to join our vibrant Global Finance Team. This role is crucial for ensuring the smooth functioning of accounting processes, contributing to our mission of unlocking financial freedom and efficiently scaling returns within the cryptocurrency sector.

Responsibilities

  • Lead the Trading Pillar: Manage a team focused on the daily operations and month-end close for spot trading, DeFi, and market-making activities.
  • Digital Asset Accounting: Implement accounting for complex trading strategies, including Mark-to-Market (MTM) valuations, cost-basis tracking, and realized/unrealized gain/loss analysis.
  • DeFi & Smart Contract Oversight: Supervise the accounting treatment for DeFi activities, such as liquidity provisioning, yield farming, and engagements with various decentralized protocols.
  • Market Making Operations: Oversee financial reporting for market-making activities, ensuring meticulous tracking of inventory, flow, and spread-based revenue.
  • Systems & Automation: Collaborate with the Data and Engineering teams to enhance the Sub ledger, facilitating seamless data flow from proprietary trading platforms into ERP.
  • Reconciliation Leadership: Spearhead the resolution of high-volume, unstructured reconciliations across diverse exchanges.

About FalconX

FalconX is at the forefront of the cryptocurrency revolution, providing institutional clients with unparalleled access and innovative solutions. Our commitment to excellence and integrity drives us to navigate the complexities of the crypto landscape, ensuring that our clients can achieve their financial goals with confidence.

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