Finance Associate - Kraken Bank

Cheyenne

Full Time Mid-level / Intermediate
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About Kraken
Our mission is to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. In our first decade, Kraken has risen to become one of the largest, most successful and respected crypto exchanges on the planet. 
We are changing the way the world thinks about finance and our range of successful products are playing a critical role in the mainstream adoption of crypto assets. We continue to trail-blaze into new territory with the introduction of Kraken Bank, providing a more seamless integration between crypto and the traditional financial system. This makes us the first crypto company (ever) to be awarded a U.S. state banking charter. 
Our diverse group of 2,000+ Krakenites are distributed all over the world as part of our 'remote first' culture, united by a shared passion for delighting customers, upholding crypto values and achieving our meaningful mission. We attract people who push themselves to improve, are radically transparent and think differently in order to unlock their potential. 
Crypto is a rapidly evolving industry and we’re just getting started. We’re growing fast and you're invited to join the revolution!
About the role
As a member of Kraken Bank and the Kraken Global Finance Team, the Finance Associate will contribute to building and performing the accounting functions of Wyoming’s first Special Purpose Depository Institution (SPDI), based in Cheyenne. The Finance Associate will report to the Controller – Special Purpose Depository Institution. This is an exciting opportunity to develop the accounting processes for a financial institution at the forefront of a rapidly expanding industry.
While we have a preference for candidates who are local to Wyoming, we are open to considering a fully remote position for the right person. Relocation assistance is available to those who are open to relocating to Wyoming.

Responsibilities

  • Prepare and post journal entries to the general ledger and prepare the Bank’s balance sheet, income statement, changes in equity position, and cash flow statements. Financial statements will be audited annually
  • Execute month-end close processes, including but not limited to preparation of journal entries, account analyses, and reconciliation of financial statement accounts
  • Prepare and monitor reports for daily cash positions and ensure adequate liquidity position
  • Monitor expenses and accounts receivable/payable, and the amortization/depreciation of prepayments, intangible assets and fixed assets
  • Collaborate with parent company accounting, budgeting/forecasting, treasury and tax teams in the preparation of the Bank’s financial statements and the consolidation with parent company financials
  • Assist in the implementation of internal controls and accounting processes and procedures

Requirements

  • Degree in Accounting with 2 - 5 years of relevant working experience
  • Background in accounting for financial services, fintech, banking, or an exchange strongly preferred
  • Ability to work under pressure in a fast-paced, dynamic environment
  • Proficiency in Microsoft Excel including pivot tables, VLOOKUP, INDEX MATCH, SUMIF
  • Working experience with ERP systems
  • Familiarity with SOX is a plus
We’re powered by people from around the world with their own unique backgrounds and experiences. We value all Krakenites and their talents, contributions, and perspectives.
Check out all our open roles at https://www.kraken.com/careers. We’re excited to see what you’re made of.  
Learn more about us
Watch "Top 10 Qualities of Kraken - How to Grow a Decacorn Remixed""Follow us on TwitterCatch up on our blogFollow us on LinkedIn
Job perks/benefits: Equity
Job region(s): North America
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