Senior Accountant (Chicago)
CoinFlip is a global digital currency platform company focused on providing consumers with 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 5,500 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, Brazil, Mexico, and Spain. CoinFlip’s digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase 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. We also offer the CoinFlip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices. 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. We are seeking a CPA-licensed Senior Accountant to take ownership of complex areas of CoinFlip’s cryptocurrency accounting function across domestic and international operations. This role requires strong technical accounting judgment and the ability to independently manage digital asset reconciliations, revenue accounting, intercompany eliminations, and financial close processes. The Senior Accountant (CPA) will lead audit support efforts, apply international accounting standards to foreign business units, and serve as a subject matter resource for junior staff. CoinFlip operates as a licensed money services business, and this role supports compliance with related financial reporting obligations across multiple jurisdictions. Responsibilities Crypto Accounting & Digital Asset Management Prepare and maintain monthly rollforwards for BTC, ETH, LTC, and other supported digital assets. Reconcile wallet balances to blockchain data and internal subledgers. Perform wallet data cleanup, validation, and exception resolution. Perform fair market value (FMV) calculations and remeasurements for digital asset holdings. Support position checks and proof-of-reserves style reconciliations. Record and reconcile hardware wallet activity, including Trezor and cold storage. Process and account for crypto donations, rewards, and incentives. Own accounting and reconciliation of international digital asset activity. Revenue, Cost & Operational Accounting Calculate kiosk cost of sales (COS), fees, and related margin analysis. Analyze transaction fees, spreads, and service-level profitability. Reconcile liquidity provider balances, fees, and settlements. Analyze and document revenue recognition for new business lines under ASC 606. Lead transfer pricing calculations and intercompany crypto activity. Design and implement intercompany due to/due from accounting schedules for reconciliation and elimination. Learn and apply relevant international accounting rules for foreign business units. Collaborate with international operations teams to implement accounting and finance practices in new markets. Coordinate with international CPAs to complete month-end close for foreign entities. Financial Close & Reporting Prepare and post journal entries; lead or support monthly, quarterly, and annual close processes. Prepare general ledger account reconciliations to ensure completeness and accuracy. Maintain and reconcile fixed asset registers and depreciation schedules. Lead flux analysis and variance explanations for management review. Obtain and analyze data from multiple sources to develop schedules used as support documents for month-end close. Prepare financial reporting schedules and audit support packages for internal and external auditors. Assist the Financial Reporting Manager in preparation of financial statements and other internal reporting. Process Improvement & Documentation Identify automation and efficiency opportunities across accounting workflows. Develop and maintain SOPs and process documentation for accurate and timely financial reporting. Utilize data visualization and business intelligence tools to improve process efficiency. Support system implementations, enhancements, and testing (including NetSuite). Provide training and guidance to junior staff and cross-functional teams. Other duties as assigned. Qualifications CPA licensed (required). Bachelor’s degree in Accounting or related field. 3 years of industry or public accounting experience. Fundamental understanding of cryptocurrency and blockchain (required). Highly proficient in Microsoft Office; working knowledge of NetSuite or comparable ERP. Experience with or strong interest in data/BI tools such as Tableau or Alteryx. Strong command of GAAP, including ASC 606 revenue recognition and international accounting standards. Intellectually curious with a demonstrated ability to improve and implement processes. Self-starter with strong organizational skills and attention to detail. Must be authorized to work in the U.S. on a permanent basis without requiring sponsorship. Nice to Have Experience with Alteryx, Tableau, or similar data tools. Background in MSB, fintech, or regulated financial services environments. Familiarity with state regulatory examination response processes or multi-jurisdictional reporting. Experience supporting external audits under international frameworks (e.g., Corporations Act / ASIC obligations). General passion for fintech and the cryptocurrency industry. Compensation Annual Base Salary: $24,000-$40,000 USD 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. J-18808-Ljbffr
