Bitwise
Accounting Manager
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Job Description
- Req#: d686d324-7cb9-462b-8270-2e98241b263d
- Accounting Operations: Oversee daily accounting operations, including accounts payable and receivable, fixed asset management general ledger maintenance, payroll processing, accruals, prepaids, realized and unrealized gains and losses accounting, and cash management. Ensure compliance with GAAP, internal policies, and controls while driving process improvements and operational efficiency.
- Accounts Payable / Bill Pay: Oversee the accounts payable function to ensure timely processing and payment of vendor invoices. Collaborate with cross-functional team leaders to uphold accounting procedures and internal controls, while maintaining strong relationships with vendors and internal stakeholders to resolve any payment issues promptly and efficiently.
- Financial Close Process: Streamline and accelerate the month-end and year-end financial close process to ensure timely and accurate financial reporting. Identify and implement process improvements to enhance efficiency.
- Audit Management: Lead and manage all aspects of the audit process, including historical audits and overseeing current audit engagements to ensure compliance with GAAP.
- Technical Accounting Expertise: Provide guidance on complex accounting issues, including stock-based compensation (ASC 718), equity transactions (ASC 505), revenue recognition (ASC 606), ASC 840 (leases), deferred tax assets/liabilities, goodwill and intangible assets under ASC 805, and collaboration with fund accounting on corporate accounting of fund financials.
- Accounting Policies Development: Maintain compliance with existing accounting policies and develop new accounting guidelines to enhance departmental processes.
- Global Consolidations: Manage the consolidation of US and international entities, ensuring compliance with reporting standards.
- New Business Initiatives: Provide technical accounting support for potential new business initiatives including M&A and new product launches/partnerships to ensure GAAP compliance.
- Tax Compliance: Oversee the external tax firm to ensure compliance across multiple jurisdictions, including timely and accurate filing of local, state, and international tax returns.
- System Integration: Collaborate with the Head of Corporate Finance on the integration of a new accounting system and HRIS system, ensuring accurate data migration and minimal disruption to accounting function.
- Team Leadership: Manage and mentor a Senior Accountant, fostering a collaborative and results-driven environment.
- Financial Reporting: Prepare, review, and analyze financial statements (BS, FS, and Cash Flow) to ensure accuracy and completeness. Perform flux analysis to support FP&A with executive reporting function.
- Bachelor’s degree or higher in Accounting
- Certified Public Accountant(CPA) certification or equivalent.
- Big 4 accounting or large regional firm experience
- 7-10 years of progressive accounting experience in asset management or financial services industries, ideally with a focus on audit management, technical accounting/GAAP compliance, global consolidations, and financial reporting.
- Proven track record in managing audits and improving financial close processes.
- Deep understanding of US GAAP and the ability to communicate accounting issues to both finance and non-finance personnel
- Experience with accounting software (e.g., NetSuite, SAP, or equivalent).
- Strong leadership, analytical, and communication skills.
- High attention to detail, problem-solving abilities, and strong organizational skills.
- Demonstrates a proactive, hands-on approach to problem-solving
- Comfortable navigating ambiguity and making informed, quick decisions
- Compensation: $160k-$185k salary + equity
- Equity compensation as a component of all offers
- Health insurance, including dental and vision plans
- Health, Dependent Care and Commuter Flexible Spending Accounts
- Paid Parental Leave
- Life insurance; short- and long-term disability plans
- Company-funded 401K plan, no matching required
- Unlimited PTO
- 10 paid company-wide holidays
- Office spaces in San Francisco and New York
- Meals and snacks provided in office
- Paid company cell phone or stipend
- Bitwise “Buddy” Program (30-day new-hire success program)
- Annual birthday and anniversary gifts
- Company-wide events including annual holiday party
- Internal Women of Bitwise (WOB) group with fun events
It’s not very often that a new asset class is born. But that’s exactly what we’re witnessing today with the rise of crypto.
Bitwise Asset Management is the largest crypto index fund manager in America. Thousands of financial advisors, family offices, and institutional investors partner with Bitwise to understand and access the opportunities in crypto. For seven years, Bitwise has established a track record of excellence managing a broad suite of index and active solutions across ETFs, separately managed accounts, private funds, and hedge fund strategies. Bitwise is known for providing unparalleled client support through expert research and commentary, its nationwide client team of crypto specialists, and its deep access to the crypto ecosystem. We provide education, partnership, and professionally managed investment products tailored to this group’s needs, to help them build their view, pick their strategy, and get their exposure.
We are looking for an accounting leader to join our team and take on important responsibilities to help Bitwise scale. You will report to the Director, Head of Corporate Finance and will oversee daily accounting operations, manage audits (including historical ones), and ensure timely and accurate financial reporting. You will be responsible for improving the efficiency of the financial close process and working with external tax teams to ensure tax compliance across multiple jurisdictions. Additionally, you will support the integration of new accounting systems and contribute to new business growth initiatives from an accounting compliance perspective. This role requires a detail-oriented, hands-on professional with a deep technical expertise in GAAP compliance, equity and stock option accounting, and global consolidation. The ideal candidate has experience in the Asset Management industry, a strong understanding of technical accounting, and the ability to work closely with a small accounting team to drive process improvements.
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What You Will Do
What you’ll need
What We Offer
\nBitwise is an equal opportunity employer. We are committed to building a team of people with a variety of backgrounds, perspectives, and skills. It is the policy of Bitwise to ensure equal opportunity. All candidates are considered without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, marital status, ancestry, physical or mental disability, veteran status, or any other legally protected characteristics.
About the company
The world’s largest crypto index fund manager. We believe everyone should have easy access to crypto assets. Discover how we can be your trusted partner.