📝 DRAFT — Controller at Paxful

Controller Paxful 💼 Tech ⏰ Full Time 🌍 New York, NY

posted 1705 days ago ✅ 5 applications

About the Job

Paxful is a leading peer-to-peer powered bitcoin marketplace and a universal money translator. Our mission is social justice through financial freedom worldwide. By offering a platform with over 300 financial networks that empowers both merchants and buyers alike, we have created opportunities for millions across the globe who don’t have access to traditional banking services.

Paxful was founded in 2015 and has an established headquarters in New York, with offices in Estonia, Hong Kong, the Philippines and Johannesburg. Currently, we have over 170 dedicated employees globally and are growing rapidly. We have millions of users, a strong business model, and are completely bootstrapped. One of our pillars is giving back to the communities we help through initiatives such as #BuiltWithBitcoin. You’ll be joining an international team that seeks to make real, sustainable change in the world.

Paxful teams tend to have:
An open mind: We believe that change and new ideas are exciting, not threatening.
A proactive attitude: We’re willing and ready to roll up our sleeves and take responsibility.
Accountability: As colleagues, we take care of each other and our work.
Self-direction: We figure out solutions on our own and take charge of carrying them out.
An adaptive mindset: We shift our processes, perspectives, and working styles along with the environment.
Passion: We feel driven by being part of the mission.

Sound like a fit?
We are looking for a Controller who will be managing a team to handle the bookkeeping needs of the company in our 5 global offices. Working with the Finance team at the New York City office, you'll be using your accounting skills to ensure managing the cash and risk management of the firm, including bank accounts and filing the appropriate tax documents. Responsibilities include the accounting operations of the company, to include the production of periodic financial reports (monthly, quarterly, and annually), maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. Ultimately you will be responsible for the reporting, accounting, cash and risk management for the company.

What you'll be doing:
Maintain and enforce a documented system of accounting policies and procedures
Manage outsourced functions (e.g. audit, tax)
Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures
Ensure that accounts payable are paid in a timely manner and that all reasonable discounts are taken on accounts payable
Ensure that accounts receivable are collected promptly, and that payroll is processed in a timely manner
Ensure that periodic bank reconciliations are completed and required debt payments are made on a timely basis
Maintain the chart of accounts, an orderly accounting filing system and a system of controls over accounting transactions
Issue timely and complete financial statements
Coordinate the preparation of the quarterly and annual management summary reports
Recommend benchmarks against which to measure the performance of company operations
Calculate and issue financial and operating metrics, and variances from the budget and report significant issues to management
Provide for a system of management cost reports and financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations
Coordinate the provision of information to external auditors for the annual audit
Monitor debt levels and compliance with debt covenants
Comply with local, state, and federal government reporting requirements and tax filings

What you’ll bring to this role:
Bachelor's degree in Accounting, Finance, Business Administration or equivalent business experience
4+ years of progressively responsible experience in a senior accounting role for a high-growth company or oversight of a complete corporate Controller department
CPA designation required
Strong interpersonal and communication skills
Impeccable analytical and organization skills
Self-motivated and self-directed
Ability and comfort working closely with a CFO and management team
Experience with NetSuite and/or Sage Intacct

Ideally, you’ll also have:
Experience with transfer pricing
Experience with new legal entity setup
Experience or interest in cryptocurrency, blockchain and/or financial technology

Perks:
Healthcare insurance, including dental and vision
Catered lunch and dinner daily, with premium snacks
Gym membership of your choice and personal training sessions
Sports nutrition and supplements, massages and chiropractor sessions
Training and professional development resources
Paid company events and retreats
Generous paid time off
Paid maternity/paternity leave including a one-time bonus to support newborn
Commuter benefits
Accessible office in the West Village
Flexible hours