Manage broker-dealer accounting, regulatory reporting, FOCUS filings, net capital calculations, general ledger close, reconciliations, and journal entries. Support digital asset valuation, custody reconciliations, lending and collateral accounting, financial statements, audits, and internal controls. The role requires knowledge of U.S. GAAP, SEC and FINRA requirements, strong Excel skills, and experience with accounting systems. Digital asset, regulatory examination, prime brokerage, stock loan, and intercompany accounting experience are preferred.
At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments and developers, we are improving the global financial system and creating greater economic fairness and opportunity for more people, in more places around the world. And we get to do the best work of our career and grow our skills surrounded by colleagues who have our backs.
If you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value.
THE WORK:
Join Ripple Labs Inc., where we are revolutionizing the financial world with our crypto solutions! As a Senior Accountant based in New York, NY, you'll play a vital role in our bold journey to deliver outstanding financial services.
WHAT YOU’LL DO:
- Broker-Dealer Accounting and Regulatory Reporting:
- Prepare and maintain the firm’s FOCUS Report filings, including net capital computations and customer reserve calculations.
- Maintain the general ledger for the broker-dealer entity, running month-end close, account reconciliations, and journal entries.
- Compute and monitor aggregate indebtedness ratios and net capital, flagging early warning thresholds to the CFO.
- Support financial reporting for Stock Loan and Stock Borrow activity, including matched-book profit and loss and liquidity treatment.
- Digital Asset Finance and Accounting:
- Handle month-end accounting for digital asset positions, incorporating mark-to-market valuations and custody reconciliations.
- Apply and document accounting policies for digital assets consistent with evolving U.S. GAAP mentorship.
- Reconcile on-chain and off-chain positions against custodian statements and internal trading system data.
- Provide support for accounting related to digital asset lending, repo, and collateral arrangements.
- Financial Reporting and Controls:
- Assist in preparation of monthly and quarterly financial statements for broker-dealer and holding company entities.
- Support external auditors during annual financial statement audits.
- Maintain and improve internal control procedures, including SOD documentation and reconciliation sign-off protocols.
- Participate in systems and process improvement initiatives.
WHAT YOU'LL BRING:
- Bachelor’s degree or equivalent experience in Accounting, Finance, or a related field; CPA license or active candidacy strongly preferred.
- 3–6 years of accounting experience, with exposure to broker-dealer accounting, financial services, or public accounting.
- Working knowledge of SEC Rules 15c3-1 and 15c3-3, FINRA financial reporting requirements, and FOCUS Report preparation.
- Proficiency in U.S. GAAP financial reporting.
- Strong Excel skills; experience with general ledger systems.
- High attention to detail and ability to prioritize multiple tasks.
Preferred:
- Background in handling digital asset accounting.
- Experience supporting FINRA or SEC regulatory examinations.
- Familiarity with prime brokerage or cleared derivatives accounting.
- Exposure to Stock Loan/Stock Borrow accounting.
- Experience with intercompany accounting across multi-entity structures.
Proficiencies:
- Technical Expertise: Strong knowledge of broker-dealer accounting standards and a keen interest in achieving comparable proficiency in digital asset accounting frameworks.
- Regulatory Acumen: Ability to interpret and apply financial requirements and translate them into accurate financial records.
- Analytical Rigor: Comfortable working with large datasets and building reconciliation frameworks.
- Communication: Able to clearly detail and present accounting positions.
- Adaptability: Thrives in a constantly evolving environment.
- Integrity: Maintains the highest standards of accuracy and independence in financial reporting.
For positions that will be based in NY, the annual salary range for this position is below. Actual salaries may vary based on numerous factors including, among other things, an individual applicant’s experience and qualifications for the position. This range does not include equity or additional compensation, such as bonuses or commissions.
NY Annual Base Salary Range
$132,000—$160,000 USD
WHO WE ARE:
Do Your Best Work
- The opportunity to build in a fast-paced start-up environment with experienced industry leaders
- A learning environment where you can dive deep into the latest technologies and make an impact. A professional development budget to support other modes of learning.
- Thrive in an environment where no matter what race, ethnicity, gender, origin, or culture they identify with, every employee is a respected, valued, and empowered part of the team.
- In-office collaboration for moments that matter is important to our culture, and we give managers and teams the flexibility to decide which 10+ days a month they come in.
- Bi-weekly all-company meeting - business updates and ask me anything style discussion with our Leadership Team
- We come together for moments that matter which include team offsites, team bonding activities, happy hours and more!
Take Control of Your Finances
- Competitive salary, bonuses, and equity
- Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support
- Employee giving match
- Mobile phone stipend
Take Care of Yourself
- R&R days so you can rest and recharge
- Generous wellness reimbursement and weekly onsite & virtual programming
- Generous vacation policy - work with your manager to take time off when you need it
- Industry-leading parental leave policies. Family planning benefits.
- Catered lunches, fully-stocked kitchens with premium snacks/beverages, and plenty of fun events
Benefits listed above are for full-time employees.
Ripple is an Equal Opportunity Employer. We’re committed to building a diverse and inclusive team. We do not discriminate against qualified employees or applicants because of race, color, religion, gender identity, sex, sexual identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, military status, or any other characteristic protected by local law or ordinance.
Please find our California, UK/EU, Singapore, DIFC, ADGM, Australia, and Switzerland Applicant Privacy Notice for reference.
Ripple New York, New York, USA Office
155 West 23rd Street, New York, New York, United States, 10011
Similar Jobs
Artificial Intelligence • Legal Tech • Software
Own technical accounting for complex transactions under US GAAP, including revenue, leases, stock compensation, income taxes, business combinations, foreign currency, and intercompany matters. Write audit-ready memos and policies, lead external auditor discussions, support global entity expansion and ERP implementation, manage external advisors, monitor accounting standards, and design controls for technical accounting areas.
Top Skills:
Asc 606Asc 718Asc 740Asc 805Asc 830Asc 842ErpIcfrNetSuitePcaobSoxUs Gaap
Artificial Intelligence • Legal Tech • Software
Manage global monthly, quarterly, and year-end close across multiple entities, including reconciliations, journal entries, consolidation, flux analysis, and audit coordination. Lead accounting teams in New York and Stockholm, improve close processes, establish SOX-ready controls, support acquisitions, and oversee the accounting migration to NetSuite. Partner with Technical Accounting, FP&A, Tax, AP, AR, Payroll, and external auditors.
Top Skills:
Ai ToolsIfrsK3NetSuiteSoxUs Gaap
Fintech • Software • Financial Services
Design and build end-to-end derivatives accounting product capabilities. Translate complex accounting requirements into product requirements, workflows, calculations, journal-entry logic, business rules, and acceptance criteria. Define functionality for derivative instruments, valuation integration, hedge accounting, effectiveness testing, reporting, disclosures, controls, and audit support. Collaborate with Product, Engineering, Valuation, Accounting, quantitative teams, clients, and subject-matter experts throughout solution design, testing, validation, and release.
Top Skills:
Asc 815Ifrs 9
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
