About Paxful
Paxful is the people-powered marketplace for money transfers with anyone, anywhere, at any time. Imagine a world where everyone has equal access to finance, no matter who they are, or where they’re from. We're building it. Our mission is to empower the forgotten four billion unbanked, so they have control of their money in a way they've never had before.
Working across three offices in different time zones, the Paxful team serves our amazing community of 4 million strong. We build for people, not profits, and consider ourselves to be everyday heroes who don’t wear capes or masks. That’s why we launched Built with Bitcoin, a charitable initiative that aims to build 100 schools, water facilities, and entrepreneurial incubators in emerging markets all over the world. We want to show that bitcoin can have a positive impact and make real changes in the lives of people everywhere.
Paxful is seeking an experienced Controller to join the Finance team in New York. This person will be responsible for the accounting operations of our United States entities and will also be involved in our global accounting processes. In addition to periodic financial reporting (monthly, quarterly, and annually) and maintaining accurate accounting records, the Controller will be responsible for 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 and international financial reporting standards.
As a key member of our team, your responsibilities will entail:
- Prepare various financial analyses and annual financial statements for US-based group companies and consolidated financial statements
- Manage outsourced functions, such as audit and tax, and serve as company point person for external audit and preparation of tax returns
- Maintain robust controls over database systems including database queries and analysis
- Prepare and record asset, liability, revenue, and expense entries by compiling and analyzing account information
- Calculate and issue financial and operating metrics, which include variances from the budget, and report significant findings to management
- Handle conversion of relevant cryptocurrencies (e.g. BTC, USDT, ETH) into USD and maintain sufficient reserves of fiat currency to pay vendors and payroll
- Monitor and reconcile firm and user cryptocurrency balances at various custodians and in various hot/cold wallets
- Constantly review expenses and implement processes for controls and efficiencies
The most important skill and capabilities for this role are:
- Strong financial analysis skills
- Strong communication skills, both written and verbal
- Strong organizational and stress management skills
- Ability and comfort working closely with a CFO and management team
- Experience managing multiple entity financials
Target Experience:
- Bachelor's degree in accounting or finance required
- 8+ years of accounting experience
- Proficiency in Microsoft Office, particularly with Excel
Ideally, you’ll also have:
- CPA or CA designation
- Experience or interest in cryptocurrency, blockchain and/or financial technology
- Experience with new legal entity setup
- Experience with providing input on new product specifications and requirements for integration
Diversity & Inclusion at Paxful
At Paxful, we know that a diverse workforce fuels our individual and collective success. We encourage applicants of different backgrounds, cultures, genders, experiences, abilities and perspectives to apply. We are actively working to increase the diversity of experience and perspectives on our team and are looking for someone who can help continue to lead that process.
EEOC and Accommodations
Paxful is committed to diversity in the workplace and we’re proud to be an equal opportunity employer. We do not hire on basis of race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other basis protected by local, state or federal law.
We’re also committed to providing accommodations to people with disabilities. If you need any kind of accommodation because of a disability for any part of the employment process, you can reach out to [email protected] and let us know how we can best help you.
Global Data Privacy Notice for Job Candidates and Applicants
Depending on your location, the General Data Protection Regulation (GDPR) and other privacy laws may regulate the way we manage the data of job applicants. Our full Privacy Notice is available at https://paxful.com/privacy-notice. By submitting your application, you are agreeing to our use and processing of your data as required.