About the company
Gemini is a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy bitcoin, ether, and other cryptocurrencies.
Job Summary
Responsibilities:
šServe as the go-to expert on derivative accounting within Gemini, ensuring proper scoping and application of derivatives accounting standards across the organization. Recruit, retain, and develop a world-class team. šLiaise closely with trading, risk, finance, and legal teams to ensure clear grasp of activities and appropriate recognition. šOversee the end-to-end accounting for all derivative instruments including options, futures, perpetual swaps, and other OTC contracts and assist in establishing scalable accounting infrastructure for these products in a fast-evolving environment. šLead month-end valuation of derivative instruments using appropriate pricing models and market inputs, working with internal trading, risk and technical accounting teams to validate the valuation models and inputs. šPrepare and review journal entries, reconciliations, and disclosures related to derivatives. šAssist with preparation of financial statements, footnotes, and management reporting packages related to derivatives and the OTC business. šDesign and maintain robust internal controls frameworks around derivative recognition, measurement, and disclosures in line with SOX requirements. šPartner with treasury, trading, risk and FP&A to understand new derivative instruments and their accounting implications. šCoordinate with external auditors and provide supporting documentation during audits. šIdentify and implement process improvements to enhance the efficiency and accuracy of derivative accounting and reporting. šCollaborate with internal and external technology and operations teams to automate reporting and valuation tools. šSupport regulatory reporting as needed, including any derivative-related disclosures to regulators or other relevant bodies. šCollaborate with group accounting on the preparation and review of technical accounting memos and whitepapers for significant transactions.
Minimum Qualifications:
šAn undergraduate or graduate degree in accounting, finance or related field. š5+ years of experience in financial reporting and accounting for derivatives, ideally at a global bank, exchange, hedge fund, financial institution, or crypto trading platform. šStrong knowledge of U.S. GAAP, particularly ASC 815 (Derivatives and Hedging) and ASC 820 (Fair Value). CPA (or equivalent license) and/or CFA. šPassion for the crypto industry with a strong interest in derivatives and accounting. šExperience with OTC derivative products, including options. šWillingness and commitment to learn and go deep.
Looking for your next challenge? The world of crypto offers exciting roles in blockchain development, web3 innovations, and remote opportunities.