About the company
Crypto has had tremendous growth over the last several years. That growth comes with inevitable regulation. Regulation, in our view, is a good thing because once the industry passes through this phase, then crypto can access the rest of the world. We believe it’s going to be the companies that enable this transition from the pre-regulation to post-regulation industry and the companies that can properly navigate it, or better yet, be the ones that facilitate it - those are the most relevant companies in this next wave. Toku will be one of those companies. Toku’s products enable crypto-native companies to compliantly compensate their teams in both fiat and tokens in over 100 teams globally. Toku’s growing list of customers includes Aragon, Astar, dYdX, Filecoin Foundation, Gitcoin, Gnosis, Hedera Hashgraph, Mina, Protocol Labs, Teller, Safe, Storyverse, and others. Paying people with tokens is such an obvious first real-world use case of any token. It doesn’t matter what the token does. All tokens can be used to compensate workers. And in fact, are! Toku ensures that all the worker compensation that all those tokens need to do can be done legally, and proper taxes paid is a critical part of the transition to a post-regulation crypto industry. Toku raised $20 million from a consortium led by Blockchain Capital with Protocol Labs, GMJP, OrangeDAO, Orrick, Reverie, Quantstamp, Next Web Capital, and prominent angel investors including Protocol Labs founder Juan Benet and Alchemy co-founders Nikil Viswanathan and Joe Lau. Read more about Toku in Fortune, Yahoo Finance, and CoinDesk.
Job Summary
Key Responsibilities:
📍Accounts Receivable: 📍Generate and issue accurate customer invoices in a timely manner. 📍Monitor and follow up on overdue accounts to ensure timely collections. 📍Reconcile customer accounts, investigating and resolving discrepancies. 📍Communicate with customers regarding payment inquiries, disputes, and account status. 📍Process and apply customer payments, ensuring accurate recording in the accounting system. 📍Prepare AR aging reports and present them to management for review. 📍Collaborate with the sales and customer service teams to ensure accurate invoicing and resolve any client issues.
Accounts Payable:
📍Review, verify, and process vendor invoices, purchase orders, and expense reports for payment. 📍Ensure accurate coding and approval for all invoices and expenses. 📍Manage vendor relationships by addressing invoice discrepancies, resolving payment-related issues, and ensuring timely payments. 📍 Reconcile AP accounts, ensuring accurate tracking of outstanding liabilities. 📍Prepare and distribute regular AP reports to management, highlighting any issues or irregularities. 📍Maintain well-organized and up-to-date accounts payable files and records.
