Financial Accountant
1 month ago
Key Responsibilities:
- Manage accounting for blockchain transactions, including cryptocurrencies, token-based assets, and smart contract activities.
- Prepare financial reports in compliance with IFRS or GAAP, incorporating digital assets and tokenized transactions.
- Conduct reconciliations of digital asset wallets, exchanges, and blockchain transactions.
- Ensure proper accounting treatment for cryptocurrency holdings, trades, and mining or staking rewards.
- Work with external auditors and consultants on audits related to digital assets.
- Stay informed on the latest regulations affecting digital assets and ensure compliance with tax and reporting requirements.
- Monitor and report on the financial performance of DeFi protocols, NFTs, and other Web3 initiatives.
- Assist in implementing financial controls and processes to mitigate risk associated with digital asset transactions.
- Collaborate with cross-functional teams, including legal, compliance, and engineering, to develop best practices for financial reporting and digital asset management.
Qualifications & Skills:
- Bachelors Degree in accounting, Finance, or a related field; CA(SA) or equivalent qualification is preferred.
- Experience in the Web3, blockchain, or cryptocurrency space is highly advantageous.
- Strong understanding of blockchain technology, digital assets, and decentralized finance (DeFi).
- Proficiency with accounting software and crypto asset management tools.
- Knowledge of IFRS or GAAP standards, including the accounting treatment of digital assets.
- Experience with wallet reconciliation, crypto exchange accounts, and understanding of smart contracts.
- Ability to stay up to date with regulatory changes and emerging trends in the crypto industry.
- Excellent problem-solving skills and a strong attention to detail.
- Effective communication skills for collaborating with internal and external stakeholders.
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