Head of Accounting and Finance

at  CoinClan

COMPANY INTRODUCTION:

CoinClan is a licensed & regulated cryptocurrency exchange company.
We are currently operating in Australia, the EU, the UK, Canada & Thailand. We trade on major crypto P2P platforms such as Binance P2P, and we are the largest crypto P2P merchant in all of the countries and P2P platforms where we operate.
We have longer term plans to build our own platform. We are now looking to expand our business to several other countries, such as Hong Kong, Taiwan, Brazil, Mexico, US & more. Our vision is to make crypto access seamless, for anyone, anywhere in the world.

JOB DESCRIPTION:

This is an opportunity to lead an executive function and to be one of the earliest employees in a fast-growing organization that strives for exponential growth and innovation. Reporting to the Founder and Chief Executive Officer, you will undertake the role of financial leader and manage accounting & finance functions of the entire organisation end-to-end, including the accounting of the parent offshore holding company and all of its subsidiaries & sister companies in Canada, the UK, Singapore, Australia, Estonia, Poland, Lithuania (and more to come) within the group. You will be responsible for all of the accounting, bookkeeping, budgeting, forecasting and seeking investors for all of the entities in the group, to make sure the already profitable group company has even more funds to grow rapidly and achieve its mission.
You will support the group in catching up on its past accounting, which has not been done properly in the past 3 years of operation due to the lack of crypto knowledge for most of the external accountants we have engaged previously, as they seemed to only ask for our bank statements and completely leave out all of our cryptocurrencies, including stablecoins (which make up the majority of our assets), so you will help fix all of that and provide an accurate annual financial report & balance sheet for the entire group. You will also help design and implement internal controls, accounting and finance policies and procedures, help us raise funds from investors as needed; and oversee and advise on capital management and financial planning.
Coinclan’s finances is more or less a blank slate. You will work with us to essentially establish our entire finance department from scratch. You will:
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Select and implement the most appropriate accounting software for the firm

• Implement accounting processes for all companies within the group
• Streamline accounts payable processes and embed an expense management system
• Establish trade reconciliation processes so we can effectively monitor any accidental coin settlements and detect any fraud or theft.
• Manage quarterly consolidated accounts.
• Monitor cash flow and build financial planning and analysis processes from scratch, e.g. budgeting and cash flow forecasts
• Establish business financial OKRs & KPIs and deliver them
• Ensure effective internal controls are in place and compliance with applicable laws and regulatory legislation for financial and tax reporting while minimising taxes.
• Oversee all treasury & capital management functions for both fiat and digital assets to ensure we have enough stock in crypto to sell on the platforms we trade on
• Ensure adequate capital is available, and properly allocated across the organization to ensure maximum ROI
• Find us the necessary capital from investors needed to build our new products, including establishing investment strategies (such as launching our own token)
• Provide strategic recommendations to the executive leadership team on both short and long term strategic financial objectives
• Manage the processes for financial forecasting and budgeting, business profitability across different sectors (exchange, staking, futures, etc) and oversee the preparation of all financial reporting for internal and external stakeholders
• Advise on long term business and financial planning
• Identify and address financial risks and opportunities for the business
• Establish and develop relationships with senior management and external partners and stakeholders
• Help manage and oversee our crypto & fiat payrolls
• As this is a senior position, you may hire others to do any of the above tasks

REQUIREMENTS:

• Qualified accountant with 1 year of crypto experience OR 2+ years of experience in B2C Fintech, blockchain, or other global technology companies(such as Google, Facebook, Airbnb etc), large or small.
• You MUST have a clear understanding of cryptocurrencies & how to account for them(to be honest, it is a new field & asset, so sometimes you can be creative in how you account for it, but to do that you must have a full understanding of the fundamentals).
• Bachelor’s degree or equivalent skills & experience.
• Strong knowledge in end to end accounting & making annual financial reports, capital raising, payrolls, financial projections, financial modelling, and capital management.
• Ability to work well in an very unstructured and fast paced environment
• Able to commit & deliver to the highest standards: Exceeding expectations is not enough. This person needs to know how to supersede even the highest of standards.
• Experience in evaluating, selecting and implementing accounting software
• Strong analytical skills and expertise in financial systems and reporting
• Leadership skills and commercial acumen to assess commercial opportunities based on a broad understanding of markets and business issues and focus on those with the greatest potential is highly preferred.
• Ability to engage constructively with senior management and to challenge on difficult issues
• Excellent written and verbal communication in Chinese & English
• Creative: able to think outside the box and deliver innovative and original solutions, especially in the field of tax minimization, so we can make legitimate income yet pay almost nothing in taxes.
• Able to commit & deliver to the highest standards: Exceeding expectations is not enough. This person needs to know how to exceed even the highest of standards.
• Ability to be independent & self-motivated with an attitude to contribute much more to the company outside of the defined job scope.

Please refer the Job description for details