Accounting Manager

At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments and developers, we are improving the global financial system and creating greater economic fairness and opportunity for more people, in more places around the world. And we get to do the best work of our career and grow our skills surrounded by colleagues who have our backs. 

If you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value.

THE WORK:

Join Ripple Labs Inc., where we are revolutionizing the financial world with our crypto solutions! As a Senior Accountant based in Chicago, you'll play a vital role in our bold journey to deliver outstanding financial services.

WHAT YOU’LL DO:

Broker-Dealer Accounting and Regulatory Reporting:

• Prepare and maintain the firm’s FOCUS Report filings, including net capital computations and customer reserve calculations.


• Maintain the general ledger for the broker-dealer entity, running month-end close, account reconciliations, and journal entries.


• Compute and monitor aggregate indebtedness ratios and net capital, flagging early warning thresholds to the CFO.


• Support financial reporting for Stock Loan and Stock Borrow activity, including matched-book profit and loss and liquidity treatment.

Digital Asset Finance and Accounting:

• Handle month-end accounting for digital asset positions, incorporating mark-to-market valuations and custody reconciliations.


• Apply and document accounting policies for digital assets consistent with evolving U.S. GAAP mentorship.


• Reconcile on-chain and off-chain positions against custodian statements and internal trading system data.


• Provide support for accounting related to digital asset lending, repo, and collateral arrangements.

Financial Reporting and Controls:

• Assist in preparation of monthly and quarterly financial statements for broker-dealer and holding company entities.


• Support external auditors during annual financial statement audits.


• Maintain and improve internal control procedures, including SOD documentation and reconciliation sign-off protocols.


• Participate in systems and process improvement initiatives.