At a Glance
- Tasks: Drive accounting for digital asset lending and capital markets while ensuring compliance.
- Company: Join Coinbase, a leader in the crypto revolution with a mission to enhance economic freedom.
- Benefits: Competitive salary, bonuses, equity, and comprehensive health benefits.
- Other info: Dynamic work culture with opportunities for mentorship and career growth.
- Why this job: Be part of a transformative team shaping the future of finance with cutting-edge technology.
- Qualifications: 10+ years in accounting, CPA preferred, with expertise in capital markets and crypto.
At Coinbase, our mission is to increase economic freedom in the world. We are seeking a highly skilled and experienced Assistant Controller to join our finance team, focusing on Prime Financing and Capital Markets operations. This role drives the accurate and compliant accounting for complex digital asset lending, borrowing, derivatives, and other structured products.
The ideal candidate possesses deep technical accounting knowledge (US GAAP/IFRS), a strong understanding of traditional capital markets products and prime financing, and the ability to apply these principles to the cryptocurrency landscape. You will build scalable processes, ensure robust internal controls, and provide financial analysis for growing institutional offerings.
What you’ll be doing:
- Develop and maintain accounting processes for prime financing and capital markets, ensuring GAAP/IFRS compliance and crypto-specific guidance (e.g., FASB ASU 2023-08).
- Apply standards such as ASC 815, ASC 860, and ASC 825 to crypto lending/borrowing, derivatives, and prime brokerage services.
- Oversee accurate and timely recording of transactions, including interest, trading gains/losses, fees, and collateral movements.
- Prepare and review journal entries, reconciliations, and financial statements for prime financing and capital markets.
- Design and maintain SOX-compliant internal controls addressing crypto-specific risks like custody, smart contracts, and private key management.
- Collaborate with Product, Risk, and Legal teams to assess accounting implications of new products and ensure proper system setup.
- Identify opportunities to automate and improve accounting processes using blockchain data and external tools.
- Conduct P&L and balance sheet analysis, support audits, and stay updated on regulatory requirements impacting digital asset services.
- Assist in preparing regulatory filings and disclosures for prime financing and capital markets.
- Manage and mentor accounting teams and lead projects related to financial infrastructure and new product launches.
What we look for in you:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA designation preferred/required by role.
- 10+ years of progressive accounting experience, with at least 4–5 years in prime brokerage, capital markets, or complex financial instruments accounting within a financial institution.
- Strong analytical and problem-solving skills, with the ability to navigate ambiguity and apply accounting principles to novel crypto transactions.
- Excellent communication skills, both written and verbal, with the ability to articulate complex accounting issues to technical and non-technical audiences.
- Highly detail-oriented, organized, and able to manage multiple priorities in a dynamic environment.
- Experience with SOX compliance within a financial services context.
- Proficiency with large ERP systems (e.g., NetSuite, SAP, Oracle) and Google Suite.
Nice to have:
- Experience with a crypto prime brokerage or institutional digital asset firm.
- Familiarity with crypto accounting software or blockchain analytics platforms.
- Experience with multi-currency accounting and FX impact on financial instruments.
- Deep understanding of digital assets, blockchain technology, and cryptocurrency markets; familiarity with crypto protocols, DeFi concepts, and common digital asset use cases.
Assistant Controller, Prime Financing & Capital Markets in Toronto employer: Coinbase
At Coinbase, we foster a dynamic and challenging work environment where innovation thrives and employees are empowered to push their limits. As a remote-first company, we offer flexibility while also prioritizing collaboration through quarterly in-person 'surges' that enhance team synergy. With a strong focus on employee growth and impactful projects, joining our team means contributing to the future of finance in a meaningful way.
