Staff Accountant

CoinFlip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume, with more than 5,500 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, Brazil, Mexico, and Spain. CoinFlip’s digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase digital currency using cash. 

CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white-glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects. We also offer the CoinFlip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices. 

CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune’s Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie ® Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech.

The Staff Accountant will support CoinFlip’s accounting function with a focus on cryptocurrency-related transactions, monthly close processes, and account reconciliations. This role works closely with the broader Accounting & Finance team and plays a key part in ensuring the accuracy of financial data across CoinFlip’s digital asset operations and ATM network.

Responsibilities:

Crypto Accounting & Digital Asset Management

• Prepare and maintain monthly rollforwards for BTC, ETH, LTC, and other supported digital assets.
• Reconcile wallet balances to blockchain data and internal subledgers.
• Perform wallet data cleanup, validation, and exception resolution.
• Process and account for crypto donations, rewards, and incentives.
• Perform fair market value (FMV) calculations and remeasurements for digital asset holdings.
• Support position checks and proof-of-reserves style reconciliations.
• Record and reconcile hardware wallet activity, including Trezor and cold storage.

Financial Close & Reporting

• Prepare and post journal entries for month-end close.
• Prepare balance sheet account reconciliations.
• Support flux analysis and variance explanations.
• Maintain fixed asset registers and depreciation schedules.
• Assist in preparing financial reporting schedules and audit support packages.
• Assist with monthly closing processes and financial statement preparation.

Process & Collaboration

• Develop spreadsheet reports, verify information, and reconcile accounts.
• Analyze current accounting policies and procedures and recommend improvements.
• Contribute to SOP development and support cross-functional teams on accounting processes.
• Respond to information requests and research accounting and financial questions.
• Collaborate with other departments on special projects.
• Meet processing and reporting deadlines.
• Other duties as assigned.

Qualifications:

• Bachelor’s degree in Accounting or related field.
• At least one year of related accounting experience.
• Working knowledge of cryptocurrency and blockchain fundamentals (required — this role is focused on digital asset accounting).
• Understanding of GAAP and general financial accounting principles.
• Proficient with Microsoft Office Suite; experience with NetSuite or similar ERP preferred.
• Excellent organizational skills and attention to detail.
• Strong verbal and written communication skills.

Nice to Have:

• Passion for fintech and the evolving cryptocurrency landscape.
• Experience with Alteryx, Tableau, or similar data/BI tools.
• Exposure to multi-entity or international accounting environments.

Compensation:

Annual Base Salary: $13,000-$21,000 USD

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical “startup” — we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.

CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted.

By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying “STOP” to the text message you received. Message and data rates may apply. If you require a special accommodation, please let us know and we’ll work with you to meet your needs.