Accounting Manager

About the role

As an Accounting Manager at Ripple, you will be integral to the financial operations, particularly in broker-dealer accounting and regulatory reporting. Your role will involve preparing FOCUS Report filings, maintaining the general ledger, and ensuring compliance with SEC and FINRA regulations.

You will also handle month-end accounting for digital asset positions, applying U.S. GAAP principles. Success in this position means effectively managing financial reporting and internal controls while supporting external audits and process improvements.

The salary range for this role is $132,000 to $160,000, reflecting the competitive nature of the industry.

Skills that matter here

• Accounting: This role requires strong accounting skills to manage financial reporting and compliance.
• Finance: A solid finance background is essential for understanding the financial implications of digital assets.
• U.S. GAAP: Proficiency in U.S. GAAP is crucial for ensuring accurate financial reporting.
• Excel: Strong Excel skills are necessary for data analysis and financial modeling.

Who this role suits

• Candidates should have a background in accounting or finance with 3-6 years of relevant experience.
• Attention to detail and the ability to manage multiple tasks are important traits for success.
• Experience in financial services or public accounting will be beneficial.
• A proactive approach to problem-solving and process improvement will help thrive in this role.

From the employer

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.

What You'll Bring

• Bachelor’s degree or equivalent experience in Accounting, Finance, or a related field; CPA license or active candidacy strongly preferred.
• 3–6 years of accounting experience, with exposure to broker-dealer accounting, financial services, or public accounting.
• Working knowledge of SEC Rules 15c3-1 and 15c3-3, FINRA financial reporting requirements, and FOCUS Report preparation.
• Proficiency in U.S. GAAP financial reporting.
• Strong Excel skills; experience with general ledger systems.
• High attention to detail and ability to prioritize multiple tasks.
• Preferred: Background in handling digital asset accounting.
• Experience supporting FINRA or SEC regulatory examinations.
• Familiarity with prime brokerage or cleared derivatives accounting.
• Exposure to Stock Loan/Stock Borrow accounting.
• Experience with intercompany accounting across multi-entity structures.
• Proficiencies: Technical Expertise, Regulatory Acumen, Analytical Rigor, Communication, Adaptability, Integrity.

What The Company Offers

• Competitive salary, bonuses, and equity.
• Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support.
• Employee giving match.
• Mobile phone stipend.
• R&R days so you can rest and recharge.
• Generous wellness reimbursement and weekly onsite & virtual programming.
• Generous vacation policy - work with your manager to take time off when you need it.
• Industry-leading parental leave policies. Family planning benefits.
• Catered lunches, fully-stocked kitchens with premium snacks/beverages, and plenty of fun events.

Benefits listed above are for full-time employees.