Accounting Manager

Ripple•Chicago, IL

23d•Onsite

About The Position

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.

Requirements

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.

Nice To Haves

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.

Responsibilities

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.
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.
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.