Head of Finance

Ether.fi•Denver, CO

6d•Onsite

About The Position

ether.fi is a leading DeFi protocol on Ethereum, known for its liquid staking token weETH and its expansion into Liquid vaults and the ether.fi Cash Visa card. The protocol is supported by a group of operating companies in various international locations, including a regulated investment manager and a licensed VASP. The company is actively expanding into new markets and launching regulated products, with finance playing a crucial role in this growth. This role is for a Head of Finance to manage the entire finance function, reporting to the CFO. The responsibilities include month-end close, audits, budgeting, tax, treasury operations, fund NAV, payments, and payroll. The position requires a hands-on approach, as the team is small, with one accountant reporting to the Head of Finance, and the ability to hire more as the team grows. Collaboration with legal, compliance, operations, and product teams across different time zones is expected.

Requirements

Qualified accountant (CA, CPA, ACCA).
Big 4 audit background preferred.
8+ years of post-qualification experience.
At least 4 years of in-house experience in a crypto, fintech, or asset management business.
Previous experience running a finance function as a controller or head of finance, managing multiple entities and currencies.
Proven experience owning audits end-to-end.
Hands-on experience with intercompany agreements and transfer pricing.
Comfortable with crypto accounting, including wallet reconciliations, token accounting, staking rewards, and crypto fund NAV calculations.
Organized and direct communication style, with the ability to flag problems early.
Eligibility to work in Cayman (right to work or eligible for a permit).

Nice To Haves

Experience with Cayman funds, including CIMA registration, investment manager entities, and working with fund administrators.
Experience with VASP, payments, or card programs, including interchange.
Knowledge of US and Canadian tax regulations.
Experience with multi-country payroll and token compensation.
Familiarity with QuickBooks Online, crypto sub-ledgers, and AP automation tools.

Responsibilities

Run month end across all entities, with management accounts within 15 business days and quarterly reporting within 45 days.
Perform balance sheet reconciliations, including wallets, exchange, and custody balances against the ledger.
Manage revenue recognition for protocol fees, vault fees, card interchange, and treasury income.
Lead statutory audits for all entities.
Own the annual budget process and monthly budget vs. actuals analysis, ensuring all material assumptions are documented and defensible.
Develop and maintain cash flow forecasts.
Conduct daily liquidity monitoring across fiat, stablecoins, and crypto, with weekly portfolio reviews and rebalancing according to CFO-set targets.
Facilitate fund movements for payroll and payments.
Establish intercompany agreements and a transfer pricing model with external advisors.
Manage tax and regulatory finance filings across Cayman, Brazil, US, Canada, and UAE, including economic substance, US information returns, and CRA filings.
Execute weekly payment runs for vendors, payroll, and contractors in multiple countries, including token vesting and payouts, and expense reimbursements.
Track card inventory and costs in collaboration with the Operations team.
Oversee finance systems (QuickBooks, crypto sub-ledger, AP tool, payroll, cap table) to reduce manual reconciliations.
Collaborate with Compliance, Ecosystem, and Product teams on fee models and new product launches.
Support HR with compensation budgets, relocations, and payroll-related matters.