Controller, Prime Financial Services

As the Controller for Prime Financial Services at BitGo, your key responsibilities include overseeing daily accounting for cryptocurrency trades, preparing timely financial statements, and ensuring compliance with relevant accounting standards and regulations. You’ll be in charge of developing accounting policies specific to crypto assets and managing robust internal controls to protect the organization’s financial integrity. Additionally, you’ll collaborate with internal teams to support strategic decision-making related to crypto trading operations.

To be considered for the Controller role at BitGo, candidates should possess a Bachelor’s degree in accounting or finance, with CPA or other relevant certifications preferred. Ideally, you should have 3-5 years of experience in accounting or financial reporting, focusing on crypto assets or blockchain technology. Familiarity with cryptocurrency exchanges and regulatory requirements in the digital asset space is essential.

The Controller at BitGo plays a critical role in ensuring compliance with financial regulations by implementing internal controls, preparing accurate financial statements, and collaborating with the legal and compliance teams. This helps maintain adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements, as well as other emerging regulations affecting crypto trading and asset management.

Working as a Controller at BitGo means being part of a fast-paced, innovative environment where collaboration is key. Being onsite in our Palo Alto office fosters dynamic teamwork and open communication, allowing you to engage with cross-functional teams on a daily basis. You’ll find yourself surrounded by driven colleagues who share a passion for transforming the financial services landscape.

In the Controller position at BitGo, you’ll utilize various accounting and trading systems to ensure accurate data capture of cryptocurrency trading activities. Familiarity with accounting software like NetSuite, blockchain-based accounting tools, and proficiency in tracking regulatory compliance for digital assets will be essential for your success in this role.

When answering this question, provide specific examples of your experience with cryptocurrency accounting, including the accounting standards you've used, any unique challenges you've faced, and how you adapted financial practices for digital assets. Highlight your knowledge of GAAP or IFRS applied to crypto transactions.

Discuss the methods you use to implement and monitor compliance, such as developing internal controls, conducting regular audits, and staying updated on regulatory changes. Mention any tools or systems you've used to facilitate compliance within financial reporting.

Explain your approach to assessing unrealized gains and losses in the context of crypto trading, including how you value digital assets and ensure accurate reporting practices. Offer examples from past roles where you successfully managed this aspect.

Share your experience of working with external auditors, particularly in the context of cryptocurrency transactions, and emphasize how you've ensured that audit processes cover crypto activities as thoroughly as traditional financial operations. Mention any significant findings or improvements that arose from past audits.

Reflect on challenges such as rapid regulatory changes, volatility in asset valuation, or the complexity of trading transactions. Provide insights into how you've navigated these challenges and what you've learned from them.

Detail the resources you follow to stay informed, such as industry news sources, regulatory publications, online courses, or professional associations. Highlight any proactive steps you take to ensure your knowledge remains up-to-date.

Share specifics about how you approach creating accounting policies tailored to cryptocurrency, including any frameworks or guidelines you've developed or contributed to. Discuss the importance of having clear policies in managing assets.

Talk about the accounting software or blockchain tools you’ve used, explaining the features that you find beneficial for managing crypto transactions. Discuss any experiences that influenced your preference for certain systems.

Provide a clear narrative of a specific instance where your financial analysis or insights influenced a significant decision regarding crypto trading strategies. Highlight the outcome and what you learned from the experience.

Discuss the critical importance of risk management in ensuring accurate financial performance and safeguarding against market volatility. Explain how you've worked with risk teams in previous roles to enhance overall financial governance.