Financial Controller

Ripple

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: The Financial Controller acts as the senior accounting officer in charge of financial reporting, general ledger accuracy, and control measures across Ripple Treasury's OTC operating entity and its BVI offshore entities. This position is not responsible for FCM or broker-dealer regulatory capital reporting. Instead, it concentrates on sub-consolidated and entity-level financial statements, intercompany accounting, management reporting, and governance frameworks to support a complex multi-jurisdictional corporate structure. The Controller will work closely with the CFO, Legal, and Tax teams to ensure the group's offshore entities are accurately accounted for. They will also ensure intercompany transactions are recorded correctly and eliminated. Additionally, they will help the firm's financial reporting systems grow with the business. This role demands a skilled accountant experienced in financial services, knowledgeable about offshore holding structures, and able to handle accounting challenges in a fast-growing digital asset company. WHAT YOU’LL DO: - Financial Reporting & General Ledger — Own the monthly/quarterly/annual close for all in-scope entities; prepare US GAAP financial statements including intercompany balances and sub-consolidations; manage revenue recognition, accruals, fixed assets, and balance sheet substantiation. - Intercompany & Consolidation — Manage all intercompany transactions (service fees, funding flows, cost allocations, loans); design elimination policies; prepare sub- consolidation workpapers; support transfer pricing documentation with Tax. - BVI Entity Governance — Maintain books for BVI holding/operating entities; coordinate with offshore counsel and registered agents; manage equity accounting, cash/funding positions, and intercompany support arrangements. - Digital Asset Accounting — Apply ASC 820 and ASU 2023-08 for crypto asset fair value measurement; reconcile on-chain/off-chain positions with Custody and Operations; monitor evolving SEC/FASB/IASB guidance. - Management Reporting — Produce monthly management accounts, variance analysis,and board/investor packages; support budgeting, forecasting, and CFO ad hoc analysis. - Internal Controls & Audit — Maintain a strong control environment; serve as primary external audit contact; develop and document accounting policies; identify and remediate control gaps. - Team & Systems — Build and lead a small accounting team; leverage Python or data tools to automate reconciliations and reporting; partner with Technology on ERP and system enhancements. WHAT YOU'LL BRING: - Core Competencies: US GAAP technical depth · Multi-entity governance · Sound professional judgment · Cross-functional collaboration · Scalable systems thinking - Required: Active CPA; 10+ years of progressive accounting experience in financial services or trading; strong US GAAP technical skills (consolidation, intercompany, equity method, revenue recognition); experience managing multi-entity close processes including offshore structures. - Preferred: BVI/Cayman entity experience; digital asset accounting knowledge (ASU 2023-08); Python or data analysis proficiency; background in prime brokerage, OTC derivatives, or structured finance; Big 4 or national firm experience in financial services; ERP implementation experience. For positions that will be based in IL, the annual salary range for this position is below. Actual salaries may vary based on numerous factors including, among other things, an individual applicant’s experience and qualifications for the position. This range does not include equity or additional compensation, such as bonuses or commissions. IL Annual Base Salary Range $132,000 - $165,000 USD WHO WE ARE: Do Your Best Work - The opportunity to build in a fast-paced start-up environment with experienced industry leaders - A learning environment where you can dive deep into the latest technologies and make an impact. A professional development budget to support other modes of learning. - Thrive in an environment where no matter what race, ethnicity, gender, origin, or culture they identify with, every employee is a respected, valued, and empowered part of the team. - In-office collaboration for moments that matter is important to our culture, and we give managers and teams the flexibility to decide which 10+ days a month they come in. - Bi-weekly all-company meeting - business updates and ask me anything style discussion with our Leadership Team - We come together for moments that matter which include team offsites, team bonding activities, happy hours and more! Take Control of Your Finances - 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 Take Care of Yourself - 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. Ripple is an Equal Opportunity Employer. We’re committed to building a diverse and inclusive team. We do not discriminate against qualified employees or applicants because of race, color, religion, gender identity, sex, sexual identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, military status, or any other characteristic protected by local law or ordinance. Please find our UK/EU Applicant Privacy Notice and our California Applicant Privacy Notice for reference.