Treasury Analyst
4 weeks ago
CoinFlip is a global digital currency platform company, focused on providing consumers simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume with more than 5,000 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, and Brazil. CoinFlip's digital currency kiosks make buying and selling major cryptocurrencies accessible and safe for consumers who wish to purchase their digital currency using cash. CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects.
CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune's Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie ® Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech.
Reporting to the Treasury Manager, the Treasury Analyst will support CoinFlip in managing global banking relationships and treasury administration, including liquidity management, risk assessment and timely accounting and reconciliation of all transactions.
Responsibilities:
- Prepare daily cash positioning within the Treasury Management System to assist with global liquidity management.
- Reconcile cash-related accounts including bank accounts, cash in kiosks, cash in transit and perform analysis for KPI reporting.
- Provide reconciliation reports to the Accounting team to assist with the month close process.
- Oversee the administration of bank relationships and bank accounts for domestic and international operations.
- Ensure that accurate financial and relevant records are kept for all treasury transactions.
- Prepare ad-hoc management reports on budget utilization and variances, reasons for deviations and propose preliminary recommendations for management review
- Support management in the financial decision-making process
- Coordinate and maintain a daily, 13-week, and 26-week cash forecasting system to ensure that adequate funds are available to meet the working requirements of the programs.
- Other duties as assigned.
- BSc. In Accounting, Finance, or in any relevant field
- 1-3 years of experience in a physical cash environment, either through the banking system, high cash volume retail or similar
- Certified Public Accountant Certificate is preferred
- Experience of developing financial modeling
- Familiar with access or other database software application
- Technical awareness and familiarity with Accounting and Treasury Management Systems
- Self-motivated individual with effective organizational skills
- Ability to undertake multiple tasks at the same time without losing focus
- Must be proactive, with the ability to meet and surpass project deadlines
- Excellent Excel Skills
- Basic knowledge of Cryptocurrency and blockchains
- General passion and knowledge of fintech and crypto
Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical "startup" - we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.
CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted.
By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying "STOP" to the text message you received. If at any time you forget what keywords are supported, just reply "HELP." Message and data rates apply. If you require a special accommodation, please let us know and we'll work with you to meet your needs.
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