Accounting Lead

Summary:

• Backed by some of the best in the game – Forerunner Ventures, YC, Lux, Soma, Paul Graham, Joe Montana, Innospark, the founders of Instacart and Dropbox, and many other top angels and funds.
• Founders are recent Harvard grads with quant experience at Jane Street and BoA and years of experience as sharp sports bettors.
• $300B annually bet on sports in the US, and the size of the market is rapidly growing, particularly given the opportunity for operators to capitalize on the sweepstakes business model.
• Currently, the only way to bet is with retail sportsbooks, which have egregious margins, discriminatory and inefficient practices, and a stale betting experience.
• Novig is a sports prediction market that guarantees users the best lines by allowing them to play directly against friends or the market, rather than against the house, making the sports trading experience more 
  efficient
  , 
  fair
  , and, most importantly, 
  profitable.

What will you do?

• Oversee and execute day-to-day bookkeeping, financial reporting, and GAAP-compliant accounting, ensuring every transaction is captured, classified, and reconciled accurately across multiple business entities.
• Reconcile complex money flows involving user wallets, payment processors, trading accounts, and operating funds. You'll design and maintain reconciliation frameworks that give leadership real-time visibility into the movement of money.
• Design and implement automated systems for transaction tracking and reconciliation, integrating with our trading, payments, and backend infrastructure to improve transparency and scalability.
• Lead the monthly, quarterly, and annual close process, preparing detailed internal and investor reports that inform decision-making and reflect our financial health with precision and clarity.
• Develop, document, and enforce accounting policies, internal controls, and operational procedures to safeguard company assets and support regulatory readiness.
• Ensure compliance with financial regulations, tax obligations, and payment network standards, working closely with legal and finance teams to align financial practices with all applicable laws.
• Coordinate audits and external reviews, providing detailed documentation, reconciliations, and reports.
• Monitor cash flow, reserves, and liquidity to guide operational decisions and ensure the platform's financial stability as transaction volumes scale.
• Collaborate across marketing, engineering, finance, and operations to enhance systems, identify process gaps, and implement solutions that drive efficiency, accuracy, and scalability across financial operations.

What are we looking for?

You're a detail-obsessed, analytical CPA who thrives in dynamic, technology-driven environments. You understand the financial and regulatory nuances of trading, payments, and gaming systems and you're eager to bring rigor, automation, and insight to every part of the accounting stack.

• Bachelor's or Master's degree in Accounting, Finance, or related field, and an active CPA license.
• 5-10+ years of accounting experience, ideally in financial technology, trading, gaming, or other high-transaction industries. Prior experience leading an accounting function or small team is strongly preferred.
• Deep proficiency in GAAP, tax compliance, and financial reporting, with the ability to translate technical accounting outcomes into business insights.
• Highly skilled in Excel, PowerPoint, and data visualization tools; ability to write SQL queries and build BI dashboards to analyze trends and reconcile transactional data is a strong plus.
• Proven experience using and integrating modern accounting and financial tools (QuickBooks, NetSuite, Ramp, Plaid, Carta, or similar systems).
• Exceptional attention to detail, communication, and organizational skills, with a proactive approach to problem solving and continuous improvement.
• A collaborative mindset and eagerness to work cross-functionally with engineering, product, and operations teams in a fast-paced, data-driven environment.

Who is Novig?

At Novig, we have reimagined the sports betting landscape by building a sweepstakes-based sports prediction market. Our innovative platform allows users to engage in sports predictions without traditional gambling constraints. By leveraging the sweepstakes model, we ensure compliance with regulatory requirements while providing a unique, engaging, and profitable experience for our users.

Our goal is to make sports prediction more accessible, fair, and enjoyable.

Novig's founders, Jacob and Kelechi were sophisticated sports bettors who grew increasingly frustrated by the latency, discriminatory practices, monotony, and non-profitability of the retail sports betting experience.

As the regulatory landscape evolves in the United States, Novig is positioned to become a leading innovator with our unique focus on research and technology.

How does Novig approach compensation?

We are big believers in providing excellent compensation to everyone on the team as we build.

• We offer salaries at the top of the benchmarks you'd find for senior roles at big-name companies.
• We provide equity to all employees regardless of role. We are looking for people who can grow with us as we scale our team and product, and we think it's important for all employees, especially our first few teammates, to have significant equity in the company so you have skin in the game and our incentives are aligned.

What benefits does Novig offer?

We are embarking on an ambitious journey and are committed to providing generous benefits, even at this early stage.

• Robust health, dental, and vision plans, covering 100% of health premiums and 90% of dental and vision premiums.
• Generous 401(k) plan, matching up to 4% of base salary.
• Health Savings Account (HSA) with $1,080 annual company contributions.
• $27/day food or commuter stipend when working in our NYC office.
• Salary: $110K - $130K
• Meaningful equity.