Jobs · Accounting · Illinois

Financial Controller

Ripple · Chicago, IL · 1 wk ago
HybridAccounting$132k/yrFull-time

About the role

The Financial Controller at Ripple is responsible for financial reporting, general ledger accuracy, and control measures across Hidden Road's OTC operating entity and its BVI offshore entities. This role focuses on sub-consolidated and entity-level financial statements, intercompany accounting, management reporting, and governance frameworks.

Responsibilities

  • 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.
  • Manage all intercompany transactions (service fees, funding flows, cost allocations, loans); design elimination policies; prepare sub-consolidation workpapers; support transfer pricing documentation with Tax.
  • Maintain books for BVI holding/operating entities; coordinate with offshore counsel and registered agents; manage equity accounting, cash/funding positions, and intercompany support arrangements.
  • 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.
  • Produce monthly management accounts, variance analysis, and board/investor packages; support budgeting, forecasting, and CFO ad hoc analysis.
  • Maintain a strong control environment; serve as primary external audit contact; develop and document accounting policies; identify and remediate control gaps.
  • 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.

Requirements

  • 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.
  • Pay

    IL Annual Base Salary Range: $132,000 USD - $165,000 USD

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