Accounting Manager, OpenSea
$100-160k
+ Equity
Decentralised NFT marketplace
Job no longer available
Decentralised NFT marketplace
501-1000 employees
Job no longer available
$100-160k
+ Equity
501-1000 employees
Company mission
To shape an accessible and open digital economy for everyone.
Role
Who you are
- 5-7 years of experience in accounting or related fields, with a strong preference for experience in the Web3 industry or other start-up companies
- Proficiency in NetSuite and other financial software, with the ability to adapt to new technological integrations
- Exceptional analytical skills and experience with large datasets in the crypto market
- Outstanding interpersonal and communication skills, with the ability to manage cross-functional relationships effectively in a tech-driven environment
- Demonstrated ability to manage multiple projects, maintaining high standards of compliance and accuracy
- CPA certification or equivalent preferred, with additional certification in blockchain or cryptocurrency management seen as a plus
What the job involves
- As an Accounting Manager at OpenSea, you will be vital in managing our accounting operations and enhancing our financial strategies, particularly within the evolving Web3 landscape.
- This position demands a thorough understanding of both traditional accounting practices and the dynamics of the crypto markets.
- Utilizing your proficiency in accounting software such as NetSuite, you will oversee complex financial datasets, manage accounting cycles, and drive strategic growth initiatives, significantly contributing to our financial accuracy and processes
- Oversee daily transactions, including accounts payable/receivable, general ledger, bank reconciliations, and crypto asset transactions
- Lead month-end and year-end closing processes, ensuring compliance and accuracy in a fast-paced, start-up environment
- Develop and maintain internal controls and procedures to adapt to evolving accounting regulations
- Collaborate with cross-functional teams to optimize financial practices and support business scaling within a hyper-growth industry
- Analyze financial data, prepare comprehensive reports, and provide insights and forecasts on company expenses
- Act as the principal financial contact for auditors, addressing inquiries and managing document requests
Our take
OpenSea is a peer-to-peer digital marketplace for NFTs or uniquely identifiable digital items. These items are authenticated with blockchain and are part of a new internet economy that consists of digital products representing art, game characters, domain names, and event tickets.
The OpenSea platform allows users to both purchase NFTs or list digital items for sale. The platform initially encountered speed issues when NFT trading boomed due to the limitations of the Ethereum blockchain technology it was using. However, the company has transitioned to a new blockchain system, Polygon, which has mitigated the problem.
In the wake of the FTX collapse the NFT world has been shaken up, and new competitors have arisen to take advantage of the disruption. One such rival, Blur, has recently overtaken OpenSea's market lead. This has led to OpenSea changing its policies and fee structures to be more favourable to creators in a bid to retake its crown. It remains to be seen whether Blur and other rivals will be able to keep up the pressure, but it's clear that OpenSea will need to innovate if it wants to remain at the head of the market.
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
5% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2022
$300m
SERIES C
Jul 2021
$100m
SERIES B
Total funding: $427.3m
Company benefits
- Paid family leave
- Health insurance
- Flexible vacation policy
- Flexible hours
- Workshops & conferences
- Travel & company retreats
Company values
- Trust comes first
- Dive deep
- Build an ocean, not an aquarium
- Take the helm
- Iron sharpens iron
- High quality, high velocity
Company HQ
Tribeca, New York, NY
Articles
Founders
Devin Finzer
(CEO)Started their career as a Pinterest Software Engineer, before leaving after almost 2 years to co-found Iris Labs and Claimdog. They left their Engineering Manager role at Credit Karma in December 2017 to co-found OpenSea.
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