Head of Finance, Reservoir

Salary not provided

+ Equity

Expert level
Remote in US
Reservoir

API for NFT applications

Open for applications

Reservoir

API for NFT applications

1-20 employees

B2BCryptocurrencyTradingBlockchain

Open for applications

Salary not provided

+ Equity

Expert level
Remote in US

1-20 employees

B2BCryptocurrencyTradingBlockchain

Company mission

To empower developers to build the next wave of NFT applications with open and decentralized tooling.

Role

Who you are

  • Proven experience in a senior finance role, preferably within the tech or blockchain industry
  • Strong understanding of financial management of decentralized or blockchain-based companies
  • Excellent analytical, problem-solving, and strategic planning skills
  • Strong knowledge of accounting principles, tax regulations, and financial reporting standards
  • Demonstrated experience in managing vendor relationships and contracts
  • Exceptional organizational skills and attention to detail
  • Strong communication and interpersonal skills, with the ability to collaborate effectively across departments
  • Experience with equity management and payroll systems
  • A proactive and self-motivated approach, capable of working in a fast-paced and evolving environment

Desirable

  • CPA or CFA certification
  • Experience working in the Web3, blockchain, or NFT space
  • Familiarity with financial software and tools used in decentralized platforms

What the job involves

  • As the Head of Finance, you will lead all financial activities within the organization
  • This includes overseeing financial planning and analysis, accounting, and financial reporting
  • You will play a crucial role in shaping the company's financial strategy and ensuring compliance with regulatory requirements
  • Strategic Financial Planning:
  • Develop and implement the company’s financial strategy to align with its long-term goals
  • Conduct financial forecasting, budgeting, and variance analysis to support decision-making processes
  • Accounting and Financial Reporting:
  • Oversee daily accounting operations, including general ledger, accounts payable/receivable, and payroll
  • Ensure the accurate and timely preparation of financial statements in compliance with relevant accounting standards and regulations
  • Supervise month-end and year-end close processes
  • Financial Compliance and Risk Management:
  • Ensure compliance with all regulatory requirements relevant to the cryptocurrency industry
  • Implement and monitor financial controls to mitigate risk and protect company assets
  • Stay updated with changes in regulations, accounting standards, and industry trends to ensure continuous compliance
  • Treasury and Cash Management:
  • Manage the company’s liquidity, ensuring sufficient cash flow for operations and strategic initiatives
  • Oversee the management of cryptocurrency holdings, including safeguarding assets and optimizing returns
  • Investor Relations and Fundraising:
  • Serve as the primary point of contact for investors, ensuring clear and consistent communication regarding financial performance and growth plans
  • Prepare and present financial reports, quarterly updates, and projections to existing and potential investors
  • Support fundraising efforts by developing financial models, participating in investor meetings, and managing due diligence processes

Our take

The NFT market went through an astonishing boom in 2021, but the market infrastructure was still in its infancy. NFTs could be minted and sold easily but low-cost, off-chain order books made secondary trades slow and difficult. Reservoir was founded to change this, providing an open order book infrastructure that doesn't introduce significant operating costs for market participants.

NFT trading has been buffeted by significant headwinds since the 2021 boom, yet are still a disruptive force with significant applications in business, gaming and the creative arts. All of these sectors benefit from improved market infrastructure. Reservoir's API has accordingly seen use in a large number of new market applications, most notably powering MetaStreet's NFT trading platform.

Reservoir recently raised pre-seed funding from Upside. It is continuing to improve its product and support in its implementation in NFT marketplaces. They are also investing heavily in talent, particularly in software engineering and research.

Steph headshot

Steph

Company Specialist

Insights

Company

Company benefits

  • Flexible medical, dental, and vision benefits for you and your family.
  • Fully remote - Work from anywhere.

Leadership

Before founding Reservoir was the CTO of Props, Platform Lead at YouNow and the Founder of swarm.fm.

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