MidChains is a virtual asset trading platform, aiming to democratize wealth exchange with transparency and regulation. Backed by world class investors, we serve as a key access point for crypto products, linking global institutions to the MENA region.
We are seeking a skilled Accountant with 3-5 years of experience to manage financial record-keeping, reporting, and compliance within our cryptocurrency organization. The ideal candidate will have a strong background in accounting principles, financial analysis, and tax regulations, along with proficiency in accounting software and a deep understanding of cryptocurrency accounting practices. Experience in financial auditing and budgeting is also essential for this role.
Responsibilities
- Manage book-keeping and maintain appropriate chart of accounts.
- Perform daily bank account reconciliations (house and client money accounts) and maintain reconciled bank books in ERP.
- Assist and manage tax registrations, computing quarterly VAT returns and reporting for corporate taxation to FTA.
- Assist in managing and establishing existing and new global banking relationships including payment service providers.
- Liaise with banking partners to ensure compliances in relations to bank account openings, timely vendor payments and inter-company transfers, audit confirmations and general banking requirements.
- Produce daily cash and cash equivalent reports and ensure adequate liquidity levels with banking partners to support effective business operation remittances.
- Assist in preparing regulatory and financial reporting such as Capital Adequacy reports, Safe Custody of Client Assets and Client Money, Trading and Treasury revenue reporting, etc.
- Monitor and negotiate for bank service fees, commissions, and proactively resolve for any outstanding issues with the bank.
- Cross-functionally liaise with other departments in particular Custody and Trade Operations to resolve for any reporting, reconciliations matter and improve business processes.
- Part takes in maintaining relevant functional policies, procedures and internal controls that are compliant.
- Assist in Internal and External Audit engagements.
- Contribute to preparing the budgeting and free cashflow projections of the Group.
Qualifications
- Bachelor’s degree in finance & accounting. Professional qualification is preferred (CPA or ACCA).
- 3-5 years of relevant general accounting experience preferably in an exchange, brokerage or bank.
- Must have advance knowledge in MS Excel, PowerPoint and have good experience with accounting software’s/ ERP.
- Ability to work under pressure, often in a deadline-driven environment, and ability to perform several tasks concurrently.
- Critical thinking, problem-solving skills and superior attention to detail.
- Strong written and verbal communicator with a desire and ability to build relationships.
- Experience in a high-growth start-up or large multi-national preferred.
