Accounting Analyst – Digital Assets Accounting

Job Description

Crypto Accounting Analyst | SoFi

The Tone:
This is a full-time Accounting Analyst role at SoFi. The specific location for this position is not provided, though SoFi operates as a national bank with mobile-first technology. SoFi is a next-generation financial services company and national bank using innovative technology to help millions of members achieve their financial goals. This role is crucial for supporting the complete accounting lifecycle for crypto-related activities within the growing SoFi Bank accounting team, contributing directly to the organization’s financial accuracy and development. It offers a chance to develop accounting and operational skills within a forward-thinking technology company that is shaping the financial world.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Not specified

• Team: Part of the growing SoFi Bank accounting team, collaborating with Crypto Operations and other cross-functional teams.
• Mission: To ensure the completeness, accuracy, and appropriate accounting treatment for all crypto-related activities.
• Tech Stack: Excel, Word, general ledger systems.

What You’ll Actually Do
• Document: Prepare complete and easy-to-follow workpapers explaining accounting issues, procedures, and conclusions.
• Review: Examine crypto subledger activity and supporting transaction-level detail to ensure completeness, accuracy, and appropriate accounting treatment.
• Reconcile: Investigate reconciliation differences, escalate issues timely, and partner with Crypto Operations and other cross-functional teams to resolve variances.
• Support: Assist in the monthly and year-end close processes, contribute to annual audits, and perform analytical reviews of the Balance Sheet and Income Statement.
• Optimize: Support the enhancement and documentation of crypto accounting processes, controls, reconciliations, and policies.
• Report: Prepare supporting schedules and financial statement tie-outs for SEC disclosures on a quarterly and annual basis under public company accounting standards.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, or Business, coupled with applied working knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and accounting procedures.
• Experience: Early career professional seeking to develop accounting and operational skills within a financial services environment.
• Skills: Strong organizational, analytical, mathematical, and project management abilities; proficiency in Excel, Word, and general ledger systems; knowledge of accounting theory and practice, including balance sheets, income statements, and mathematical concepts such as fractions, percentages, and ratios.
• Bonus: Experience with Workday Financials, CPA certification, audit experience, or prior accounting experience in digital assets, brokerage, payments, banking, or fintech.