Cryptocurrency Accountant Job at W3Global Inc., Skokie, IL

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  • W3Global Inc.
  • Skokie, IL

Job Description

Job Description

Job Description

About the Role:

We are seeking a Cryptocurrency Accountant to join our team and help our clients review their cryptocurrency transactions, prepare cryptocurrency gains & losses reports and make sure they stay compliant with the IRS. The ideal candidate will have an understanding of the crypto industry, accounting principles, and related tax regulations.

Responsibilities:

• Reconcile cryptocurrency records to create financial and tax reporting.

• Trace transactions through public ledgers/blockchain.

• Work directly with clients to obtain information needed to classify complex cryptocurrency transactions.

• Ensure accurate and timely recording of transactions, reconciliations, and reporting of cryptocurrency activity.

• Coordinate with internal tax advisors to ensure timely and accurate preparation of tax filings related to cryptocurrencies.

• Help develop accounting processes for novel cryptocurrency transactions.

• Provide guidance and support to other departments regarding accounting and tax implications of cryptocurrency transactions.

Qualifications:

• Understanding of and ability to adhere to generally accepted accounting principles.

• General understanding of cryptocurrency and blockchain technology

• General understanding of cryptocurrency accounting principles, including FIFO, LIFO, and specific identification.

• Knowledge of tax regulations related to cryptocurrencies, including cost basis and capital gains tax.

• Attention to detail and the ability to work with large amounts of data.

• Excellent communication and interpersonal skills, with the ability to work collaboratively with clients and with other departments.

• Highly organized, detail-oriented, and able to work under pressure.

Benefits:

• Retirement plan options

• Health insurance

• Life & LTD insurance

• Paid time off

• Hybrid work environment

• Collaborative team environment

• Opportunity to work on advanced financial transactions with tech-savvy clients such as those in cryptocurrency - no day is the same!

• A culture that emphasizes teamwork but rewards individual performance. We want to help you accomplish your personal goals.

• Be a part of a growing company with opportunities for individual career advancement

Other details (for reference, not included in JD):

• FLSA status: Exempt

• Typical salary:

• Schedule: Full-time

Job Tags

Full time,

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