Financial Controller

Ripple Ripple · Fintech · Chicago, IL +1 · Finance

Financial Controller role at Ripple, a fintech company, responsible for financial reporting, general ledger accuracy, and control measures for offshore entities. Requires expertise in US GAAP, multi-entity governance, and digital asset accounting, with a focus on building and leading an accounting team and enhancing financial systems. Experience with Python for automation is preferred.

What you'd actually do

  1. Own the monthly/quarterly/annual close for all in-scope entities; prepare US GAAP financial statements including intercompany balances and sub-consolidations; manage revenue recognition, accruals, fixed assets, and balance sheet substantiation.
  2. Manage all intercompany transactions (service fees, funding flows, cost allocations, loans); design elimination policies; prepare sub- consolidation workpapers; support transfer pricing documentation with Tax.
  3. Maintain books for BVI holding/operating entities; coordinate with offshore counsel and registered agents; manage equity accounting, cash/funding positions, and intercompany support arrangements.
  4. Apply ASC 820 and ASU 2023-08 for crypto asset fair value measurement; reconcile on-chain/off-chain positions with Custody and Operations; monitor evolving SEC/FASB/IASB guidance.
  5. Produce monthly management accounts, variance analysis,and board/investor packages; support budgeting, forecasting, and CFO ad hoc analysis.
  6. Maintain a strong control environment; serve as primary external audit contact; develop and document accounting policies; identify and remediate control gaps.
  7. Build and lead a small accounting team; leverage Python or data tools to automate reconciliations and reporting; partner with Technology on ERP and system enhancements.

Skills

Required

  • US GAAP technical depth
  • Multi-entity governance
  • Sound professional judgment
  • Cross-functional collaboration
  • Scalable systems thinking
  • Active CPA
  • 10+ years of progressive accounting experience in financial services or trading
  • strong US GAAP technical skills (consolidation, intercompany, equity method, revenue recognition)
  • experience managing multi-entity close processes including offshore structures.

Nice to have

  • BVI/Cayman entity experience
  • digital asset accounting knowledge (ASU 2023-08)
  • Python or data analysis proficiency
  • background in prime brokerage, OTC derivatives, or structured finance
  • Big 4 or national firm experience in financial services
  • ERP implementation experience

What the JD emphasized

  • Active CPA
  • 10+ years of progressive accounting experience in financial services or trading
  • strong US GAAP technical skills (consolidation, intercompany, equity method, revenue recognition)
  • experience managing multi-entity close processes including offshore structures.