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 strong US GAAP technical skills, experience in financial services, and knowledge of offshore holding structures. The role involves managing intercompany transactions, digital asset accounting, management reporting, internal controls, and potentially building a small accounting team with automation tools.

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