Internal Controls Manager

Job Summary:

We are seeking an Internal Controls Over Financial Reporting (ICFR) Manager who is responsible for the comprehensive design, effective implementation, and ongoing maintenance of a robust framework of internal controls over financial reporting (ICFR). This includes developing and refining policies, procedures, and documentation to ensure the accuracy, completeness, and reliability of the company's financial statements. Reporting to the Director of Risk Management, the ICFR Manager will collaborate closely with various departments across the organization, including Internal Audit, to identify and mitigate financial statement risks, ensure compliance with relevant regulatory requirements, and drive continuous improvement in the control environment. The ideal candidate will be a highly motivated and proactive self-starter with a proven track record of successfully executing deliverables within specified timelines.

Responsibilities:

Control Design and Documentation:

• Design and assist in implementing effective internal controls over all significant financial statement accounts and processes, specifically related to digital assets and blockchain technologies, considering unique risks and regulatory requirements in this evolving space
• Develop and assist in implementing internal controls 
• Develop and maintain detailed process flow charts, narratives, and other relevant documentation to clearly articulate the design and operation of key controls.
• Collaborate with process owners to understand business processes and identify key risks and corresponding controls.
• Ensure control documentation is comprehensive, up-to-date, and readily accessible.
• Maintain a strong understanding of the digital asset landscape and related control considerations.

Risk Assessment and Mitigation:

• Conduct ongoing risk assessments to identify potential financial statement misstatements due to error or fraud.
• Evaluate the design and operating effectiveness of existing controls in mitigating identified risks.
• Recommend and assist in implementing enhancements to the control environment to address emerging risks and strengthen overall financial governance.
• Identify and evaluate control deficiencies, and work with process owners to develop and implement remediation plans.
• Maintain a strong understanding of evolving financial statement risks and best practices in internal controls.

Regulatory Compliance:

• Stay abreast of relevant regulatory requirements, accounting standards (e.g., GAAP, IFRS), and pronouncements related to internal controls over financial reporting.
• Ensure the organization's ICFR framework is aligned with applicable regulations and industry best practices.
• Assist in the development and implementation of policies and procedures to ensure compliance.

Audit Coordination and Liaison:

• Serve as a key point of contact for internal and external auditors regarding ICFR matters.
• Coordinate audit requests and provide necessary documentation and support.
• Assist in the resolution of audit findings and recommendations related to internal controls.
• Document testing procedures, results, and conclusions in a clear and organized manner.
• Identify and evaluate control deficiencies, and work with process owners to develop and implement remediation plans.

Continuous Improvement:

• Proactively identify opportunities to streamline processes, enhance control efficiency, and improve the overall control environment.
• Collaborate with process owners to implement agreed-upon improvements.
• Stay informed about advancements in internal control methodologies and technology.               

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field is required.
• 7+ years of progressive and relevant experience in internal controls, financial reporting, and audit (internal or external).
• Extensive and demonstrable experience in designing financial statement internal controls across various business cycles and processes.
• Strong and thorough understanding of financial statement risks, including inherent and control risks.
• Comprehensive knowledge of regulatory expectations and frameworks related to internal controls (e.g., SOX, COSO).
• Proven ability to independently create clear and effective process flow charts, risk and control matrices, and other control documentation.
• Excellent analytical, problem-solving, and critical thinking skills with a strong attention to detail.
• Strong organizational and time-management skills, with the ability to prioritize tasks and manage multiple projects simultaneously.
• Demonstrated ability to execute deliverables within specified and often tight timelines.
• Must be a highly motivated self-starter with a proactive and results-oriented approach.
• Excellent communication (written and verbal) and interpersonal skills, with the ability to effectively interact with individuals at all levels of the organization.

Preferred Qualifications

• Master’s degree in Accounting, Finance, Business Administration, or a related field, including relevant designations such as CPA
• Direct experience with digital assets, with an understanding of related risks and controls.
• Experience with data analytics tools and techniques for control monitoring.
• Experience with automated control implementation and governance, risk, and compliance (GRC) systems.          

If you are interested in this opportunity, please apply with your resume and cover letter. We are an equal opportunity employer and welcome all qualified candidates to apply.

Why Join BitGo?

Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world’s financial markets.

Here are some of the benefits* of working at BitGo:

• Competitive base salary, bonus and stock options
• 100% company paid health insurance for employee, partner and dependents
• Up to 4% 401k company match
• Paid parental leave, Paid vacation
• Free commuter/parking pass
• Free custom lunches, dinners and snacks 
• Computer equipment and workplace furniture to suit your needs
• Great colleagues and inspiring startup environment
• *Benefits may vary based on location 

Cryptocurrencies are the most disruptive change the financial services industry has seen in years. Join us and you’ll be able to look back and say you were part of the team that transformed investing.

Pay Transparency Notice: Depending upon your leveling and location, the compensation for this role averages between $100,000 - $130,000 USD base salary. Equity, an annual performance bonus and the benefits outlined below are also a part of this role's package.