Financial Controller at Ripple Labs

Company: Ripple Labs

Location: Chicago, Illinois, United States

Type: FULL_TIME

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Job Description

<div class="content-intro"><p><span style="font-weight: 400;">At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments and developers, we are improving the global financial system and creating greater economic fairness and opportunity for more people, in more places around the world. And we get to do the best work of our career and grow our skills surrounded by colleagues who have our backs. </span></p> <p><span style="font-weight: 400;">If you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value.</span></p></div><div> <p><strong>THE WORK:</strong></p> <p>The Financial Controller acts as the senior accounting officer in charge of financial reporting, general ledger accuracy, and control measures across Ripple Treasury's OTC operating entity and its BVI offshore entities. This position is not responsible for FCM or broker-dealer regulatory capital reporting. Instead, it concentrates on sub-consolidated and entity-level financial statements, intercompany accounting, management reporting, and governance frameworks to support a complex multi-jurisdictional corporate structure. </p> <p>The Controller will work closely with the CFO, Legal, and Tax teams to ensure the group's offshore entities are accurately accounted for. They will also ensure intercompany transactions are recorded correctly and eliminated. Additionally, they will help the firm's financial reporting systems grow with the business. This role demands a skilled accountant experienced in financial services, knowledgeable about offshore holding structures, and able to handle accounting challenges in a fast-growing digital asset company. </p> <p><strong>WHAT YOU’LL DO:</strong></p> <ul> <li>Financial Reporting & General Ledger — 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.</li> <li>Intercompany & Consolidation — Manage all intercompany transactions (service fees, funding flows, cost allocations, loans); design elimination policies; prepare sub- consolidation workpapers; support transfer pricing documentation with Tax.</li> <li>BVI Entity Governance — Maintain books for BVI holding/operating entities; coordinate with offshore counsel and registered agents; manage equity accounting, cash/funding positions, and intercompany support arrangements.</li> <li>Digital Asset Accounting — Apply ASC 820

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