Finance Associate - Opex Accounting Job in Falconx

About FalconX

At FalconX, we re not just a team; we are a pioneering group of operators, investors, and builders on a mission to transform institutional access to the world of crypto markets. Bridging the gap between traditional finance and cutting-edge technology, we address the most pressing challenges of the digital asset space. The crypto market is complex and fragmented, lacking products and services that mirror the trading strategies, structures, and liquidity of conventional financial markets. FalconX is here to simplify this offering a comprehensive solution that caters to all digital asset strategies, enabling seamless navigation in the fast-evolving crypto landscape.

Job Title: Accounts Payable (P2P) Specialist

What You ll Do:

As an Accounts Payable (P2P) Specialist at FalconX, you ll play a critical role in managing the financial and operational processes that fuel our growth. You ll be responsible for overseeing various elements of the Procure-to-Pay (P2P) cycle, ensuring smooth invoice processing, vendor management, and reporting. In this role, you ll collaborate with teams across the company, contributing to the accuracy and efficiency of our financial systems.

Key Responsibilities:

Manage Procure-to-Pay (P2P) Cycle

• Handle invoice processing, purchase orders, contract management, and employee reimbursements.
• Ensure timely and accurate processing of all vendor invoices and payments.

Account for Prepaid Expenses

• Oversee the amortization of prepaid items, provisions, and accruals, ensuring accurate financial reporting and smooth financial operations.

Reconcile Vendor/Payables Accounts

• Perform regular vendor reconciliations to ensure accounts are accurate and resolve discrepancies as needed.

Handle Inter-Company Transactions

• Monitor inter-company balances and manage invoicing, settlements, and tax transfer pricing arrangements.

Work with ERP Systems (NetSuite, Oracle)

• Utilize ERP systems to streamline and manage Accounts Payable functions, such as processing invoices, purchase orders, and accruals.

Collaborate with Stakeholders

• Work closely with controllers, suppliers, and internal teams to resolve issues and ensure smooth operations and financial compliance.

Support Audit Processes

• Assist with external audits and ensure compliance with audit requirements, providing necessary reports and documentation.

Oversee Legal Entity Reporting

• Ensure timely and accurate reporting for jurisdiction-specific filings, including quarterly and annual filings.

Required Qualifications:

• Educational Background: Bachelor s degree in Accounting or a related field.
• Experience: 4-10 years of experience in Accounts Payable (P2P), with a focus on vendor management, invoice processing, and accruals.
• Professional Certifications: Semi-qualified Chartered Accountant is a plus.
• Industry Experience: Previous experience in a corporate setup or start-up environment.
• Tech Savvy: Proficient in ERP systems like NetSuite or Oracle, with hands-on experience in invoice processing and accounts payable tasks.
• Communication Skills: Strong verbal and written communication skills with a focus on compliance and vendor payment processes.
• Independence & Initiative: Self-motivated with a high degree of independence and initiative in driving tasks and resolving issues.
• Consolidation Expertise: Experience in consolidating expenses across various entities and delivering accurate Group expense reports monthly.

Why Join FalconX?

As part of the FalconX team, you ll have the opportunity to work in one of the most exciting sectors at the intersection of traditional finance and emerging technologies. You ll join a dynamic, fast-paced environment with an innovative, forward-thinking team that s at the forefront of revolutionizing how institutional clients access and engage with crypto markets. This role offers not only great professional growth but also the opportunity to make a real impact in an evolving space.