Ripple Senior Accountant at Ripple in New York, NY, manages broker-dealer accounting, regulatory reporting, and digital asset finance. The role supports financial reporting, controls, and audit processes.
Responsibilities
Broker-Dealer Accounting and Regulatory Reporting:
Prepare and maintain the firm’s FOCUS Report filings, including net capital computations and customer reserve calculations.
Maintain the general ledger for the broker-dealer entity, running month-end close, account reconciliations, and journal entries.
Compute and monitor aggregate indebtedness ratios and net capital, flagging early warning thresholds to the CFO.
Support financial reporting for Stock Loan and Stock Borrow activity, including matched-book profit and loss and liquidity treatment.
Digital Asset Finance and Accounting:
Handle month-end accounting for digital asset positions, incorporating mark-to-market valuations and custody reconciliations.
Apply and document accounting policies for digital assets consistent with evolving U.S. GAAP mentorship.
Reconcile on-chain and off-chain positions against custodian statements and internal trading system data.
Provide support for accounting related to digital asset lending, repo, and collateral arrangements.
Financial Reporting and Controls:
Assist in preparation of monthly and quarterly financial statements for broker-dealer and holding company entities.
Qualification
3–6 years of accounting experienceExposure to broker-dealer accountingProficiency in UStrong Excel skillsTechnical ExpertiseRegulatory AcumenAnalytical Rigor
Required
Bachelor’s degree or equivalent experience in Accounting, Finance, or a related field
CPA license or active candidacy strongly preferred
3–6 years of accounting experience
Exposure to broker-dealer accounting, financial services, or public accounting
Working knowledge of SEC Rules 15c3-1 and 15c3-3
Knowledge of FINRA financial reporting requirements
Experience with FOCUS Report preparation
Proficiency in U.S. GAAP financial reporting
Strong Excel skills
Preferred
Background in handling digital asset accounting.
Experience supporting FINRA or SEC regulatory examinations.
Familiarity with prime brokerage or cleared derivatives accounting.
Exposure to Stock Loan/Stock Borrow accounting.
Experience with intercompany accounting across multi-entity structures.
Technical Expertise: Strong knowledge of broker-dealer accounting standards and a keen interest in achieving comparable proficiency in digital asset accounting frameworks.
Regulatory Acumen: Ability to interpret and apply financial requirements and translate them into accurate financial records.
Analytical Rigor: Comfortable working with large datasets and building reconciliation frameworks.
