Chief Accounting Officer

Position Overview
The Chief Accounting Officer (CAO) will have overall responsibility for the company's accounting functions, financial reporting systems, accounting policies, internal controls, and audit activities. The CAO ensures that financial information is accurate, timely, and complete, while complying with applicable accounting standards, regulatory requirements, and internal company policies.
This role involves close collaboration with the CFO, CEO, and teams across Legal, Compliance, Risk Management, and external audit firms to establish accounting and financial management systems that support the company's business growth and long-term development.
Key Responsibilities
1. Accounting Management
Oversee the company's overall accounting functions and day-to-day accounting operations.
Establish and refine accounting processes, including General Ledger, Accounts Payable, and Accounts Receivable.
Supervise monthly, quarterly, and annual financial closing processes.
Ensure accounting records are accurate, complete, and timely.
2. Financial Reporting
Oversee internal and external financial reporting.
Ensure financial statements comply with U.S. GAAP and applicable regulatory requirements.
Establish financial reporting processes and reporting calendars.
Provide accurate financial data and analytical support to the CEO, CFO, and Board of Directors.
3. Accounting Policies
Develop, implement, and maintain corporate accounting policies and procedures.
Provide guidance on accounting treatments for complex transactions.
Exercise accounting judgment regarding derivatives, financial instruments, revenue recognition, valuation, and other matters.
Monitor changes in accounting standards and assess their impact on the company.
4. Internal Controls
Establish and refine internal controls over financial reporting.
Identify potential risks within accounting and financial processes.
Implement appropriate mechanisms for approval, authorization, reconciliation, and oversight.
Collaborate with Risk, Compliance, and Legal teams to enhance the company's control framework.
5. Audit
Manage communication and coordination with external audit firms.
Oversee annual financial audits and related audit activities.
Manage audit requests, supporting documentation, and audit findings.
Drive the remediation of audit issues and the optimization of internal processes.
6. Regulation and Compliance
Ensure accounting and financial reporting comply with applicable laws, regulations, and industry standards.
Collaborate with Legal, Compliance, and regulatory teams.
Provide accounting support for regulatory inspections and financial reviews.
7. Derivatives and Financial Operations Accounting
If the company engages in derivatives trading, the role also requires:
Overseeing the accounting treatment of derivatives and financial instruments.
Coordinating with trading, risk, and finance teams to perform daily/periodic reconciliations. Oversee the accuracy and completeness of data reconciliation between trading systems and the general ledger.
Participate in accounting and reporting processes related to fair value, mark-to-market valuations, etc.
Establish financial control systems capable of scaling with the growth of trading operations.
8. Team Building
Recruit, train, and manage the accounting team.
Define clear roles and responsibilities, performance objectives, and workflows.
Develop a professional accounting team capable of supporting the company's rapid expansion.
Drive the implementation of financial systems and automated processes.
Requirements
Bachelor's degree in Accounting, Finance, or a related field.
CPA qualification preferred.
Typically requires 20+ years of experience in accounting or finance.
Experience in senior accounting management or corporate accounting leadership.
Familiarity with U.S. GAAP.
Experience in financial reporting, auditing, and internal controls.
Experience managing senior-level accounting teams.
Ability to communicate effectively with the CEO, CFO, Board of Directors, and external auditors.
Experience in financial services, securities, derivatives, trading, or other regulated industries is preferred.
Experience with the accounting of complex financial instruments and derivatives is preferred.

Work arrangement
Yes