Accounts Payable Specialist

Who are we?

FalconX is a pioneering team of operators, investors, builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.

The Impact

The Accounts Payable Specialist will hold a high-profile role within our FalconX Accounting function, focusing on meeting the demands of both a complex and evolving digital asset landscape and those of a fast-paced, growing company. You will provide critical cross-functional financial operations partnership and play a key role in supporting the overall financial objectives of the organization. As a member of the broader FalconX finance team, you will join a group that is passionate about teamwork, finance, and crypto. We are looking for an Accounts Payable Specialist who shares that same passion and level of excitement to join our team!

Core Responsibilities

• Lead AP Processes: Actively manage the global Accounts Payable, Corporate and employee Card, and Expense Reimbursement activities, including invoice processing, vendor management, purchasing cards, employee expense reimbursement, and AP metrics and reporting.
• Performance Insights: Define and monitor key operating metrics for the AP functions.
• Month-End Close: Prepare and review financial reconciliation schedules, maintain the allowance for aged balance, and manage expense accruals.
• General Ledger & Reconciliations: Perform daily balance sheet and bank reconciliations to ensure data integrity, audit-readiness, and accurate financial reporting.
• Audit & Compliance: Act as the primary point of contact for external auditors and assist in preparing materials for regulatory examinations.
• Local Compliance: Ensure compliance with local jurisdiction-specific reporting and regulations.
• Process, Technology & Control Optimization: Continuously focus on enhancing the accuracy and timeliness of AP processes, as well as increasing efficiency and decreasing time to close through process automation. Assess, implement, and maintain operational controls and industry best practices.
• Business Partnership: Reinforce a customer-centric culture in our organization that builds highly collaborative, cross-functional relationships within Finance and with other departments and senior leadership.
• Process Architecture: Identify opportunities to enhance internal controls and shorten the close process; build robust in-house capabilities for a scaling regulated entity.

Required Qualifications

• 5+ years of experience in the Accounts Payable
• 3+ years of experience in Accounting/Finance experience.
• Bachelor's degree in Accounting, Finance, or Business.
• Proficiency in Excel/Google Sheets. Familiarity with NetSuite is a plus.
• Self-motivated and "scrappy." You must be comfortable working independently in a fast-paced environment where you are expected to build structure rather than just follow it.
• Strong attention to detail with the demonstrated ability to oversee processes that require high levels of accuracy and promptness.
• Excellent written and verbal communication skills.
• Strong collaborator with the ability to build relationships with cross-functional teams.
• Experience driving initiatives to identify areas for process improvement and deliver results.
• Willingness to take a hands-on approach and get involved in all aspects of the job.

Preferred (Bonus) Qualifications

• Experience in Zip, bill.com, Navan systems
• CPA, CFA, or advanced degree.
• Prior experience in a financial services firm, startup or in the digital assets industry.

The base pay for this role is expected to be between $111,000 - $140,000 level in the New York City area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus, equity, and a competitive benefits package.

Key skills/competency

• Accounts Payable
• Vendor Management
• Expense Reimbursement
• Month-End Close
• General Ledger
• Bank Reconciliations
• Financial Reporting
• Audit Compliance
• Process Optimization
• NetSuite