Mining Accounting Associate


New York, NY, USA

Full time

Jun 30

This job is no longer accepting applications.

What is BlockFi?

BlockFi’s mission is to provide liquidity, transparency and efficiency to digital financial markets by creating products that meet the needs of consumers and corporations across the globe. We build bridges between traditional finance and digital markets that enable growth for all participants.

We’re a team of builders and strivers, proud to champion financial inclusivity and offer economic opportunities around the globe. We provide the same inclusivity to our team members. BlockFi is a place where diversity is celebrated, individuality is recognized, and every single team member is valued. We are changing the status quo to be the first financial company that people love, and we rely on our people to make it happen!


BlockFi is looking for a Mining Accounting Associate to join our growing team!

About Your Team

We are seeking a talented accounting analyst to help us build and scale our growing accounting team. The role will entail working through cutting edge accounting issues in the crypto space and implementing best-in-class processes and controls. This is a unique opportunity to learn and work across multiple areas as a key member of a high performing team.

Your Mission

  • Track and maintain crypto mining revenue earned.
  • Assist with analyzing financial results on a monthly basis and report on variances versus plan and prior periods to efficiently report results
  • Assist with financial close process
  • Prepare and maintain prepaid, accrual, and depreciation schedules
  • Prepare bank and balance sheet account reconciliations
  • Assist in the implementation and documentation of processes and controls
  • Assist in implementation and integration of an ERP system with various sub-ledgers
  • Work and interface with external accounting firm on annual audit
  • Track staking rewards from staked cryptocurrencies. 
  • Prepare annual financial statements, note disclosures and supporting schedules
  • Partake in ad hoc accounting or finance projects and analysis, as assigned

Your Expertise 

  • Bachelor’s or higher degree in Accounting
  • CPA preferred
  • Basic understanding of bitcoin mining and accounting or operating companies 
  • 2-4 years of relevant accounting experience, ideally with 2 years’ experience in public accounting
  • Strong communication and collaboration skills, team-oriented
  • Strong problem solving skills, self-starter
  • Detailed oriented, excellent time management, and organizational skills
  • Experience with NetSuite, Sage Intacct, or other cloud-based ERP system preferable
  • Highly proficient in excel (v-lookups, pivot tables etc.) and Google Sheets
  • Understanding of cryptocurrency markets is an advantage but not required 

Your Perks

We benefit from the great work our employees do each day. That is why we are committed to providing a variety of awesome benefits to help them live their best lives.

  • Competitive salary because we value your experience and expertise
  • Unlimited vacation / sick days because everyone deserves time for R&R
  • Employer contribution towards health coverage (including vision & dental) because your physical health and well-being is important to us
  • Various fringe benefits such as 401k, Parental Leave, FSA/HSA, and Employee Assistance Programs because health coverage is more than just choosing your yearly plan
  • Flexible work environment because we are a geographically dispersed team and we believe in balance
  • Pet insurance because all of your beloved family members should have coverage too
  • Weekly lunch stipend because there is such a thing as a free lunch!
  • A close-knit team of enthusiastic, collegial and driven people to work alongside in a highly meritocratic environment because teamwork makes the dreamwork



Why BlockFi?

BlockFi has experienced incredible growth since our launch in August 2017. Our client base has grown to more than 225,000 (and counting), and the company now boasts more than $15 billion in assets on our platform. We recently completed a Series D funding round placing the company's valuation at $3 billion, and our team now has more than 500 people worldwide. We have established ourselves as a crypto market leader, and as we expand our product suite and geographic footprint, we expect our addressable market to grow exponentially.

BlockFi's leadership team has decades of experience in the traditional financial services and banking world, and we take a conservative approach to regulation that will position us well for sustainable long-term growth and expansion.

Our team is comprised of highly motivated professionals from diverse backgrounds. We are aiming to become the leading lender in crypto and are poised to redefine the global financial ecosystem for the better. In addition:

  • BlockFi is one of the first companies to ever offer crypto-backed loans and the only company whose founding team has an institutional understanding of the debt capital markets and regulatory landscape in the U.S.
  • $100 MM of Series A, B, and C funding led by Valar Ventures with participation from Susquehanna, Winklevoss Capital, Fidelity, Galaxy Digital, Akuna Capital, and Morgan Creek
  • $350 MM of Series D funding led by Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global
  • We are moving quickly and have already deployed substantial capital into the space, proving our ability to execute and capture customer demand

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The future of finance The old way of doing things doesn’t cut it anymore. With BlockFi, you can use cryptocurrency to earn interest at up to 8.6% APY,...