Who are we?
FalconX is a pioneering team of operators, investors, and 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.
About the Role
We're looking for a hands-on Chartered Accountant with strong derivatives experience to run day-to-day accounting, product control, and financial reporting for our U.S. NFA/CFTC-regulated swap dealer and our international subsidiaries.
You'll work across both Product Control and Legal Entity Control. Your work will include daily derivative MTM and P&L, balance sheet close, and statutory reporting. You'll work closely with the Finance Manager, Front-Office Trading Desks, and Trade Operations, and help automate our processes in NetSuite.
What You'll Do
Entity Accounting & Financial Close
Run monthly, quarterly, and annual close tasks under US GAAP and IFRS for the U.S. swap dealer entity and operating subsidiaries. This covers journal entries, accruals, intercompany eliminations, and balance sheet reconciliations.
Prepare balance sheet schedules and first drafts of statutory financial statements and footnote disclosures for the Manager to review. Disclosures include gross/net offsetting (ASC 210-20 / IFRS 7), fair value levels (ASC 820 / IFRS 13), and credit risk.
Monitor and settle intercompany balances, and support transfer pricing calculations, including intercompany crypto and derivative positions.
Product Control & Derivatives Accounting
Run daily mark-to-market (MTM) and P&L for OTC and exchange-traded derivatives. Products include BTC/ETH options, systematic OTC trades, funded collars, total return swaps, interest rate swaps (IRS), and FX forwards.
Produce daily P&L attribution, explain P&L movements to Trading Desks, and investigate breaks with Trade Operations.
Support fair value leveling (Level 1–3), Expected Credit Loss (ECL) calculations, and margin and collateral reconciliations.
Research and draft accounting assessments (ASC 815 / IFRS 9) for new products such as digital asset lending, borrowing, staking, and principal market-making.
Audit, Controls & Regulatory Support
Act as a day-to-day contact for Big 4 external auditors. Prepare PBC (provided-by-client) schedules, answer audit queries, and build historical workpapers.
Carry out legacy balance sheet cleanups and help draft technical GAAP position memos.
Run and document key controls under SOX 404 / ICFR, and keep Risk Control Matrices (RCMs) and SOPs up to date.
Provide financial data for regulatory and capital reporting under NFA, CFTC, and SEC rules and other global regimes, working with Compliance.
Process Improvement & Team Support
Find manual spreadsheet workflows that can be automated, and help move them into NetSuite reporting.
Mentor and review the work of 1–2 junior associates or analysts.
What You Bring
Must-Have
Qualified Chartered Accountant (ICAI).
5-8 years of experience in Product Control or Legal Entity Control at a Tier-1 investment bank (e.g., Goldman Sachs, Barclays, StanChart, BofA, Morgan Stanley), or in Big 4 Capital Markets / Financial Services audit or advisory.
Hands-on derivatives experience: daily MTM, P&L attribution, fair value measurement, and margin and collateral for OTC and/or exchange-traded derivatives.
Experience preparing balance sheet reconciliations, close schedules, and statutory disclosure schedules.
Strong working knowledge of US GAAP and IFRS, especially:
Derivatives: ASC 815 / IFRS 9
Fair value: ASC 820 /…