Crypto Jobs

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bitoasis
$68k - $78k estimated
Dubai - United Arab Emirates

Company Description

Headquartered in the UAE, BitOasis is the largest and most trusted cryptocurrency platform in the MENA region. Established in 2015, BitOasis is a pioneer of the region’s cryptocurrency ecosystem,serving as the go-to platform for first-time cryptocurrency buyers and professional traders alike.
BitOasis aims to offer the most secure and regulated infrastructure in cryptocurrency trading for retail and institutional clients across the region.
https://bitoasis.net/en/about-us.

Job Description

The successful candidate will be responsible for ensuring the use of best practices to meet the regulatory reporting requirements within the timelines. They will be responsible for managing the month-end books closure in line with IFRS and regulatory requirements, managing statutory reporting, completing the entity audits. The candidate will be managing a team of Sr. accountants, Accounting Manager across UAE, Jordan and will be responsible for the growth and development of the financial control team. The candidate is expected to collaborate cross-functionally on various strategic initiatives with Compliance, Technology, Operations, FP&A, Treasury teams etc. to achieve organization goals. The role will also entail liaising with external parties like auditors, vendors, regulatory authorities, and advisors. 

Role responsibilities

  • Key Responsibilities:

  • Financial Reporting:

    • Lead the preparation and review of accurate and timely monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS) and local UAE regulations.

    • Oversee the consolidation of financial results for all entities within the group.

    • Prepare comprehensive financial analysis and commentary for senior management and stakeholders.

  • Technical Accounting & Compliance:

    • Serve as the in-house expert on IFRS, particularly as it applies to digital assets, revenue recognition, and complex financial instruments.

    • Monitor changes in accounting standards and regulatory requirements, assessing their impact on the company and implementing necessary adjustments.

    • Ensure compliance with all relevant financial regulations and reporting obligations in the UAE.

  • Accounting Operations:

    • Manage and oversee the day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, and fixed assets.

    • Ensure proper reconciliation of all balance sheet accounts, including crypto assets and liabilities.

    • Drive the month-end and year-end closing processes, ensuring efficiency and accuracy.

  • Internal Controls & Audit:

    • Develop, implement, and maintain robust internal controls over financial reporting to safeguard company assets and ensure data integrity.

    • Coordinate and manage external audits, acting as the primary liaison with auditors and ensuring timely completion of audit requirements.

    • Identify and implement process improvements to enhance efficiency, accuracy, and control within the finance function.

  • Regulatory Reporting:

    • Prepare and submit all required financial and statistical reports to regulatory bodies in the UAE.

    • Stay abreast of evolving regulatory frameworks related to cryptocurrency and financial services in the region.

  • Team Leadership & Development:

    • Lead, mentor, and develop a team of finance professionals, fostering a culture of excellence, collaboration, and continuous improvement.

    • Provide guidance and training on complex accounting issues and best practices.

  • System & Process Enhancement:

    • Collaborate with IT and other departments to optimize financial systems (e.g., ERP, accounting software) and automate processes.

    • Hands on experience with automation will be an added advantage 

 

Qualifications

  • 12-15 years’ work experience with a bachelor’s degree in accounting, finance, or a related field and a master's degree or professional certification (e.g CPA, CMA, CA, ACCA) is preferred.
  • Strong knowledge of accounting principles, financial reporting standards, and relevant regulations (e.g., GAAP, IFRS).
  • Proficiency in financial analysis, budgeting, and forecasting techniques.
  • Excellent analytical skills with the ability to interpret complex financial data and provide meaningful insights.
  • Advanced proficiency in financial software and tools (e.g., ERP systems, financial modeling software).
  • Solid understanding of internal controls, risk management, and compliance requirements.
  • Strong leadership and communication skills, with the ability to effectively collaborate with cross-functional teams and senior management.
  • Detail-oriented mindset with a focus on accuracy and precision.

How much do crypto jobs pay?

The salaries for cryptocurrency jobs vary widely depending on the specific role, industry, location, experience, and other factors

However, in general, cryptocurrency jobs tend to pay relatively well compared to other industries

Here are some examples of average salaries for popular cryptocurrency jobs:

  1. Blockchain Developer: The average salary for a blockchain developer in the US is around $105,000 per year, with salaries ranging from $60,000 to $180,000 per year.
  2. Cryptocurrency Analyst: The average salary for a cryptocurrency analyst in the US is around $85,000 per year, with salaries ranging from $50,000 to $135,000 per year.
  3. Cryptocurrency Trader: The average salary for a cryptocurrency trader in the US is around $95,000 per year, with salaries ranging from $40,000 to $180,000 per year.
  4. Marketing and PR Manager: The average salary for a marketing and PR manager in the US is around $77,000 per year, with salaries ranging from $43,000 to $128,000 per year.
  5. Crypto Lawyer: The average salary for a crypto lawyer in the US is around $120,000 per year, with salaries ranging from $70,000 to $200,000 per year.

Is crypto jobs legit?

Yes, cryptocurrency jobs are generally legitimate, and the industry has created many job opportunities over the years

As the cryptocurrency industry has grown, it has attracted a significant number of legitimate businesses and organizations that require talented individuals to work in various roles, such as blockchain development, cryptocurrency analysis, trading, marketing, public relations, law, and compliance, among others

However, as with any industry, there are also fraudulent job postings and scams that try to take advantage of people looking for work

It is essential to be cautious and thoroughly research any company or job opportunity before applying or accepting a position

You should always verify that the job posting is from a legitimate company and never provide sensitive personal or financial information without ensuring that the opportunity is genuine

To avoid scams, you can do the following:

  1. Research the company before applying for a job or accepting a job offer. Check the company's website, social media, and reviews to ensure that it is legitimate.
  2. Verify the job posting and contact information. Ensure that the email, phone number, or website listed in the job posting is valid.
  3. Don't pay for a job or training. A legitimate company will not ask you to pay for a job or training.
  4. Be wary of job offers that sound too good to be true. If a job offer promises a high salary or unrealistic benefits, it could be a scam.

What careers are there in crypto?

The market of cryptocurrency jobs has grown rapidly in recent years, creating a wide range of career opportunities in various sectors

Here are some of the careers in crypto that you can explore:

  1. Blockchain Consultant: Consultants offer advice to businesses and organizations that are exploring the implementation of blockchain technology. They help with strategic planning, implementation, and optimization.
  2. Blockchain Developer: Developers are responsible for creating and maintaining blockchain-based applications and smart contracts. They need to have experience in coding languages like Solidity, C++, and Python.
  3. Crypto Compliance Officer: These professionals ensure that businesses operating in the crypto industry comply with relevant laws and regulations.
  4. Crypto Journalist: A journalist who specializes in reporting on cryptocurrencies and the blockchain industry. They write news articles, feature stories, and analysis.
  5. Crypto Lawyer: Lawyers who specialize in the crypto industry help navigate complex regulatory and legal frameworks.
  6. Cryptocurrency Analyst: An analyst researches and analyzes cryptocurrencies and the market trends. They provide insights on trading, investments, and risk management.
  7. Cryptocurrency Educator: Educators help individuals and businesses understand the concepts and technicalities of cryptocurrencies and the blockchain technology.
  8. Cryptocurrency Trader: Traders buy and sell cryptocurrencies on exchanges, making profits by predicting market movements.
  9. Marketing and PR Manager: These professionals are responsible for promoting crypto projects, managing the brand's online presence, and building community engagement.

Can you make a career out of cryptocurrency?

Yes, it is possible to make a career out of cryptocurrency

The cryptocurrency industry has grown rapidly in recent years, and there are now many job opportunities available in various sectors related to blockchain and digital currencies

Some of the most common career paths in cryptocurrency include blockchain development, cryptocurrency trading, cryptocurrency analysis, marketing and public relations, and cryptocurrency journalism

There are also roles in cryptocurrency consulting, law, and compliance, among others

To pursue a career in cryptocurrency, it is important to have a strong understanding of the technology and how it works

This may require education or training in computer science, economics, or finance, depending on the specific career path you choose

Additionally, keeping up with the latest developments in the industry is crucial to stay competitive and relevant

As with any career, success in the cryptocurrency industry also requires a strong work ethic, dedication, and a willingness to continuously learn and adapt to new developments

While the industry is still relatively new and rapidly evolving, it has the potential to offer exciting and rewarding career opportunities for those who are passionate about the technology and willing to put in the effort to succeed.

What is crypto jobs?

Crypto jobs refer to employment opportunities in the cryptocurrency industry

This can include jobs related to the development of cryptocurrency technology, such as blockchain development, as well as jobs in crypto-related companies, such as exchanges or payment processing firms

Some examples of crypto jobs include blockchain engineers, crypto traders, and compliance specialists

These jobs often require specialized knowledge and expertise in the field of cryptocurrencies and blockchain technology.