Checkbook

OTC Accounting Manager

Checkbook

full-time

Posted on:

Location Type: Remote

Location: Remote • California • 🇺🇸 United States

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Job Level

Mid-LevelSenior

Tech Stack

SQL

About the role

  • Own accounting for OTC transaction flows, including settlement & restricted cash movement.
  • Drive accurate revenue/cost recognition in accordance with U.S. GAAP.
  • Administer state-by-state MTL reporting obligations, including timely regulatory filings.
  • Maintain and reconcile restricted cash balances in alignment with state requirements.
  • Lead daily & month-end reconciliations across customer ledgers, bank accounts, and escrow balances.
  • Investigate variances proactively and implement durable resolution controls.
  • Prepare schedules, narratives, and supporting documentation for audits and regulatory reviews.
  • Serve as a key partner to Compliance & Legal on licensing examinations.
  • Design & improve OTC accounting workflows, strengthening control maturity.
  • Collaborate with Product & Engineering to enhance automation & reporting scalability.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field required; CPA strongly preferred.
  • Six or more years of progressive accounting experience, including at least two years in payments, fintech, or financial services.
  • Solid command of OTC accounting frameworks or platform-based funds flows, including settlement, restricted cash, and customer funds accounting.
  • Familiarity with state MTL compliance, restricted cash rules, and regulatory reporting cycles.
  • Expertise in analyzing and validating large, complex datasets to identify discrepancies, trends, and patterns; experience leveraging tools like SQL or Power Query for automation and reconciliation is highly desirable.
  • Strong proficiency in spreadsheets (Google Sheets or Excel) for advanced data manipulation and modeling; ability to design scalable processes for data integrity and document quality assurance procedures across high-volume transactions.
  • Exceptional accuracy, organization, and ownership in a fast-moving environment, with a demonstrated ability to proactively identify and resolve discrepancies.
Benefits
  • Insurance (Medical, Dental, Vision, LTD, and a variety of other programs)
  • 401k
  • Equity
  • Catered meals (in office)
  • Mileage Reimbursement

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
OTC accountingrevenue recognitioncost recognitionregulatory reportingdata analysisdata validationfinancial reconciliationfinancial modelingGAAPcompliance
Soft skills
accuracyorganizationownershipproactive problem solvingcollaborationleadershipcommunicationattention to detailadaptabilitycritical thinking
Certifications
Bachelor’s degree in AccountingBachelor’s degree in FinanceCPA