Accountant

Status is the gateway to the decentralized web. We’re building the tools and infrastructure for the advancement of a secure, private, and open web3. With the high level goals of preserving the right to privacy, mitigating the risk of censorship, and promoting economic trade in a transparent, open manner, Status is building a community where anyone is welcome to join and contribute.

As an organization, Status seeks to push the web3 ecosystem forward through research, creation of developer tools, and support of the open source community. Our core product is an open source, Ethereum-based app that gives users the power to chat, make payments and browse the decentralized web.

Who are we?

We’re a remote team made up of ~60 core contributors and a growing number of community members scattered around 30 + countries. We care deeply about building a new web, about transparency and open source software. Our organizational structure has minimal hierarchy and no fixed work hours. We believe in output, not hours worked, and everyone has a great deal of autonomy, while working towards reaching big organizational milestones.

The role

We’re searching for a fully qualified Accountant to work alongside Johannes, our Finance manager, and Ruslan, our Head of Finance.

Our culture encompasses startup, corporate and lean management. We’re working to continuously improve our processes while growing the potential of Status as a whole. Our new team member will have all the space to contribute to that and to influence change at all levels.

Our world is often unpredictable, but you can see below a rough roadmap for the role. If this excites you, and you have the correct qualifications and experience, don’t hesitate to get in touch.

What to expect in the first weeks

Your first month will be focused on learning and understanding the organisation. You will have plenty of time to read, research and connect with the main stakeholders at Status. You will be assigned a peer team member (buddy), who will be introducing you to key aspects of the organisation and the team you work in.

You’ll get acquainted with Xero and our chart of accounts; understand our organisation structure (intra-group flows); and our F&A policies.

What to expect in the first couple of months

After you’ve successfully assimilated the main concepts at Status, you will be able to dig deeper in accounting and financial processes.

Not to scare you away, but we need someone who is able to learn and adapt fast to new concepts.

In the meantime, you will be able to keep learning about the organisation’s modus operandi.

You’ll start regularly dealing with daily accounting and recording of transactions; classification of team expenses; document management; bank reconciliations; intra-group transactions; crypto-accounting; month-end processes; general ledger accounting (and other things as necessary).

What to expect after the first couple of months

This is when the fun begins! (just kidding, it already began when you joined!)

When you have a solid understanding of the processes at Status, you will be able to take ownership and to start implementing your ideas and putting them into motion. You will also start liaising and coordinating tasks with several third-parties related to accounting, taxation, auditing, and more.

Tasks you will encounter on a regular basis: quarter- and year-end processes; consolidation for management reporting (IFRS); assisting with tax and accounting audits; filing for taxes in different jurisdictions.

In the mid- and long-term

Once you have a deep understanding of the whole accounting function, how it relates to other areas, the impact on the business and what improvement opportunities are available you will be able to improve the whole function and bring your vision into practice (for real).

If you’re fascinated by the possibilities of blockchain technology and crypto, naturally curious, get a kick out of implementing lean processes to automate away repetition, enjoy rolling up your sleeves and find great satisfaction in solving complex business problems, this is your role.

You’ll have the opportunity to work with different jurisdictions, several types of assets and crypto accounting, all while making sure everything is in line with best practices of agile accounting.

What to expect on a normal day

Working at Status gives you an immense opportunity to create, implement and improve your ideas. Even though there is no particular way of doing things, at the Finance Team we hold some weekly meetings to align and decide what needs to be done, or what should be prioritised. Throughout the day you might have several calls with accounting firms, lawyers, tax specialists, governmental agencies, and others. As we face many new challenges every day, you might also expect (the famous) unexpected, which also brings some fun to your day. All this while working in a completely free environment.

What we’re definitely looking for:

We are looking for someone excited to join our organisation and that aligns with our values (https://status.im/about/#our-principles). You must be a qualified chartered accountant with 2 to 5 years of post-qualified experience. We use Xero as our accounting platform, so we would expect you to know your way around it. We also report in many jurisdictions, therefore, knowledge of IFRS is necessary. Lastly, as we deal with a lot of cryptos, we would expect you to understand crypto-accounting, or have experience working with several currencies and/or intangible assets.

Bonus points if you’re:

• Experienced with lean financial processes and have automated workflows;
• Knowledgeable of German GAAP or Swiss Code of Obligations;
• Experienced with tax accounting and auditing;
• Aware of compliance risks, and experienced in mitigating them;
• Able to communicate in German;
• Experienced with intra-group accounting;
• Accustomed to working remotely and to async workflows.

This is not the right opportunity if:

Don’t get us wrong – we’ll be growing the team and look forward to be include profiles that have more varied backgrounds – but for this specific time and role, things wouldn’t work if:

• You have no start-up experience;
• You’ve been mostly focused on reporting and management accounting;
• You’re not fully qualified as chartered accountant (ACCA/ACA in UK or equivalent for Europe)
• You need a huge deal of predictability in your work environment.

Remuneration

The salary is paid in a local currency and/or crypto, and depends on experience. We also offer a grant of Status Network Tokens vesting over a three-year period. More info on SNT here: https://status.im/snt-utility/.