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Controller

Foundry Digital

Foundry Digital

Accounting & Finance
Rochester, NY, USA
Posted on Thursday, May 30, 2024

Welcome to Foundry, a cryptocurrency pioneer dedicated to advancing decentralized infrastructure. At Foundry, we’re not waiting for a decentralized financial future — we’re building it now. By empowering institutions with the tools they need to mine and stake digital assets, we’re thoughtfully driving the industry forward with our team at the center of it all.

If you thrive on innovation, are inspired by the potential of blockchain technology and are passionate about being part of transformative global changes, then we’d love to connect. At Foundry, your skills will find purpose as you contribute to shaping the architecture of a more equitable and interconnected world through blockchain technology. Come be a vital member of the Foundry team, where your contributions will help empower a decentralized future.

DESCRIPTION: The Controller is an exciting opportunity for a motivated and passionate individual to join the team at Foundry, a subsidiary of the blockchain industry’s most prolific and active investor, Digital Currency Group (DCG). Reporting to the CFO, the Controller will be focused on maintaining and enhancing Foundry’s financial statements and reporting, working with both internal teams and external auditors and advisors.

This is a rare invitation to join a small, highly professional entrepreneurial group, with the backing of the most established player in the fast-growing crypto space.

This position is based at Foundry HQ in Rochester, NY.

PRIMARY RESPONSIBILITIES:

The Controller will report to the CFO and be responsible for managing all financial and accounting procedures at Foundry. This individual will work closely with the Finance staff at DCG to provide reporting specific to this subsidiary. Typical responsibilities would include all accounting, and reporting functions, including preparation of monthly financials, assist with management of day-to-day financial decisions, profitability analysis, and modeling to support the business decisions of Foundry. Detailed responsibilities would include:

  • Establish, maintain, and document internal controls for safekeeping of assets
  • Maintain the General Ledger for the entity, revenue recording, accounts payable and vendor relationships, and manage the monthly close process
  • Assist in preparing the annual budget
  • Internal and external reporting
    • Collect data (both financial and non-financial) and conduct analysis to present meaningful market findings, insights, and commentary both for internal and external purposes
    • Work closely with Foundry’s technical team on their economic models to support strategic mining and staking decisions
    • Weekly/monthly/quarterly reporting of Foundry’s mining and staking efforts
    • Modeling of core product offerings including equipment financing
    • Development of models to support complex business relationships
    • Prepare standalone financial statements and support the audit process

ABOUT YOU:

Minimum Qualifications:

  • 10+ years’ experience in a leadership role focused on financial reporting and internal controls
  • Bachelor's degree required, accounting major preferred
  • CPA required
  • Exceptional energy and interest in building things from the ground up and delivering real results
  • Deep knowledge of our industry not required, but a strong interest in as well as a willingness to learn about crypto and blockchain is key
  • Experience working in a startup - high sense of urgency, ambiguous environment - is a plus

Preferred Qualifications; Knowledge, Skills and Abilities:

  • Proven ability to see the bigger picture and understand new functional areas quickly
  • Interest in cryptocurrency or blockchain technology
  • MBA preferred but not required
  • Someone who possesses a true cross-functional mindset
  • Strong quantitative and reasoning skills
  • Excellent communication skills - verbal, written, listening, negotiation, organization, and presentation
  • Someone both convincing and clear on next steps, who always follows up on promises
  • Proactive self-starter with a solutions-focused, positive attitude
  • Team player, willing to pitch in wherever needed
  • Organized, detail-oriented, and resourceful
  • Reliable time management skills and method for tracking objectives and tasks
  • Comfort adapting to changing situations and priorities with a high sense of accountability and urgency

The salary range for this role is $150,000-$190,000. This is the range that we in good faith believe is the range oof possible compensation for this role at the time of posting. We may ultimately pay more or less than the posted range. This range may be modified in the future.

This range only includes base compensation and does not include other tangible benefits such as 401K match, bonuses, overtime pay, and other benefits.

WHAT WE OFFER:

  • The chance to work in a fast-paced and fun start-up environment with experienced industry leaders
  • A learning environment where you can dive deep into the latest technologies and make an impact
  • Competitive base salary, potential bonus and incentive compensation
  • Unlimited PTO / Flexible time off - work with your manager to take time off when you need it
  • Professional development budget with flexibility for personal and professional growth
  • Outstanding health insurance for employee, partner and dependents
  • Life insurance
  • Short-term & long-term disability coverage (Not available for India positions)
  • 401K plan with company contribution (Bermuda: Private pension plan with company contribution, Not available for India positions)
  • Flexible spending programs for medical and dependent care (Not available for Bermuda/India positions)
  • Paid parental leave

ENVIRONMENT:

Foundry takes pride in an environment which prioritizes our people. We insist that our people first culture builds the framework for all business operations.

Employees have ample opportunities to voice thoughts, opinions, and ideas through weekly companywide meetings, monthly townhalls, and team outings and events.

We emphasize the importance of each individual through engagement, teamwork, inclusion, and diversity efforts.

Foundry is an Equal Opportunity Employer and embraces diversity. We do not tolerate discrimination or harassment based on race, color, religion, marital status, gender (including pregnancy, childbirth or related medical conditions), gender identity, sexual orientation, parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or any other non-merit-based factors protected under federal, state or local law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, transfer, leaves of absence, compensation, and training.

ABOUT FOUNDRY:
At Foundry, we are working toward a common goal of empowering a decentralized infrastructure. Our team is passionate about the future of finance and is looking for other like-minded individuals who share in this vision. While we are inclusive and diverse in workforce and style, we all agree that digital assets will change the world.

Foundry was created to meet the institutional demand for better capital access, efficiency, and transparency in the digital currency mining and staking industry.

As a Digital Currency Group company, Foundry taps unparalleled institutional expertise, capital, and market intelligence to provide North American bitcoin miners and global manufacturers with the resources to build, maintain, and secure decentralized networks.

Disclaimer
The above statements are intended to describe the general nature and level of work performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.