Senior Accountant - Soter

About Soter

Soter is revolutionizing insurance for the Web3 ecosystem by offering innovative, tech-driven products tailored to the unique risks of decentralized networks and blockchain-based businesses. Soter’s customizable solutions are designed to protect organizations by mitigating emerging risks and empowering them to scale confidently. In an industry where traditional insurance solutions fall short, Soter is pioneering the future of risk management in Web3.

Soter is a fast-growing start-up backed by trusted investors in both Web3 and traditional finance. Holding offices in New York, London, Dubai, and Bermuda, Soter operates on a global scale. 

About the Role

As Soter’s first Senior Accountant you will play a pivotal role in establishing and managing Soter’s financial operations across multiple jurisdictions. You will report to and work closely with the Head of Finance to design the organization’s accounting processes, manage the financial compliance requirements, and support financial reporting.

This is an exciting opportunity for someone to shape the accounting function in a dynamic and fast-paced startup environment. 

This is a hybrid role with preference given to candidates currently located in, or willing to relocate to, Dubai. Candidates based in Bermuda, New York, and London are also welcome to apply. The compensation package for this role will include a competitive base salary, equity, and more. The final package will be determined based on location, experience, and demonstrated skills. 

Key Responsibilities

Financial Reporting & Analysis

• Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

• Consolidate financial statements and ensure intercompany transactions are accurately recorded.

• Manage the monthly, quarterly, and annual closing processes.

• Support the Head of Finance in budget preparation and cash flow management

Technical Accounting Oversight

• Oversee the application of and compliance of accounting policies, ensuring adherence to IFRS or other relevant accounting standards.

• Provide guidance into technical accounting matters, including revenue recognition, cost allocation, and consolidation

Compliance & Audit

• Ensure compliance with statutory reporting requirements, tax filings, and local regulations in all jurisdictions of operation

• Liaise with external auditors, tax advisors, and regulatory authorities to ensure accurate filings and audit readiness

• Develop internal controls and processes to safeguard company assets and ensure financial integrity.

Transfer Pricing

• Collaborate with external advisors to establish and maintain transfer pricing policies.

• Ensure intercompany transactions comply with transfer pricing regulations.

• Provide support for transfer pricing documentation and audits.

Accounting Operations

• Oversee and manage the day-to-day accounting operations, including accounts payable, accounts receivable, payroll, and general ledger.

• Collaborate across teams by providing internal accounting support for new initiatives, key projects, and ad-hoc requests. 

Financial Systems & Processes

• Maintain and upgrade accounting systems (e.g., Xero) to improve efficiency and scalability.

• Establish and maintain effective financial controls and processes that ensure accuracy, transparency, and comply with best practices and regulatory requirements. 

• In partnership with the Head of People, design and implement thorough payroll processes and controls to ensure efficient global payroll operations. 

What We’re Looking For

• Qualified Accountant (e.g., ACA, ACCA, CPA) with 5+ years of experience, ideally in start-ups, fintech, and/or insurance.

• Demonstrated experience in financial statement preparation, multi-entity accounting and consolidations. Experience with globally distributed entities is a plus. 

• Strong understanding of statutory compliance, tax filings, and audit preparation.

• Detail-oriented mindset with a focus on accuracy and precision in reporting.

• Ability to thrive in a fast-paced, dynamic environment and manage multiple tasks effectively.

• Strong communication skills and ability to collaborate with our global teams.

• Strong problem-solving skills with the ability to quickly and efficiently resolve challenges 

Bonus

• Interest in and excitement for digital asset / crypto space

• Familiarity with scaling accounting operations in startups

• Experience with Xero, Trello, Slack, and google workspace 

Working at Soter

At Soter, you’ll work with a small, globally distributed team of experts with experience spanning across traditional finance, insurance, digital assets, and technology. Leveraging tools like Slack and Trello, we collaborate seamlessly across time zones, fostering autonomy, trust, and accountability.

You’ll have the opportunity to solve unique challenges in an ever-evolving industry while being supported by peers who are invested in your professional growth and well-being. As a member of the Soter team, your ideas will have an immediate impact by directly influencing the overall success of the business.