Accounts Payable Associate

Job Description

Join Kraken’s Accounts Payable (AP) team! Our AP team is dedicated to protecting Kraken from late payments, lost invoices, and financial chaos. As the guardians of cash flow, they ensure timely, accurate payments while keeping the procure-to-pay process efficient and enjoyable for Kraken and its partners.
Reporting to the Accounts Payable Manager, the Accounts Payable Associate will be a key contributor to the success of the accounting function. You’ll have the opportunity to help build processes, collaborate cross-functionally, and play a crucial role in our global team’s ability to scale in a super-fast-paced environment!
The opportunity:

Process payments for vendor invoices on a weekly basis
Review documentation to ensure proper account coding and collaborate with internal departments for ensure understanding of all incoming data
Review and appropriately match purchase orders to corresponding invoices
Ensure approvals for invoice payments are in place
Record vendor invoices (including hourly & monthly contractor bills) and corresponding payments in ERP system
Review of the accuracy and completeness of supporting documents for expense reports and provide accounting approvals in system
Reconcile expense report submissions to the general ledger and ensure that the expenses are properly classified
Review, analyze and respond to internal and external inquiries to resolve vendor payment and accounting issues
Setup vendor records (including contractors, wire/ACH templates, tax details) in ERP system
Perform monthly Accounts Payable close activities as required i.e. assist with month end accruals and reconciliation of AP accounts
Provide payroll processing support, act as an audit liaison, and assist with ad hoc projects and other assigned duties

Skills you should HODL:

2+ years of experience in Accounts Payable working with multiple entities, currencies and VAT requirements
Bachelor’s degree in Accounting or related field
2+ years hands on experience with Netsuite ERP
Experience with a travel & expense platform such as Brex
Experience with a purchase order platform such as Zip
The ability to manage time effectively and meet deadlines, even when faced with unexpected challenges
Comfortable handling high volumes of transactions efficiently
Capable of maintaining a high level of accuracy in transaction processing, even under pressure
Must be adept at managing time and prioritizing tasks effectively
Skilled in using Excel for data analysis and reporting
Motivated by the challenges and needs of growing business, especially those of a scaling start-up build the crypto industry

Nice to haves:

Experience working with company issued credit cards.

This job is accepting ongoing applications and there is no application deadline.
Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.
We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don’t fully meet the listed requirements, especially if you’re passionate or knowledgable about crypto!
As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.