Senior Finance Associate

About Us

Babylon is a top VC-backed blockchain project founded by Claude. E. Shannon Award recipient, fellow of U.S. National Academy of Engineering, Professor David Tse from Stanford University. The project’s mission is to bring Bitcoin’s unparalleled security to the decentralized world via a new public Cosmos-SDK PoS blockchain (Babylon) and a suite of inter-chain protocols. Our fast-growing team consists of elite scientists and engineers, seasoned marketing and business development professionals, as well as renowned business advisors. Our team culture is open, inclusive, agile, and passionate, and we highly value everyone’s personal growth.

About the Job:

Babylon Foundation is seeking a highly skilled Senior Finance Associate to play a pivotal role in our financial operations. This position will work closely with the CFO to insource accounting for the Babylon Foundation and its subsidiaries, ensuring the highest standards of financial management and compliance.

Key Responsibilities:

1. Accounting and Financial Record Keeping:

   • Close and maintain accurate and complete accounting records for the Babylon Foundation and its subsidiaries

   • Prepare financial statements, including balance sheets, income statements, and cash flow statements.

   • Perform timely and accurate bank reconciliations as well as track and monitor on-chain crypto transactions  

   • Conduct financial analysis and provide insights to support strategic decision-making.

   • Ensure compliance with relevant financial regulations and standards

2. Financial Controls and Compliance:

   • Design and implement financial controls to mitigate operational and other risks and sufficient segregation of duties

   • Conduct regular checks and balances to ensure the effectiveness of controls, identify deficiencies and find corrective actions

3. Process Automation and Optimisation:

   • Introduce new financial tooling and technology to automate and optimize financial processes 

   • Continuously evaluate and improve financial operations to enhance efficiency and reduce costs

4. Financial Operations and Payments:

   • Support financial operations by managing accounts payable, accounts receivable, and ensuring timely payments for fiat and crypto

   • Oversee the processing of financial transactions and ensure compliance with internal policies.

5. Forecasting and Budgeting:

   • Assist in forecasting and budgeting processes to ensure alignment with organizational goals.

   • Conduct ad hoc financial analysis and provide strategic insights to support business decisions.

   • Work closely with department teams across the Babylon organization to prepare and monitor budgets 

6. Cross-Functional Collaboration:

   • Collaborate with the CFO to identify areas for financial improvement and implement changes.

Requirements:

• Education: Bachelor's degree in Finance, Accounting, or a related field

• Experience: Minimum 5 years of experience in finance, preferably with Big4 background, knowledge of IFRS and accounting ERP (i.e. SAP, Xero, QB)

• Skills: Strong knowledge of financial principles, accounting standards, and processes. Excellent analytical, communication, and project management skills.

What We Offer:

• Competitive salary and benefits package.

• Opportunity to work with a dynamic team in a fast-paced environment.

• Professional development opportunities to enhance your career.

Our team is remote first and we are hiring across the world. Here at Babylon Labs, you’ll be joining a world-class team with tremendous growth potential as we bring secured Bitcoin staking to the world. Supported by top venture funds like Paradigm, Polychain Capital, Bullish, Hack VC, Polygon Ventures, Framework Ventures, Castle Island Ventures, OKX Ventures, among other investment firms and strategic partners. Come join us and build the future of trustless Bitcoin staking!