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Division Controller - Houston Texas
Company: Riot Platforms Inc
Location: Houston, Texas
Posted On: 01/07/2025
Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining data center operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado.Our mission is to positively impact the sectors, networks and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.Riot is advancing its Bitcoin mining operations through cutting-edge innovation, strategic expansion, and targeted procurement. Join us in building the world's leading Bitcoin-driven infrastructure platform.Key attributes we are looking forAt Riot, our team members have unparalleled opportunities to work on groundbreaking initiatives that are shaping the future of our company. Our innovative spirit has positioned us as a leader in the industry, driving advancements that are setting new standards at the intersection of Bitcoin mining and energy.If you are passionate about Bitcoin and eager to be part of this dynamic sector, Riot is where your journey begins. We value creativity, innovation, and a relentless drive to enhance organizational efficiency. With strong communication skills and the ability to multitask, you excel at identifying problems and delivering effective solutions. You take initiative, work independently, and maintain a sharp attention to detail. At Riot, our employees aren't just part of the future-they're creating it.About the roleWe are seeking an experienced Division Controller to join our rapidly growing, NASDAQ-listed company in the Bitcoin mining industry. This is a 9-month contract position with potential for conversion based on business needs. The role reports directly to the Controller of ESS Metron, a division of Riot.The responsibilities and authority of this position align with those typically entrusted to a manager-level finance professional in a public reporting entity. Key duties include overseeing the monthly close process for a subsidiary, reporting subsidiary results to Corporate, collaborating with the operations team to ensure proper cost coding, and independently analyzing the company's financial performance. Additionally, this role is critical in driving the integration of QuickBooks into a more robust ERP system. We are seeking a "hands-on" individual who can effectively manage day-to-day operations and reporting while taking the lead on the integration effort.Essential Functions - List the essential duties and functions of the role.
- Perform month end close duties, including preparation of certain monthly journal entries, review of journal entries, trial balances, and account reconciliations.
- Prepare monthly and/or quarterly subsidiary financial statement packages for internal reporting.
- Understand capital versus expense accounting and appropriately apply the Company's capitalization policy.
- Supervise and provide guidance current team of accountant(s) that are prior owners of the company.
- Work closely with the operations team to ensure proper cost allocations and budget tracking.
- Lead the integration efforts of the new acquisition out of Quick books and into the current ERP system.
- Assess current revenue recognition policies and processes and migration of revenue recognition to US GAAP.Knowledge, Skills, and Abilities
- Extensive, hands-on experience with monthly close process and reporting package deliverables.
- Advanced understanding of U.S. GAAP principles.
- Identify problems, collect data, establish facts, analyze and interpret financial data and draw valid conclusions.
- Work in a fast-paced environment with the ability to handle multiple responsibilities at once.
- Must prioritize and manage workload to meet critical deadlines.
- Proficient in Microsoft Excel.Education and Experience
- Required: A minimum of 7-10 years' experience in accounting.
- Preferred: Certified Public Accountant (CPA).
- Preferred experience: Prior supervisory experience with responsibility for monthly close process.
- Preferred systems experience: QuickBooks or NetSuiteCompensation and Benefits
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