Director of Accounting

Posted 20 Days Ago
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Los Angeles, CA
Senior level
Blockchain • Consulting
The Role
Lead the accounting function, ensuring compliance with US GAAP, managing financial processes, and implementing best practices in a fast-paced environment.
Summary Generated by Built In

The Internet lacks a protocol for money. Lightspark is building the tools and services to make it happen. Lightspark builds enterprise-ready infrastructure for open payments for the Internet at scale using the Lightning Network. An always-on, low-cost, universal payment network will completely transform how money is moved, enabling businesses and developers to transform existing solutions and build new financial systems, services, and processes accessible to everyone, transcending geographical restraints. Lightspark is headquartered in Los Angeles, California, but serves the world.

Lightspark is seeking a Director of Accounting to lead the buildout of the Accounting function. As one of the earliest hires on the team reporting directly to our VP, Finance, you will play a critical role in establishing the financial infrastructure, implementing best practices, and ensuring a seamless financial statement close process. A deep knowledge of US GAAP and a proven ability to apply accounting principles to both existing operations and new ventures will be essential to success in this role.

This opportunity is ideal for someone with boundless optimism, and a proactive, solution-oriented mindset that can work autonomously in ambiguous situations. We value adaptability, ownership, and a “can-do” attitude. You should be eager to tackle new challenges, thrive in a fast-paced environment, and be self-sufficient in driving results. This position is based onsite at our offices in Culver City, Los Angeles.

What you’ll do:

  • Lead and own the monthly financial statement close process, ensuring accuracy, timeliness, and compliance with US GAAP

  • Prepare technical accounting memos for new and complex transactions, particularly in revenue recognition, ensuring compliance with contractual, regulatory and industry standards.

  • Oversee Order to Cash (Revenue/ AR), Procurement to Pay (P2P), and bitcoin-related financial processes

  • Identify, develop, document, and implement key accounting policies, internal controls, and best practices to enhance operational efficiency and compliance.

  • Interpret and apply new accounting standards, policy changes, and operationalize accounting treatment for new or evolving products and services.

  • Own the external audit process, serving as the primary liaison with auditors to resolve accounting matters efficiently.

  • Prepare senior management- level financial reporting summaries and presentations.

  • Manage the transition of the accounting function from external to in-house operations, ensuring a seamless and efficient process.

  • Oversee ERP implementation and other accounting related special projects.

  • Collaborate closely with Product, Legal, Finance, and other stakeholders to provide financial insights and ensure accounting considerations are integrated into business decisions.

  • Provide clear, data-driven responses to financial inquiries from internal and external stakeholders, ensuring alignment and transparency.

  • Work cross-functionally to define and implement system requirements that support financial and accounting operations.

What we’re looking for:

  • 10+ years of progressive experience in public accounting (Big 4 preferred) and corporate accounting/controllership, ideally in fintech, payments, financial services, or crypto.

  • Active CPA license with a strong technical accounting foundation, particularly in revenue recognition (ASC 606).

  • Experience with crypto asset accounting is a plus; enthusiasm for the industry is essential!

  • Proven experience leading and managing external partners in accounting, audit, and financial operations.

  • Strong experience with ERP systems and accounting automation tools.

  • Exceptional ability to translate complex accounting concepts into clear, actionable insights for both financial and non-financial stakeholders.

  • Ability to thrive in a fast-paced startup environment, balancing multiple priorities while driving process improvements.

  • Strong interpersonal and communication skills, with the ability to work cross-functionally and influence at all levels.

Lightspark is on a mission to build an open payment protocol for the Internet at scale and therefore we’re committed to creating a more inclusive and diverse workplace to reflect the customers we serve. We welcome interest from individuals of all backgrounds and levels of experience who share our mission. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or other applicable legally protected characteristics. 

We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the State of California Fair Chance Initiative for Hiring.

Top Skills

Accounting Automation Tools
Erp Systems
Revenue Recognition (Asc 606)
Us Gaap
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The Company
Los Angeles,, California
67 Employees
On-site Workplace
Year Founded: 2022

What We Do

Lightspark is the easiest, low-cost, most reliable, enterprise-grade way to send and receive payments globally, enabling money to move just like bits and bytes do on the Internet. We're delivering open payments for the Internet at scale, using the Lightning Network.

We aim to help businesses around the world benefit from real time payments and build amazing new experiences for themselves and their customers. We're laser-focused on solving real problems for our customers with best-in-class innovative software solutions and designs

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