Accounting Manager, Regulatory Reporting (FCM)

Accounting Manager, Regulatory Reporting (FCM)United States/RemoteAt Underdog, we make sports more fun. Our thesis is simple: build the best products and we'll build the biggest company in the space, because there's so much more to be built for sports fans. We're just over five years in, and we're one of the fastest-growing sports companies ever, most recently valued at $1.3B. And it's still the early days.We've built and scaled multiple games and products across fantasy sports, sports betting, and prediction markets, all united in one seamless, simple, easy to use, intuitive and fun app.Underdog isn't for everyone. One of our core values is give a sh*t. The people who win here are the ones who care, push, and perform. If that's you, come join us.Winning as an Underdog is more fun.This role sits at the intersection of accounting, treasury, and regulatory financial operations, supporting the build-out of a newly licensed Futures Commission Merchant (FCM). You will help design and scale financial infrastructure in a federally regulated environment, working closely with finance leadership, compliance, and operations.We are seeking a strong regulatory accounting professional ideally with experience in a CFTC-regulated FCM, SEC-registered broker-dealer, or similar regulated financial institution who understands capital rules, customer protection frameworks, and financial regulatory reporting.What You'll DoLead FCM accounting operations, owning day-to-day execution while helping design and scale compliant financial processes as the business growsManage the month-end, quarter-end, and year-end close processes, including preparation and review of Form 1-FR-FCM filings and supporting schedulesPrepare and review daily Adjusted Net Capital calculations and customer fund segregation calculations in accordance with CFTC requirementsManage Segregated Investment Detail Report (SIDR) preparation and support monitoring of the firm's residual interest in customer accountsMaintain and enhance the firm's general ledger, sub-ledgers, and recordkeeping practices to meet regulatory record retention and audit standardsSupport annual PCAOB-registered audits and participate in NFA audits and DSRO examinations, including coordinating audit requests and documentationOversee daily trade, position, and cash reconciliations, ensuring timely investigation and resolution of breaksPartner with Finance leadership to document, implement, and continuously improve core accounting policies and procedures, including Capital and SegregationHelp design and maintain processes to support required tax reporting, including IRS Form 1099-MISCWho You Are57+ years of progressive accounting experience within a regulated financial institution (FCM, broker-dealer, clearing firm, bank, or similarYou have an active CPA license (required)Strong understanding of regulatory capital frameworks (CFTC Net Capital or SEC Rule 15c3-1)Familiarity with customer protection regimes (CFTC segregation or SEC Rule 15c3-3 reserve requirements)Experience preparing or supporting regulatory financial filings (Form 1-FR-FCM, FOCUS reports, capital computations, reserve/seg calculations, etc.)You hold a Bachelor's degree or higher in Accounting or FinanceExperience operating within a strong internal control environment subject to regulatory oversightYou bring strong analytical skills, with the ability to interpret complex financial data, spot issues, and communicate insights clearlyYou are detail-oriented, highly accurate in your work, and comfortable operating in a control-heavy environmentYou are an effective communicator who can work cross-functionally and explain financial concepts to non-finance partnersYou manage competing priorities well and thrive in fast-paced, evolving environmentsYou are proficient with Microsoft Excel and experienced with accounting ERP systems such as Sage, NetSuite, or similarEven Better If You HaveDirect FCM experience and familiarity with CFTC financial reporting requirementsExperience interacting with NFA, CFTC, FINRA, or SEC exam teamsExperience supporting a Financial Principal or FINOP functionExperience helping launch or scale a newly regulated entityBackground in a high-growth fintech or startup environmentOur target starting base salary range for this position is between $128,000 and $160,000, plus target equity. The starting base salary will depend on a number of factors including the candidate's skills and experience, among other things.What We Can Offer You:Unlimited PTO for full-time employees (we're extremely flexible with the exception of the first few weeks before & into the NFL season)16 weeks of fully paid parental leaveHome office stipendA connected virtual-first culture with a highly engaged distributed workforce5% 401k match, FSA, company paid health, dental, vision plan options for employees and dependentsLI-REMOTEWe're a remote-first company and value in-person connection. That said, we expect everyone to gather 2-3 times per year for team and company offsites, trainings, and more.This position may require sports betting licensure based on certain state regulations.Underdog is an equal opportunity employer and doesn't discriminate on the basis of creed, race, sexual orientation, gender, age, disability status, or any other defining characteristic.California Applicants: Review our CPRA Privacy Notice here.