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Director of Accounting

Director of Accounting

Commonwealth Markets Inc.Los Angeles, CA, US
11 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

| Remote Position |

About The Role :

As Director of Accounting at Commonwealth, you’ll be at the forefront of revolutionizing sports finance and allowing every fan to become an owner. A key hire on our finance team, this role is ideal for an ambitious accounting leader with a startup mindset. You will make a significant impact on the success of the company, working closely with the founding team, with an expectation you share your ideas and make your voice heard. This role will stretch you as an accountant, requiring you to be an internal entrepreneur within product and growth / customer retention. Expectation of growth into Controller as Commonwealth scales.

In This Role You Will :

  • Own accounting functions - financial reporting, transaction management, SEC reporting, treasury, and annual audit for Commonwealth and issuers
  • Design scalable financial infrastructure - build accounting and treasury systems that can flex across multiple sports, issuers, and asset classes.
  • State and federal tax, reporting, and compliance filings - across multiple business entities, ensuring all financial, tax, and reporting obligations are met
  • AP operations - invoice processing, payments, and reconciliation for 30+ entities
  • Cross-vertical enablement - ensure financial processes (audits, tax, treasury) adapt seamlessly to new verticals in NIL, athletes, teams, and other sports
  • Integrate fintech automation - implement tools for distributions, financial reporting, and tax documentation to reduce manual intervention.

Skills You'll Need :

  • Excellent project management and delivery. You’re excited to collaborate with cross-functional stakeholders and over-communicate blockers and updates
  • At-ease juggling multiple projects and tasks at one time, and shifting quickly between them as priorities change
  • Self-starter who can work with minimal supervision and always seeks to improve
  • Consistently deliver organized, quality work; obsessed with accuracy.
  • Adept at recording transactions, preparing journal entries, leading month-end close, and producing accurate financial statements and records
  • 3+ years of accounting experience, ideally in a fast-moving tech startup or working with multiple entities
  • Why Commonwealth

    Backed by top athletes and early stage fintech and sports investors, Commonwealth is reshaping sports finance by enabling fans to invest directly in the leagues, athletes and teams that power the world of sports. Commonwealth both powers athletes’ careers and opens up new ways for fans to connect with players in their favorite sports, offering investors exclusive content, behind-the-scenes access, and live race and gametime experiences. Known for winning the 2023 Kentucky Derby, it has since expanded into golf, tennis, and sports teams.

    We offer :

  • Competitive salary and meaningful equity
  • Comprehensive healthcare benefits
  • Unlimited PTO
  • A chance redefine how fans support and engage with athletes and sports
  • Commonwealth believes diversity drives innovation, and values passion and potential. If you’re excited about this role but don’t align with every qualification, you are encouraged to apply.

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