Note: The job is a remote job and is open to candidates in USA. Underdog is a rapidly growing sports company focused on enhancing the experience of sports fans through innovative products. The Senior Accounting Associate will play a key role in supporting the accounting, treasury, and regulatory financial operations of the company, particularly in relation to its newly licensed Futures Commission Merchant (FCM). This position involves collaborating across teams to build scalable accounting processes and ensure compliance with regulatory requirements.
Responsibilities
- Support month-end, quarter-end, and year-end close processes across regulated entities
- Prepare journal entries, account reconciliations, financial analyses, and supporting schedules
- Assist with regulatory reporting requirements, including preparation of supporting workpapers and schedules
- Support daily capital, liquidity, and customer fund reporting processes and related reconciliations
- Prepare and investigate daily trade, position, cash, and balance sheet reconciliations, ensuring timely resolution of reconciling items
- Partner with Accounting leadership to document, implement, and continuously improve accounting policies, procedures, and internal controls
- Support annual audits, regulatory examinations, and compliance reviews by preparing documentation and responding to requests
- Assist with tax reporting requirements and other regulatory reporting obligations
- Help design and improve scalable accounting and reporting processes as the business grows
- Identify opportunities for automation and process improvements to reduce manual work and increase operational efficiency
- Partner cross-functionally with Finance, Compliance, Operations, Product, and Engineering teams to support new products and business initiatives
Skills
- 3-5 years of progressive accounting experience
- Active CPA license or actively pursuing CPA certification required
- Bachelor's degree in Accounting, Finance, or a related field
- Strong understanding of U.S. GAAP and accounting fundamentals
- Experience in public accounting, financial services, fintech, banking, broker-dealers, asset managers, trading firms, or similar environments
- Strong analytical, critical thinking, and problem-solving skills
- Ability to learn complex business models, financial products, and regulatory frameworks quickly
- Detail-oriented with a high degree of accuracy and ownership
- Comfortable operating in a fast-paced and evolving environment
- Strong communication skills and ability to work effectively across teams
- Advanced Excel skills and experience with ERP systems such as NetSuite, Sage, or similar
- Big 4 audit or advisory experience
- Experience working with financial services clients or regulated financial institutions
- Exposure to broker-dealers, exchanges, clearing firms, futures markets, or capital markets businesses
- Experience supporting regulatory reporting, audits, or examinations
- Familiarity with CFTC, NFA, SEC, or FINRA regulatory environments
- Experience with process automation, data analytics, or AI-enabled workflows
- Experience working in a high-growth startup or fintech environment
Benefits
- Plus target equity
- 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 leave
- Home office stipend
- A connected virtual-first culture with a highly engaged distributed workforce
- 5% 401k match
- FSA
- Company paid health, dental, vision plan options for employees and dependents
Company Overview
Underdog, the fastest-growing private sports company in the U.S., was founded in 2020 with the simple objective of making sports more fun. It was founded in 2020, and is headquartered in Brooklyn, New York, USA, with a workforce of 201-500 employees. Its website is https://underdogfantasy.com/.