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Accounts Payable Specialist

Palo Alto, California, United States

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

The Accounts Payable Specialist is responsible for managing and processing all accounts payable transactions for the organization. This role ensures the timely and accurate payment of vendor invoices, resolves discrepancies, and maintains strong relationships with suppliers. The Accounts Payable Specialist will also assist with month-end closing procedures, reporting, and reconciliation tasks, while ensuring compliance with internal controls and financial policies.

Key Responsibilities:

  • Manage the full-cycle accounts payable process, including invoice receipt, review, approval, and payment execution.
  • Verify invoice accuracy by cross-checking with purchase orders, vendor contracts, and internal policies.
  • Process payments for approved invoices via checks, ACH transfers, or credit card transactions, ensuring payments are made on time.
  • Maintain an accurate and up-to-date vendor database, ensuring all vendor documentation and tax forms are current.
  • Serve as the primary point of contact for vendor inquiries, resolving payment discrepancies and issues promptly.
  • Reconcile accounts payable records with general ledger accounts to ensure accurate financial reporting.
  • Prepare monthly Accounts Payable reports, including aging reports and vendor statement reconciliations, for management review. Assist with month-end and year-end closing processes, ensuring AP transactions are correctly recorded in the financial system.
  • Ensure proper documentation is attached to invoices for approval, payment authorization, and auditing purposes.
  • Track and monitor expense reports submitted by employees, ensuring accuracy and compliance with company policies. Assist in categorizing expenses in accordance with the company's chart of accounts.
  • Ensure adherence to company policies, internal controls, and accounting procedures in all Accounts Payable activities.
  • Collaborate cross-functionally with procurement, operations, and finance teams to streamline workflows.
  • Participate in the implementation of new technologies or automation tools that improve accounts payable functions.

 

Qualifications & Skills:

  • Batchelor’s degree in Accounting, Finance, or a related field preferred.
  • 2+ years of experience in accounts payable.
  • Experience with NetSuite accounting software is a must
  • Proficiency in Microsoft Excel.
  • Strong understanding of accounts payable processes, invoice management, and payment methods.
  • Detail-oriented with excellent organizational and time-management skills.
  • Strong problem-solving skills and ability to manage multiple tasks and deadlines.
  • Effective communication skills, with the ability to collaborate with internal teams and external vendors.
  • Knowledge of general accounting principles and financial reporting.
  • Ability to maintain confidentiality and handle sensitive information with discretion.
  • Preferred crypto experience.

Why Join BitGo?

Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world’s financial markets.

Here are some of the benefits* of working at BitGo:

  • Competitive base salary, bonus and stock options
  • 100% company paid health insurance for employee, partner and dependents
  • Up to 4% 401k company match
  • Paid parental leave, Paid vacation
  • Free custom lunches, dinners and snacks 
  • Computer equipment and workplace furniture to suit your needs
  • Great colleagues and inspiring startup environment
  • *Benefits may vary based on location 

Cryptocurrencies are the most disruptive change the financial services industry has seen in years. Join us and you’ll be able to look back and say you were part of the team that transformed investing.

Pay Transparency Notice: Depending upon your leveling and location, the compensation for this role averages between $90,000 - $105,000 USD base salary. Equity, an annual performance bonus and the benefits outlined below are also a part of this role's package. 

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