VP Finance / Controller

About Us:

Fortitude Mining, which has a 5-year history as the self-mining division of Foundry, was spun out as a new standalone business that is a wholly-owned subsidiary of DCG. Headquartered in Rochester, NY, Fortitude Mining has a foundation built on deep industry expertise, solid investor support, and the DCG network of brands.

Fortitude Mining approaches token mining with a venture mindset, focusing on digital assets with high long-term growth potential. Fortitude mines Bitcoin and other digital assets with its own fleet of machines, which is operated across various geographies in the United States by third parties.

Fortitude Mining’s Bitcoin fleet of miners in on par with the best capitalized public miners, and through its partnerships, sits at the center of the mining ecosystem with unparalleled relationships and access to intel.

DESCRIPTION:

The Controller is an exciting opportunity for a motivated and passionate individual to join the team at Fortitude Mining, a subsidiary of the blockchain industry’s most prolific and active investor, Digital Currency Group (DCG). Reporting to the CFO, the VP of Finance or Controller will be focused on maintaining and enhancing Fortitude Mining’s financial statements and reporting, working with both internal teams and external auditors and advisors. This position should also be familiar the reporting and preparation of public financial statements.

This is a rare invitation to join a small, highly professional entrepreneurial group, with the backing of the most established player in the fast-growing crypto space.

This position is based at Fortitude HQ in Rochester, NY, Stamford CT, or Chicago IL.

 

PRIMARY RESPONSIBILITIES:

The Controller will report to the CFO and be responsible for managing all financial and accounting procedures at Fortitude Mining. This individual will work closely with the Finance staff at DCG to provide reporting specific to this subsidiary. Typical responsibilities would include all accounting, and reporting functions, including preparation of monthly financials, assist with management of day-to-day financial decisions, profitability analysis, and modeling to support the business decisions of Fortitude Mining. Detailed responsibilities would include:

• Establish, maintain, and document internal controls for safekeeping of assets
• Maintain the General Ledger for the entity, revenue recording, accounts payable and vendor relationships, and manage the monthly close process
• Assist in preparing the annual budget
• Partner with CFO and executive leadership on capital markets activity, investor reporting, and M&A due diligence
• Support treasury, tax, and legal teams on matters impacting accounting, financial statements, and regulatory disclosures.
• Internal and external reporting
  • Collect data (both financial and non-financial) and conduct analysis to present meaningful market findings, insights, and commentary both for internal and external purposes
  • Work closely with Fortitude Mining’s technical team on their economic models to support strategic mining and staking decisions
  • Weekly/monthly/quarterly reporting of Fortitude Mining’s mining and staking efforts
  • Development of models to support complex business relationships
  • Prepare standalone financial statements and support the PCAOB audit process

ABOUT YOU:

Minimum Qualifications:

• 10+ years’ experience in a leadership role focused on financial reporting and internal controls
• Bachelor's degree required, accounting major preferred
• CPA required
• Exceptional energy and interest in building things from the ground up and delivering real results
• Deep knowledge of our industry is not required, but a strong interest in as well as a willingness to learn about crypto and blockchain is key
• Strong understanding of U.S. GAAP, SEC regulations, and SOX 404 compliance

 Preferred Qualifications; Knowledge, Skills and Abilities:

• Big Four public accounting background
• Experience with ERP and crypto-native accounting systems
• Familiarity with power markets, energy contracts, or digital infrastructure reporting
• Knowledge of fair value, revenue recognition, and impairment modeling for intangible assets
• Experience working with board audit committees and investor relations teams
• Proven ability to see the bigger picture and understand new functional areas quickly
• Interest in cryptocurrency or blockchain technology
• MBA preferred but not required
• Someone who possesses a true cross-functional mindset
• Strong quantitative and reasoning skills
• Excellent communication skills - verbal, written, listening, negotiation, organization, and presentation
• Someone both convincing and clear on next steps, who always follows up on promises
• Organized, detail-oriented, and resourceful
• Comfortable adapting to changing situations and priorities with a high sense of accountability and urgency

WHAT WE OFFER:

• The chance to work in a fast-paced and fun start-up environment with experienced industry leaders
• A learning environment where you can dive deep into the latest technologies and make an impact
• Competitive base salary, bonus and incentive compensation
• Unlimited PTO / Flexible time off - work with your manager to take time off when you need it
• Professional development budget with flexibility for personal and professional growth
• Outstanding health insurance for employee, partner and dependents
• Life insurance, short-term & long-term disability coverage
• 401K plan with company contribution
• Flexible spending programs for medical and dependent care
• Paid parental leave

ENVIRONMENT:

Fortitude Mining takes pride in an environment which prioritizes our people. We insist that our people first culture builds the framework for all business operations.  

Employees have ample opportunities to voice thoughts, opinions, and ideas through weekly companywide meetings, monthly townhalls, and team outings and events.  

We emphasize the importance of each individual through engagement, teamwork, inclusion, and diversity efforts. 

Fortitude Mining is an Equal Opportunity Employer and embraces diversity. We do not tolerate discrimination or harassment based on race, color, religion, marital status, gender (including pregnancy, childbirth or related medical conditions), gender identity, sexual orientation, parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or any other non-merit-based factors protected under federal, state or local law. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, transfer, leaves of absence, compensation, and training.

Disclaimer
The above statements are intended to describe the general nature and level of work performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.