Underdog · 5 days ago
Accounting Manager
United States
Full-time
Remote
Mid, Senior Level
$128K/yr - $160K/yr
5+ years expUnderdog Fantasy is a rapidly growing sports company focused on enhancing the experience for sports fans. The Accounting Manager role involves leading FCM accounting operations, managing financial processes, and ensuring compliance in a federally regulated environment.
eSportsFantasy SportsGaming
Responsibilities
Lead FCM accounting operations, owning day-to-day execution while helping design and scale compliant financial processes as the business grows
Manage the month-end, quarter-end, and year-end close processes, including preparation and review of Form 1-FR-FCM filings and supporting schedules
Prepare and review daily Adjusted Net Capital calculations and customer fund segregation calculations in accordance with CFTC requirements
Manage Segregated Investment Detail Report (SIDR) preparation and support monitoring of the firm’s residual interest in customer accounts
Maintain and enhance the firm’s general ledger, sub-ledgers, and recordkeeping practices to meet regulatory record retention and audit standards
Support annual PCAOB-registered audits and participate in NFA audits and DSRO examinations, including coordinating audit requests and documentation
Oversee daily trade, position, and cash reconciliations, ensuring timely investigation and resolution of breaks
Partner with Finance leadership to document, implement, and continuously improve core accounting policies and procedures, including Capital and Segregation
Help design and maintain processes to support required tax reporting, including IRS Form 1099-B
Qualification
Required
5–7+ years of progressive accounting experience, ideally including time within a CFTC-regulated FCM, SEC Broker-Dealer, or similarly regulated financial institution
An active CPA license (required)
A solid understanding of CFTC financial rules—including net capital, segregation, and reporting requirements—and are eager to deepen your expertise
Hands-on experience supporting or preparing regulatory financial filings, such as the Form 1-FR-FCM, SIDR, and segregation schedules
A Bachelor's degree or higher in Accounting or Finance
Experience working with or improving financial control processes in a regulated environment (e.g., reconciliations, reporting workflows, documentation, controls)
Ability to pass the Series 27 exam immediately upon hiring
Strong analytical skills, with the ability to interpret complex financial data, spot issues, and communicate insights clearly
Detail-oriented, highly accurate in your work, and comfortable operating in a control-heavy environment
Effective communicator who can work cross-functionally and explain financial concepts to non-finance partners
Ability to manage competing priorities well and thrive in fast-paced, evolving environments
Proficient with Microsoft Excel and experienced with accounting ERP systems such as Sage, NetSuite, or Oracle
Preferred
Experience working within or supporting the launch of an FCM, including familiarity with the NFA membership application process
Prior exposure to FinOp-related functions or having supported a designated FinOp (without serving as one)
A Series 27 license or interest in obtaining it to strengthen your regulatory accounting knowledge
Experience interacting with NFA, CFTC, or DSRO exam teams as part of audits, exams, or reviews
Experience working in a high-growth fintech or startup environment with evolving processes and controls
Benefits
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
Underdog
We’re the fastest-growing sports gaming company ever. Our mission is to build innovative games and products for American sports fans.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$115MKey Investors
Spark CapitalBlackRockKevin Carter
2025-03-26Series C· $70M
2022-07-26Series B· $35M
2021-05-03Series A· $10M
Leadership Team
Jeremy Levine
Founder & CEO
Rishi Garg
Chief Financial Officer
Recent News
Mergers & Acquisitions
2025-10-19
2025-10-18
Company data provided by crunchbase