Senior Accounting Associate

Senior Accounting Associate

At Underdog, we make sports more fun. Our thesis is simple: build the best products and we'll build the biggest company in the space, because there's so much more to be built for sports fans. We're just over five years in, and we're one of the fastest-growing sports companies ever, most recently valued at $1.3B. And it's still the early days.

We've built and scaled multiple games and products across fantasy sports, sports betting, and prediction markets, all united in one seamless, simple, easy to use, intuitive and fun app.

Underdog isn't for everyone. One of our core values is give a sh*t. The people who win here are the ones who care, push, and perform. If that's you, come join us.

Winning as an Underdog is more fun.

About the Role

This role sits at the intersection of accounting, treasury, and regulatory financial operations, supporting the growth of Underdog's regulated financial services businesses, including our newly licensed Futures Commission Merchant (FCM). We are seeking a strong accounting professional with solid technical accounting fundamentals and financial services experience. While direct FCM experience is not required, the ideal candidate is intellectually curious, enjoys solving complex problems, and is excited to learn the accounting, reporting, and regulatory requirements of a rapidly evolving financial services business. You will work closely with Accounting, Finance, Compliance, Operations, and Product teams to help build scalable accounting processes and financial infrastructure in a highly regulated environment.

• 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

Who You Are

• 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

Even Better If You Have

• 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

Our target starting base salary range for this position is between $100,000 and $120,000, plus target equity. The starting base salary will depend on a number of factors including the candidate's skills and experience, among other things.

What We Can Offer You

• 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

We're a remote-first company and value in-person connection. That said, we expect everyone to gather 2-3 times per year for team and company offsites, trainings, and more.

Underdog is an equal opportunity employer and doesn't discriminate on the basis of creed, race, sexual orientation, gender, age, disability status, or any other defining characteristic.

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