Senior Accounting Associate

Role Description

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.

What You’ll Do

• 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

Qualifications

• 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

Requirements

• 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

• 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 Description

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.

This position may require sports betting licensure based on certain state regulations.

California Applicants: Review our CPRA Privacy Notice here .