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KrakenPosted 1 month ago

Head of Finance & Custody - VARA

RemoteUnited Arab Emirates

Full TimeSenior LevelMediumCryptocurrency

Job Summary

Own monthly, quarterly, and annual financial reporting for the VARA-regulated Dubai entity, including budget-to-actuals reviews and statutory audit liaison. Monitor and report on client money and virtual asset safeguarding, executing daily reconciliations, reserve asset coverage workbooks, and breach-notification playbooks. Lead local entity development projects with Group Finance, Legal, and Risk to ensure compliance with VARA rulebooks and activity-specific thresholds.

Required Qualifications

  • Qualified Accountant (ACA, CIMA, ACCA, or equivalent)
  • significant relevant experience in financial services
  • exposure to a VARA-regulated or comparable digital-asset regulatory regime
  • Demonstrable experience in safeguarding, custody, or client asset/client money control environments
  • Working knowledge of VARA's rulebook architecture or a demonstrated ability to build this knowledge rapidly
  • Demonstrable experience in a Group reporting role focused on financial accounts and external/regulatory reporting
  • Knowledge and understanding of key accounting principles under IFRS and/or US GAAP
  • Excellent analytical, problem-solving, and stakeholder communication skills
  • proven track record of managing cross-functional projects
  • Strong leadership skills, with the ability to motivate and inspire cross-functional teams across finance, compliance, and risk
  • Highly organised, with excellent attention to detail and the ability to manage multiple regulatory deadlines in a fast-paced, newly licensed environment
  • Proactive and adaptable, with a willingness to take ownership of ambiguous or evolving regulatory requirements
  • Ethical and accountable, with a commitment to the highest standards of integrity in client asset stewardship
  • Excellent stakeholder engagement skills
  • comfortable operating with minimal supervisory oversight
  • Assertive, tenacious, and control-focused

Desired Qualifications

  • An understanding of virtual assets, blockchain technology, and wallet/custody infrastructure

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