AADAO Financial Controller

ATOM Accelerator DAO

ATOM Accelerator DAO

Accounting & Finance
United States
Posted on Dec 2, 2024

About AADAO

Atom Accelerator DAO (AADAO) is a community-owned organization with a mandate to support open source projects that drive value for ATOM token holders, through the administration of grants, and venture investments.

Position Overview

Fully remote; no location restriction.

We are seeking a temporary Financial Controller to join the AADAO Oversight Committee. The Controller will be a key guardian of AADAO's operational integrity. This position plays a crucial role in maintaining transparency and accountability across all DAO activities, with particular focus on grant program oversight and financial governance.

The role involves careful monitoring of key activities, financial transactions, and operational compliance, while working closely with other committee members to ensure the highest standards of organizational governance are maintained.

Time Commitment

This is a 20-35% FTE (Full-Time Equivalent) role requiring attendance at the following regular meetings:

- Weekly Oversight Committee meetings (as needed)

- Biweekly full team meetings, Thursdays at 1pm EST

- Weekly Strategy Committee meetings (observer status), Fridays at 10am EST


Tenure: December 15, 2024 - February 28, 2025 (possibly longer)


Note: AADAO operates under a community-approved mandate that expires in February 2025. Should the mandate not be renewed by the Cosmos Hub community, the DAO will transition into a maintenance phase where oversight responsibilities may be reduced in scope. Given this timeline, candidates should understand that the role's duties and time commitment could evolve based on the DAO's future operational status. The minimum FTE requirement from December 15, 2024 - February 28, 2025 will be 20-35% FTE.


Key Responsibilities

Policy & Governance

- Oversee implementation and enforcement of AADAO's governance framework, including conflict of interest policies, KYC requirements, and operational guidelines

- Lead mediation processes for policy-related disputes and provide authoritative interpretations of governance protocols when required

- Design and maintain internal control systems to protect against operational risks, fraud, and resource misallocation

Grant Program Administration

- Review milestone achievements and payment authorizations across grants and ventures, ensuring alignment with approved terms and deliverables

- Conduct periodic random audits of funded projects to verify progress, resource utilization, and compliance with grant agreements

- Investigate and report on any irregularities or concerns in project execution or fund utilization

Reporting & Compliance

- Coordinate the preparation of comprehensive Transparency Reports for the ATOM community, ensuring accurate representation of DAO activities and financial status

- Lead investigations into allegations of misconduct or mismanagement, whether involving AADAO members or grant recipients

- Provide regular assessments of organizational compliance with established protocols and recommend improvements to existing control mechanisms

Transaction Management & Verification

- Maintain comprehensive transaction records of all grant program activities through detailed on-chain ledger documentation

- Verify accuracy and authorization of all payment distributions, including grantee funds and operational expenses

- Perform regular reconciliation between on-chain transactions and payment files to identify and investigate any discrepancies or unauthorized payments

- Establish and maintain secure audit trails through systematic backup of all financial documentation

Financial Reporting & Analysis

- Prepare core financial documents including Balance Sheet, Income Statement, and Cash Flow Management reports

- Lead the development of financial sections for the End-of-Mandate Annual Report

- Generate regular analytical reports on DAO's $ATOM utilization and alignment with governance proposals

Treasury & Resource Management

- Oversee treasury operations to ensure sufficient liquidity for ongoing DAO activities

- Monitor and optimize resource allocation across all DAO operations

- Review contributor compensation structures to ensure alignment with community-approved brackets

- Assess and validate any proposed modifications to compensation arrangements, ensuring proper community authorization when required

Required Qualifications

- B.Sc in Accounting

- Experience in oversight, audit, or governance roles

- Strong analytical and critical thinking skills

- Excellent attention to detail and documentation abilities

- Professional experience in project evaluation and financial assessments

- Demonstrated ability to maintain independence and objectivity in professional settings

- Crypto experience required, Cosmos experience a plus


Desired Qualities

- Strong ethical foundation and commitment to transparency

- Professional certifications in audit, risk management, or compliance (e.g., CIA, CRMA, CFE)

- Ability to work independently while collaborating effectively with committee members

- Excellent written and verbal communication

- Problem-solving mindset with attention to procedural detail

- Proficiency in financial analysis and reporting tools


Application Process

Candidates will be evaluated based on their experience, understanding of the role's responsibilities, and ability to maintain independence and objectivity in oversight duties.

To apply, please submit:

  1. CV
  2. Statement of interest:
  1. Vision for maintaining AADAO's integrity and transparency
  2. Two (2) professional references
  3. Disclosure of any potential conflicts of interest


Links:
AADAO website
AADAO Oversight Github