Manager

Drafting an accounting summary of key terms in new venture transaction agreements as they are entered into by Coinbase based on inputs defined by Coinbase accounting policies

Researching the launch status of tokens and documenting findings

Preparing supporting documentation on similarities/differences for follow on investments versus initial investments

Reconciliation of venture transactions on USDC/USDT to Ventures inventory outflows

Preparing draft journal entries, including realized gains/losses on investment exits, exercises of warrants, token launches, impairments, transactions in USDC 

Preparing a cash flow and liquidity tracker to document remaining capital commitments

Reconciliation of Ventures investment GL account balances between ledger and supporting workbooks

Preparing variance analyses on balance sheet and income statement accounts used for Ventures transactions and drafting variance explanations

Preparing Ventures bonus pool calculations 

Preparing classification documentation and vesting schedules based on Coinbase agreements for tokens launched during the period

Preparing gain/loss calculation for reclassification of vested tokens from Digital Assets Receivable to Digital Assets

Preparing calculation of staking revenues, voting rewards earned, token disposals, and token lending activities

Obtaining token prices for Ventures tokens from external sources

Calculating mark-to-market (MTM) adjustments for both Digital Assets and Digital Assets Receivables using fair value based on token prices at the end of month

Reconciliation of quantities of principal token balances between the  Coinbase Legal Tracker and the Digital Asset workbook

Preparing draft journal entries for token sales, staking income, voting 

rewards earned, fair value adjustments, interest income, and gains/losses on vested units

Preparing Digital Asset cash flow and supporting documentation for Coinbase Global (CBG) legal entity

Reconciliation of Ventures investment GL account balances between ledger and supporting workbooks 

Performing impairment analysis for investments, including: 

Preparing a scoping file based on the posting threshold  determined by Coinbase

Aggregating various external information to identify critical news that may trigger impairment

For any investments requiring impairment, preparing an  impairment analysis and valuation summary 

Preparing draft impairment journal entries

Preparing draft ventures investment disclosures

Preparing support for slides for quarterly Audit Committee decks, including summarizing total investments, new investments and updates on investments during each quarter

Preparing updates to SEC Checklist for questions regarding ventures investments 

Reconciliation of Coinbase digital asset investment balances to  Blockchain for Ventures tokens 

Preparing summary of unvested tokens held with restriction 

Preparing gain/loss summary based on previously calculated MTM adjustments 

Reconciliation of gain/loss summary to Ventures investment GL account balances  

Performing trading volume analysis using third party sources to assess fair value levelling for the Ventures token portfolio