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Binance

Chief Accountant, Payments (Kazakhstan)

Posted an hour ago
10+ years experience
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AI Summary

The Chief Accountant will lead the finance and accounting function for a licensed payment business, ensuring compliance with IFRS and Kazakhstan legislation. Responsibilities include managing segregated client funds, preparing financial and tax reports, and acting as the primary stakeholder for regulators and auditors.

Binance is a leading global blockchain ecosystem behind the world's largest digital asset exchange by trading volume and registered users. We are trusted by 300+ million people in 100+ countries for our industry-leading security, user fund transparency, trading engine speed, deep liquidity, and an unmatched portfolio of digital asset products. Binance offerings range from trading and finance to education, research, payments, institutional services, Web3 features, and more. We leverage the power of digital assets and blockchain to build an inclusive financial ecosystem to advance the freedom of money and improve financial access for people around the world.

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About the role

Binance is expanding its regulated footprint in Kazakhstan. Starting October 2026, Kazakhstan introduces a new category of payment market participant: first-category payment organisations , licensed by the National Bank of Kazakhstan and required to meet standards comparable to banking institutions, including risk management, compliance, prudential norms, and client fund protection through mandatory segregation of client funds in separate accounts or a correspondent account with the National Bank. We are looking for a Chief Accountant to build and lead a regulator-ready, banking-standard finance and accounting function for the local licensed payment business.


Responsibilities
  • Own full-scope bookkeeping and accounting in compliance with IFRS and Kazakhstan legislation, ensuring readiness for external audit;
  • Ensure accurate accounting and reconciliation of segregated client funds, kept separate from the company's own funds;
  • Support the calculation and reporting of prudential norms and capital requirements applicable to the payment organisation;
  • Prepare and timely submit financial, tax, and statistical reporting;
  • Prepare group and parent-company reporting, including participation in consolidated group audits;
  • Maintain a robust, regulator-ready internal control system;
  • Prepare documentation and explanations for external auditors and the National Bank of Kazakhstan;
  • Act as the key finance stakeholder in interactions with the regulator, external auditors, tax authorities, and correspondent banks;
  • Lead and coordinate the accounting team, including outsourced providers and the group's central accounting function.


Requirements
  • Higher education in accounting, finance, or economics; postgraduate education or professional certification (ACCA, CAP/CIPA, DipIFR);
  • 10+ years of finance and accounting experience, including managerial roles, with 5+ years as Chief Accountant or Deputy Chief Accountant at a fintech, payment, banking, or microfinance organisation;
  • Compliance with clause 7 of the Accounting Rules (Order of the Minister of Finance of the Republic of Kazakhstan No. 531 dated 4 June 2021) and the Qualification Directory of Positions of the Republic of Kazakhstan;
  • Full-scope accounting experience under IFRS and Kazakhstan legislation, including an understanding of reporting requirements for international groups of companies;
  • Strong knowledge of the Tax Code of the Republic of Kazakhstan (CIT, withholding CIT, VAT, individual income tax, social payments), with experience of tax audits and liaison with tax authorities;
  • Knowledge of the Law of the Republic of Kazakhstan "On Payments and Payment Systems" and requirements for first-category payment organisations, including client fund segregation, prudential norms, and capital requirements;
  • Experience with external annual and quarterly audits conducted by a Big Four firm, and with preparing documentation and explanations for auditors and regulators;
  • Experience with NetSuite (Oracle), including bookkeeping, reporting, and general ledger modules;
  • Advanced Excel skills (pivot tables, formulas, large data sets) and experience with online banking platforms of Kazakhstan banks;
  • Fluent Russian required for statutory record-keeping and reporting; English at intermediate level or above for liaison with the international group.


Why Binance?
  • Shape the future with the world's leading blockchain ecosystem
  • Collaborate with world-class talent in a user-centric global organization with a flat structure
  • Tackle unique, fast-paced projects with autonomy in an innovative environment
  • Thrive in a results-driven workplace with opportunities for career growth and continuous learning
  • Competitive salary and company benefits


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