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