---
title: 'Head of Finance at Ether.fi'
canonical: 'https://feeny.ai/job/head-of-finance-ether-fi-cayman-islands-17hdvhvarc5t'
type: 'job'
last_seen: '2026-10-30'
---

# Head of Finance at Ether.fi

- **Company:** Ether.fi
- **Location:** Cayman Islands
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-09-30
- **Last confirmed live:** 2026-10-30
- **Apply:** https://jobs.ashbyhq.com/ether.fi/1e7eb2e8-f257-42e3-aa1e-0b49d3081fea

## Job description

About [ether.fi](http://ether.fi) [ether.fi](http://ether.fi) is one of the largest DeFi protocols on Ethereum. We started with weETH, a liquid staking token that now secures billions of dollars of staked ETH, and built outward from there: the Liquid vault range, which runs automated yield strategies across ETH, stablecoins and BTC, and [ether.fi](http://ether.fi) Cash, a Visa card and neobank product that lets users spend directly against their on-chain balances.

Behind the protocol is a group of operating companies in Cayman, Brazil, the US, Canada and the UAE, including a regulated investment manager and a licensed VASP. We are continuing to open new markets and add additional regulated products, with finance playing a key role in this expansion.

## The role

We're hiring a Head of Finance to run the finance function. Today finance sits with the COO/CFO and financial controller. We are looking for someone to own the following: month end, audits, budget, tax, treasury operations, fund NAV, payments and payroll. The CFO will set policy and sign off. You own everything else. It's a small team. You'll have one accountant reporting to you and can hire as we grow, but you need to be comfortable doing the work yourself. We're based across several time zones and you'll be working with legal, compliance, ops and the product teams every week.

## What you'll do

- Run month end across all entities. Management accounts within 15 business days, quarterly reporting within 45 days.
- Balance sheet recs, including wallets, exchange and custody balances against the ledger.
- Revenue recognition for protocol fees, vault fees, card interchange and treasury income.
- Lead our statutory audits.
- Own the annual budget and monthly budget vs actuals. Every material assumption needs to be documented and something you can defend.
- Cash forecasting.
- Daily liquidity monitoring across fiat, stables and crypto. Weekly portfolio review and rebalancing to targets set by the CFO. Moving funds for payroll and payments.
- Put intercompany agreements and a transfer pricing model in place with our advisers.
- Tax and regulatory finance filings across Cayman, Brazil, US, Canada and UAE (economic substance, US information returns, CRA).
- Weekly payment run, vendors, payroll and contractors in several countries, token vesting and payouts, expenses.
- Card inventory and cost tracking with Ops.
- Own the finance systems (QuickBooks, crypto sub-ledger, AP tool, payroll, cap table) and cut down the manual recs.
- Work with Compliance, Ecosystem and Product on fee models and new launches. Help HR with comp budgets, relocations and payroll.

## What we're looking for

- Qualified accountant (CA, CPA, ACCA). Big 4 audit background preferred.
- 8+ years post-qualification, at least 4 of them in-house at a crypto, fintech or asset management business.
- Has run a finance function before, as controller or head of finance, across multiple entities and currencies.
- Has owned audits end to end.
- Hands-on with intercompany agreements and transfer pricing.
- Comfortable with crypto: wallet recs, token accounting, staking rewards, NAV for crypto funds.
- Organised and direct. Flags problems early rather than at month end.
- Able to work in Cayman (right to work or eligible for a permit). Relocation support is available.

## Nice to have

- Cayman funds: CIMA registration, investment manager entities, working with administrators.
- VASP, payments or card program experience, including interchange.
- US and Canadian tax.
- Multi-country payroll and token compensation.
- QuickBooks Online, a crypto sub-ledger, AP automation.

## About Ether.fi

## Company Overview
- **One-liner**: Ether.fi is a leading non-custodial liquid staking protocol and DeFi ecosystem building the rails for decentralized, on-chain banking.
- **Entity Type**: Private (Series A)
- **Headquarters**: George Town, Cayman Islands
- **Founded**: 2022
- **Founders**: Mike Silagadze (CEO) and Rok Kopp

## Core Business
- **Primary Industry**: Decentralized Finance (DeFi) / Liquid Staking / Crypto Financial Services
- **Target Customers**: Crypto-native individual stakers (B2C), institutional node operators, and DeFi users seeking yield and spending products.
- **Mission**: To put users in charge of their wealth—making it easy to save, earn, and spend crypto in a secure, transparent, and non-custodial way.

## Products & Services
- **[Stake (eETH/weETH)](https://www.ether.fi/careers)**: A non-custodial liquid staking protocol. Users stake ETH or stETH and receive eETH (or weETH for DeFi composability), which accrues staking rewards and can be used across DeFi. It is natively re-staked to earn additional yield.
- **[Liquid](https://www.ether.fi/careers)**: Automated strategy vaults that find and optimize yields for users across DeFi protocols.
- **[Cash](https://www.ether.fi/careers)**: A Visa credit card product allowing users to spend and borrow against their crypto assets without selling them. Includes a KYC process and fraud detection.
- **[eBTC](https://www.ether.fi/blog/non-custodial-actively-defended)**: A liquid staking token for Bitcoin, extending the protocol’s non-custodial staking model.
- **[eUSD](https://www.ether.fi/blog/non-custodial-actively-defended)**: A stablecoin product within the ether.fi ecosystem.

## Market Standing
- **Valuation/Market Cap**: Not disclosed (private company).
- **Key Metric**: Over **$10B in assets under management (AUM)** as of June 2026. The company has been **profitable since day one**.
- **Total Funding**: $32.3M raised across 4 rounds (Series A).
- **Notable Investors**: CoinFund, Node Capital, Chapter One (26 institutional investors and 4 angel investors total).
- **Growth Signals**: A team of ~30 people (almost all technical staff) managing over $10B in AUM, demonstrating extreme capital efficiency. The company is actively expanding its product suite into consumer credit cards (Cash) and Bitcoin staking (eBTC), signaling a move from pure DeFi infrastructure to end-user financial applications.

## Competitive Advantages
- **Non-Custodial + Actively Defended**: The protocol is designed so that ether.fi cannot unilaterally move user funds (non-custodial), but it can pause the system and block in-flight attacks to protect users. This is a unique security doctrine that avoids the "decentralization theater" that leaves users drained during exploits.
- **Four-Layer Security Architecture**: Operational security (key/infra hygiene), smart contract bounds (timelocks, rebate caps), crosschain defenses (4-of-4 DVN quorum, per-chain rate limits), and real-time active defense (wired to Hypernative monitoring).
- **Capital Efficiency**: A tiny team (~30) manages a massive $10B+ asset base, indicating highly automated, lean operations and strong technical leverage.
- **Profitability**: Profitable from day one, avoiding the "ponzinomics" and unsustainable token models common in the space.

## Strategic Focus
- **Building Real Consumer Applications**: The company is focused on moving beyond pure DeFi infrastructure into mainstream financial products like the Ether.fi Cash Visa card, bridging the gap between crypto and everyday spending.
- **True On-Chain Banking**: The long-term vision is to offer a full suite of non-custodial financial services (savings, lending, spending) entirely on-chain.
- **Security-First Growth**: The public security doctrine (non-custodial, actively defended) is a core differentiator and a key focus of engineering effort, as outlined in their blog.

## Why Work Here
- **High Impact, Small Team**: With ~30 employees and $10B+ in AUM, every employee has outsized responsibility and influence on the product and protocol.
- **Top Compensation**: Annual performance-based bonuses, option to be paid in ETH, and a share of token allocation.
- **Wellness Benefits**: Unlimited paid time off, one month per year to work fully remotely, plus health, dental, and vision coverage.
- **In-Office Collaboration**: The company emphasizes in-person work (79% on-site, 16% hybrid) with offices in New York, Denver, Grand Cayman, and Dubai. They believe face-to-face interaction drives success.
- **Culture & Events**: Frequent company off-site retreats (e.g., Cayman Islands, Lisbon) and attendance at top crypto events.
- **Engineering Culture**: A builder-first environment with a focus on security, smart contract engineering, and real-time fraud/scam hunting. The interview process includes a skills-based interview and a final meeting with the CEO.
- **Guiding Principles**: Decentralization is a primary objective, sustainable revenue model, and "never compromise on ethics."

## Sources
1. [ether.fi Careers Page](https://www.ether.fi/careers)
2. [ether.fi Security Doctrine Blog](https://www.ether.fi/blog/non-custodial-actively-defended)
3. [Tracxn - ether.fi Company Profile](https://tracxn.com/d/companies/etherfi/__ybuswctFLX6Yyk0tndtj8aoDimNowhN3z_XQDPgnARo)
4. [Jobera - ether.fi Careers](https://jobera.com/employer/ether-fi/)
5. [ether.fi Jobs on Ashby](https://jobs.ashbyhq.com/ether.fi)

## Other roles at Ether.fi

- [KOL and Social Manager](https://feeny.ai/job/kol-and-social-manager-ether-fi-cayman-islands-2dw7ryjz0y4d) — Cayman Islands
- [Head of Performance Marketing](https://feeny.ai/job/head-of-performance-marketing-ether-fi-cayman-islands-8rwe0kngmtcr) — Cayman Islands
- [Blockchain Engineer](https://feeny.ai/job/blockchain-engineer-ether-fi-cayman-islands-sksnn2tbkyf5) — Cayman Islands
- [Software Engineer: Credit Card/Fraud](https://feeny.ai/job/software-engineer-credit-card-fraud-ether-fi-new-york-jynqeb4rzj9a) — New York, NY
- [Head of Ecosystem & Partnerships](https://feeny.ai/job/head-of-ecosystem-partnerships-ether-fi-cayman-islands-v2je5k678km7) — Cayman Islands
- [Fraud Engineer](https://feeny.ai/job/fraud-engineer-ether-fi-new-york-xa438zcavkrz) — New York, NY
- [Senior Frontend Engineer](https://feeny.ai/job/senior-frontend-engineer-ether-fi-cayman-islands-jy8j9v326k31) — Cayman Islands
- [Security Engineer](https://feeny.ai/job/security-engineer-ether-fi-cayman-islands-tztb3kb47rec) — Cayman Islands
- [Smart Contract Lead](https://feeny.ai/job/smart-contract-lead-ether-fi-new-york-y7nb97z7sg7n) — New York, NY
- [Fraud Lead (Scam Hunter)](https://feeny.ai/job/fraud-lead-scam-hunter-ether-fi-new-york-ggw0merc1p78) — New York, NY