Accountant, Square Financial Services

Block

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profile Job Location:

Salt Lake, UT - USA

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Since we opened our doors in 2009 the world of commerce has evolved immensely and so has Square. After enabling anyone to take payments and never miss a sale we saw sellers stymied by disparate outmoded products and tools that wouldnt work together.

So we expanded into software and started building integrated omnichannel solutions to help sellers sell online manage inventory offer buy now pay later functionality book appointments engage loyal buyers and hire and pay staff. Across it all weve embedded financial services tools at the point of sale so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth enabling sellers to capture the next generation shopper increase order sizes and compete at a larger scale.

Today we are a partner to sellers of all sizes large enterprise-scale businesses with complex operations sellers just starting as well as merchants who began selling with Square and have grown larger over time. As our sellers grow so do our solutions. There is a massive opportunity in front of us. Were building a significant meaningful and lasting business and we are helping sellers worldwide do the same.

The Role

SFS has launched a search for an SFS Accountant who will report to the SFS Controller. You will be responsible for accounting functions and financial oversight to ensure financial records are complete and accurate.

You Will

  • Prepare journal entries and month end account reconciliations
  • Aid in conducting the month end close process for SFS including commentary and flux analysis
  • Provide updates on account reconciliations and aged items
  • Participate in the preparation of regulatory filings including Audited Standalone financial statements and quarterly Call Report
  • Assist in preparation of financial reporting disclosures to Block Inc. team for SEC filings (10Q/K)
  • Address inquiries related to Bank financials and board reports
  • Maintain documentation to support compliance with SOX and regulatory requirements
  • Implement enhancements and improvements to processes
  • Aid the Bank with statutory audits by facilitating requests from internal and external auditors as well as bank regulators
  • Partner with Block Inc.s Accounting Procurement Finance & Strategy Tax Counsel and Treasury teams to ensure the Banks operational needs are met
  • Prepare documentation of controls to ensure compliance with internal control environment
  • Partner with Product Engineering Finance & Strategy Tax Counsel and Treasury teams to ensure that SFSs operational needs are met

You Have

  • 3 years of related work experience in accounting and finance; Financial Services specific accounting and regulatory experience highly preferred but not required
  • Bachelors degree in Finance Accounting Economics CPA or MBA preferred but not required
  • A process-driven approach with natural curiosity
  • Efficient improvement-focused and detail-oriented
  • Proficiency in leveraging AI tools and technologies to enhance productivity and solve complex problems
  • Working knowledge of Regulation W including related-party transactions is highly preferred
  • Passion for Block and desire to help customers
  • Team player who is able to work on a variety of projects simultaneously
  • Candidate must have a strong work ethic and excel in a fast-paced environment

Were working to build a more inclusive economy where our customers have equal access to opportunity and we strive to live by these same values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We also consider qualified applicants with criminal histories for employment on our team and always assess candidates on an individualized basis.

We believe in being fair and are committed to an inclusive interview experience including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter who will treat these requests as confidentially as possible. Want to learn more about what were doing to build a workplace that is fair and square Check out our ID page.

Block will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and fair chance ordinances.

Since we opened our doors in 2009 the world of commerce has evolved immensely and so has Square. After enabling anyone to take payments and never miss a sale we saw sellers stymied by disparate outmoded products and tools that wouldnt work together.So we expanded into software and started building i...
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Key Skills

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About Company

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Made up of Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto, Block, Inc. builds technology to increase access to the global economy.

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