Assistant Controller - Block

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

What you’ll do:

• Assist in the preparation and analysis of financial statements, including balance sheets, income statements, and cash flow statements.

• Support month-end and year-end close processes, ensuring timely andaccurate completion of financial reporting tasks.

• Collaborate with the Controller to develop and implement internal controls and procedures to safeguard assets and ensure compliance with regulatory requirements.

• Perform variance analysis and provide insights to senior management on financial performance metrics and trends.

• Coordinate with external auditors and regulatory agencies during audits and examinations.

• Maintain general ledger accounts and reconcile discrepancies as necessary.

• Interface with the Block Technical Accounting Team to research and resolve accounting issues related to the Bank.

• Assist in the preparation of monthly and annual standalone financial statements and disclosures for the Bank legal entity, compliant with US GAAP and statutory reporting requirements.

• Coordinate with the Block Accounting Team to provide Bank specific information to be included in the SEC 10-Q and 10-K filings. 

• Oversee the preparation of the Bank’s Call Report and other required regulatory filings in compliance with Federal Financial Institutions Examination Council's (“FFIEC”) statutory requirements.

• Assist in the preparation of annual budgets and forecasts, monitoring actual performance against budgeted targets.

• Provide support for ad-hoc financial analysis and special projects.

• Mentor and train junior staff members within the finance team.

What you’ll need:

• A demonstrated work ethic and willingness to dive into the details to solve identified problems in a timely manner.

• Bachelor's degree in Finance, Accounting, Economics, or related; MBA or CPA preferred.

• 10 or more years of progressive accounting experience in financial services or a related industry.

• Detailed understanding and implementation of a control environment including SOX controls experience.

• Ability to collaborate with cross-functional stakeholders and ability to build and maintain strong working relationships with business partners.

• Well organized, detailed, analytical individual with the ability to multitask and prioritize conflicting demands.

• Experience in preparing financial statements and related disclosures. 

• Strong written and verbal communication skills.

Nice to have:

• Experience with BlackLine and Oracle Financials or similar ERP.

• Public Accounting experience.

• Public company SEC reporting experience.

• Strong technical accounting knowledge and public company best practices.

• Bank experience.

• FFIEC regulatory reporting preparation experience.

• Direct experience with bank regulatory examiners.

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $148,700 - USD $223,100

Zone B: USD $138,300 - USD $207,500

Zone C: USD $130,900 - USD $196,300

Zone D: USD $123,400 - USD $185,200

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information. 

Full-time employee benefits include the following:

• Healthcare coverage (Medical, Vision and Dental insurance)
• Health Savings Account and Flexible Spending Account
• Retirement Plans including company match 
• Employee Stock Purchase Program
• Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance 
• Paid parental and caregiving leave
• Paid time off (including 12 paid holidays)
• Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees) 
• Learning and Development resources
• Paid Life insurance, AD&D, and disability benefits 

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

US and Canada EEOC Statement

We’re 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 a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. 

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 we’re doing to build a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

We’ve noticed a rise in recruiting impersonations across the industry, where individuals are sending fake job offer emails. Contact from any of our recruiters or employees will always come from an email address ending with @block.xyz, @squareup.com, @tidal.com, or @afterpay.com, @clearpay.co.uk.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.