Company Description
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.
Job Description
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.
Qualifications
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.
Qualifications
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.