Revenue Accountant, Block
Cash App
$66.1-132.1k
+ Employee Stock Purchase Program; Salary dependent on location
Financial services ecosystem
Job no longer available
Financial services ecosystem
1001+ employees
Job no longer available
$66.1-132.1k
+ Employee Stock Purchase Program; Salary dependent on location
1001+ employees
Company mission
To create better tools to help everyone access the economy.
Role
Who you are
- The ideal candidate will be highly analytical and able to work in a collaborative and fast-paced environment
- Passion for Block. Strong interest in technology/knowledge of the industry
- Bachelor’s degree in accounting or finance, CPA preferred
- 3+ years of accounting experience
- Previous role(s) should include internal or external audit, GL accounting, and/or revenue accounting
- Strong technical expertise in GAAP
- Proficient in Excel, including advanced functions like VLOOKUP, and adept at creating complex manipulations for data analysis and reporting - SQL experience a plus
- Oracle Cloud experience a plus
What the job involves
- The Block Accounting team is looking to hire a Revenue Accountant based in San Francisco bay area or remotely that will be an integral part of our growing team
- This role is responsible for partnering closely with the product and systems teams to ensure that business activities are appropriately captured and accounted for in our financial statements
- Be in the mindset to take on new tasks, operationalize and refine them, and move on to new additional responsibilities
- Partner with engineering and product teams to build scalable revenue recognition processes in Oracle
- Review current revenue recognition processes/procedures, and implement process improvements to improve efficiency and timeliness of the close and reporting
- Prepare month-end journal entries, reconciliations and supporting schedules related to Square and Cash App lending products
- Reconcile intercompany balances and establish processes for current and future state intercompany transactions
- Interface with Internal Audit and the Company’s independent public accounting firm on technical accounting matters
- Work closely with Technical Accounting, internal audit, Accounting, Tax, Counsel, and Treasury teams to ensure day-to-day international operational needs and compliance requirements are met
- Continuously improve business processes, systems, and enhance documentation and controls as part of our SOX compliance efforts
- Work with diverse and cross functional teams, domestically and internationally
- Partner with Square’s Finance & Strategy team to investigate variances between actual results and forecasts, and assist in the budgeting process as needed
- Support quarterly reviews and annual audits performed by external auditors
- Complete special projects as needed
Application process
- 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
Our take
Block is a financial services technology company comprising of Square, Cash App, Spiral, TIDAL, and TBD. Its biggest brand, Square, offers hardware and software for small to medium-sized businesses enabling them to manage the entire payment lifecycle. It functions similarly to Shopify and Stripe, but has paired online payment processing with physical devices such as registers, payment terminals, and mobile card readers.
The business was originally founded as Square in 2009 by Jack Dorsey of Twitter fame. Already well-established with SMEs all over the globe, Square has significantly benefited from the increased demand for mobile payment systems. Its order management feature remains a go-to tool for small businesses that otherwise didn't have the proper infrastructure in place when demand for home delivery surged.
Square rebranded as Block in December 2021, with the Square brand name remaining in place for their seller business. The company has since come under fire for its security practices, facing lawsuits in relation to a major breach of CashApp user data, and in 2024 announced plans to reduce its workforce in order to cut costs. Despite these setbacks, there is every chance the business will move past this, though it may take some time to rebuild trust in its product.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
19% employee growth in 12 months
Company
Company benefits
- 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
Company HQ
SoMa, San Francisco, CA
Leadership
Jack Dorsey
(CEO)Having studied at and dropped out of New York University, Jack founded Twitter in March 2006, where he has served as CEO since. He co-founded Square with Jim in February 2009, and has remained its CEO ever since.
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