Job Description
We are looking for an Equity Accounting Manager to oversee our equity accounting function, reporting to our Head of Financial Reporting.
The ideal candidate must have a strong understanding of equity accounting under US GAAP and IFRS, be comfortable and confident navigating through complex equity arrangements, have outstanding communication and writing skills, be attentive to details, and be able to prioritize and manage multiple tasks. The candidate will need to demonstrate the ability to develop strong working relationships with cross-functional partners, including stock administration team, as well as partners in different jurisdictions. This candidate will also be responsible for developing and growing the equity accounting function.
This position can sit in any Block office in the US or be full-time remote from any US state with the exception of Alaska.
YOU WILL:
Prepare/review all equity-related disclosures of the Company’s primary SEC filings including Forms 10K, 10Q and Earnings Release including: the Statement of Stockholders’ Equity, Earnings-Per-Share calculation, equity footnote
Build out the equity accounting team including hiring and training needed staff and creating and updating written processes and guidelines
Support M&A team on equity aspects of acquisitions;
Manage equity accounting under both US GAAP and local GAAP and statutory reporting requirements for our subsidiaries in different jurisdictions and accounting rules.
Oversee all equity inputs for monthly, quarterly and annual regulatory financial reporting for various regulated subsidiaries in the US
Prepare/Review monthly and quarterly accounting entries: stock-based compensation, including pushdown accounting to international and domestic subsidiaries, and associated reconciliations
Perform technical accounting research related to new stock plans in coordination with technical accounting team
Support the investor relations team by providing key financial metrics (ie. eps, share count) for the shareholders letter and other investor materials
Be responsible for the Company’s non-GAAP eps reporting
Coordinate with auditors on the audit and review of the annual and quarterly financial statements for all equity-related disclosures
Support the technical team on various transactions including acquisitions involving contribution of stock, new stock compensation plans, adoption of new standards, and other equity accounting matters
Qualifications
YOU HAVE:
8+ years of experience required
A Bachelor's Degree in Accounting or equivalent
CPA required
Public company experience required (preferably from working at a high growth disruptive public company, Financial Services / Payment Processor industry experience desirable but not a requirement)
Current understanding of relevant US GAAP, including recently issued accounting pronouncements, and SEC reporting principles and regulations
Familiarity with technical accounting areas, specifically; ASC 718, ASC 260, ASC 480, ASC 810
Familiarity with Oracle, Blackline, Hyperion/Essbase, Equity Edge and Workiva preferred
Experience with SOX 404 internal control assessment and risk assessment
Ability to bring a strong attention to detail and high degree of accuracy
Ability to react to changes quickly and handle pressure during period end
Additional Information
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 $152,100 - USD $185,900 Zone B: USD $141,500 - USD $172,900 Zone C: USD $133,800 - USD $163,600 Zone D: USD $121,700 - USD $148,700
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.
Benefits include the following:
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.
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, veteran status, 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, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.
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.