Job Description
Summary
The SFS Accounting team is looking to hire a Bank Accountant based 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 loan activity and operational activities are appropriately captured and accounted for in our financial statements. The ideal candidate will be highly analytical and able to work in a collaborative and fast-paced environment. We are open to having this role be full-time remote but this role will support our team based in Mountain Time and will be expected to be available during the team's core hours.
You Will
- Partner with engineering and product teams to build scalable revenue recognition and reconciliation processes in Oracle and/or other newly developed systems
- Review loan revenue recognition processes/procedures, and implement process improvements to improve efficiency and timeliness of the close and reporting
- Prepare journal entries, reconciliations and supporting schedules related to product and operational activities for SFS
- Manage and implement automation process for accounting system (Oracle, Blackline)
- Prepare standalone Financial Statements and Call Report and supporting 10Q/10K reporting.
- Interface with Technical Accounting, Internal Audit and the Company’s independent public accounting firm on technical accounting matters
- Continuously improve business processes, systems, and enhance documentation and controls as part of our SOX compliance efforts
- Partner with Block Inc.’s Accounting, Procurement, Finance & Strategy, Tax, Counsel and Treasury teams to ensure the Bank’s operational needs are met
- Support quarterly reviews and annual audits performed by external auditors and regulatory agencies
- Document product and process flows with various product engineering and financial teams
- Complete special projects as needed
You Have
- 4+ year of accounting experience
- Previous role(s) should include internal or external audit, GL accounting, and/or revenue accounting
- Bachelor’s degree in accounting or finance, CPA a plus
- Experience in designing SOX controls for financial and operational processes desired
- Experience in creating new reconciliation procedures and new systems implementation desired
- Technical knowledge and practical knowledge of loan accounting
- A solid understanding of accounting concepts including but not limit to accrual entries and debits and credits
- Ability to work independently
- Passion for the fintech industry. Strong interest in technology/knowledge of the industry
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 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.
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.
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.
Zone A:
$88,100—$132,100 USD
Zone B:
$82,000—$123,000 USD
Zone C:
$75,000—$112,400 USD
Zone D:
$66,100—$99,100 USD
Skills
- Accounting
- Strategic Thinking