Block
Our purpose is economic empowerment.
Remote

Assistant Controller

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Employer Provided Salary: 123,400-223,100 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

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.
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What are Block Perks + Benefits

Block Benefits Overview

At Block, we want to provide you with benefits, perks, and offerings that empower you to make choices for your life and what matters to you. We understand the importance of having quality care. So, whatever stage of life you’re in, we offer coverage and plans to support total health — physical, mental, and financial — for you and your family.

Culture
Volunteer in local community
Partners with nonprofits
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Employee-led culture committees
Hybrid work model
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Diversity recruitment program
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Wellness days
Abortion travel benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Pay transparency
Child Care & Parental Leave
Childcare benefits
Generous parental leave
Family medical leave
Adoption Assistance
Fertility benefits
Vacation + Time Off
Generous PTO
Paid holidays
Paid sick days
Flexible time off
Floating holidays
Bereavement leave benefits
Office Perks
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Relocation assistance
Fitness stipend
Professional Development
Job training & conferences
Lunch and learns
Promote from within
Mentorship program
Online course subscriptions available
Customized development tracks
Personal development training
Virtual coaching services
Apprenticeship programs

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