Tax Director, Block
Tax Provision & Reporting
$198-297k
+ Employee Stock Purchase Program and eligibility for equity
Financial services ecosystem
Open for applications
Financial services ecosystem
1001+ employees
Open for applications
$198-297k
+ Employee Stock Purchase Program and eligibility for equity
1001+ employees
Company mission
To create better tools to help everyone access the economy.
Role
Who you are
- You are an experienced tax professional with corporate income tax provision experience and supervisory skills
- A Bachelor's degree in accounting, finance, or related discipline
- CPA license and/or Masters of Taxation Degree
- 12+ years of income tax provision & compliance experience with a combination of public accounting firm and industry experience
- Experience with ASC 740 and US GAAP
- Working knowledge of IFRS and IAS 12
- Project management and work plan experience
- Experience with Onesource Tax Provision, Oracle, Hyperion/FCCS, Blackline, Excel, Alteryx
What the job involves
- As the Tax Director for Tax Provision & Reporting, you will manage and review global corporate income tax provision for Block’s financial statements
- Manage and review Block’s quarterly and annual worldwide tax provision under ASC 740, including related UTP documentation, Non-GAAP provision, and tax footnotes and disclosures for Block’s SEC financial statements
- Manage and review Block’s quarterly FIN 48 (Uncertain Tax Position) work papers and memos
- Manage and review Block’s non-US statutory provisions and financial statements prepared under IAS 12 and local GAAP
- Collaborate and engage with external auditors to ensure efficient financial statement close and tax SOX controls processes
- Review month-end and quarter-end balance sheet reconciliations for income tax accounts
- Manage the forecasted effective tax rate process
- Monitor and advise on emerging US GAAP and Local GAAP guidance and income tax law changes that are relevant to Block
- Identify potential areas of risk/opportunity related to the tax provision , and present summaries to internal and teams
- Oversee and develop staff on important tax and ASC 740 concepts, and provide performance reviews/feedback
- Maintain the income tax budget, and assist with administrative matters
- Partner with tax, accounting, and finance teams within Block and outside service providers to ensure accuracy of data and timeliness of financial statement reporting
- Contribute to the transformation of the income tax function to scale for growth, which includes tax technology adoption, process simplification and standardization, and the use of data and technology
- Manage and review the tax provision and reporting aspects of mergers & acquisitions, internal reorganizations, financial instrument issuances and settlements, and other speciality areas
- Provide ad hoc support to the Tax Compliance and Tax Advisory teams on multiple business and tax-driven projects
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
Insights
Few candidates hear
back within 2 weeks
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
Articles
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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