Full-Time

Tax Director

Tax Provision & Reporting

Posted on 8/15/2024

Square

Square

5,001-10,000 employees

Payment and POS solutions for businesses

Fintech
Financial Services

Expert

San Francisco, CA, USA

Category
Tax Accounting
Accounting
Required Skills
Mergers & Acquisitions (M&A)
Oracle
Requirements
  • 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
Responsibilities
  • 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 specialty areas.
  • Provide ad hoc support to the Tax Compliance and Tax Advisory teams on multiple business and tax-driven projects.

Square provides payment and point-of-sale (POS) solutions for businesses, particularly small to medium-sized enterprises (SMEs) like retail stores and restaurants. Its main product is a POS system that includes card readers and a software platform, enabling businesses to accept various payment methods such as credit cards and mobile payments. Square also offers additional services like invoicing, payroll management, and business analytics, making it a comprehensive tool for managing business operations. What sets Square apart from competitors is its user-friendly design and transparent fee structure, which charges a small fee per transaction processed. The company's goal is to empower SMEs by simplifying payment processing and business management.

Company Stage

IPO

Total Funding

$601.2M

Headquarters

San Francisco, California

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Square's partnership with Sysco enhances its reach in the restaurant sector.
  • Embedded finance trends offer opportunities for Square to expand B2B services.
  • Square's new features for beauty and wellness sellers increase its market appeal.

What critics are saying

  • Increased competition from companies like Toast challenges Square's market share.
  • The rise of alternative digital payment platforms pressures Square to innovate.
  • Volatility in fintech stocks could impact investor confidence in Square.

What makes Square unique

  • Square offers a comprehensive suite of payment and POS solutions for SMEs.
  • The company provides user-friendly hardware and software for seamless business operations.
  • Square's transparent transaction fee structure appeals to small business owners.

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