Cost Accountant - Hardware

  • Full-time

Company Description

We believe everyone should be able to participate and thrive in the economy. So we’re building tools that make commerce easier and more accessible to all. We started with a little white credit card reader but haven’t stopped there. Our new reader helps our sellers accept chip cards and NFC payments, and our Cash app lets people pay each other back instantly. We’re empowering the independent electrician to send invoices, setting up the favorite food truck with a delivery option, helping the ice cream shop pay its employees, and giving the burgeoning coffee chain capital for a second, third, and fourth location. Let’s shorten the distance between having an idea and making a living from it. We’re here to help sellers of all sizes start, run, and grow their business—and helping them grow their business is good business for everyone.

Job Description

The Block Accounting team is looking to hire an International Cost Accountant that will be an integral part of our growing team. As Block continues to expand its presence around the globe, we're looking to bring in an individual who will be a key part of the team in accounting for our hardware team. Our global supply chain model uses a contract manufacturing model, experience in this area is preferred.

You will:

  • Collaborate cross-functionally with business operations to ensure accurate monthly financial closing, these areas include but are not limited to calculations and analyses of inventory balances, warranty reserves, capital expenditures, margin analysis, R&D operating expenses and other inventory reserve accounts

  • Prepare detailed account analysis, balance sheet reconciliations for respective GL accounts, COGS reconciliation and cost proof for month end financial review

  • Collaborate with the Operations team to resolve inventory discrepancies by performing reconciliation with 3PL, Vendor shipments, and analyzing Goods in Transit.

  • Analyze and validate the cost of goods sold (and deferred cost of goods sold) as part of the month-end close

  • Perform standard cost review quarterly and work closely with Operations to review changes and impacts

  • Take part in the quarter-end and year-end audit including physical inventory at 3PL

  • Collaborate cross-functionally with the business operations and business systems teams for process improvements and automation in the supply chain and inventory modules of Oracle

  • Review SOX controls and process documents to ensure adherence of internal controls and ensure process integrity with Cost/Inventory and work with team members to resolve process issues and implement process improvements

  • Support quarterly reviews and annual audits performed by external auditors

Qualifications

You have:

  • 2+ years accounting experience in a public company environment.

  • Understanding of Cost Accounting, Supply Chain and Operations

  • Experience working with consumer electronics or channel partner relationships desirable

  • Experience working with ERP system such as Oracle R12 or SAP

  • Experience with financial and operational controls

  • Experience implementing process improvements

  • Demonstrated experience in systems skills-Intermediate MS excel (can maintain complex spreadsheets)

  • Passion for Square. Strong interest in technology / knowledge of the industry

  • Bachelor's degree in Accounting, Finance, Economics, or a related field

Additional Information

At Square, our purpose is to empower – within and outside of our walls. In order to build the best tools for the businesses and customers we support all over the world, we have to start at home with a workforce as diverse and empowered as our sellers. To this end, we take great care to evaluate all employees and job applicants equally, based on merit, competence, and qualifications. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by law. We encourage candidates from all backgrounds to apply and always consider qualified applicants with arrest and conviction records, in accordance with the San Francisco Fair Chance Ordinance. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at)squareup.com. We will treat your request as confidentially as possible. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.

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.

Perks

We want you to be well and thrive. Our global benefits package includes:

  • Healthcare coverage
  • Retirement Plans
  • Employee Stock Purchase Program
  • Wellness perks
  • Paid parental leave
  • Paid time off
  • Learning and Development resources

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.

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