Tax Director, Tax Provision & Reporting
- Full-time
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
As the Tax Director for Tax Provision & Reporting, you will manage and review global corporate income tax provision for Block’s financial statements. You are an experienced tax professional with corporate income tax provision experience and supervisory skills.
You Will:
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.
Qualifications
You Have:
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
Additional Information
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.
Zone A: USD $198,000 - USD $297,000
Zone B: USD $198,000 - USD $297,000
Zone C: USD $198,000 - USD $297,000
Zone D: USD $198,000 - USD $297,000
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.
Full-time employee benefits include the following:
- 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
These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.
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.
Block will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and “fair chance” ordinances. Because the material duties of this role involve direct or indirect access to sensitive personal or financial data, a criminal background check is required following a contingent offer of employment.
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.
While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.