International Accounting Lead

  • San Francisco, CA
  • Full-time

Company Description

We believe the economy is better when everyone has access. When everyone has room to grow. No one should be left out because the cost is too great or the technology too complex. We started with a little white credit card reader but haven’t stopped there. 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. 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 International Accounting Lead is a key hire for the accounting organization as Square continues to grow its footprint around the world. This position will be based either in San Francisco, CA or Oakland, CA. The successful candidate provides accounting, financial and operational oversight for our international entities, and is primarily responsible for the completeness, accuracy and compliance of all financial records for multiple legal entities. This position is responsible for accounting close related activities, and ensuring that all international entities’ financial close and reporting process are consistent with US GAAP for consolidation purposes and local GAAP for statutory audit filing requirements. 

This position will also manage our outsourced accounting support team based in Dublin, Ireland, as well as the internal International Accounting team. This candidate in conjunction with the International Accounting team will lead the month end reporting process for international entities, prepare and review various financial reports, reconciliations and research as needed, analyze individual country financial data, present financial data to the international boards, optimize financial systems and the migration to Oracle Cloud and assist in ad hoc projects as needed. This person is a high profile business partner for Business Operations, Tax, Treasury, Internal Audit, Counsel and Corporate Accounting and is a key resource for setting up and maintaining new legal entities and business processes. The ideal candidate will have 8-10 years of experience and be exceptionally organized, resourceful, detail-oriented, possess excellent written and verbal communication skills.

You will:

  • Lead the monthly international consolidation and elimination process, including review of related journal entries

  • Review monthly balance sheet reconciliations and flux analysis for all international entities

  • Assist in corporate quarterly and annual auditors’ reviews with regards to international reporting, provide reconciliation support to help facilitate an optimal audit process and assist with international regulatory compliance

  • Lead the statutory audit compliance for our foreign subsidiaries and partner with our external auditors to ensure rigid compliance to our timetable.

  • Manage the external accounting back-office service provider that is based in Dublin, Ireland and lead regular updates with them

  • Review financial and operational information with our international board of directors 

  • Review statutory financial reports and accounts, and work with local entities to bridge statutory financial and tax books to U.S. GAAP

  • Ensure intercompany agreements’ are appropriately operationalized,  intercompany balances are reconciled, settlements are paid accurately and provide updates and analyses for all international entities during monthly close meetings

  • Manage and mentor the International Accounting Team

  • Partner with the Tax team in reviewing and booking transfer pricing journal entries, ensuring the corporate departmental structure correctly aligns to the intercompany tax agreements

  • Maintain proper accounting and supporting documentation for local country tax refunds/credits

  • Prepare, maintain and reconcile monthly foreign exchange transactions and related gains/losses

  • Prepare and distribute monthly transfer pricing surveys and collate data to record proper transfer pricing accounting entries

  • Research international accounting guidance, assess ASC 830 requirements and develop policies and procedures that are aligned to GAAP guidance

  • Ensure that appropriate internal controls over operations and financial reporting are in place to reduce risk and secure corporate assets

  • Develop and propose new policies and procedures where applicable

  • Develop working relationship to collaborate with Corporate Accounting, Finance, Accounts Payable, Payroll, Tax, international leadership teams and Treasury to meet day-to-day operational needs

  • Maximize operational efficiencies and architect processes with Payments and Business Process Engineering and assist in the roll out of Oracle Cloud intercompany modules and subledgers

  • Work closely with Revenue and Technical Accounting to ensure existing and new product offerings align with current revenue recognition guidance

  • Perform other duties and ad hoc requests as needed

Qualifications

You have:

  • Bachelor’s degree in Accounting or Finance; CPA preferred

  • 8-10+ years of industry experience with heavy bias to international accounting

  • Operated in a public company environment with a working knowledge of optimizing the internal control environment and SOX compliance 

  • Deep knowledge of GAAP (U.S. and international), IFRS knowledge is a plus

  • Accounting experience in a multi-country/currency environment

  • Experience with major ERP system, Oracle R12/Oracle Fusion/Hyperion preferred

  • Ability to analyze financial statements/schedules and write commentary to explain results/variances in a concise and clear manner

  • Strong analytical and creative problem solving skills, ability to link information together, and solution oriented individual

  • Demonstrated proficiency in accounting research

  • Strong leadership and the ability to work well with people at various levels (including non-financial people)

  • Scale and process-oriented with sound judgment, high attention to detail, accuracy, and follow-through

  • Ability to identify areas for efficiency improvements and create change where necessary

  • Must be adaptable, able to multitask and take on additional responsibilities as necessary

  • Gain cooperation through discussion, influence and persuasion

  • Passion for data integrity, process definition and organizational alignment

  • Possesses energy, enthusiasm to drive results; action oriented

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

#LI-MS1

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. 

Perks

At Square, we want you to be well and thrive. Our global benefits package includes:

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