Accountant - Square Financial Services

  • Salt Lake City, UT, USA
  • Full-time

Company Description

Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square.

Job Description

From day one, we've aimed to create economic empowerment for all businesses. We're now taking the next step by creating banking specifically for small businesses. Our bank (Square Financial Services) was launched in March 2021, and offers small business loans and deposit products. You'll be on the forefront of establishing and growing a bank that allows for all businesses to thrive. We can't wait to see your ideas come to life.

The Accountant for Square Financial Services (SFS) will report directly to the Accounting Manager. You will provide accounting and financial oversight and will ensure SFS financial records are complete and accurate. This position is eligible for Square's permanent work from home policy but has to be based in the Salt Lake City area of Utah. We offer paid relocation assistance for candidates relocating to the area.

You Will:

  • Manage accounting processes for Square's bank subsidiary, Square Financial Serivces
  • Prepare journal entries and month-end account reconciliations
  • Work with Square's corporate accounting team to provide updates and analyses for the Bank entity during close meetings
  • Help prepare the bank's regulatory filings including the Call Report
  • Aid the bank with statutory audits by facilitating requests from internal and external auditors and bank regulators
  • Maintain documentation to support compliance with regulatory requirements
  • Manage accounts payable activities working with Square's AP department
  • Partner with Square's corporate Accounting, Procurement, Finance & Strategy, Tax, Counsel and Treasury teams to ensure the bank's operational needs are met
  • Implement enhancements and improvements
  • Process and document controls to ensure FDICIA compliance with internal control environment

Qualifications

You Have:

  • You have 3+ years of related work experience in accounting and finance;
  • You have your Bachelor's degree in Finance, Accounting, Economics, or related; MBA or CPA preferred
  • You have a high-level understanding and implementation of a control environment
  • You have bank specific accounting and regulatory experience
  • You can perform operational and strategic work
  • You have proficiency in accounting research

Additional Information

At Square, we value diversity and always treat all employees and job applicants based on merit, qualifications, competence, and talent. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of 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
  • Wellness perks
  • Paid parental leave
  • Paid time off
  • Learning and Development resources

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. Square 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, 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.

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Perks

At Square, 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

Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Individuals use Cash App to spend, send, store, and invest money. And TIDAL is a global music and entertainment platform that expands Square's purpose of economic empowerment to artists. Square, Inc. has offices in the United States, Canada, Japan, Australia, Ireland, Spain, Norway, and the UK.

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