- Monitor collateral for all Reg W Covered Transactions and coordinate with Treasury to ensure sufficient collateral is available.
- Perform monthly Reg W reporting, including affiliate transaction reporting and delayed settlement monitoring.
- Submit inter-company invoices for settlement.
- Support program examinations and reviews conducted by Compliance, Internal Audit, and Regulators.
- Write risk assessments and draft and update procedures.
- Book journal entries during month-end close
- Perform monthly account reconciliations
- Run monthly intercompany accounting reporting and engage with stakeholders at SFS and Block, Inc. to clear balances.
- Assist with operational accounting and financial reporting tasks.
- A demonstrated work ethic and willingness to dive into the details to solve identified problems in a timely manner
- 4+ years of related work experience in Banking or Financial Services
- Strong quantitative analysis skills.
- Efficient, improvement-focused, and detail-oriented
- Bachelor's degree in Finance, Accounting, Economics, Business Administration or other related field preferred
- Specific accounting and regulatory experience in Financial Services
- Experience with Regulation W
- Experience with Banking Regulations
- Experience working under a regulated financial institution or Fintech
- 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 (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
-
Reg W Accountant, SFS
1 week ago
Square Salt Lake City, United States Full timeCompany 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 — prov ...
-
Reg W Accountant, SFS
3 weeks ago
Block USA Salt Lake City, United StatesBlock 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 at the corp ...
-
Reg W Accountant, SFS
1 month ago
Block Salt Lake, United States Full timeCompany 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 - provi ...
-
WE Communications Salt Lake City, United StatesWhat We Need · Senior Strategist, PR & Communications · You'll be responsible for designing integrated marketing campaigns for some of the world's most exciting technology companies. · About Us · Codeword is a communication design agency that helps brands create breakthrough ...
-
Business Development
3 weeks ago
Block USA Salt Lake City, United StatesSquare Financial Services, Inc ("SFS") is Block's bank. We opened in March 2021 and provide lending and FDIC insured deposits services to small businesses on a nationwide basis. The SFS Product & Strategy team enables the bank with modern infrastructure and high-quality services. ...
-
Data Analyst
1 week ago
Square Salt Lake City, United StatesCompany Description · Square Financial Services (SFS) · 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 Infrastr ...
-
Sr. IT Risk Specialist
2 weeks ago
Federal Reserve Bank (NY) Salt Lake City, United StatesCompany · Federal Reserve Bank of San FranciscoWe are the San Francisco Fed, public servants with a congressionally mandated mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, a ...
-
Senior Examiner
1 week ago
Federal Reserve Bank of Cleveland Salt Lake City, United StatesCompany · Federal Reserve Bank of San Francisco · We are the Federal Reserve Bank of San Francisco-public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and ...
-
US Department of Transportation Salt Lake City, United StatesSummary · Serves as a Safety and Occupational Health Specialist (OSHS) for the Technical Operations, Technical Services Organization with overall authority and responsibility for compliance with federal, state and local Environmental and Occupational Safety and Health regulations ...
-
Inspector- Fire Alarm
2 weeks ago
Summit Fire & Security Salt Lake City, United StatesJob Description · Job DescriptionWe are Looking for Certified Inspectors Join a Growing Team · Now Offering Sign on Bonus's from $1000 - $2500 (depending on license level/experience) · Are you interested in working for the nation's leading fire protection company and beginning a ...
-
Sr. Manager, Facilities
2 weeks ago
Federal Reserve Bank of Cleveland Salt Lake City, United StatesCompany · Federal Reserve Bank of San Francisco · We are the Federal Reserve Bank of San Francisco-public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and ...
-
Compliance Policy
1 day ago
Block Salt Lake City, United StatesBlock 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 at the corp ...
-
Federal Reserve Bank of Cleveland Salt Lake City, United StatesCompany · Federal Reserve Bank of San Francisco · We are the Federal Reserve Bank of San Francisco-public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and ...
-
Facilities Engineer
2 weeks ago
Federal Reserve System Salt Lake City, United States**Company** · Federal Reserve Bank of San Francisco · We are the Federal Reserve Bank of San Francisco-public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, a ...
-
Estimator - Mission Critical
2 weeks ago
Big D Companies Salt Lake City, United StatesBig-D is looking for a dynamic Estimator - Mission Critical. This is a great opportunity to start a career with a company that is on a mission to be the most sought-after company in the business. We seek and employee exceptional, hard-working, lifetime learners; we give them the ...
-
Estimator
2 weeks ago
Hughes General Contractors North Salt Lake, United StatesHughes General Contractors, Inc. is a longstanding family owned business with over 65 years of experience, depth of knowledge and tradition. We are known within the industry for our outstanding employee culture and a business model offering steady, year-round employment. · We ar ...
-
Estimator - Mission Critical
1 week ago
Big-D Salt Lake City, United StatesBig-D is looking for a dynamic Estimator - Mission Critical. This is a great opportunity to start a career with a company that is on a mission to be the most sought-after company in the business. We seek and employee exceptional, hard-working, lifetime learners; we give them the ...
-
Senior Estimator
1 week ago
Big-D Salt Lake City, United StatesBig-D is looking for a dynamic Senior Estimator. This is a great opportunity to start a career with a company that is on a mission to be the most sought-after company in the business. We seek and employee exceptional, hard-working, lifetime learners; we give them the tools to suc ...
-
Estimator
2 days ago
Hughes General Contractors Salt Lake City, United StatesHughes General Contractors, Inc. is a longstanding family owned business with over 65 years of experience, depth of knowledge and tradition. We are known within the industry for our outstanding employee culture and a business model offering steady, year-round employment. · We ar ...
-
Sr Cloud Engineer
3 days ago
Federal Reserve System Salt Lake City, United States Full timeCompany · Federal Reserve Bank of San FranciscoWe are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and ar ...
Reg W Accountant, SFS - Salt Lake City, United States - Block
Description
Job Description
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 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 programs, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
Square Financial Services, Inc. (SFS) is Block's bank. We opened in March 2021 and provide lending and FDIC-insured deposit products to small businesses on a nationwide basis.
The Reg W Accountant will be responsible for ensuring that Block's financial transactions and policies comply with Regulation W of the Federal Reserve Board of Governors. This role will involve close coordination with various teams within Block and SFS, including Legal, Compliance, and Finance, to monitor and report on affiliate transactions and ensure adherence to regulatory requirements.
Reg W Responsibilities:
Accounting Responsibilities:
Required Qualifications:
Nice to have:
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 $88,100 - USD $132,100
Zone B: USD $82,000 - USD $123,000
Zone C: USD $75,000 - USD $112,400
Zone D: USD $66,100 - USD $99,100
Full-time employee benefits include the following:
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.
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.
&v=024){kind=logo}
