People Matter

Head of Central Square Finance & Strategy

SquareUp

SquareUp

Accounting & Finance
San Francisco, CA, USA
Posted on Thursday, June 6, 2024

Company Description

Since we opened our doors in 2009, the world of commerce has evolved immensely, and so has Square. After enabling anyone to take payments and never miss a sale, we saw sellers stymied by disparate, outmoded products and tools that wouldn’t work together.

So we expanded into software and started building integrated, omnichannel solutions – to help sellers sell online, manage inventory, offer buy now, pay later functionality through Afterpay, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.

Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.

Job Description

Finance & Strategy improves financial and operational decision-making across Block. Our team’s core value is trust – we build it by making what is complex simple, and we do it with analysis that is accurate and easy-to-understand. Partners appreciate our insight and trust us to help solve difficult problems. We believe good ideas can come from anywhere, and we’ll rely on you to work with others, form intelligent opinions, and present your thoughts to decision-makers and company executives.

As Head of Square Central Finance & Strategy, you will report into the Square CFO and lead planning and reporting for the Square Business, representing over $3B in annual topline contribution to Block, across more than 30 products across 8 countries. You will also play a lead role in our Block/Square Finance systems transformation.

You will:

  • Oversee the consolidated P&L, and influence key decision makers in the Company to deliver on long-term growth and profitability of the Company

  • Identify important risks and opportunities, and collaborate directly with the business to assess impacts, propose solutions, evaluate and investment cases

  • Design and own the operating plan, which includes long range planning, annual planning, quarterly forecasting, and monthly management reporting of financial performance.

  • Prepare presentations for Company executives and the Board of Directors on the business strategy, plans, and performance

  • In collaboration with the people team, manage and drive our workforce strategy

  • Drive our analytics and reporting infrastructure within Square, while also being the primary point of contact from the segment for our overall Block Finance data infrastructure initiatives

  • Partner closely with functional leads within Square Finance & Strategy (F&S)including, Product and Go-to-Market (GTM) to build the appropriate growth investments into our products and ecosystem. This role will be a critical link toward clearer alignment between Square F&S and Corp F&S

  • Partner closely with Corp F&S (FP&A) to drive investments across the P&L and enhance the efficacy of our reporting capabilities for internal and external stakeholders.

  • Partner with and support the Square CFO on special projects impacting the Square BU & Block business.

  • Be a senior leader within the Square F&S organization and drive development, scale and innovation across all Square F&S functions.

  • Partner closely with finance stakeholders across Foundational on cross functional projects that drive impact for Square and Block.

  • Lead, manage, and scale the Central F&S team, including a small team of data scientists. Provide the necessary coaching and organizational structure to ensure FP&A operates as best-in-class

Qualifications

You have:

  • 15+ years of relevant experience, in FP&A, strategic finance, investment banking a plus, or 12+ years of experience with a Master's

  • Demonstrated results working well across various teams with strong project management skills to coordinate between multiple groups in order to deliver projects on time

  • Excellent verbal and written communication skills, coupled with the ability to summarize detailed information in order to make actionable recommendations

  • Advanced proficiency in data insights, analytics, and storytelling

  • Process design and transformation experience

  • Experience managing a high-performing team through hiring and coaching

  • Commitment to Square’s purpose of Economic Empowerment

Even better:

  • Experience with SQL or comfort working with large datasets

  • Experience influencing large and senior stakeholders

  • Experience leading finance transformation efforts and/or implementing ML applications for financial functions

  • Experience with software, internet, or financial technology industry

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 $263,600 - USD $395,400
Zone B: USD $263,600 - USD $395,400
Zone C: USD $263,600 - USD $395,400
Zone D: USD $263,600 - USD $395,400

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.

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.

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.