Head of Product, Financial Technology

Square

Square

IT, Accounting & Finance, Product
Jackson, CA, USA
Posted on Jun 6, 2024

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

The Foundational Engineering (Fe) Head of Product, Financial Technology role leads the Product organization responsible for Financial technology systems across Block, including Finance and Strategy (F&S), Controllership, Tax, Reconciliation, Treasury and Procurement. In this role, you will work with senior business stakeholders to understand and define the requirements for transforming how our financial systems function to enable our next wave of growth. Identifying automation opportunities by improving the underlying financial data platforms to enable AI and automation capabilities will be key to success. Key outcomes of this work will be automating our monthly close process, building new data products to provide our F&S team with higher quality data more quickly, and working across multiple business unit reconciliation processes to improve overall GL health. This position will work in a fast-paced, high-growth environment with aggressive timelines and often competing priorities. ​​The position will work across functional teams to identify dependencies and bring attention to risks associated with the work of other functional teams.

Success in this role will require creativity to re-imagine possible future processes that will enable our ability to scale through automation. The scope will include a range of financial planning requirements that will improve or create operational processes and automate key steps.

In addition, this role will be a leader in our Product function and help drive greater maturity of Fe’s Product model. This includes defining and managing success metrics, OKRs, roadmap definition & delivery, and mentoring junior Product Managers.

Qualifications

You will:

  • Experience leading a product team that has partnered with engineering to design and deliver a financial transformation for a large multinational - must have expert level understanding of the technology design skills required

  • Stakeholder management across the F&S, Controllership, Tax, Engineering, and integration partner teams to deliver technology solutions that meet business needs

  • Represents the business point of view when designing and collaborating with other Product and Engineering teams, including integration partners

  • Provide critical input and insight into planning system requirements based on prior experience, process knowledge and future state vision

  • Participate in internal process improvement initiatives to improve planning, reporting, analytics, and technical aspects of F&S processes

  • Transparently publish roadmaps and associated metrics (e.g. CSAT, cycle time) with the wider Block leadership team on a quarterly cadence

  • Work on complex issues where analysis of situations or data requires an in-depth knowledge of the industry as well as our business and department objectives & requirements

  • Participate in corporate development projects to provide guidance on M&A activities

  • Lead, grow, and expand a team of accomplished product management professionals while encouraging an environment of learning and growth mindset

  • Work on complex issues where analysis of situations or data requires an in-depth knowledge of the industry as well as our business and Finance department objectives & requirements

  • Partner with the CISO, Chief Privacy Officer and Head of Fe GRC (Governance, Risk & Compliance) to ensure privacy, regulatory, and security requirements are incorporated into all Financial products and roadmaps

You have:

  • 15+ years of demonstrated success leading Product teams to deliver secure, business critical software, platform migrations, and data and cloud solutions in a highly regulated environment.

  • 10+ years of operational experience in managing accounting and finance business processes

  • Ability to understand complex business intent, identify gaps between current and desired future state, translate business requirements into required system functionality, and determine best viable path to meet current and future business needs while considering delivery time and tradeoffs for each decision

  • 7+ years of experience in developing strategies and launching data platform product capabilities

  • Experience in a highly complex global organizations operating within large-scale ERP systems

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 $290,000 - USD $435,000
Zone B: USD $290,000 - USD $435,000
Zone C: USD $290,000 - USD $435,000
Zone D: USD $290,000 - USD $435,000

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.

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.