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Finance Associate, Wearables

Meta

Finance Associate, Wearables

Meta

San Mateo, CA

·

On-site

·

Full-time

·

1mo ago

Compensation

$92,000 - $92,000

Benefits & Perks

Work Life balance

Flexible work

CPA reimbursement

Development budget

401(k) matching

Health benefits

Healthcare

Required Skills

Excel

SAP

Adaptive Insights

Meta Reality Labs Team is a fast-growing team that manages the finances for Meta's consumer hardware group, which includes devices across Wearables and Metaverse product groups.

You will join the team that manages the finances for Reality Labs, specifically the Wearables product lines that are in-market (such as Meta Ray-Ban Display) or near-term launches. You'll play a crucial role in managing Total Cost per Unit. This is a unique opportunity to work on a blend of finance and strategy, while focusing on process management and improvement. Our ideal candidate is a well-rounded top performer who can be a key contributor in a high-energy growth environment.In this role, you will own some key operational costs such as BOM+MVA, Tariffs and also manage total manufacturing costs, including capital expenditures and other operating costs. You will get the opportunity to directly lead and influence key stakeholders, assess financial performance and drive impact by creating foundational reporting infrastructure, establishing process workflow and continuous process improvement. In addition to this, you will also provide analytical support to the team on high visibility and high impact projects.

Finance Associate, Wearables Responsibilities:

  • Manage all FP&A activities related to Wearables products that are in-market or launching next year for Cost of Goods Sold items for a growing portfolio including budgeting, forecasting and long-range planning
  • Provide hands-on analytical support and develop actionable insights throughout the planning cycles and in monthly reviews, as well as for setting cost targets for new programs
  • Understand, impact, and influence business investment decisions through detailed financial analysis
  • Drive critical cost savings opportunities and long-term strategic implications of agreements
  • Own ad hoc strategic and operational projects as required, and drive process and system improvements by partnering with cross functional owners
  • Develop and enforce best practices and policies to manage these costs
  • Lead data-driven decision making & analysis of product decisions and strategic roadmap investments
  • Create business partnerships with various functions across the Reality Labs (RL)
  • Provide insights to business partners through variance analysis, scenario based modeling and other analytical support as needed

Minimum Qualifications:

  • 4+ years of financial analysis experience
  • Bachelor's degree in Finance, Economics or equivalent
  • Experience with FP&A activities especially around monthly close, forecast, annual and long-range planning processes
  • Experience in financial modeling utilizing Excel, and Power

Point and G-suite:

  • Experience developing analytical frameworks and communicating financial concepts to leadership
  • Experience leading cross-functional projects with stakeholders, including product, accounting and operations teams
  • Experience influencing leadership, thriving in ambiguity and managing multiple high priority projects in a fast paced environment

Preferred Qualifications:

  • Hardware Financial Modeling experience, with an understanding of consumer electronics manufacturing operations and costs
  • MBA
  • Experience with EPM, Hyperion and Essbase tools

About Meta:

Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and Whats App further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. People who choose to build their careers by building with us at Meta help shape a future that will take us beyond what digital connection makes possible today-beyond the constraints of screens, the limits of distance, and even the rules of physics.

Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment.

Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@fb.com.

$92,000/year to $135,000/year + bonus + equity + benefits

Individual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus, equity or sales incentives, if applicable. In addition to base compensation, Meta offers benefits. Learn more about benefits at Meta.

Contact & Location

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About Meta

Meta

Meta

Public

A social technology company that enables people to connect, find communities, and grow businesses.

10,001+

Employees

Menlo Park

Headquarters

$800B

Valuation

Reviews

3.4

26 reviews

Work Life Balance

2.3

Compensation

4.2

Culture

2.8

Career

3.1

Management

2.1

45%

Recommend to a Friend

Pros

Excellent compensation and benefits

Smart and talented colleagues

Fast-paced and challenging work environment

Cons

Frequent layoffs and job insecurity

Poor leadership and management accountability

High stress and competitive work environment

Salary Ranges

40,175 data points

Mid/L4

Mid/L4 · Technical Program Manager

915 reports

$326,766

total / year

Base

$188,428

Stock

$105,343

Bonus

$32,995

$220,456

$506,368

Interview Experience

6 interviews

Difficulty

4.2

/ 5

Duration

21-35 weeks

Offer Rate

17%

Experience

Positive 17%

Neutral 17%

Negative 66%

Interview Process

1

Application Review

2

Recruiter Screen

3

Online Assessment

4

Technical Phone Screen

5

Coding Interviews

6

System Design Interview

7

Behavioral Interview

8

Final Loop/Hiring Manager Round

Common Questions

Coding/Algorithm

System Design

Behavioral/STAR

Technical Knowledge

Live Coding