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Finance Associate, Reality Labs

Meta

Finance Associate, Reality Labs

Meta

San Mateo, CA

·

On-site

·

Full-time

·

1mo ago

Compensation

$92,000 - $92,000

Benefits & Perks

401(k) matching

Flexible work

Stock options

CPA reimbursement

Equity

Required Skills

NetSuite

Oracle

SAP

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

This individual contributor role is part of the Reality Lab Finance team that oversees our investments in new product development and capital investment. We focus on using our unique view into the numbers to identify trends and opportunities that are developing within the company as well as across the industry.In this role, you will own some key operational costs such as Logistics, Customer Service (CS) and Warranty across both existing and new programs spanning across our Metaverse and Wearables portfolio of Reality Labs. You will get the opportunity to directly lead and influence key stakeholders, assess financial performance and create tremendous impact by continuous process improvement and executing cost savings initiatives. In addition to this, you will also provide analytical support to the team on high visibility and high impact projects.

Finance Associate, Reality Labs Responsibilities:

  • Manage all FP&A activities related to Logistics, CS, Warranty and other COGS (Cost of Goods Sold) items for a growing portfolio of RL devices 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
  • Understand dive into 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
  • Drive 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:

  • Bachelor's degree in Finance, Economics or equivalent
  • 4+ years of financial analysis experience
  • Experience with FP&A activities especially around monthly close and forecast processes
  • Experience developing analytical frameworks and communicating financial concepts to leadership
  • Experience partnering with and influencing cross-functional leaders
  • Experience working with leadership, manage ambiguity and multiple high priority projects in a fast-paced environment

Preferred Qualifications:

  • MBA
  • Experience with managing and/or owning costs around inbound and outbound freight
  • Experience in understanding and assessing freight agreements from multiple providers and international freight costs/process
  • Understanding of hardware manufacturing process
  • Experience of data modeling, scenario analysis and adept at using systems such as EPM and Essbase

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.

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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