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Finance Associate, Wearables
- Meta (Burlingame, CA)
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Summary:
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.
Required Skills:
Finance Associate, Wearables Responsibilities:
1. 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
2. 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
3. Understand, impact, and influence business investment decisions through detailed financial analysis
4. Drive critical cost savings opportunities and long-term strategic implications of agreements
5. Own ad hoc strategic and operational projects as required, and drive process and system improvements by partnering with cross functional owners
6. Develop and enforce best practices and policies to manage these costs
7. Lead data-driven decision making & analysis of product decisions and strategic roadmap investments
8. Create business partnerships with various functions across the Reality Labs (RL)
9. Provide insights to business partners through variance analysis, scenario based modeling and other analytical support as needed
Minimum Qualifications:
Minimum Qualifications:
10. 4+ years of financial analysis experience
11. Bachelor's degree in Finance, Economics or equivalent
12. Experience with FP&A activities especially around monthly close, forecast, annual and long-range planning processes
13. Experience in financial modeling utilizing Excel, and PowerPoint and G-suite
14. Experience developing analytical frameworks and communicating financial concepts to leadership
15. Experience leading cross-functional projects with stakeholders, including product, accounting and operations teams
16. Experience influencing leadership, thriving in ambiguity and managing multiple high priority projects in a fast paced environment
Preferred Qualifications:
Preferred Qualifications:
17. Hardware Financial Modeling experience, with an understanding of consumer electronics manufacturing operations and costs
18. MBA
19. Experience with EPM, Hyperion and Essbase tools
Public Compensation:
$92,000/year to $135,000/year + bonus + equity + benefits
**Industry:** Internet
Equal Opportunity:
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 [email protected].
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