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Finance Associate, Wearables
Finance Associate, WearablesMeta Platforms • Sunnyvale, CA, US
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Finance Associate, Wearables

Finance Associate, Wearables

Meta Platforms • Sunnyvale, CA, US
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Finance Associate, Wearables

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.

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 PowerPoint 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
  • $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.

    Meta is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics. You may view our Equal Employment Opportunity notice here.

    Meta is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, fill out the Accommodations request form.

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