Finance Associate, Reality Labs

Meta • Sunnyvale, CA • 2d ago

Summary:

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.

Required Skills:

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

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 stereo@types, 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.

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