Summary:
The role is within the Operations Finance team of Reality Labs (RL). The Operations Finance team supports the RL Operations team, which is responsible for Sourcing, Manufacturing, Supply Chain and Post-Sales services for our entire portfolio of products across Oculus and Portal. We focus on helping the Operations team to optimize performance across products and manage all expenses. This team is part of Meta’s consumer hardware group, which includes Oculus and Portal and plans to release multiple products over the next few years. In this role, you will manage the capex investments of the Operations team. You will work closely with business leaders in setting capex targets, measuring performance, and in finding cost savings or cost optimization opportunities. You will also be leading various process improvement initiatives and developing decision making frameworks that help the team optimize on costs. You will work closely with Operations, Hardware, Engineering and Sourcing teams and will gain invaluable experience in a position that offers significant responsibility and considerable opportunity to have a large impact within a growing RL Finance organization. Successful candidate in this role will require the following:Be execution-focused; able to move quickly to pull together financial data & analysis, and develop perspectives through strong understanding of CapEx ~~~ collaborative: the role involves working with lots of different teams, within and outside the Finance ~~~ process-oriented and have the ability to navigate ambiguity. Understanding the technical nature of the business and long-term investments is crucial for success and there are excellent resources and people ready to support one’s growth.
Required Skills:
Finance Associate, RL Operations Finance Responsibilities:
Review and provide financial analysis into large deals including long-term purchasing agreements, future capex purchases etc.
Help define and implement scalable financial processes and reports related to yearly and lifetime CapEx, support month end accruals and reporting
Develop decision frameworks for capacity planning
assess capex efficiency, yields and target gen over gen improvements
Partner with various team such as Accounting to assess and suggest improvements in our capex policies
Drive process improvements by partnering with up-stream process owners and enhance current tools/systems related to financial management
Minimum Qualifications:
Minimum Qualifications:
4+ years of experience in finance, business operations, or strategy consulting
Experience working and problem solving independently, organizing workload and priorities, and completing tasks on time
Experience developing analytical frameworks and communicating concepts to leadership
Experience with developing forecasts, tracking actuals and variance, and creating easily understandable narratives around financial data
Experience partnering with and influencing key functional leaders
Experience with PowerPoint, Excel, Google Docs, Oracle or Hyperion
Experience in applicable accounting concepts and financial planning
Preferred Qualifications:
Preferred Qualifications:
Experience of working in Hardware finance or working with long-term fixed investments
Experience supporting Hardware development organizations
Experience managing diverse product portfolios
Excels in navigating through ambiguity and unstructured problems
Industry: Internet
Equal Opportunity: Facebook is proud to be an Equal 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. Facebook 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 ~~~.