Facebook

Accounting Manager, Payments

Posted on: 6 Feb 2021

Menlo Park, CA

Job Description

Facebook is seeking an experienced professional to enable the growth of Facebook's commerce and payments. The successful candidate will be responsible for not only ensuring the accuracy and completeness of payments-related financial accounting, reporting and multi-state compliance requirements; but also, for scaling the process through machine learning and automation. As a result of these scaling efforts, this role is going to be instrumental in designing and implementing additional accounting operations to enable several new lines of business to advance our commerce and payment strategy by collaborating with cross-functional teams including FB family of apps product teams. The individual must be a self-starter and work with limited direction while taking full ownership of their areas of responsibility. This role is expected to problem solve, lead automation projects, recommend solutions, and exercise good business judgment while performing their functions. The candidate is expected to have a strong business acumen coupled with an accounting background and strong communication skills to effectively facilitate information flow between cross-functional business partners and the Finance organization.

Accounting Manager, Payments Responsibilities

* Manage period end close procedures such as assisting in preparing journal entries, reconciliations, reporting packages, and financial performance insights

* Define and implement scalable financial processes related to month-end and quarter-end close and reporting

* Ensure continuous development of accounting policies and standard operating procedures

* Proactively help in redesign and implementation of the companys payments systems and accounting operation processes, with a focus on machine learning and automation

* Strong knowledge of NMLS requirements and support periodic audits from internal & external parties and regulatory bodies, as required

* Develop and maintain strong relationships with internal team members and cross-functional teams, have a strong business acumen coupled with an accounting background and strong communication skills to effectively facilitate information flow between cross-functional business partners and the Finance organization

Minimum Qualifications

* Bachelor's degree in Accounting, Finance or related field

* 6+ years of experience working in accounting

* Knowledge of U.S. GAAP

* Experience with accounting and reporting automation project

Preferred Qualifications

* CPA certification

* Accounting and Financial technology experience

* ERP experience

* Experience working in the Payments Industry

Locations

About the Facebook company

Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities we're just getting started.

Facebook 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, you may contact us at accommodations-ext@fb.com.

Facebook

Menlo Park, CA

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company’s products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way. It also provides Oculus, a hardware, software, and developer ecosystem, which allows people to come together and connect with each other through its Oculus virtual reality products. As of December 31, 2018, it had approximately 1.52 billion daily active users. The company was founded in 2004 and is headquartered in Menlo Park, California.

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