Job Description

For many people around the world, basic financial services are still out of reach: about 1.7 billion adults globally remain unbanked. The cost of that exclusion is significant $25 billion is lost by migrants every year through remittance fees. This is the challenge were hoping to address with Novi, a Facebook subsidiary whose goal is to provide people everywhere access to safe and affordable financial services through Diem, a new global payment system powered by blockchain technology. Our first product will be a digital wallet - Novi for Diem, and it will be available in Messenger, WhatsApp, and as a standalone app. At Novi, you will be working with a talented and dedicated group of people who are passionate about changing the world. Our leadership is experienced and some of the best minds working today in their respective fields. We are seeking an experienced accounting professional who has substantive knowledge of GAAP, practices, processes, and procedures to provide exceptional leadership to the general ledger processes for our Novi Accounting Operations team. The candidate will need to be independent and self-motivated with a strong desire to understand how things work, be organized with attention to detail, and be flexible in this rapidly growing environment.

Novi GL Accounting Manager Responsibilities

* Responsible for driving certain aspects of month-end financial close process, including intercompany transactions, journal entries, reconciliations, Balance Sheet and P&L variance analysis, while adhering to tight deadlines

* Define or enhance deliverables and implement scalable financial processes related to month-end and quarter-end close and reporting, including developing a process for quarterly management reporting

* Collaborate with cross-functional teams (Tax, Treasury, IT, FP&A, etc.) to identify opportunities to improve and standardize accounting processes

* Document processes and policies while partnering with Internal Audit to identify risks and define mitigating procedures

* Provide support for external financial statement and regulatory compliance audits

* Responsible for other general ledger related tasks as assigned

Minimum Qualifications

* Bachelors Degree in accounting or related field

* 7+ years of GL experience with time spent at a public company

* Proven understanding of US GAAP

* Month-end close, reconciliations, intercompany, transfer pricing, and other accounting operations experience

* Experience working with large datasets, analytical skills with experience identifying incongruities and anomalies in balances

* Experience working with minimal guidance in an unstructured, fast-paced environment, and demonstrated experience in driving process improvements

* Experience working with various levels of management and to influence others without formal authority

Preferred Qualifications

* CPA preferred

* Oracle ERP experience

* Financial services industry experience such as fintech and payments

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 support (called accommodations) in our recruiting processes for candidates with disabilities, long term conditions, mental health conditions or who are neurodivergent, and to candidates with sincerely held religious beliefs or requiring pregnancy related support. If you need support, please reach out to accommodations-ext@fb.com.

(Colorado only*) Minimum salary of $140,000/year + bonus + equity + benefits
*Note: Disclosure as required by sb19-085(8-5-20)