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Senior Associate, Finance

1 month ago

Redwood City, California, United States Omidyar Network Full time
About Omidyar Network

Omidyar Network is a leading philanthropic organization dedicated to harnessing the power of digital technology to drive positive change. Our mission is to create a more equitable and prosperous world by supporting innovative solutions that address pressing social and economic challenges.

Finance Team Overview

The Finance Team at Omidyar Network plays a critical role in supporting the organization's mission by providing strategic financial planning, analysis, and operational expertise. We work closely with cross-functional teams to ensure the effective management of our resources and the achievement of our goals.

Senior Associate, Finance Role

We are seeking a highly skilled and motivated Senior Associate, Finance to join our team. In this role, you will be responsible for supporting financial planning and analysis, investment accounting, and operational planning. You will work closely with our Head of Finance to develop and implement financial strategies that drive business growth and improve operational efficiency.

Key Responsibilities
  • Assist with the preparation of monthly budget variance analysis (BVA) reporting and analysis, including the preparation of ad-hoc financial analysis, slide decks, and management and board reports.
  • Support the annual budgeting process and track budget transfers for operations expenses (Opex) BVA.
  • Assist with investment accounting, including capital calls, realized gains, investment roll-forwards, quarterly fund (NAV) cap statements, annual direct investment valuations, and other investee data collection.
  • Review and process payments, adjust spending limits, and provide monthly reporting.
  • Analyze and make recommendations for accounting treatments for non-standard activities, such as grants, investments, and international transactions.
  • Support the month-end close procedures, including the preparation of journal entries, reconciliations, and other duties as necessary.
  • Initiate and implement continuous process/reporting/system improvements and contribute to the assessment of internal controls.
  • Participate in the implementation, maintenance, troubleshooting, and upgrade of business systems and processes.
  • Support tax (Federal, State, Local, Property, foreign filing analysis), audit, and other regulatory reporting.
Requirements
  • 4+ years of relevant finance and/or accounting experience, with a blend of audit and investment industry experience.
  • Proven understanding of financial reporting and analysis, as well as accounting principles and practices (US GAAP).
  • Experience with business systems implementations and maintenance, including GL, AP, FP&A, ERP, etc.
  • High-level critical thinking, problem-solving, communication, and interpersonal skills.
  • Strong analytical skills with the ability to analyze financial information, identify trends, and make forecasts.
  • Ability to work independently while managing multiple project assignments.
  • Self-motivated and exhibits strong judgment and professionalism at all times.
  • Strict adherence to ethical and confidentiality guidelines.
  • Expert in Excel, including experience building analyses and models, and proficient computer skills (e.g., MS Office - PowerPoint; experience with Ramp, Intacct, Adaptive Planning, Salesforce, iLevel, etc.).
What We Offer

Omidyar Network offers a competitive salary and benefits package, including health care (medical/dental/vision), paid time off, and a generous employer 401(k) contribution. We are an equal opportunity employer and encourage people from all experiences, abilities, and perspectives to apply.