Senior Associate, Finance

3 weeks ago

Redwood City, California, United States Omidyar Network Full time

About Omidyar Network:

Omidyar Network is a philanthropic organization that harnesses the power of digital technology to drive positive change. Our mission is to create a more equitable and prosperous world by supporting initiatives that promote shared power, prosperity, and possibility.

We believe in the potential of technology to transform lives and communities, and we work with innovators and entrepreneurs to develop solutions that address some of the world's most pressing challenges.

About the Finance Team:

The Finance Team at Omidyar Network plays a critical role in supporting our mission by providing financial planning and analysis, investment accounting, and operational expertise. We work closely with cross-functional teams to ensure that our financial resources are used effectively to drive impact.

About the Role:

We are seeking a highly skilled and motivated Senior Associate, Finance to join our team. The successful candidate will have a strong background in financial planning and analysis, investment accounting, and operations, and will be able to work independently and collaboratively as part of a dynamic team.

Responsibilities:

  • Assist with the preparation of monthly Budget Variance Analysis (BvA) reporting and analysis, including the preparation of ad-hoc financial analysis, slide decks, management and board reports.
  • Track budget transfers for operations expenses (Opex) BvA and support the annual budgeting process.
  • 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.
  • Support quarterly investment reporting to family office, and annual investment reporting to management and board.
  • Review and process payments, adjust spending limits, and monthly reporting.
  • Analyze and make recommendations for accounting treatments for non-standard activities (e.g., grants, investments, international transactions).
  • Learn and perform other accounting responsibilities as needed, including back-up responsibilities during special projects, audits, transitions, and vacations.
  • Assist with month-end close procedures, including the preparation of journal entries, reconciliations, review, and other duties as necessary.
  • Support clear and accurate documentation of monthly and year-end accounting activities, as well as documentation of key process controls and procedures.
  • Initiate and implement continuous process/reporting/system improvements and contribute to the assessment of internal controls.
  • Participate in the implementation, maintenance, trouble-shooting, and upgrade of business systems and processes.
  • Participate in cross-functional teams, providing functional expertise as needed.
  • Support tax (Federal, State, Local, Property, foreign filing analysis), audit, and other regulatory reporting.

Requirements:

  • 4+ years of relevant finance and/or accounting experience (i.e., a blend of audit and investment industry experience); CPA/CFA preferred.
  • 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. a plus.
  • 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. a plus).

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.

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