Director of Accounting Job at META in Menlo Park

Director of Accounting

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Menlo Park, CA

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Join our team as the Director of Accounting, where you will lead the charge in our Corporate Accounting function, overseeing Global Intercompany, Foreign Exchange, and Legal Entity Management. As a leader, you will be responsible for driving strategic initiatives, optimizing processes, managing risks and enhancing overall performance in alignment with organizational goals and objectives. With a focus on collaboration and innovation, you will work closely with cross-functional teams to navigate complex situations and drive transformative change. If you're a strategic thinker with a passion for accounting and a track record of success in leading high-performing teams, we want to hear from you.

Director of Accounting Responsibilities

• Manage and oversee Meta's intricate intercompany accounting areas, ensuring a deep understanding of the impact of transactions on US GAAP, management, statutory, and tax reporting. This includes overseeing internal cost sharing, allocations, invoice processing, settlement, eliminations, reconciliation, and resolution of aged balances.
• In close partnership with the Treasury, understand the strategies for monitoring and analyzing Foreign Exchange market trends, economic indicators, and geopolitical events to identify potential risks and opportunities. Execute FX transactions, and account for FX gains and losses in accordance with accounting principles.
• Oversee the formation, maintenance, and dissolution of legal entities, collaborating with cross-functional teams to provide strategic guidance on legal entity structure and governance and ensure compliance with accounting standards.
• Transform the existing processes using cutting-edge technology and implement other comprehensive strategies (e.g. shared services) to optimize, increase efficiency, reduce risk and enhance overall performance in alignment with organizational goals and objectives.
• Lead a team of eight accounting professionals across regions providing guidance, mentorship, and development opportunities to ensure the team's success.

Minimum Qualifications

• Bachelor's or Master's degree in Accounting
• 10+ years of experience in accounting, with a focus on intercompany and foreign exchange areas
• Proven track record of scaling operations and driving process improvements
• 10+ years people management experience including managing remotely across regions, proven track record of attracting, scaling and developing teams
• Experience communicating effectively to all levels of the organization, including executives
• Proficiency in financial software and systems, such as Oracle and Quantum

Preferred Qualifications

• CPA or equivalent preferred

For those who live in or expect to work from California if hired for this position, please click here for additional information.

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Data Center

About Meta

Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. People who choose to build their careers by building with us at Meta help shape a future that will take us beyond what digital connection makes possible today-beyond the constraints of screens, the limits of distance, and even the rules of physics.

$216,000/year to $288,000/year + bonus + equity + benefits

Individual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus, equity or sales incentives, if applicable. In addition to base compensation, Meta offers benefits. Learn more about benefits at Meta.

Equal Employment Opportunity and Affirmative Action

Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics. You may view our Equal Employment Opportunity notice here .

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