Full-Time

Technical Accounting Manager

M&a

Posted on 12/16/2024

Meta

Meta

10,001+ employees

Social media platforms and virtual reality solutions

VR & AR
Consumer Software
Financial Services

Compensation Overview

$198.4k - $232.3kAnnually

+ Bonus + Equity

Mid, Senior

Company Historically Provides H1B Sponsorship

Menlo Park, CA, USA

Telecommuting is permitted from anywhere in the United States.

Category
Auditing
Financial Accounting
Financial Analysis
Accounting
Required Skills
Tableau
Data Analysis
Requirements
  • Master’s degree (or foreign equivalent degree) in Accounting, Finance, or a related field and 3 years of experience in the job offered or in an accounting-related occupation.
  • Position requires a Certified Public Accountant License.
  • Requires 3 years of experience in the following:
  • 1. Financial due diligence for mergers and acquisitions and divestiture transactions, including quality of earnings, quality of net assets, net debt analyses, and carve-out financial statements at a large public accounting firm
  • 2. Technical research and application of US Generally Accepted Accounting Principles (GAAP), including documentation of technical memos
  • 3. Financial statement auditing or financial accounting at a large public accounting firm including Internal Controls over Financial Reporting (ICFR) and Sarbanes Oxley 404 (SOX) compliance
  • 4. Data analytics tools, including Tableau, Alteryx, PowerBI, etc.
Responsibilities
  • Interpret U.S. GAAP accounting standards and SEC guidance to determine the accounting and financial reporting treatment, including internal control considerations, for new, material, and/or complex, unusual transactions or agreements, including in the deal structuring phase.
  • Prepare or review technical accounting memorandums for significant transactions.
  • Partner with internal and external valuation specialists to complete purchase accounting for acquisitions.
  • Communicate key highlights and impacts of acquisitions and investments to Finance and Accounting leadership.
  • Provide insight to or participate in preparation of new or existing accounting policies with the Accounting Policy Governance team based on evolving industry standards and best practices and drive changes in those areas.
  • Monitor, understand and provide interpretation of new and proposed accounting pronouncements in areas of focus to assist key stakeholders in assessing financial, operational and reporting implications.
  • Facilitate trainings on relevant accounting topics to Meta personnel.

Meta Platforms Inc. focuses on social media, communication tools, and virtual reality. It operates popular platforms like Facebook, Instagram, and WhatsApp, allowing users to connect, share content, and engage in communities. The Oculus division provides virtual reality hardware and experiences. Meta's primary revenue comes from advertising, offering businesses tools to target specific audiences using insights from its large user base. This advertising service is scalable and allows for tailored audience segmentation. Additionally, Meta explores revenue through virtual reality product sales and the metaverse, where it looks to monetize virtual goods and services. The company also invests in artificial intelligence and augmented reality to enhance its offerings, aiming to combine user engagement with advanced marketing tools.

Company Stage

IPO

Total Funding

$2.1B

Headquarters

Menlo Park, California

Founded

2004

Growth & Insights
Headcount

6 month growth

0%

1 year growth

22%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Scheduled posts on Threads could boost user retention and engagement.
  • AI assistants promise personalized user experiences, increasing satisfaction across platforms.
  • 'Motivo' AI model may attract developers to create immersive Metaverse experiences.

What critics are saying

  • Decentralized platforms offering full content ownership may draw users away from Meta.
  • Ongoing legal challenges, like the €251 million fine, pose financial risks.
  • Privacy concerns from past scandals could lead to regulatory scrutiny and impact operations.

What makes Meta unique

  • Meta's 'Motivo' AI model enhances avatars with human-like movements in the Metaverse.
  • Partnership with Shazam integrates music recognition into Ray-Ban smart glasses.
  • AI-powered content creation tools reduce production time, attracting content creators.

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