Full-Time

Senior Associate

Finance

Posted on 8/15/2024

Omidyar Network

Omidyar Network

51-200 employees

Philanthropic organization funding digital innovation

Social Impact

Compensation Overview

$125.8k - $157.2kAnnually

Mid, Senior

No H1B Sponsorship

San Carlos, CA, USA

Employees must reside within 100 miles of Redwood City office.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Salesforce
PowerPoint/Keynote/Slides
Requirements
  • 4+ years relevant finance and/or accounting experience (i.e., 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 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)
Responsibilities
  • Assist with preparation of monthly Budget Variance Analysis (BvA) reporting and analysis, including preparation of ad-hoc financial analysis, slide decks, management and board reports.
  • Track budget transfers for operations expenses (Opex) BvA.
  • Support 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.
  • Supports quarterly investment reporting to family office, and annual investment reporting to management and board.
  • Review & 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 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 contributes 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.

Omidyar Network focuses on using digital technology to promote fairness and prosperity in society. The organization collaborates with thinkers and innovators to ensure that the digital revolution benefits as many people as possible. With over $1.86 billion invested in various initiatives, Omidyar Network aims to empower individuals and communities by supporting projects that improve their control over data and enhance their decision-making abilities. What sets Omidyar Network apart from other philanthropic organizations is its emphasis on strategic partnerships and targeted investments in digital innovation, which are designed to create lasting social change. The ultimate goal of Omidyar Network is to foster a future where everyone has a voice and the ability to shape their own lives.

Company Stage

Series E

Total Funding

$3.3B

Headquarters

Redwood City, California

Founded

2004

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on ethical AI development presents opportunities for responsible tech growth.
  • Investment in emerging markets like Southeast Asia offers high growth potential.
  • The expanding EV financing sector indicates promising investment opportunities.

What critics are saying

  • Potential over-reliance on AI initiatives could lead to ethical dilemmas.
  • Departure of key executives may impact strategic continuity and leadership.
  • Increased competition in philanthropic investment could dilute Omidyar Network's influence.

What makes Omidyar Network unique

  • Omidyar Network focuses on leveraging digital technology for social impact and equity.
  • They have committed over $1.86 billion to initiatives aligning with their vision.
  • Their strategic partnerships aim to create systemic change through digital innovation.

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