Senior Manager Accounting & Finance
Company: Omidyar
Location: Redwood City
Posted on: May 26, 2023
Job Description:
About the Omidyar Network:
Established by philanthropists Pam and Pierre Omidyar, Omidyar
Network (ON) is a social change venture that has committed more
than $1.8 billion to innovative for-profit companies and nonprofit
organizations since 2004. Omidyar Network invests in new ideas,
rules, and power that help advance a responsible tech future,
reimagine capitalism, and build cultures of belonging.
To learn more, visit and on Twitter.
Position Summary:
Reporting to the Head of Finance, the Senior Manager Accounting &
Finance will own accounting, reporting, and compliance, as well as
support operational finance at all levels of the department. As a
key member of the Finance Team, the Senior Manager will serve as a
business partner for operations and programs teams, and supervise
accounting, audit, tax, treasury and related.
In addition, the Senior Manager will partner with the Head of
Finance in support of FP&A, portfolio management, functional
approvals for programmatic investments (including grants, project
funding and for-profit investments), systems improvements, and
continuous development of finance as a strategic function in
service of the organization's mission. Omidyar Network employs a
flexible capital model including operating LLCs, fund LLCs and
501(c)3.
Responsibilities include, but are not limited to:
Accounting and Operational Finance
- Supervise external and internal accounting teams and oversee
global consolidation and eliminations in a multi-entity,
multi-country environment (for seven for-profit entities and one
non-profit entity), including investment accounting and for impact
investment portfolio ($120M AUM), endowment ($500M), and grant
roll-forward for the Foundation
- Lead annual audit and preparation of all required tax
reporting
- Liaise with family office to support all tax, compliance,
reporting and cash-forecasting needs (ie. FBAR filings, estimated
tax projections, etc.)
- Manage financial policies, processes and controls - including
financial systems oversight, administration, integration, reporting
and permissions
- Ensure oversight of bank account management, signatories and
compliance and cash flow forecasting based on disbursement
schedules and pipeline reports
- Ensure organizational compliance, file/prepare support for
local taxes, insurance policies, including General Liability,
D&O and property and general risk management
- Provide due diligence reviews and approvals for programmatic
investments
Team Leadership
- Champion ON's culture and embodies ON's values of boldness,
connection, curiosity, integrity, and respect
- Serve as a thought partner across the organization providing
recommendations and partnering with the Head of FInance to create
and implement short- and long-term financial strategy for
ON
- Serve as a key functional leader supporting bi-annual budgeting
and resource allocation with the executive team and bi-annual
reporting to the Board (e.g. grants and investments portfolio
reporting, budget, and forecast)
- In partnership with the Head of Finance, shape an
organization-wide culture of financial literacy, empowering leaders
to take ownership of their team's budgeting and financial
needs
- Manage and mentor a highly effective and diverse team to
achieve ambitious results, supporting a high standard of excellence
and accountability
- Recognize and anticipate opportunities and challenges as they
relate to financial and technology systems and operations;
generating ideas, strategies, and solutions to drive
impact
- Lead all-staff finance-related training, onboarding and
offboarding employees
Candidate Requirements:
- 5-10 years of progressively responsible accounting experience
including financial planning & forecasting with prior experience as
a manager and Controller required, Public Accounting / CPA
required; additionally, investment and fair-value accounting
preferred
- Advanced knowledge of GAAP, deep proficiency with accounting
software and systems implementation, and brings a balanced blend of
both nonprofit and for-profit accounting experience
- Familiarity with corporate tax filings; knowledge of tax laws
applied to tax-exempt organizations a plus and experience leading
an audit and preparing audited financial documents
- Ability to effectively collaborate cross functionally with
programs and operations teams
- Leans into creative thinking, brings a solutions orientation to
problem-solving, and has the ability to brainstorm multiple
solutions while weighing differing priorities
- Keen analytic, organization, and problem-solving skills which
allows for strategic data interpretation and presenting proposed
solutions to solve problems.
- Demonstrated ability to translate complex financial concepts to
individuals at all levels including finance and non-finance
managers, with a strong customer service orientation
- Strong interpersonal and communication skills; capable of
managing difficult situations with tact and diplomacy
- Highly organized, has strong time management/prioritization
abilities, and fastidious with details
- Expertise in Excel is a must!
Location:
While we are currently working in a hybrid capacity, this position
will be based out of our Redwood City (CA) office.
Compensation and Benefits:
This is a full-time, salaried position that features competitive
pay and benefits, including health care (e.g.,
medical/dental/vision), paid time off, and a generous employer
401(k) contribution. The salary will be $192,915 in the San
Francisco Bay Area. Candidates must have a current valid U.S. work
authorization to be considered.
ON has partnered with the to lead the Senior Manager, Accounting &
Finance search. After review of your application, if you are
selected to continue, the On-Ramps team will reach out directly to
schedule an initial call.
At Omidyar Network, diversity, equity, and inclusion are directly
aligned with our fundamental belief that people are inherently
capable, but they often lack opportunity. We know that a diverse
workforce allows us to see problems in more nuanced ways, creating
the thought leadership needed to have outsized positive returns on
the world. We actively recruit, develop, and retain the most
dedicated people from a diverse candidate pool. Omidyar Network is
an equal opportunity employer and welcomes people from all
experiences, abilities, and perspectives to apply.
Keywords: Omidyar, Redwood City , Senior Manager Accounting & Finance, Accounting, Auditing , Redwood City, California
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