Controller, Lease and Facilities Accounting
Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities — we're just getting started.
Facebook is looking for an accounting leader to take charge of U.S. GAAP accounting and reporting responsibilities for all leases and facility-related asset investments. This individual will continue building and leading a team of highly motivated and skillful accounting professionals to become the center of excellence for in-scope area accounting, process improvement and system automation efforts. This highly qualified and technically proficient leader will also stay abreast of Facebook’s business and growth strategies, external compliance requirements and the overall financial reporting risk profile as growth continues. The candidate needs to be comfortable and highly effective in a rapidly changing environment, working well with cross-functional teams and their leadership as well as finance and accounting counterparts in multiple geographies, providing guidance, analysis and helping make decisions, and developing effective and efficient accounting operations to execute Facebook goals. This position will be based in Austin, TX, reporting to the Infrastructure Controller in Menlo Park, CA.
Responsibilities
Proactively seek solid understanding of Facebook growth strategies by engaging with various business and finance leaders
Anticipate business needs as related to lease accounting and asset capitalization considerations
Develop high profile, influential and collaborative relationships across teams, functions and layers of the business while demonstrating mastery of U.S. GAAP and understanding of local statutory reporting requirements
Provide sound accounting guidance as a trusted advisor and develop scalable business processes to meet both business and financial reporting needs with speed
Lead a high-performing team responsible for managing operational accounting for the company’s global lease portfolio and facility investments
Lead accounting operation includes but not limited to compliance with internal controls over financial reporting, lease contract reviews, lease identification, classification, amendment/modification, facility asset life cycle accounting, recording, reporting, reconciliation and 10Q/K disclosure
Comply with Facebook’s lease accounting, capitalization policies and update them as needed
Maintain adequate documentation when significant judgment is made in accounting for complex arrangements
Initiate, develop and execute additional process automation and system capability roadmap by closely working with Facebook’s Engineering, BizApps or service provider teams and to explore robotic process automations and AI technology opportunities to scale operations
Coordinate with international statutory accounting and tax teams to supply required transaction data for statutory and local tax filing needs
Work in close coordination with other key Finance organization leaders in treasury, FP&A, internal audit, technical accounting and finance operations to optimize for common team goals
Coordinate with external auditors to ensure timely completion of audit requests, and aid in the research and analysis of audit issues raised
Lastly, this leader will also be the people manager for Austin-based Infrastructure Accounting team
Minimum Qualifications
BA/BS degree in Business Administration, Accounting, Economics or Finance
CPA or equivalent outside of U.S.
10 + years of financial statements auditing, accounting, finance operations, process automation or related experience
Accounting knowledge and hands-on implementation experience in adopting the new lease accounting standard, ASC 842
Organizational, interpersonal, communication, problem-solving, multi-tasking, and prioritization experience
Experience developing and leading large-scale accounting process, including experience managing projects with multiple stakeholders
Experience in automating, optimizing, or re-designing processes to support business growth
Experience analyzing large data sets
Preferred Qualifications
Big 4 experience
Experience in the Real Estate industry, e.g. construction and property leasing
Experience with Oracle Financials or other major ERP systems and Hyperion
Telecommunications industry exposure, e.g. fiber optic network, colocation, peering arrangement