Facebook was built to help people connect and share, and over the last decade our tools have played a critical part in changing how people around the world communicate with one another. With over a billion people using the service and more than fifty offices around the globe, a career at Facebook offers countless ways to make an impact in a fast growing organization.
Facebook is seeking a Technical Accounting Director. This position is full-time and located in our Menlo Park, CA headquarters.
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Monitor the activities of all accounting standard setting bodies to ensure timely identification of emerging accounting pronouncements
Lead the quarterly GAAP and SEC updates with the Chief Accounting Officer.
Understand and provide interpretation of new accounting pronouncements in order to assist management in assessing financial and operational implications
Support the implementation of new accounting standards across functional teams within the company where applicable.
Review contracts and agreements, research relevant accounting guidance, recommend accounting and disclosure requirements for complex non-routine transactions, including but not limited to the areas of business combination, share-based compensation and leases.
Prepare technical accounting memorandums for significant transactions and support the review process with finance management and external auditors.
Conduct financial due diligence of proposed M&A transactions as needed.
Support the External Reporting team to ensure proper implementation of new accounting pronouncements
Participate in the review of quarterly and annual SEC filings
Assist in the preparation of financial statement disclosures in times of high seasonal demand or in areas with increased complexity.
Support various accounting teams with the drafting and review of any new accounting policies or updates of existing policies.
Serve as a company-wide technical accounting resource for ad-hoc questions and initiatives
Manage a lean internal team supplemented by external resources
Minimum Qualification
Bachelor or higher degree in accounting or finance
CPA, or equivalent qualification with US GAAP experience
Senior manager tenure or longer in a Big 4 accounting firm, including experience working with the firm’s technical advisory / professional practice / national office
Demonstrated knowledge and ability in researching and documenting new accounting guidance and the accounting treatment of issues
Demonstrated ability to explain concepts in a clear and precise manner
Working knowledge of Microsoft Office suite
Preferred Qualifications
Experience in a technical accounting role of a public US company
IFRS knowledge
Experience in the technology or social media industry
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