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Senior Associate, Finance

Omidyar Network is seeking a Senior Associate in Finance to support financial planning, investment accounting, and operational planning, connecting various parts of the organization towards a mission-driven purpose.

Skills

  • Financial reporting
  • Analytical skills
  • Business systems knowledge
  • Communication skills
  • Critical thinking

Responsibilities

  • Assist with preparation of monthly Budget Variance Analysis reporting
  • Support annual budgeting process
  • Assist with Investment Accounting and reporting
  • Participate in integration and maintenance of business systems
  • Support month-end close procedures

Education

  • Bachelor's degree in Finance, Accounting, or related field
  • CPA/CFA preferred

Benefits

  • Health care (medical/dental/vision)
  • Paid time off
  • Generous employer 401k contribution
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$141514.5 / YEARLY (est.)
min
max
$125791K
$157238K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Associate, Finance, Omidyar Network

Step into the impactful world of Omidyar Network as a Senior Associate in Finance! Based in Redwood City, California, you'll be joining a team that believes in leveraging technology for social good, investing strategically to make a difference. As a key player, you will report directly to the Head of Finance and collaborate closely with our operations team, directly influencing the organization's trajectory. Your responsibilities will balance financial planning and analysis, investment accounting, and operational support, contributing to our mission of responsible stewardship of resources. With a focus on monthly Budget Variance Analysis, you'll create insightful reports that help drive strategic decisions while tracking operational expenses. Additionally, you'll dive into investment accounting, assisting with everything from capital calls to quarterly reporting, ensuring that our investment strategies are sound and well-documented. You’ll also be involved in enhancing our business systems, participating in their implementation and maintenance. This role is not just about crunching numbers; it’s about connecting with your colleagues, engaging in cross-functional teams, and improving our processes for the betterment of our mission. You’ll need a blend of skills, including critical thinking, analytical prowess, and effective communication, to thrive in this vibrant environment. With competitive salary ranges and benefits, including a strong 401k contribution and comprehensive health care options, we’re excited to welcome someone who shares our passion for driving impactful change. If your ambition aligns with our vision, we encourage you to apply!

Frequently Asked Questions (FAQs) for Senior Associate, Finance Role at Omidyar Network
What are the main responsibilities of the Senior Associate, Finance at Omidyar Network?

The Senior Associate, Finance at Omidyar Network plays a crucial role in financial planning and analysis, investment accounting, and operational support. This includes preparing monthly Budget Variance Analysis (BvA) reports, assisting with investment accounting tasks such as capital calls and quarterly Fund statements, and participating in the improvement of business systems. You'll be essential in ensuring regulatory compliance and effective resource stewardship.

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What qualifications do I need to apply for the Senior Associate, Finance position at Omidyar Network?

To apply for the Senior Associate, Finance position at Omidyar Network, candidates should possess over 4 years of relevant finance or accounting experience, ideally with a mix of audit and investment industry exposure. A CPA or CFA certification is preferred, alongside strong analytical skills and proficiency in financial reporting and accounting principles (US GAAP). Exceptional communication and problem-solving abilities are also essential.

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How does the Senior Associate, Finance contribute to Omidyar Network's mission?

The Senior Associate, Finance contributes to Omidyar Network's mission by ensuring that financial resources are managed effectively to support social impact initiatives. By delivering insightful analyses and accurate financial reporting, you help guide strategic decision-making, ensuring the organization is well-positioned to make a positive impact with its investments and operational strategies.

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What is the work environment like for the Senior Associate, Finance at Omidyar Network?

The work environment for the Senior Associate, Finance at Omidyar Network is dynamic and collaborative. Team members work closely with cross-functional teams and external partners, fostering a culture of open communication and shared purpose. The position requires being in the office at least two days per week, promoting teamwork while allowing for flexibility in a hybrid work model.

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What opportunities for growth does the Senior Associate, Finance role provide at Omidyar Network?

The Senior Associate, Finance role offers significant growth opportunities within Omidyar Network. By working closely with the Head of Finance and various departments, you'll gain exposure to diverse financial operations and strategic initiatives. The position encourages professional development through continuous learning and engagement with impactful projects, contributing to your career advancement within the organization.

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Common Interview Questions for Senior Associate, Finance
Can you explain your experience with financial planning and analysis?

When answering this question, detail specific experiences where you've successfully managed financial planning and analysis processes. Highlight your role in preparing budgets, forecasts, and variance analyses, mentioning tools or systems used that demonstrate your proficiency in finance.

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How do you handle budget variance analysis?

For this question, describe your methodology in tracking budget variances. Discuss how you analyze discrepancies, provide insights to stakeholders, and recommend corrective actions, emphasizing your analytical skills and understanding of financial processes.

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What strategies do you use for investment accounting?

When tackling this question, share your familiarity with investment accounting practices, including capital calls and fund statement preparations. Use examples to show your strategic approach to managing investment portfolios and ensuring timely and accurate reporting.

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Can you give an example of a financial report you created?

In your response, walk the interviewer through a specific financial report you created, detailing its purpose, audience, and key findings. Emphasize how you presented the data clearly, ensuring insights were easily understandable for decision-making.

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How do you ensure compliance with accounting standards?

Discuss your approach to staying informed about financial regulations and accounting standards. Share experiences where you've implemented processes or conducted training to uphold compliance within your team or organization.

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What financial analysis tools are you proficient in?

Identify the tools you've used in financial analysis, such as Excel, budgeting software, or ERP systems. When answering, emphasize your proficiency levels and how these tools have enhanced your efficiency and accuracy in financial reporting.

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Describe a challenging financial problem you've solved.

Share a specific scenario where you encountered a complex financial issue. Explain your thought process and the steps taken to resolve the issue, emphasizing your problem-solving skills and analytical thinking.

Join Rise to see the full answer
How do you prioritize multiple financial projects?

When answering this question, explain your organizational strategies, such as setting deadlines, assessing project impacts, and communicating with stakeholders. Illustrate your efficiency and ability to adapt to shifting priorities in a fast-paced environment.

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Can you explain your role in the budgeting process?

Detail your involvement in the budgeting process, from initial planning to execution. Share how you've collaborated with different teams to gather inputs, analyze data, and refine budget proposals based on detailed financial analysis.

Join Rise to see the full answer
Why do you want to work for Omidyar Network as a Senior Associate, Finance?

In your answer, convey your alignment with Omidyar Network's mission and values. Highlight your passion for using finance as a tool for social impact, and discuss how you believe your skills in finance will contribute to the organization’s role in guiding the digital revolution.

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DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$125,791/yr - $157,238/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 3, 2025

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