Job Description
The FP&A team manages Meta’s entire budget of revenue and expenses, overseeing our investments in headcount, operating expenses, and capital investments etc. We focus on using our unique view into ‘the numbers’ to see trends and opportunities that are developing within Meta and within related industries. As Meta continues to push the boundaries of artificial intelligence, our data centers are at the forefront of this revolution. The FP&A team plays a critical role in fueling this growth by managing the financial planning and analysis for our Network Infrastructure Hardware investments. We're not just talking about numbers - we're talking about building the backbone of the future.In this high-stakes environment, we need a Finance Associate who can help us navigate the complexities of hyper- scaling our data center infrastructure. As part of our team, you'll be responsible for budgeting, tracking, reporting, and analyzing investments in capital expenditures and operating expenses for our Network Infrastructure organization. You'll work closely with leaders across multiple functional teams and business partners to drive financially sound outcomes and create long-term sustainable economic value for the company.As a key contributor to our growing Finance organization, you'll have the opportunity to make a significant impact on the future of Meta's AI capabilities. If you're ready to take on the challenge of a lifetime and join the frontlines of the AI capacity revolution, we want to hear from you.Finance Associate, Infrastructure FP&A Responsibilities
Meta is a social technology company that enables people to connect, find communities, and grow businesses. Previously known as Facebook, Mark Zuckerberg announced the company rebrand to Meta on October 28, 2021 at the company's annual Connect Conference. Facebook was founded by Mark Zuckerberg in Menlo Park, California in 2004. With millions of more users, [Friendster] attempted to acquire the company for $10 million in mid-2004. Facebook turned down the offer and subsequently received $12.7 million in funding from [Accel Partners] at a valuation of around $100 million. Facebook continued to grow opening up to high school students in September 2005 and adding a photo-sharing feature the next month. The next spring, Facebook received $25 million in funding from [Greylock Partners] and [Meritech Capital] as well as previous investors [Accel Partners] and [Peter Thiel]. The pre-money valuation for this deal was about $525 million. Facebook subsequently opened up to work networks eventually amassing over 20,000 work networks. Finally, in September 2006, Facebook was opened to anyone with an email address. Facebook continued to receive funding most notably in January 2011 receiving $1.5 billion and valuing the company at $50 billion. A year later in February 2012, Facebook announced that it was filing for its long-anticipated initial public offering. The company went public on May 18, 2012 opening in [NASDAQ] with shares trading at $42.05. Facebook announced positive numbers in February 2012 upon filing for its IPO. As of July 2013 over 1.15 billion users have logged into Facebook every month and 669 million users daily. Mobile users now make up half of Facebook’s user base with 819 million monthly actives. Facebook is one of the most trafficked sites in the United States. Additionally, Facebook is the top photo-sharing site with 250 million photos uploaded per day. The company has a strategic partnership with AXA Group to develop marketing and commercial collaboration in the digital, social, and mobile sphere. Facebook is currently the owner of many applications and services such as Pagemodo Pagebuilder, [RSS Graffiti], Huddle, and more. It is the world’s largest social network with over 1.32 billion monthly active users.