What are the responsibilities and job description for the Finance Business Partner, Monetization position at TikTok?
Responsibilities
Team Introduction
Finance BP and Business FP&A is a sub-department of Finance. It aims to improve management efficiency, reduce financial risks and strengthen budget control by providing business analysis and management reports. We are building out a team to support unprecedented growth as we continue to expand our user and advertiser base, content library, and product features. It is an exciting time to join and help optimize our financial performance along this journey!
We are seeking a skilled Finance Business Partner to join our team. This role is central to providing strategic support, financial planning, and insightful analysis to enable informed decision-making within our organization.
Key Responsibilities:
1. Strategic Financial Support: Provide strategic support and expert advice to department heads and senior finance managers, helping drive key business initiatives.
2. Financial Planning: Lead the Financial Planning process for key functions, including the development of near-term and long-term budget plans. Monitor budget implementation to ensure timely commitments, and conduct rigorous variance analysis. Regularly update budgets and forecasts to guide decision-making.
3. Operational Optimization: Take charge of optimizing practices, policies, programs, and procedures to enhance efficiency and effectiveness.
4. Business Partnership: Collaborate closely with various business units, offering valuable financial insights and advice to support company-wide decision-making.
5. Market Analysis and Business Intelligence: Support industry analysis and conduct business intelligence research to provide actionable insights and stay ahead of market trends.
6. Continuous Improvement: Drive ongoing improvement in finance and operational processes, ensuring increased efficiency.
Qualifications
Minimum Qualifications:
1. Experience: Minimum 5 years experience in FP&A or equivalent roles is essential. Experience within the ad sales, sales finance and/or internet, media, or TMT industry is preferred.
2. Soft Skills: Exceptional communication skills, logical reasoning, collaborative teamwork, self-motivation, and critical thinking.
3. Analytical Skills: Proficiency in data analysis, particularly ROI-related analysis, financial modeling, and financial analysis.
4. Technical Skills: Advanced proficiency in Excel, Word, and PowerPoint. Proficiency in SQL and Power BI is highly preferred.
5. Certification: Certificates such as CFA or CPA are preferred.
About TikTok
TikTok is the leading destination for short-form mobile video. At TikTok, our mission is to inspire creativity and bring joy. TikTok's global headquarters are in Los Angeles and Singapore, and we also have offices in New York City, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo.
Why Join Us
Inspiring creativity is at the core of TikTok's mission. Our innovative product is built to help people authentically express themselves, discover and connect – and our global, diverse teams make that possible. Together, we create value for our communities, inspire creativity and bring joy - a mission we work towards every day.
We strive to do great things with great people. We lead with curiosity, humility, and a desire to make impact in a rapidly growing tech company. Every challenge is an opportunity to learn and innovate as one team. We're resilient and embrace challenges as they come. By constantly iterating and fostering an "Always Day 1" mindset, we achieve meaningful breakthroughs for ourselves, our company, and our users. When we create and grow together, the possibilities are limitless. Join us.
Diversity & Inclusion
TikTok is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At TikTok, our mission is to inspire creativity and bring joy. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too.
TikTok Accommodation
TikTok is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at https://tinyurl.com/RA-request
Job Information
【For Pay Transparency】Compensation Description (Annually)
The base salary range for this position in the selected city is $108000 - $220400 annually.
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).
The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
For Los Angeles County (unincorporated) Candidates:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:
1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
3. Exercising sound judgment.
Team Introduction
Finance BP and Business FP&A is a sub-department of Finance. It aims to improve management efficiency, reduce financial risks and strengthen budget control by providing business analysis and management reports. We are building out a team to support unprecedented growth as we continue to expand our user and advertiser base, content library, and product features. It is an exciting time to join and help optimize our financial performance along this journey!
We are seeking a skilled Finance Business Partner to join our team. This role is central to providing strategic support, financial planning, and insightful analysis to enable informed decision-making within our organization.
Key Responsibilities:
1. Strategic Financial Support: Provide strategic support and expert advice to department heads and senior finance managers, helping drive key business initiatives.
2. Financial Planning: Lead the Financial Planning process for key functions, including the development of near-term and long-term budget plans. Monitor budget implementation to ensure timely commitments, and conduct rigorous variance analysis. Regularly update budgets and forecasts to guide decision-making.
3. Operational Optimization: Take charge of optimizing practices, policies, programs, and procedures to enhance efficiency and effectiveness.
4. Business Partnership: Collaborate closely with various business units, offering valuable financial insights and advice to support company-wide decision-making.
5. Market Analysis and Business Intelligence: Support industry analysis and conduct business intelligence research to provide actionable insights and stay ahead of market trends.
6. Continuous Improvement: Drive ongoing improvement in finance and operational processes, ensuring increased efficiency.
Qualifications
Minimum Qualifications:
1. Experience: Minimum 5 years experience in FP&A or equivalent roles is essential. Experience within the ad sales, sales finance and/or internet, media, or TMT industry is preferred.
2. Soft Skills: Exceptional communication skills, logical reasoning, collaborative teamwork, self-motivation, and critical thinking.
3. Analytical Skills: Proficiency in data analysis, particularly ROI-related analysis, financial modeling, and financial analysis.
4. Technical Skills: Advanced proficiency in Excel, Word, and PowerPoint. Proficiency in SQL and Power BI is highly preferred.
5. Certification: Certificates such as CFA or CPA are preferred.
About TikTok
TikTok is the leading destination for short-form mobile video. At TikTok, our mission is to inspire creativity and bring joy. TikTok's global headquarters are in Los Angeles and Singapore, and we also have offices in New York City, London, Dublin, Paris, Berlin, Dubai, Jakarta, Seoul, and Tokyo.
Why Join Us
Inspiring creativity is at the core of TikTok's mission. Our innovative product is built to help people authentically express themselves, discover and connect – and our global, diverse teams make that possible. Together, we create value for our communities, inspire creativity and bring joy - a mission we work towards every day.
We strive to do great things with great people. We lead with curiosity, humility, and a desire to make impact in a rapidly growing tech company. Every challenge is an opportunity to learn and innovate as one team. We're resilient and embrace challenges as they come. By constantly iterating and fostering an "Always Day 1" mindset, we achieve meaningful breakthroughs for ourselves, our company, and our users. When we create and grow together, the possibilities are limitless. Join us.
Diversity & Inclusion
TikTok is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At TikTok, our mission is to inspire creativity and bring joy. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too.
TikTok Accommodation
TikTok is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at https://tinyurl.com/RA-request
Job Information
【For Pay Transparency】Compensation Description (Annually)
The base salary range for this position in the selected city is $108000 - $220400 annually.
Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the Total Package that is provided to compensate and recognize employees for their work, and this role may be eligible for additional discretionary bonuses/incentives, and restricted stock units.
Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).
The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
For Los Angeles County (unincorporated) Candidates:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Our company believes that criminal history may have a direct, adverse and negative relationship on the following job duties, potentially resulting in the withdrawal of the conditional offer of employment:
1. Interacting and occasionally having unsupervised contact with internal/external clients and/or colleagues;
2. Appropriately handling and managing confidential information including proprietary and trade secret information and access to information technology systems; and
3. Exercising sound judgment.
Salary : $108,000 - $220,400