ByteDance

Finance Business Partner, E-Commerce

Job Description

Posted on: 
April 24, 2024
Responsibilities

About ByteDance

Founded in 2012, ByteDance's mission is to inspire creativity and enrich life. With a suite of more than a dozen products, including TikTok, as well as platforms specific to the China market, including Toutiao, Douyin, and Xigua, ByteDance has made it easier and more fun for people to connect with, consume, and create content.

Why Join Us

Creation is the core of ByteDance's purpose. Our products are built to help imaginations thrive. This is doubly true of the teams that make our innovations possible.

Together, we inspire creativity and enrich life - a mission we aim towards achieving every day.

To us, every challenge, no matter how ambiguous, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always.

At ByteDance, we create together and grow together. That's how we drive impact - for ourselves, our company, and the users we serve.

Join us.

Position Summary:

The e-commerce industry has seen tremendous growth in recent years and has become a hotly contested space amongst leading Internet companies, and its future growth cannot be underestimated.

With millions of loyal users globally, we believe TikTok is an ideal platform to deliver a brand new and better e-commerce experience to our users. We are looking for passionate and talented people to join our finance team. Together we can build an e-commerce ecosystem that is innovative, secure and intuitive for our users.

Team Introduction

Finance BP and Business FP&A is a sub-department of Finance. It aims to improve management efficiency, drive key revenue initiatives, reduce financial risks and strengthen budget control by providing business analysis and management reports. This role will be supporting the E-Commerce business unit (TikTok Shop) in the Americas as it expands its footprint. The Finance Business Partner will be instrumental in driving financial and strategic initiatives for TikTok Shop Americas.

Responsibilities:

  • Partnership: Become a trusted member of the country's leadership team and provide guidance on financial strategy to the executive team.
  • Analytics and business support: Conduct analyses to drive revenue optimization, improve expense management and overall P&L. Develop recommendations and present to leadership for implementation.
  • Management reporting preparation: Participate in monthly closing for management reporting, organize business reviews and drive insights from financial and operational data.
  • Projections and forecasts: Assist finance business partners collect, produce financial projections and forecasts to ensure that the figures align with business fundamentals
  • Financial Operations: Develop and manage systems to support the financial operations of TikTok Shop by partnering with operations, product, sales, marketing and accounting teams
  • Capital allocation and contract approval: review the procurement applications and financial terms in the contract of each business/department to ensure efficient capital allocation
  • Cooperation with other finance teams: cooperate with general ledger, accounts payable, taxation and other finance teams


Qualifications

  • Corporate finance, consulting, investment banking or strategy and/or FP&A in a technology company
  • Soft skills: great communication skills, strong logical reasoning, team player, self-motivated, critical thinker, agile and resilient;
  • Hard skills: data analysis, financial modeling, and financial analysis; Advanced in excel, word, PPT, etc. Proficiency in SQL is a plus


ByteDance 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 ByteDance, our mission is to inspire creativity and enrich life. 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.

ByteDance Inc. 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://shorturl.at/cdpT2



Job Information:

【For Pay Transparency】Compensation Description (annually)

The base salary range for this position in the selected city is $104000 - $184000 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.

Our Company Benefits Are Designed To Convey Company Culture And Values, To Create An Efficient And Inspiring Work Environment, And To Support Our Employees To Give Their Best In Both Work And Life. We Offer The Following Benefits To Eligible Employees:

We cover 100% premium coverage for employee medical insurance, approximately 75% premium coverage for dependents and offer a Health Savings Account(HSA) with a company match. As well as Dental, Vision, Short/Long term Disability, Basic Life, Voluntary Life and AD&D insurance plans. In addition to Flexible Spending Account(FSA) Options like Health Care, Limited Purpose and Dependent Care.

Our time off and leave plans are: 10 paid holidays per year plus 17 days of Paid Personal Time Off (PPTO) (prorated upon hire and increased by tenure) and 10 paid sick days per year as well as 12 weeks of paid Parental leave and 8 weeks of paid Supplemental Disability.

We also provide generous benefits like mental and emotional health benefits through our EAP and Lyra. A 401K company match, gym and cellphone service reimbursements. The Company reserves the right to modify or change these benefits programs at any time, with or without notice.
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