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Finance Operations Coordinator

Job in Sunnyvale, Santa Clara County, California, 94087, USA
Listing for: Institute of Foundation Models
Full Time position
Listed on 2026-06-26
Job specializations:
  • Finance & Banking
    Bookkeeper/ Accounting Clerk, Office Administrator/ Coordinator, Accounting & Finance
  • Accounting
    Bookkeeper/ Accounting Clerk, Office Administrator/ Coordinator, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 70000 - 110000 USD Yearly USD 70000.00 110000.00 YEAR
Job Description & How to Apply Below

Key Responsibilities Manual Accounts Payable & Expenses

  • Invoice Processing:
    Manually intake, verify, and track all vendor invoices in a master spreadsheet.
  • Reimbursements:
    Process researcher travel and expense reports, ensuring all "out-of-pocket" spends are documented and repaid via payroll.
  • Vendor Setup:
    Maintain a "Vendor Master File" with W-9s and banking instructions to ensure we pay the right people.
Budgeting & Financial Reporting
  • Variance Analysis:
    Maintain and update monthly financial spreadsheets comparing Planned Spend vs. Actual Spend to flag variances.
  • Runway Forecasting:
    Calculate and provide a vital monthly Cash Runway Report to ensure leadership has clear visibility into cash flow.
  • Data Integrity:
    Serve as the primary focal point for all financial data entry, ensuring clean, audit-ready records.
Accounts Payable (AP) & Expense Management
  • Manual Invoice Processing:
    Manually intake, verify, and track all incoming vendor invoices within a master spreadsheet to ensure accuracy before payment.
  • Vendor Setup & Compliance:
    Maintain a comprehensive "Vendor Master File", collecting and organizing W-9s and banking/wire instructions.
  • Reimbursements & Travel:
    Process researcher travel and out-of-pocket expense reports, ensuring full documentation and compliance before coordinating repayment via payroll.
Banking & Treasury Setup (Ground Zero)
  • Account Establishment:
    Research business banking options (e.g., Mercury, Brex, or traditional banks) and coordinate the paperwork (EIN, Articles of Incorporation) to open accounts.
  • Card Administration:
    Issue and monitor lab credit cards, setting manual spending limits and chasing down receipts for every transaction.
  • Cash Control:
    Actively reconcile petty cash and ensure rigorous oversight of all physical and digital funds.
Contract & Document Management
  • Contract Repository:
    Build and maintain an organized digital repository of all vendor contracts, agreements, and financial commitments.
Academic Qualifications
  • Education:

    Bachelor's degree in accounting, Finance, or a related field (or equivalent hands‑on experience).
  • Experience:

    2–4 years of experience in accounting, bookkeeping, or finance operations (experience in a startup or research lab environment is a major plus).
  • Technical

    Skills:

    Advanced proficiency in MS Excel / Google Sheets. Familiarity with modern banking platforms (Brex, Mercury) and payroll/accounting software is preferred.
  • Attributes:
    Extreme attention to detail, a high degree of integrity when handling confidential financial data, and the ability to thrive in an environment requiring manual process setup.
Professional Experience
  • Minimum of 2- 3 years of experience in an office and administrative role.
  • Proven experience with basic accounting tasks, invoicing, and expense management.

$70,000 - $110,000 a year

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