Finance Operations Coordinator
Job in
Sunnyvale, Santa Clara County, California, 94087, USA
Listed on 2026-06-26
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
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.
- 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.
- 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.
- 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 Repository:
Build and maintain an organized digital repository of all vendor contracts, agreements, and financial commitments.
- 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.
- 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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