Full-Time
Senior Financial Analyst
Posted on 11/23/2025
OPENLANE
5,001-10,000 employees
Online wholesale automotive marketplace for dealers
No salary listed
Carmel, IN, USA
Hybrid
Hybrid role requiring 3 days on-site weekly in Carmel, IN.
 Finance & Banking (1) |
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- Bachelor’s degree in Accounting, Finance, Economics, or a related field
- 5+ years of experience in FP&A, corporate finance, or related roles (experience in large public companies a plus)
- Robust experience with FP&A planning software; Workday Adaptive experience required. System admin-level experience is a major plus
- Strong understanding of financial statements, financial modeling, and key performance indicators
- Advanced Excel skills (pivots, SUMIFS, VLOOKUP, IF/THEN logic, etc.)
- Strong analytical skills with the ability to work with large datasets and deliver concise insights
- Lead the financial budgeting, forecasting, and planning process end-to-end
- Serve as a subject matter expert and system administrator for FP&A planning software (Workday Adaptive strongly preferred), driving adoption, automation, and reporting enhancements
- Maintain and improve financial models for revenue, sales forecasts, product profitability, and operating performance
- Prepare and deliver presentations for senior management and executive reviews, including monthly business reviews and forecasts
- Conduct monthly operational and financial reviews and provide actionable insights
- Establish, track, and communicate KPIs and ROI metrics to evaluate performance across business units
- Partner cross-functionally to provide analytical support for strategic initiatives, growth opportunities, and cost optimization
- Lead or support ad hoc strategic projects as needed
- Experience with SQL for deeper data querying and analysis
- Familiarity with data visualization and dashboard tools such as Domo
- Experience in global, high-growth, marketplace-driven businesses
Openlane operates an online wholesale automotive marketplace that helps car dealers buy and sell vehicles. It provides a large inventory of dealer trades, commercial vehicles, and off-lease exclusives, all accessible through a single platform. Dealers use Openlane to browse listings, review extensive vehicle reports, and complete transactions, with fees charged for listings, sales facilitation, and value-added services such as inspections and reporting. The platform’s emphasis on detailed vehicle data and nationwide reach helps reduce risk and improve profitability for dealers. Unlike some peers, Openlane combines broad, dealer-focused inventory with transparent, data-rich reporting and a streamlined online process. The company’s goal is to make wholesale vehicle trading easier, more transparent, and profitable for dealers across the country.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Redwood City, California
Founded
1997
Simplify's Take
What believers are saying
- Q1 2026 revenue surged 15% to $97M with 19% vehicle sales growth.
- US dealer-to-dealer volumes grew over 20% year-on-year in Q4 2025.
- Raised 2026 EBITDA guidance to $350M-$370M amid off-lease returns.
What critics are saying
- RBC Bearings' ADESA acquisition erodes OPENLANE's US market share by Q1 2027.
- Manheim's AI pricing tool drives 15-20% volume loss within 9 months.
- Oracle's $250M lawsuit drains OPENLANE's cash by mid-2027.
What makes OPENLANE unique
- OPENLANE Intelligence unifies AI for damage detection and OBD2 data translation.
- End-to-end platform integrates whole car auctions, financing, and logistics globally.
- Digital marketplaces connect OEMs, dealers, and fleets across 40 countries.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Mental Health Support
Tuition Reimbursement
Professional Development Budget
Company News
OPENLANE reported fourth-quarter results showing 9% revenue growth to $494 million and adjusted EBITDA of $76 million, up 5% year-on-year. The digital vehicle marketplace operator sold nearly 1.5 million vehicles in 2025, generating $1.9 billion in total revenue and $333 million in adjusted EBITDA. The company's dealer-to-dealer business grew 9% in the fourth quarter, with US volumes accelerating to over 20% year-on-year growth. CEO Peter Kelly said commercial vehicle volumes turned positive in December after declining 2% in the quarter. For full-year 2025, OPENLANE achieved 15% growth in dealer-to-dealer volumes and 17% increase in adjusted EBITDA. The finance segment grew loan transaction yields whilst maintaining a 1.6% loan loss rate. Looking ahead to 2026, Kelly expects continued growth driven by increasing off-lease vehicle returns and market share gains in the US dealer-to-dealer segment.
OPENLANE, a digital marketplace for used vehicles, reported fourth-quarter revenue of $494 million, up 9% year-over-year, driven by 12% growth in auction fees. Income from continuing operations rose 14% to $60 million, whilst adjusted EBITDA increased 5% to $76 million. For the full year, the company sold nearly 1.5 million vehicles and generated revenue of $1.9 billion, up 8% year-over-year. Annual adjusted EBITDA grew 13% to $333 million, with operating cash flow jumping 34% to $392 million. Marketplace dealer volume increased 15% despite challenging conditions in Canada. The Indiana-based company issued 2026 guidance projecting adjusted EBITDA of $350 million to $370 million and net income of $130 million to $147 million, citing positive momentum from the industry's digital migration.
OPENLANE, a digital marketplace operator for wholesale used vehicles, has launched OPENLANE Intelligence, a unified framework combining its AI-enhanced data and technology capabilities. The system aims to provide actionable insights for dealers making buying and selling decisions in the wholesale market. OPENLANE Intelligence currently powers several marketplace features, including AI-powered exterior damage detection in vehicle condition reports, translated OBD2 scan data and AI-assisted engine audio anomaly detection. These tools help identify potential issues and provide benchmark comparisons. The company plans to expand OPENLANE Intelligence capabilities to address dealer challenges in inventory management, operational efficiency and pricing confidence. Features powered by the framework are marked with an OPENLANE Intelligence star symbol across the platform.
OPENLANE names Bill Wright Vice President of Investor Relations. OPENLANE (NYSE: KAR) announced on October 6, 2025 that Bill Wright has been appointed Vice President of Investor Relations. Wright will lead the investor relations program and act as the primary liaison to stockholders, analysts and the financial community. He brings more than 30 years of investor relations, financial markets and C-suite advisory experience, including IR leadership at Enfusion and Katapult and prior roles at Unicom Capital and AIG. Management says Wright will help expand OPENLANE's investor profile and communicate the company's growth strategy. Contact details for media and investor inquiries are provided for OPENLANE. Strengthens Leadership Bench With More Than 30 Years of Investor Relations and Financial Markets Experience CARMEL, Ind., Oct. 6, 2025 /PRNewswire/ - OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the appointment of Bill Wright as Vice President of Investor Relations. Wright will be responsible for leading the company's investor relations program, serving as the primary liaison communicating OPENLANE's vision, strategy and growth to stockholders and the broader financial community. "It's an exciting time for OPENLANE as we accelerate our vision to build the world's greatest digital marketplace for used vehicles," said Brad Herring, EVP and Chief Financial Officer at OPENLANE. "Bill is a seasoned IR leader with a proven track record delivering results that drive stockholder value. His deep and enduring relationships spanning the investor and financial community are just what we need to help showcase OPENLANE's compelling strategy for growth." Wright brings over three decades of investor relations, financial markets and C-suite advisory experience. Most recently, he led investor relations at Enfusion, a provider of SaaS solutions to the financial services industry, and Katapult, a consumer finance fintech company where he launched the investor relations function and steered the company through its IPO. Earlier in his career, Wright was managing director of investment research at Unicom Capital, and previously held various roles at AIG. "I'm delighted to join OPENLANE during this pivotal moment in its transformation story, and deeply admire the company's clarity of purpose and vision," said Bill Wright, VP of Investor Relations. "As the leading digital marketplace for wholesale used vehicles, OPENLANE has a powerful growth narrative anchored in a differentiated strategy, products and innovation pipeline. I look forward to putting my experience and relationships to work telling OPENLANE's story while expanding the company's investor profile with stockholders and analysts alike." Wright holds a Master of Business Administration in Finance and Marketing from NYU Stern School of Business, and a Bachelor of Arts in Political Science and Philosophy from Stony Brook University. | OPENLANE Contacts: | | Media Inquiries: | Analyst Inquiries: | | Laurie Dippold | Bill Wright | | (317) 468-3900 | (317) 249-4559 | | [email protected] | [email protected] | About OPENLANE OPENLANE, Inc. (NYSE: KAR) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services deliver a fast, fair and transparent experience that helps customers make smarter decisions and achieve better outcomes. Headquartered in Carmel, Indiana, OPENLANE has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest OPENLANE news, visit corporate.openlane.com. Who is the new VP of Investor Relations at OPENLANE (KAR) and when was he appointed? Bill Wright was appointed Vice President of Investor Relations on October 6, 2025. What experience does Bill Wright have relevant to OPENLANE (KAR)? Wright has over 30 years in investor relations and financial markets, including IR roles at Enfusion and Katapult and prior positions at Unicom Capital and AIG. How will Bill Wright's role affect OPENLANE's (KAR) investor communications? He will lead the investor relations program and serve as the primary liaison to stockholders, analysts and the financial community to expand the company's investor profile. Does OPENLANE (KAR) provide contact details for investor inquiries after the appointment? Yes. The release lists investor relations contact information including an email at [email protected] and a phone number. What qualifications does Bill Wright hold relevant to his VP IR role at OPENLANE (KAR)? He holds an MBA in Finance and Marketing from NYU Stern and a BA from Stony Brook University, plus extensive IR leadership experience.
OPENLANE (NYSE: KAR) has appointed Brad Herring as EVP and Chief Financial Officer, effective May 27, 2025.