Full-Time

Head of Internal Controls

Posted on 8/6/2024

OpenAI

OpenAI

1,001-5,000 employees

Develops safe and beneficial AI technologies

AI & Machine Learning

Senior, Expert

San Francisco, CA, USA

Hybrid work model requiring 3 days in the office per week; relocation assistance is available.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
NetSuite
Requirements
  • A Bachelor’s or Master’s degree in Finance, Accounting, or a related field with at least 12+ years of experience in risk management, internal controls, or a related function.
  • Professional Certifications: CPA, CIA, or CISA preferred, with a deep understanding of the COSO framework and experience in applying it within a tech-focused environment.
  • Experience with ITGCs and External Vendor Reviews: Proven ability to implement and monitor IT General Controls, and conduct SOC 2 reviews or similar for external vendors.
  • Strong Leadership and Communication Skills: Demonstrated ability to lead cross-functional teams and manage complex projects. Excellent communication skills are essential for interacting with both technical and non-technical stakeholders.
  • Analytical and Problem-Solving Skills: Strong capability to analyze risk and design effective controls. Ability to identify and implement process improvements that enhance reliability and efficiency.
  • Technology Proficiency: Experience with modern ERP systems like NetSuite and control tools like Workiva/Auditboard would be advantageous.
Responsibilities
  • Lead Risk Assessments: Spearhead comprehensive risk assessments to uncover potential vulnerabilities and devise robust mitigation strategies. This includes critical IT system risks.
  • Design and Implement Control Activities: Craft and continuously refine a suite of control activities grounded in COSO principles. This role demands innovative thinking to develop both preventive and detective controls that ensure the integrity and reliability of OpenAI's financial and operational processes, including:
  • IT General Controls (ITGCs): Implement stringent ITGCs to regulate access and guarantee data integrity.
  • Policies and Procedures: Establish clear, actionable policies and develop procedures that operationalize these frameworks. Ensure these are well-communicated and executed to align with OpenAI’s strategic goals.
  • Segregation of Duties: Intelligently design and enforce segregation of duties within the workflow to minimize risks and boost efficiency.
  • Integrated Monitoring Framework: Develop and manage a sophisticated monitoring system that continuously evaluates the effectiveness of internal controls. This framework will provide real-time insights into all control components.
  • Proactive Reporting and Response: Regularly test, review, and report on the health of OpenAI's internal controls to senior management and the board of directors. Be agile in responding to and adjusting controls to swiftly address new risks and changes in operations.
  • Regulatory Compliance and Standards Adherence: Ensure all monitoring activities are in line with current regulatory demands and best practices.
  • Strategic Leadership: Take on a pivotal leadership role in safeguarding OpenAI's control environment. Deliver polished, insightful reports to key stakeholders including the board, audit committee, and CFO.
  • External Audit Liaison: Act as the primary point of contact for external auditors, ensuring that all audit requirements are met, and any remediation actions are promptly addressed.

OpenAI develops and deploys artificial intelligence technologies aimed at benefiting humanity. The company creates advanced AI models capable of performing various tasks, such as automating processes and enhancing creativity. OpenAI's products, like Sora, allow users to generate videos from text descriptions, showcasing the versatility of its AI applications. Unlike many competitors, OpenAI operates under a capped profit model, which limits the profits it can make and ensures that excess earnings are redistributed to maximize the social benefits of AI. This commitment to safety and ethical considerations is central to its mission of ensuring that artificial general intelligence (AGI) serves all of humanity.

Company Stage

Late Stage VC

Total Funding

$18.4B

Headquarters

San Francisco, California

Founded

2015

Growth & Insights
Headcount

6 month growth

4%

1 year growth

-1%

2 year growth

-7%
Simplify Jobs

Simplify's Take

What believers are saying

  • OpenAI's $6.6 billion funding boosts its AI research and computational capacity.
  • Customizable ChatGPT personas enhance user engagement and satisfaction.
  • OpenAI's 'Operator' AI agent could revolutionize workforce automation by 2025.

What critics are saying

  • Elon Musk's legal battle may pose financial and reputational challenges for OpenAI.
  • Customizable ChatGPT personas could lead to privacy and ethical concerns.
  • Competitors like Anthropic raising capital may intensify market competition.

What makes OpenAI unique

  • OpenAI's capped profit model prioritizes ethical AI development over unlimited profit.
  • OpenAI's AI models, like Sora, offer unique video creation from text descriptions.
  • OpenAI's focus on AGI aims to create AI systems smarter than humans.

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Benefits

Health insurance

Dental and vision insurance

Flexible spending account for healthcare and dependent care

Mental healthcare service

Fertility treatment coverage

401(k) with generous matching

20-week paid parental leave

Life insurance (complimentary)

AD&D insurance (complimentary)

Short-term/long-term disability insurance (complimentary)

Optional buy-up life insurance

Flexible work hours and unlimited paid time off (we encourage 4+ weeks per year)

Annual learning & development stipend

Regular team happy hours and outings

Daily catered lunch and dinner

Travel to domestic conferences

INACTIVE