Full-Time

Accounting Manager

Confirmed live in the last 24 hours

Opendoor

Opendoor

1,001-5,000 employees

Technology-driven platform for buying and selling homes

No salary listed

Senior, Expert

Chennai, Tamil Nadu, India

Hybrid roles require role responsibilities to be performed in the office at least 3 days a week, Monday, Wednesday & Thursday.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Professional qualification in Accounting and Finance
  • Minimum of +8 years of professional experience either in Big 4 or with a US based publicly traded company with a subsidiary in India
  • Expertise with Financial Reporting and India compliance requirements
  • Expertise in US GAAP and Indian GAAP reconciliation
  • Experience in recruiting, training, guiding and managing an Accounting team
  • Ability to thrive in a changing environment where continual process improvement is expected
  • Clear and effective oral and written communication skills
  • High bar for attention to detail and process design, documentation and improvement
  • Demonstrated ability for picking up new technologies quickly and comfortably
  • Excellent Excel skills
Responsibilities
  • Manage the accounting operations of our India-based subsidiary, for example, revenue, expense accruals, accounts payable, fixed assets, RTR, transfer pricing, financial reporting and statutory filings.
  • Review balance sheet reconciliations and make sure that any outstanding items are investigated and subsequently cleared.
  • Prepare monthly fluctuation explanations and present them in our close leadership meeting.
  • Identify and implement process improvements and automation to support Opendoor’s growing finance and business operations.
  • Recruit, train and provide guidance to junior team members so that they excel in their day to day roles as well as obtain a thorough understanding of our financial statements.
  • Identify controls and prepare documentation for compliance requirements for month end / accounting close processes.
  • Prepare year end statutory financial statements and co-ordinate with auditors for queries and later getting it signed.
  • Developing SOP’s for the accounting function
Desired Qualifications
  • NetSuite, Coupa or SQL experience
  • Chartered Accountant
  • Experience auditing or accounting for companies registered with the SEC and subject to SOX 404 audits

Opendoor simplifies the buying and selling of homes in the U.S. residential real estate market. For sellers, it offers a quick process where they can request a cash offer by providing property details. Using proprietary algorithms and market data, Opendoor generates a competitive offer, allowing sellers to bypass traditional listing and negotiation hassles. For buyers, Opendoor provides a platform to browse homes and schedule self-guided tours, with the option to use their own agents. The company earns revenue through service fees from sellers and potential appreciation from homes it buys and resells. Opendoor's goal is to make real estate transactions more efficient and less stressful, while expanding its market presence and adapting to health and safety needs.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for digital real estate platforms boosts Opendoor's market potential.
  • AI and machine learning enhance Opendoor's property valuation accuracy.
  • Remote work trends increase demand for suburban real estate, benefiting Opendoor.

What critics are saying

  • Rising interest rates may slow Opendoor's home buying and selling processes.
  • Increased competition from iBuyer platforms could pressure Opendoor's market share.
  • Recent layoffs suggest potential financial instability within Opendoor.

What makes Opendoor unique

  • Opendoor offers instant cash offers, bypassing traditional real estate hassles.
  • The platform allows self-guided home tours, enhancing buyer convenience.
  • Opendoor uses proprietary algorithms for competitive home pricing.

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Benefits

Happier workdays - Add a little fun to your workday with Pendo board game night, team karaoke, ping pong, or enjoy a local brew on our rooftop deck.

Health and wellness benefits - Generous health and wellness plans designed to meet the needs of you and your family, including medical, dental, and vision benefits.

Paid parental leave - Up to 16 weeks of paid parental leave, and a flexible schedule upon your return to help you make the most of those special moments.

Learning and development - In-house management development classes, guest speaker lunch and learns, and select conferences help keep talent sharp.

Flexible work hours and PTO - Enjoy the benefits of a flexible time off policy, flexible work hours, and paid parental leave.

Global offices - Work across the globe in the cities that we love like Raleigh, San Francisco, New York, Herzliya, Tokyo, London and Sheffield.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
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