Analyst - Finance & Strategy at Opendoor

Chennai, Tamil Nadu, India

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Strategy, Retail, E-commerce, BiotechnologyIndustries

Requirements

Candidates should have 2-4 years of experience in Financial Planning & Analysis (FP&A), investment banking, management consulting, and/or forecasting roles, a Bachelor's degree in Finance, Economics, or Accounting; MBA, CMA, CPA is a bonus, experience in working under US GAAP and accrual-based accounting, strong understanding of advanced lookup functions in Excel, and fluency in Microsoft Office suite / Google suite.

Responsibilities

As an Analyst on the Finance and Strategy team, the role will involve driving monthly and quarterly financial reporting, building and maintaining instrumentation for business performance measurement, building forecasting models and tracking financial performance, becoming a subject-matter expert in internal financial reporting, partnering with the business to support strategy and decision-making, leading ad hoc financial modeling and analysis, and building detailed financial, scenario-based models to evaluate investment priorities and potential alternatives.

Skills

Financial Planning & Analysis (FP&A)

Investment banking

Management consulting

Forecasting

US GAAP

Accrual-based accounting

Excel (advanced lookup functions)

Microsoft Office suite

Google suite

Hyperion - Smartview

Adaptive Insights

Anaplan

Financial planning software

Problem-solving

Analytical abilities

Written communication

Verbal communication

Time management

Interpersonal skills

P&L reporting

Financial modeling

Opendoor

Technology-driven platform for buying and selling homes

About Opendoor

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 avoid the 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 ensuring client safety.

San Francisco, CaliforniaHeadquarters

2014Year Founded

$2,023.2MTotal Funding

IPOCompany Stage

Data & Analytics, Real EstateIndustries

1,001-5,000Employees

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.

Risks

Increased competition from tech-driven traditional real estate firms may erode market share.

Recent layoffs could impact operational efficiency and service quality.

Strategic shifts from new executive appointments may not align with market demands.

Differentiation

Opendoor offers a seamless, quick, and transparent home buying and selling experience.

The company uses proprietary algorithms to provide competitive cash offers to sellers.

Opendoor's user-friendly platform allows self-guided home tours and online purchase completion.

Upsides

Growing consumer preference for digital transactions aligns with Opendoor's online platform.

AI-driven predictive analytics can enhance Opendoor's pricing algorithms for competitive offers.

Remote work trends expand Opendoor's market opportunities in suburban and rural areas.

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