Intercompany & Consolidations Accounting Lead at OpenAI

San Francisco, California, United States

OpenAI Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Technology, Artificial IntelligenceIndustries

Requirements

  • Bachelor’s degree in Accounting or Finance (or equivalent)
  • CPA (active or inactive) or equivalent professional accounting qualification
  • 10+ years of progressive accounting experience, including at least 4 years in consolidations and intercompany accounting leadership
  • Strong technical knowledge of U.S. GAAP, including foreign currency translation, acquisition accounting (if relevant), and eliminations
  • Demonstrated experience working with Oracle FCCS (or equivalent large-scale consolidation system) in a multi-entity global organization
  • Excellent analytical, organizational, and communication skills — ability to collaborate across global teams, translate technical accounting issues into actionable guidance, and work in a fast-paced environment
  • Proven ability to lead process improvement, system implementation or automation efforts
  • Experience in a high-growth tech or AI company
  • Exposure to SOX compliance, internal controls design and audit readiness
  • Prior public accounting or external audit experience
  • Familiarity with treasury/intercompany cash flows, transfer pricing considerations, and global accounting integrations

Responsibilities

  • Lead the end-to-end global consolidation process using Oracle FCCS: collect, validate, consolidate, eliminate, translate foreign currency, and deliver consolidated financial statements and disclosures under U.S. GAAP
  • Manage intercompany accounting operations: establish and maintain intercompany agreements, coordinate intercompany transactions (charges, settlements, eliminations), reconcile intercompany balances, and resolve differences timely
  • Serve as the subject-matter expert for Oracle FCCS, driving configuration, automation, data flow optimization, and standardization across entities
  • Partner closely with global finance teams, tax, treasury, and systems to ensure consistent accounting treatment across subsidiaries, correct foreign currency translation, and effective cash/intercompany settlement practices
  • Develop, document, and enforce robust internal controls around the consolidation and intercompany processes, enabling audit readiness and compliance (including SOX / internal control environment)
  • Prepare and review journal entries, consolidation adjustments, elimination entries and reconciliations tied to the close process; ensure accurate and timely monthly and quarterly close
  • Collaborate with external auditors on consolidation related audits and support preparation of materials for leadership
  • Identify opportunities for process improvements, system enhancements and operational efficiencies that champion automation, scalability and best practices in a high-growth environment
  • Drive a streamlined, timely and high-quality monthly and quarterly close through Oracle FCCS with minimal manual interventions
  • Deliver fully reconciled intercompany balances across global entities, and reduce intercompany reconciling items and age
  • Establish documented, repeatable, scalable processes that enhance audit readiness, internal control effectiveness, and operational efficiency
  • Enable visibility and transparency of consolidated financial performance for leadership

Skills

Oracle FCCS
Intercompany Accounting
Financial Consolidation
US GAAP
SOX Compliance
Journal Entries
Foreign Currency Translation
Internal Controls

OpenAI

Develops safe and beneficial AI technologies

About OpenAI

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.

San Francisco, CaliforniaHeadquarters
2015Year Founded
$18,433.2MTotal Funding
LATE_VCCompany Stage
AI & Machine LearningIndustries
1,001-5,000Employees

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

Risks

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.

Differentiation

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.

Upsides

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.

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