Product Finance, ChatGPT Core at OpenAI

San Francisco, California, United States

OpenAI Logo
$210,000 – $265,000Compensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
YesVisa
SoftwareIndustries

Requirements

Candidates should have 8-10+ years of experience in investment banking, consulting, or buy-side investing, combined with operational and FP&A experience, preferably at a public, high-growth, fast-paced subscription company. Strong financial evaluation skills, expert modeling capabilities including product P&Ls and operating models, excellent communication skills for data-driven narratives, attention to detail, familiarity with OpenAI's business models and metrics, enthusiasm for technology and AI, and experience with SQL are required.

Responsibilities

The Product Finance professional will lead subscription revenue forecasting and strategic initiatives for ChatGPT's subscription business, including pricing and packaging, to enhance profitability. They will establish and manage key metrics for product revenue and gross margin, monitor and analyze these metrics for continuous improvement, and refine financial strategies based on market trends. The role involves creating executive presentations, collaborating with Accounting and FP&A teams, and improving financial forecasting and reporting processes.

Skills

Revenue Forecasting
Pricing Strategy
Unit Economics
Financial Analysis
Strategic Decision Making
Data Science
Storytelling
Process Improvement

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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