Product Finance, ChatGPT New Bets at OpenAI

San Francisco, California, United States

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$210,000 – $265,000Compensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

YesVisa

SoftwareIndustries

Requirements

Candidates should possess 8-10+ years of experience in investment banking, consulting, or buy-side investing, complemented by operational experience at a fast-paced, scaling company. A strong ability to critically evaluate financial opportunities and risks, expert modeling skills (including product P&Ls and operating models), and excellent communication skills are essential. Familiarity with business models and metrics relevant to OpenAI, such as contribution margin analysis, and experience with SQL are also required. Enthusiasm for technology and artificial intelligence is a plus.

Responsibilities

The Product Finance professional will support strategic initiatives and new product launches by contributing to opportunity sizing, pricing, packaging, and deal structuring. They will refine frameworks and processes for analyzing, forecasting, and optimizing product contribution margins and user lifetime value. This role involves establishing and managing key metrics for product revenue and gross margin performance, monitoring, analyzing, and reporting on these metrics, and staying updated on market trends. Additionally, they will create executive and Board-facing presentations and collaborate with Accounting and FP&A teams on forecasting and reporting processes.

Skills

Financial Modeling

Forecasting

Pricing Strategy

Unit Economics

Revenue Forecasting

Data Analysis

Strategic Decision Making

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