Product Finance Manager, Foundations at OpenAI

San Francisco, California, United States

OpenAI Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
YesVisa
Artificial Intelligence, SoftwareIndustries

Requirements

Candidates should have 6+ years of experience in product finance, corporate finance, investment banking, or buy-side investing, with at least 2 years in banking and 3 years in operations or investing. Strong financial modeling skills, advanced proficiency in Excel/GSheets, and hands-on experience with SQL are required. Experience with Databricks, operational rigor including P&L allocations and data integrity, cross-functional partnering with product, engineering, and data science teams, strong analytical skills, enthusiasm for technology and AI, and curiosity about compute economics are also expected.

Responsibilities

The Product Finance Manager will consolidate product revenue and margin forecasting, deliver leadership reporting packages, and develop frameworks for product ROI and automated P&Ls. This role involves connecting product forecasts with compute demand, driving margin optimization through collaboration, ensuring scalable systems with Integrity and Financial Engineering teams, supporting headcount and OpEx planning, and improving forecasting and reporting processes with Accounting and Corporate Finance.

Skills

Financial Forecasting
Reporting
Unit Economics
Financial Strategy
Data Analysis
Product Finance
Revenue Forecasting
Pricing Strategy
ROI Analysis
Automation

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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