Technical Accounting and SEC Reporting Manager at Opendoor

San Francisco, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

N/AIndustries

Requirements

Licensed CPA with 6 or more years of accounting experience including Big 4 audit/advisory experience and progressive experience working on technical matters
A working knowledge of US GAAP, SOX controls, and SEC reporting standards
Ability to work cross-functionally to obtain all relevant facts, understand the business requirements, articulate the accounting requirements and communicate the conclusions reached. Ability to collaborate cross-functionally to achieve mutually beneficial outcomes
Exceptional verbal and written communication skills
Exceptional organizational skills, timeline management skills and attention to detail
Proficient in Microsoft Office and strong with Word and Excel
Desire to work in a fast growing, exciting and agile business
Candidates must be based within a 50-mile commuting distance of the specified office location, or able to commute to the office (for hybrid roles)

Responsibilities

Prepare technical accounting analysis related to new transactions and new or evolving products. Work closely with our external auditors through technical accounting matters and bring any accounting analysis to closure in a timely manner
Partner with other members of the accounting team to implement new accounting standards, changes in accounting policies or to operationalize the accounting for new or modified products
Respond to technical accounting inquiries from external and internal parties and explain technical accounting matters and concepts to all levels within the organization
Maintain the Company’s accounting policies which includes adoption of new accounting standards and updating the Company’s accounting policies as disclosed in its financial statements
Assist with the SEC reporting process, which includes drafting and reviewing portions of Forms 10-Q and 10-K
Assist with the preparation and review of the financial statements in accordance with US GAAP
Ensure the internal controls related to accounting policies and financial reporting are designed, implemented and operating effectively for SOX compliance

Skills

Key technologies and capabilities for this role

CPAUS GAAPSOXSEC ReportingMicrosoft ExcelMicrosoft WordBig 4 AuditTechnical Accounting

Questions & Answers

Common questions about this position

What is the compensation structure for this role?

Compensation reflects the cost of labor across several U.S. geographic markets, with pay varying by defined markets. Base pay is one part of the total compensation package and is determined within a range, providing opportunity to progress as you grow.

Is this a remote or hybrid role, and what are the location requirements?

This is a hybrid role requiring responsibilities to be performed in the office for a portion of the week. Candidates must be based within a 50-mile commuting distance of the specified office location or able to commute to the office.

What are the key required skills and qualifications for this position?

Candidates need a Licensed CPA with 6+ years of accounting experience including Big 4 audit/advisory and progressive technical matters experience. Required skills include working knowledge of US GAAP, SOX controls, and SEC reporting standards, plus exceptional communication, organizational skills, and proficiency in Microsoft Office, especially Word and Excel.

What is the company culture like for this role?

The role involves working in a fast-growing, exciting, and agile business, collaborating cross-functionally within the Accounting & Finance team to contribute to the department's vision and success.

What makes a candidate stand out for this Technical Accounting Manager role?

A Licensed CPA with Big 4 experience, deep US GAAP and SEC knowledge, and strong cross-functional collaboration skills are essential. Bonus points for real estate experience, NetSuite or ERP proficiency, and mergers & acquisitions or international consolidation experience.

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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