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Accounting Manager

Opendoor

Opendoor

Accounting & Finance, Sales & Business Development
Chennai, Tamil Nadu, India
Posted on Thursday, May 30, 2024

About Opendoor

Founded in 2014, Opendoor’s mission is to empower everyone with the freedom to move. We believe the traditional real estate process is broken and our goal is simple: build a digital, end-to-end customer experience that makes buying and selling a home simple, certain and fast. We have assembled a dedicated team with diverse backgrounds to support more than 100,000 homes bought and sold with us and the customers who have selected Opendoor as a trusted partner in handling one of their largest financial transactions. But the work is far from over as we continue to grow in new markets. Transforming the real estate industry takes tenacity and dedication. It takes problem solvers and builders. It takes a tight knit community of teammates doing the best work of their lives, pushing one another to transform a complicated process into a simple one. So where do you fit in? Whether you’re passionate about real estate, people, numbers, words, code, or strategy -- we have a place for you. Real estate is broken. Come help us fix it.

We are open to consider candidates for relocation.

About the Team

The Accounting Manager will support the development and growth of the Finance Center of Excellence that we are establishing in our Chennai office as well as support the financial reporting and accounting operations of our India entity. This position will report to the Director of Accounting in Chennai and will work closely with the US-based Leaders of the Accounting team.The successful candidate will have experience across a range of finance and accounting functions, be motivated by process improvements, hold a high bar for attention to detail, and possess a desire to lead a local team while working collaboratively with various US-based leaders.

Role Responsibilities:

  • Set a vision for the team, outline goals/timelines and hold the team accountable for the accounting operations of our India-based subsidiary, including payroll, accounts payable, fixed assets, RTR, transfer pricing, revenue, financial reporting and statutory filings.
  • Review balance sheet reconciliations and make sure that any outstanding items are investigated and subsequently cleared.
  • Prepare monthly fluctuation explanations and present them in our close meeting.
  • Identify and implement process improvements and automation to support Opendoor’s growing finance and business operations.
  • Recruit, train and provide guidance to junior team members so that they excel in their day to day roles as well as obtain a thorough understanding of our financial statements.
  • Identify controls and prepare documentation for compliance requirements for month end / accounting close processes.
  • Assist with financial statement audits, be a primary point of contact for auditor PBC requests and be able to respond to questions that they may have

Skills Needed:

  • Professional qualification in Accounting, Finance or similar subject matter
  • Minimum of +8 years of professional experience either in Audit at an accounting firm or in Accounting at MNC
  • Experience with Financial Reporting and India compliance requirements
  • Familiarity with various operational accounting functions, enabling them to provide guidance and feedback to the team
  • Experience in recruiting, training, guiding and managing an Accounting team.
  • Ability to thrive in a changing environment where continual process improvement is expected.
  • Clear and effective oral and written communication skills
  • High bar for attention to detail and process design, documentation and improvement
  • Demonstrated ability for picking up new technologies quickly and comfortably
  • Strong Excel skills

Bonus Points:

  • NetSuite, Coupa or SQL experience
  • Chartered Accountant or on a path to become a Chartered Accountant
  • Experience auditing or accounting for companies registered with the SEC and subject to
    SOX 404 audits

#LI-RC2 #LI-Onsite

More About Us

To learn how we are reinventing the Real Estate industry check out our website, to hear about our culture directly from team members visit The Muse and to discover what we are building for our customers read our blog posts.