Accounting Manager

9 Hours ago • 8 Years +

Job Summary

Job Description

The Accounting Manager will be a key player in supporting financial reporting and accounting operations for the Opendoor Group. This role involves close collaboration with US-based Accounting leaders and direct management of the India-based accounting team. The Accounting Manager will manage the accounting operations of the India-based subsidiary, including revenue, expense accruals, accounts payable, fixed assets, RTR, transfer pricing, financial reporting, and statutory filings. The candidate will be responsible for reviewing balance sheet reconciliations, preparing monthly fluctuation explanations, and identifying and implementing process improvements and automation to support Opendoor’s finance and business operations. They will also recruit, train, and guide junior team members and prepare year-end statutory financial statements and coordinate with auditors.

Must have:

Professional qualification in Accounting and Finance
Minimum of +8 years of professional experience
Expertise with Financial Reporting and India compliance requirements
Expertise in US GAAP and Indian GAAP reconciliation
Experience in managing an Accounting team
Ability to thrive in a changing environment
Clear and effective oral and written communication skills
High bar for attention to detail and process design
Demonstrated ability for picking up new technologies
Excellent Excel skills

Good to have:

NetSuite, Coupa or SQL experience
Chartered Accountant
Experience auditing or accounting for companies registered with the SEC

9 skills required

9 skills required for this role

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Job Details

About the Team

The Accounting Manager will play a key role in supporting the financial reporting and accounting operations of the Opendoor Group. This position involves close collaboration with US-based Accounting leaders and direct management of India-based accounting team members.

The ideal candidate is highly detail-oriented, driven by process improvements, and eager to lead and mentor a local team. Success in this role requires strong collaboration with US stakeholders and a proactive approach to optimizing accounting processes.

Role Responsibilities:

Manage the accounting operations of our India-based subsidiary, for example, revenue, expense accruals, accounts payable, fixed assets, RTR, transfer pricing, 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 leadership 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.
Prepare year end statutory financial statements and co-ordinate with auditors for queries and later getting it signed
Developing SOP’s for the accounting function

Skills Needed:

Professional qualification in Accounting and Finance
Minimum of +8 years of professional experience either in Big 4 or with a US based publicly traded company with a subsidiary in India
Expertise with Financial Reporting and India compliance requirements
Expertise in US GAAP and Indian GAAP reconciliation
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
Excellent Excel skills

Bonus Points:

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

Location

Hybrid roles require role responsibilities to be performed in the office at least 3 days a week, Monday, Wednesday & Thursday.

#LI-RJ1 #LI-Hybrid

About Opendoor

Founded in 2014, Opendoor’s mission is to power life’s progress one move at a time. 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 and certain.

To learn how we are reinventing the Real Estate industry check out our website.
Hear about our culture directly from team members by visiting The Muse.
Discover what we are building for our customers by reading our b log.

Opendoor Values Openness

We believe that being open about who we are and what we do allows us to be better. Individuals seeking employment at Opendoor are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances. We collect, use, and disclose applicant personal information as described in our personnel privacy policies. To learn more, you can find the policy details for California residents here and for Canada residents here.

We’re committed to Diversity, Equity, Inclusion, and Belonging

Opendoor is dedicated to creating an inclusive and collaborative culture. We value the diverse strengths, perspectives, and backgrounds of all our employees, and believe in empowering our teams to do their best work through teamwork and building a sense of belonging and trust. Our four employee-led Opendoor Employee Resource Groups amplify diverse voices and promote collaboration and inclusion. Our focus is on attracting and retaining exceptional talent, and we believe in empowering our employees to continuously innovate and strive for 1% improvement every day. You can find more information on our Career Page.

We are committed to assisting members of the military community in utilizing their skills at Opendoor. U.S. candidates are able to review your military job classification at MyNextMove.org and apply for positions that align with your expertise.

At Opendoor, we are committed to providing reasonable accommodations throughout our recruitment processes for candidates with disabilities, pregnancy, religious beliefs, or other reasons protected by applicable laws. If you require assistance or a reasonable accommodation, please contact us at TAops-accomodations@opendoor.com.