People Matter

Technical Revenue Accounting Manager

OpenAI

OpenAI

IT, Accounting & Finance
San Francisco, CA, USA
Posted on Oct 31, 2024

About the Team

OpenAI Finance is responsible for ensuring the organization is set up for success in pursuit of its mission. Our Controllership is responsible for providing accurate and timely financial information for our stakeholders. We aim to build best-in-class processes and systems that will scale with our business as it grows.

About the Role

As a Technical Revenue Accounting Manager, you’ll focus on high impact, complex, revenue recognition projects that elevate our accounting and reporting capabilities. You will analyze and implement the accounting treatment for revenue transactions, including non-standard revenue contracts, modifications, and new product offerings. You will also collaborate with cross-functional teams to optimize financial outcomes related to revenue while maintaining adherence to accounting standards. Your role is crucial in supporting OpenAI’s growth and ensuring that our technical accounting practices are robust and scalable.

This role is based in San Francisco, CA. We use a hybrid work model of 3 days in the office per week and offer relocation assistance to new employees.

In this role, you will:

  • Review complex revenue arrangements to identify key terms and conditions that impact revenue recognition and deploy accounting for these transactions for month-end and quarter-end in a scalable manner.

  • Design and implement systems and processes to automate revenue recognition in alignment with revenue recognition policies and objectives.

  • Partner with the Deal Desk, Go-to-Market, and Strategic Finance teams to standardize and automate deal approvals to optimize revenue recognition while supporting sales initiatives.

  • Assist with the external audit process and participate in and/or lead ad hoc projects and initiatives with cross functional impacts.

You might thrive in this role if you have:

  • 7+ years of comprehensive experience in accounting, including technical revenue experience.

  • Prior experience at a Big 4 public accounting firm in a managerial role.

  • Experience with both public and hyper-growth private SaaS companies.

  • In-depth knowledge of ASC 606 and experience applying revenue recognition principles in complex SaaS or technology arrangements.

  • Experience in implementing a revenue management software tool (e.g. Zuora Revenue, NetSuite ARM) for revenue recognition automation.

  • Demonstrated ability to effectively communicate to both finance and non-finance stakeholders and have managed and supported high-velocity, cross-functional teams on impactful projects.

  • Exceptional problem-solving capabilities, strategic thinking, and the ability to work in a fast-paced, innovative environment.

  • CPA required (inactive status acceptable).

About OpenAI

OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artificial intelligence benefits all of humanity. We push the boundaries of the capabilities of AI systems and seek to safely deploy them to the world through our products. AI is an extremely powerful tool that must be created with safety and human needs at its core, and to achieve our mission, we must encompass and value the many different perspectives, voices, and experiences that form the full spectrum of humanity.

We are an equal opportunity employer and do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, veteran status, disability or any other legally protected status.

OpenAI Affirmative Action and Equal Employment Opportunity Policy Statement

For US Based Candidates: Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records.

We are committed to providing reasonable accommodations to applicants with disabilities, and requests can be made via this link.

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At OpenAI, we believe artificial intelligence has the potential to help people solve immense global challenges, and we want the upside of AI to be widely shared. Join us in shaping the future of technology.