Corporate Finance Associate at Opendoor
San Francisco, CA, US
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.
 
About the Team
As a Corporate Finance Associate you will be integral in both building functionality and processes in a fast-paced environment.  You will find yourself at the intersection of all our business verticals, executive leadership and organizational planning, through the medium of financial analysis and forecasting and human capital management. Your ability to create scalable financial models and processes will be stretched, as you will be playing a major role in the development of this team at a critical juncture in Opendoor’s evolution.

Role Responsibilities

    • Building trusted relationships with key cross-functional business partners within the R&D (Engineering, Product & Design) and G&A (People, Legal & Finance) teams
    • Working closely with leadership team to understand operational levers that impact the financial wellbeing of the business
    • Partnering with the business to support strategy planning and decision-making. Lead ad hoc financial modeling and analysis; build detailed financial, scenario based models to evaluate investment priorities and potential alternatives
    • Ensuring that forecasts incorporate trends and current/future business strategies
    • Building and maintaining consolidated financial models to plan the business and allow for appropriate sensitivities
    • Owning monthly and quarterly Budget vs Actual reporting and ensure a high degree of quality, timeliness, and accuracy in reporting as well as providing key business insights and perspective outlooks
    • Driving Human Capital management efforts for Opendoor’s growing staffing needs, supporting department structure creation and re-organization efforts through stakeholder management and both short and long term planning for local and international geographies
    • Quantifying risks and opportunities in achieving forecasts and explain variances to forecasts.
    • Create ad hoc analysis/sensitivities to understand potential outcomes
    • Monitoring P&L lines during monthly financial close and discuss variances to forecast and conduct research as needed

Skills Needed

    • A minimum 2 years finance experience 
    • Prior experience in investment banking is a plus
    • A BS in Finance, Economics or Accounting
    • Strong Excel and PowerPoint skills
    • Experience modeling in Google suite of products
    • Experience with Adaptive Insights, Anaplan, or other planning software
    • Excellent problem solving and analytical skills
    • Experience with SQL is a plus
    • A stellar work ethic and you’re looking for the right company to support your growth as well as being highly self motivated
    • A goal-oriented mindset and are bright and kind
#LI-KN1
 
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.
 
We Offer the Following Benefits and Perks
• Full medical, dental, and vision with optional 85% coverage for dependents
• Flexible vacation policy
• Generous parental leave
• Paid time off to volunteer
Please note that these benefits and perks are available only to Full Time team members and do not apply to contract roles.
 
Opendoor Values Openness
Our team celebrates our diverse backgrounds. 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 regards 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. For California residents: for more information about the categories of personal information that we collect for recruiting purposes, please see our personnel Privacy Policy.