Senior Accountant
Opendoor
Accounting & Finance
Chennai, Tamil Nadu, India
Posted on Tuesday, November 21, 2023
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.
This position can be located in Chennai.
We are open to consider candidates for relocation.
About the Role:
We’re seeking an exceptional Accountant to join our Accounting & Finance team! The Accountant 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 US entities.
As an Opendoor Accountant you will:
- Assist with the accounting operations of our US-based subsidiaries, including financial reporting and statutory filings.
- Prepare month-end journal entries in NetSuite in accordance with GAAP for the following areas:
- Acquisitions of homes
- Prepaid property expenses
- Accrual of expenses associated with Opendoor’s inventory
- Intercompany transactions
- Assist with validating cut-off of homes purchased in a specific month by partnering with operations to obtain documents confirming ownership transfer dates.
- Prepare 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.
- Investigate and resolve discrepancies by coordinating with Title Agencies.
We’re looking for teammates who have:
- Professional qualification in Accounting, Finance or similar subject matter with an understanding of U.S. GAAP
- Minimum of 5+ years of Accounting experience
- Flexible mindset with the ability to thrive in a changing environment where continual process improvement is expected
- Effective remote worker with the ability to meet deadlines and independently manage time.
- Clear and effective oral and written communication skills
- High bar for attention to detail, organization, process design, documentation, and improvement.
- Team player with the ability to work in a collaborative environment, including with teammates in other locations and external Title Companies.
- Demonstrated ability for picking up new technologies quickly and comfortably
- Strong Excel skills
Bonus Points for:
- NetSuite or SQL experience
- Certification or candidate on a path to become a CA, CMA / MBA
- Experience working in a SOX control environment
- Real Estate or Property accounting experience
#LI-Onsite
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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.
