Strategic Investments & Consolidation Accounting Director

OpenAI, Inc.

Job Overview

Location

San Francisco

Job Type

Full-time

Full Job Description

📋 Description

• Lead the accounting, reporting, governance, and ongoing monitoring processes for strategic investments, consolidation matters, ownership structures, and other complex transactions across OpenAI.
• Partner with Technical Accounting and cross-functional stakeholders to identify accounting implications from investments, ownership structures, financing arrangements, and significant transactions, ensuring conclusions are implemented in close, reporting, disclosure, and control processes.
• Collaborate with Financial Reporting, Controllership, Strategic Finance, Tax, Legal, Corporate Development, Treasury, Internal Controls, and other teams to assess accounting implications early and support transactions throughout their lifecycle.
• Translate complex accounting conclusions into practical operating guidance, including close procedures, accounting entries, reporting processes, disclosures, controls, monitoring activities, and systems requirements.
• Develop and maintain scalable operating models, governance frameworks, monitoring processes, and reporting infrastructure to support consistent implementation of accounting conclusions for strategic investments and consolidation matters.
• Partner with Financial Reporting to ensure accounting conclusions are accurately reflected in financial statements, management reporting, and external reporting requirements.
• Support accounting and reporting activities related to strategic investments, including monitoring, valuation-related considerations, impairment assessments, and disclosure requirements.
• Partner with external auditors and advisors to support significant accounting judgments, reporting matters, and audit readiness.
• Build and develop a high-performing team while establishing scalable ownership models, governance processes, and organizational capabilities to support OpenAI’s growth.
• Drive process improvements, automation initiatives, and scalable operating models to enhance efficiency, consistency, control execution, and reporting quality as the business scales.
• Serve as a trusted advisor across the organization, providing practical, risk-calibrated guidance that balances accounting integrity with business objectives.
• Ensure accounting conclusions are documented appropriately and operationalized within durable close, reporting, controls, and disclosure processes.
• Maintain deep expertise in U.S. GAAP, specifically ASC 810 (consolidation, VIEs, NCI, HLBV, ownership changes) and ASC 323/321 (equity method and fair value investments).
• Establish ongoing monitoring frameworks for consolidation conclusions, investment accounting, and other judgmental accounting areas.
• Support acquisitions, partnerships, joint ventures, and non-standard transactions from initial accounting conclusion through ongoing reporting and compliance.
• Influence business decisions by translating complex accounting requirements into actionable, scalable operational processes.
• Communicate complex accounting and reporting issues clearly to both technical and non-technical audiences across Finance, Legal, Corporate Development, and Executive Leadership.

🎯 Requirements

• CPA, CA, or equivalent with 12+ years of experience in technical accounting, consolidation, SEC reporting, advisory, or public-company accounting leadership
• Deep U.S. GAAP expertise in ASC 810, including VIEs, voting interest entities, consolidation, deconsolidation, related-party considerations, NCI, HLBV, ownership changes, and related disclosures
• Strong experience evaluating complex ownership structures, joint ventures, structured entities, and governance arrangements
• Significant experience with investment accounting under ASC 323 and ASC 321, including equity method investments, fair value investments, impairments, ownership changes, and complex investment structures
• Experience supporting strategic investments, acquisitions, partnerships, joint ventures, and other non-standard transactions from accounting conclusion through ongoing reporting and monitoring
• Demonstrated ability to translate complex accounting conclusions into scalable close, reporting, controls, systems, disclosure, and governance processes

🏖️ Benefits

• Hybrid work model with 3 days in the office per week
• Relocation assistance for new employees
• Opportunity to work at the forefront of AI research and deployment with a mission to ensure AI benefits all of humanity
• Collaborative environment partnering with cross-functional leaders in Finance, Legal, Tax, Corporate Development, Treasury, and External Auditors

Skills & Technologies

Hybrid

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OpenAI, Inc.

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About OpenAI, Inc.

OpenAI is a San Francisco-based artificial intelligence research and deployment company founded in 2015. It develops large-scale AI models such as GPT, DALL-E, and Codex, providing cloud APIs and consumer applications like ChatGPT. Originally established as a non-profit, it later created a capped-profit subsidiary to attract capital while maintaining its mission to ensure artificial general intelligence benefits all of humanity.

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