Founding Data Scientist
Job Description
We’re looking for a newly created Director of Equity Administration to lead all aspects of OpenAI’s equity program, aligned to our mission-driven capped-profit structure. You will oversee and administer our bespoke equity plan, ensure compliance with relevant regulations, and provide education and support to the company. You will collaborate with cross-functional teams to ensure the accurate and timely recording and reporting of equity transactions. This role requires deep subject matter expertise and the ability to reason through complex issues.
This strategic, yet hands-on role, will report to the VP Finance and work closely with the COO, General Counsel, and HR. You will be a key player in driving the financial success of the organization by building – and sustaining – a world-class equity function.
Responsibilities
- Oversee the administration of employee equity, including the issuance, vesting, and tracking of profit participation units
- Work cross-functionally with legal and HR to develop and deploy new equity programs
- Maintain up-to-date knowledge of relevant regulations and ensure ongoing compliance with tax and securities laws
- Work with the VP Finance to meet all ASC 718 requirements, including monthly journal entries and annual financial reporting & disclosures
- Provide regular training and education to equity holders and respond timely to employee questions
- Manage the company’s cap table and employee-facing equity administration software
- Work with broader OpenAI Finance to analyze equity activity and progress against long-term plans
Job Requirements
- Progressive experience leading equity administration at some combination of public companies or late-stage startups, with exposure to complex equity instruments
- Experience with global equity plans and managing an equity administration system
- A deep understanding of ASC 718 and the related financial reporting requirements
- Exemplary interpersonal, verbal, and written communication skills as demonstrated by the ability to land complex concepts across multiple audiences
- Best-in-class attention to detail and unwavering commitment to accuracy
- Mastery of equity-adjacent software tools (Carta, Excel)
