Finance Operations, OpenTable
IT Cost Optimization
Online restaurant reservation service
Job no longer available
Online restaurant reservation service
1001+ employees
Job no longer available
1001+ employees
Company mission
To bring together people and the restaurants they love in the moments that matter.
Role
Who you are
- Master's degree in Finance, Business Administration, or a related field (MBA preferred)
- Strong coding skills in languages such as Python, and SQL
- Proven experience in financial analysis and modeling
- Excellent analytical and problem-solving abilities
- Ability to work collaboratively with cross-functional teams
- Strong communication skills, both written and verbal
- Detail-oriented with a high degree of accuracy
- Familiarity with both cloud and on premises computing models
What the job involves
- We are currently seeking a highly skilled and motivated individual to join our Technology team as a Finance Operations person, specializing in IT cost optimization
- They will work closely with the various operations teams to streamline and optimize the costs of running our information technology department
- Collaborate with IT operations teams to identify opportunities for cost optimization
- Analyze financial data related to IT costs, including budget, expenses, and vendor contracts
- Build and maintain financial models to assess the financial impact of IT projects, investments, and cost-saving initiatives
- Implement coding languages such as Python and SQL to automate financial analysis and reporting processes
- Identify areas of inefficiency and work cross-functionally to streamline operations and reduce costs
- Assist in budgeting and forecasting processes for the IT department, in collaboration with the finance team
- Ensure compliance with financial regulations and standards related to IT expenditures
- Provide insights and recommendations to senior management on cost optimization opportunities
- Develop a reporting and metrics program to raise awareness of costs within our engineering teams
Our take
OpenTable was one of the earliest innovators in the online reservation space, setting up shop in 1998 as a tool to enable restaurants to take bookings online. Rather than charging consumers for the service, OpenTable generates revenue via a monthly subscription and reservation fee from businesses.
Today, the platform is used by tens of thousands of restaurants around the world and seats over 1 billion diners per year. The company was acquired by Booking Holdings – the world's largest travel company – for $2.6 billion in 2014, and remains a subsidiary of the group to this day.
OpenTable is the dominant player in the restaurant reservation software category, with an impressive 45% market share, but does face increasing competition from platforms like Resy, Tock, TableAgent, and many more. Nonetheless, this market leader has garnered an impressive reputation, and there is nothing to say it won't hold on to the dominance it has earned into the future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Oct 2000
$36m
SERIES C
Jan 2000
$10m
SERIES B
Total funding: $48.2m
Company benefits
- Work from (almost) anywhere - wherever you do your best work
- Mental health and well-being - company-paid therapy sessions through SpringHealth, company-paid subscription to HeadSpace, and company-wide weeks off a year so the whole team can recharge
- Generous parental leave
- Generous paid vacation + time off for your birthday
- Paid volunteer time
- Enriched learning and development opportunities - leadership development & access to thousands of on-demand e-learnings
Company HQ
Union Square, San Francisco, CA
Leadership
Debby Soo
(CEO)After graduating from Stanford with a liberal arts major, Debby started their career in investment banking. Thereafter they worked in Google’s Strategic Partnerships Group and then spent a decade at KAYAK, eventually becoming CCO.
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