From corporate controller to chief accounting officer, Christy Schwartz has been a vital part of Opendoor for the past five years. Schwartz built and developed the accounting team, systems and processes that were crucial in taking the company public last year and continue to be critical in further scaling the business. Both her years of preparation for a potential public company event as well as her leadership during the SPAC merger and listing process last year played a pivotal role in Opendoor's successful transformation to a public company. During the transition, Schwartz played a critical role by leading the substantial accounting and financial reporting work that was required as part of that process.
This included leading her team through the acquisition diligence process, uplifting the financial statements to be public company compliant, completing multiple SEC filings and preparing the financial results on an accelerated timeline. As a result of her ongoing leadership since she first joined Opendoor in 2016, Schwartz was named chief accounting officer earlier this year. Schwartz and her team are responsible for paying utility bills on thousands of homes, accounting for the acquisition, resale and management of Opendoor's inventory, filing its financial statements with the SEC, implementing a SOX compliant control environment and many other initiatives to support the operations of the business.
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Name:
Christy Schwartz
Title:
Chief Accounting Officer
Company Name:
Opendoor
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Opendoor Technologies Inc. published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 21:21:05 UTC.
Opendoor Technologies Inc. provides a digital platform for residential real estate transactions. By leveraging software, data science, product design and operations, the Company is building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience. Its products include Sell to Opendoor, List with Opendoor and Opendoor Marketplace. Sell to Opendoor enables sellers to utilize its core product offering to sell their home directly to it, and it resells the home to a home buyer. By selling to Opendoor, homeowners can avoid the stress of open houses, home repair coordination, overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Its capital-light marketplace offering connects home sellers with both institutional and retail buyers, facilitating transactions without Opendoor taking ownership of the home. Its listing product is available in 17 Opendoor markets.