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Assistant Manager- Revenue Assurance

Assistant Manager- Revenue Assurance

MeeshoINDIA
30+ days ago
Job description

About the Team

Its no secret that Meesho is making massive leaps towards becoming the most used e-commerce app in India. Our Finance team has a key role to play in the company's success. Heres your chance to be a part of the Meesho success story!

As Assistant Manager - Revenue Assurance, you will be one among the 50 professionals working in domains such as Financial Reporting, Finance Operations, Business Finance, Treasury Management, and Taxation. The team consists of Chartered Accountants, Business experts, and Engineers, who have previously worked for internationally renowned organizations.

Our team believes in working hard and partying harder. We organize team trivia nights, board game marathons, and other fun events to foster our team spirit .

About the Role

As Assistant Manager - Revenue Assurance, youll give strategic direction to the revenue and receivables charter from the Finance team. On a typical day, youll be analyzing in-depth aspects of our revenue and collection lines and resolving issues by collaborating with business, product, and finance stakeholders thereby avoiding financial leakage.

Youll be working with a team of finance and business rockstars who are obsessed with delivering the best in class experience to all our stakeholders. Youll also drive automation to improve workflow efficiencies leading to enhanced accuracy.

What you will do

  • With ~$1.5Bn revenue, Meesho has a robust control framework to ensure that the companys revenue booked is correct, complete, and comprehensive. One needs to critically and continually validate the framework to ensure its relevance and effectiveness.
  • Improve revenues and profitability through minimization of leakages (carrying out RCA, collaborating with Product and Analysts, and putting in required fixes through automation).
  • Strengthen our revenue collection process and supervise remittance from external partners (logistic partner, payment gateways, etc.) to fix gaps, if any.
  • Ensure timely closure of activities related to revenue recognition with utmost accuracy.
  • Ensuring 3-way reconciliation between Revenue vs Collection vs agreed SLAs.
  • Leverage the Business Analysts dedicated for Revenue Assurance to build dashboards and carry out RCA.
  • Drive improvements and develop automation in revenue-related tasks & workflows.
  • Work with cross-functional teams to ensure variations are addressed at the root cause level.
  • Prepare accounting memos on new revenue streams to ensure compliance with accounting standards.
  • Prepare KPIs, variance analysis and highlight deviations, if any.
  • Driving statutory and internal audits for revenue and receivables.

What will you need

  • Chartered Accountant.
  • A problem-first mindset, with the ability to proactively identify challenges and develop effective solutions.
  • Ability to understand and effectively apply technical accounting guidance for Revenue Recognition.
  • Ability to prioritize and meet tight deadlines.
  • Articleship experience in Big 4 preferred.
  • Excellent communication and interpersonal abilities.
  • Ability to multitask, think critically, and execute tactically.
  • Have a proven track record of finding innovative solutions to problems.
  • About us

    Welcome to Meesho, where every story begins with a spark of inspiration and a dash of entrepreneurial spirit. We're not just a platform; we're your partner in turning dreams into realities.

    Our Mission

    Democratising internet commerce for everyone - Meesho (Meri shop) started with a single idea in mind - to be an e-commerce destination for the next billion Indian consumers and enable 100 million small businesses to succeed online. We provide sellers with a range of industry-first benefits such as zero commission and the lowest shipping cost.

    Over 1.75 million sellers are registered on Meesho , growing their business by tapping the companys massive customer base, state-of-the-art tech infrastructure, pan-India logistics at the lowest cost through third-party logistics providers in an 'Everyday Lowest Cost' channel for sellers. Affordable, relatable merchandise mirroring local markets has helped us make inroads with first-time internet users in the country. We cater to an underserved and unique customer base and cover every serviceable pincode in the country. Our unique business model and continuous innovation has enabled us to become the first Indian horizontal E-commerce company.

    Culture and Total Rewards

    Our focus is on cultivating a dynamic workplace characterized by high impact and performance excellence. We prioritize a people-centric culture dedicated to hiring and developing exceptional talent. Total rewards at Meesho comprise of a comprehensive set of elements - monetary, non-monetary, tangible, and intangible in nature. Our 11 guiding principles, or " Mantras ," are the backbone of how we operate - influencing everything from recognition and evaluation to growth discussions. Daily rituals & processes like Reflections, Listen or Die, Internal Mobility Program, Talent Reviews, Continuous Performance Management - all embody these principles.

    We provide market-leading compensation - both cash and equity-based - specific to job roles, individual experience, and skill along with our employee-centric benefits and work environment. We focus extensively on holistic wellness - through our MeeCare Program - encompassing benefits and policies across physical, mental, financial, and social wellness aspects.

    This includes extensive medical insurance benefits for employees and their families, wellness initiatives like telehealth, wellness events, and gym & recreational discounts. To support work-life balance, we provide generous leave policies, parental support benefits, retirement benefits, and learning and development assistance. Through gratitude for stretched work, personalized gifts, engagement & fun at work - we promote employee delight at the workplace.

    Many other benefits such as salary advance support, relocation assistance, and flexible benefits plans further enrich the Meesho employee experience.

    Know more about Meesho here : https : / / www.meesho.io /

    Locations

    Bangalore, Karnataka

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