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Senior Associate - Finance Operations

Senior Associate - Finance Operations

Talent ProMumbai, India
30+ days ago
Job description

Senior Associate - Finance (Operations), & Responsibilities

Payables & Vendor Management :

  • Drive monthly & quarterly reconciliations, ensure payment deadlines for vendors / partners are met per payment terms to build credibility with vendors and partners.
  • Ensure effective communication with vendors with response to periodic inquiries, solving disputes, resolving queries timely to ensure vendor satisfaction.
  • Eliminate gaps / discrepancies in the process / tools for AP Tracking.
  • Periodically reconcile invoices, work closely with SCM team to ensure accurate bookkeeping and payments in the accounting system (Tally ERP).
  • Work and Develop recommendations for process automation to reduce manual work.
  • Address deviations in pricing / margins agreed with vendors and maintain tight control over SLA breaches.
  • Ensure books are updated and confirmed for quarterly financial reporting.
  • Ensure timely payments as per agreed timelines
  • Ensure vendors file their GST returns for all invoices raised for Hopscotch
  • Drive-out reconciliation of GST balances as per books v / s as per GST portal, (GSTR-1, GSTR-2B etc)

Banking and Treasury :

  • Liaise with the internal team for daily banking payments and receipts operations.
  • Track / build projections for cash outflows against AP vendors / other vendors and conduct analysis.
  • Receivables Reporting :

  • Monitor and report on daily and weekly receivables with various partners.
  • Work closely with stakeholders to reconcile discrepancies between receivable recorded
  • Communicate with partners to address and resolve bottlenecks and problem areas.
  • Ensure receipts are tracked against receivables due, promptly highlighting and escalating any problematic cases.
  • Analytics & Reporting :

  • Provide weekly / fortnightly payables reports for outstanding cases along with aging analysis.
  • Monthly reporting of business payables and fixed costs
  • Conduct monthly analysis for actual vs. projections and expected cash inflows / outflows.
  • Ideal Candidate :

  • Inter CA / MBA / Mcom with 2-4 years of industry / domain experience, preferably in the e-com industry.
  • Strong fundamentals in financial accounting / reporting, experience with Tally ERP 9, Advanced Excel skills, (practical experience with SQL is added advantage)
  • What we would like you to have :

  • Sharp & analytical mind, quick with numbers, ability to understand business, P&L, and balance sheet implications.
  • Result-oriented and driven with the ability to work under extremely tight deadlines.
  • Proactive individual who consistently takes initiative.
  • Sources and listens to all points of view and respects differing opinions when developing solutions.
  • (ref : iimjobs.com)

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    Associate Finance • Mumbai, India

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