Finance Manager
3 months ago
WHO ARE WE?
noon is the largest e-commerce player in the Middle East and is quickly becoming the go-to platform for all online customer needs. We've built a full-fledged ecosystem of products and services in e-commerce, quick-commerce, food, fintech, grocery, and fashion—and we're just getting started.
We are a team of dynamic professionals who are aggressively ambitious, rapidly scaling, and uniquely positioned to capitalize on the rapid adoption of e-commerce in the Middle East.
We’re on an unconventional mission, doing something that has never been done before. We are developing the future of online shopping, and we’re looking for top talent to join us on our mission.
KEY RESPONSIBILITIES
- Lead Finance AR profile to ensure process improvements in the receivables, loyalty and wallet domain. Maintain stipulated SLA/ TAT for the R2R process.
- Ensure proper accountings and GL balance reviews, partner with a local cross-functional team, and ensure financial and accounting controls.
- Ensure and drive periodic receivable balance reconciliations at order level to ensure collection TAT is maintained and DSO is maintained at less than 2 days.
- Laise with different bank and BNPL partners to solve payment gateway and collection related issues, reconcile payment gateway and cash on delivery transaction with proper chargeback management and dispute handling
- Develop and circulate reports to management to highlight progress on all key KPI’s and risk area.
- Work with product team to identify and solve wallet and online payment related concerns/issues.
- Settlement and recovery of wallet transactions and intercompany balance for cross selling among group companies
- Ensuring timely refunds of wallet balance to customer bank accounts to solve customer escalation on timely basis with proper liaising with CS and operations team.
- Bring efficiency and process improvement in day to day operation by out of the box approach and lead the team by example
- Ensure and drive accounting and reconciliation of good in transit, customer-initiated return and manage recover for lost inventory from supply chain.
- Ensuring reconciliation of payment gateway fees and optimise traffic allocation to reduce overall payment cost.
- Ensure timely completion & review of period closer of books and support group Financial Reporting team to ensure on-time reporting. Ensure smooth month-end / quarter-end / year-end closer process, drive financial hygiene and clean-up process, and ensure timely delivery of P&L and Balance sheet schedules.
- Handle periodic monthly/ quarterly/year-end intercompany reconciliation activities and ensure on-time submission of MIS/reports.
- Strong Team player and should be capable to handle coaching larger teams with a positive attitude. Handle cross functions relationships and provide proactive support and resolutions to businesses and stakeholders.
- Work closely with the Group Finance team to support and have a smooth closer of Internal and Statutory Audits and timely data support and query resolutions.
SKILLS REQUIRED
- CA/ACCA/master’s degree or MBA in Finance / or related professional qualification along with 6- 10 years of professional experience.
- Must possess a sound knowledge in a broad range of in fields such as Audit, Internal Controls, Finance, and Business Analytics (preferably in the e-commerce and retail industry).
- Demonstrate a high level of proficiency in stakeholder management and problem-solving approach.
- Knowledge of systems and processes commonly utilized within e-commerce and/or retail environments.
- Knowledge of SQL programming language and data management tool preferred.
- Strong critical thinking with the ability to define problems and propose solutions.
- Strong organizational, planning, and analytical skills.
- Ability to work on multiple projects simultaneously, managing time and resources to
- ensure work is completed efficiently and within established timeframes.
- Effective verbal and written communication skills.
- Good interpersonal skills with the ability to establish and maintain effective work relationships internally and externally.
WHO WILL EXCEL?
‘noon isn’t for everyone. And that’s okay.’ This is one of our core operating principles.
We're looking for resourceful doers. Thinkers who are both creative and analytical. Problem solvers who are enthusiastic about delivering results. Our ideal candidate will be comfortable in a fast-paced, multi-tasked, high-energy and often ambiguous environment.
If the above values resonate with you, then noon might be the place for you.
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