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Associate Manager
2 months ago
About Urban Company :
Urban Company is a tech-enabled home services marketplace. Customers use our platform to book services, such as beauty treatments, haircuts, massage therapy, cleaning, plumbing, carpentry, appliance repair, painting, which are delivered in the comfort of their home and at a time of their choosing. We promise our customers a high quality, standardized and reliable service experience. To fulfil this promise, we work closely with our hand-picked service partners, enabling them with technology, training, products, tools, financing, insurance, and brand, helping them succeed and deliver on this promise. By scale of users, Urban Company is India’s largest AC servicing company- and India’s largest chain of salons for women. With presence in India, UAE, Singapore, Urban Company is already India and the UAE’s largest home services company.
About the Finance team: Our Finance team plays a pivotal role in the company’s success. The team broadly consists of two sub-functions: Financial Controllership and Business Finance. This is a role in the Product Finance vertical, you will collaborate closely with our international businesses, utilizing your analytical prowess to support decision-making, drive financial planning, and optimize resource allocation. With our international markets being some of the biggest bets of Urban Company. This role is critical for building a strong financial foundation for our new markets and driving sustainable growth in this exciting entrepreneurial journey.
About the Role :
● MIS Closure: Monthly closing of books and MIS by 2nd calendar day of subsequent month.
● Reconciliations and Controls: Manage all vendor reconciliations and set up strong controls around this process.
● Audits: Getting internal and statutory audits done for respective areas.
● GL Hygiene: Driving financial hygiene on the quality of General Ledgers
● Forecasting: Assist is development of annual and recurring forecasts and scenario planning, focusing on the underlying business drivers and key financial and operating metrics. Understanding all the assumptions and data behind the assumptions will be a key task.
● Budget vs Actual: Compare Monthly Budget vs actual Financial Data and provide reasons for variances.
● Cost Saving & Revenue assurance: Continuously monitor the data for any costs being off than what was planned and there are no revenue leakages.
● Inventory Management: Setting up processes and controls to manage Inventory sales and purchases, optimum DOI & Working Capital, recovery of dues and its accounting.
● Designing Business processes: Required to take lead in setting up the process for new Business lines and unstructured existing Business Practices which are compliant from Legal, tax & Accounting Lens.
● Stakeholder Management: Working with different Stakeholders across geos for process improvement, query management, New Business Strategy discussion and ongoing issue discussion. Requires end to end liaising with stakeholders
What we’ll need:
●Past experience of working on inventory and working capital management would be preferred.
● CA with 1-2.5 years of work experience in Big4s (Financial due diligence)/ Industry in a similar role.
● Strong analytical skills and a data-driven decision-making mentality
● Strong business acumen to understand the business requirements
● Prior experience of working for a consumer tech startup will be a plus.
● SQL knowledge shall be an added advantage
What we’d love:
● Ability to run mandates autonomously and with minimum supervision.
● Ability to strategize and assess potential risk.
● Ability to coordinate with different business teams, senior management, and external counsel on multiple mandates.
● Excellent communication and presentation skills.
● Attention to detail. Folks you will work with: We understand that the people you work with and learn from is the single most important determinant of how much you enjoy working at a place. In fact, this defines the culture in many ways.
What can you expect:
● A great work environment with massive ownership and growth opportunities.
● Work closely with the founding and the leadership team on key projects.
● Execute highly scalable applications & implement best.
● Latest tools and technology to get things done provided by the company
● Health insurance benefits for our employees and their family
● Growth opportunities within UC via our robust internal mobility program
● Competitive rewards and benefits.