Financial Analyst
1 week ago
VAIBHAV GLOBAL LIMITED Overview:
Vaibhav Global Limited is a leading electronic deep discount retailer of fashion jewelry, gemstones, and lifestyle products, operating in the US, UK, Germany, and Canada.
Shopping Experience:
Today's customers seek convenience, and Vaibhav Global Limited meets this demand through its proprietary 24/7 TV shopping channels (Shop LC in the US and Germany, and Shop TJC in the UK), as well as through various digital mediums including websites, mobile apps, OTT platforms, social media, and third-party marketplaces.
Financials and Workforce:
Vaibhav Global Limited reported a group turnover of approximately Rs. 3,000 Crore (FY -) and employs over people globally.
Acquisitions:
Vaibhav Global Limited acquired Mindful Souls B.V., a Netherlands-based e-commerce company specializing in subscription-based online sales of fashion jewelry, gemstones, and lifestyle products, and Ideal World, a well-known teleshopping and digital retail brand in the UK.
Responsibilities:
Day-to-Day Accounting: Manage and record daily financial transactions to ensure accurate accounting records, processing invoices, managing accounts payable and receivable, and reconciling bank statements.
Expense Analysis: Review and analyze company expenses to identify trends, variances, and potential areas for cost savings, preparing reports to support financial decision-making.
Monthly and Quarterly Closing: Oversee and execute the monthly and quarterly closing processes, ensuring all financial records are up-to-date, reconciled, and accurate, preparing necessary reports and schedules for management review.
Budget vs. Actual Tracking: Monitor and track financial performance against the budget, analyzing variances and providing insights on any discrepancies between budgeted and actual figures.
Margin Analysis: Conduct margin analysis to evaluate the profitability of products or services, assessing cost structures and pricing strategies to optimize profit margins.
Requirements:
Chartered Accountant (CA) Fresh Graduate with strong analytical skills and attention to detail, proficiency in accounting software and Microsoft Excel, and excellent communication and organizational abilities.
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