Chief Financial Operations Officer
20 hours ago
Company Overview
Noon is the largest e-commerce player in the Middle East, rapidly scaling and uniquely positioned to capitalize on the adoption of e-commerce in the region.
We are a dynamic team of professionals who are aggressively ambitious and positioned to develop the future of online shopping.
Job Description
- Lead Finance AR profile to ensure process improvements in receivables, loyalty, and wallet domain, maintaining stipulated SLA/TAT for R2R process.
- Ensure proper accounting and GL balance reviews, partner with local cross-functional team, and ensure financial and accounting controls.
- Drive periodic receivable balance reconciliations at order level to ensure collection TAT is maintained and DSO is less than 2 days.
- Liaise with different bank and BNPL partners to solve payment gateway and collection-related issues, reconcile payment gateway and cash on delivery transactions with proper chargeback management and dispute handling.
- Develop and circulate reports to management to highlight progress on key KPIs and risk areas.
- Work with product team to identify and solve wallet and online payment concerns/issues.
- Settle and recover wallet transactions and intercompany balances for cross-selling among group companies.
- Ensure timely refunds of wallet balance to customer bank accounts to solve customer escalations on a timely basis with proper liaising with CS and operations team.
- Bring efficiency and process improvement in day-to-day operations by an out-of-the-box approach and lead the team by example.
- Ensure and drive accounting and reconciliation of goods in transit, customer-initiated returns, and manage recovery for lost inventory from supply chain.
- Reconcile payment gateway fees and optimize traffic allocation to reduce overall payment costs.
- Ensure timely completion and review of period close of books and support group Financial Reporting team to ensure on-time reporting.
- Handle periodic monthly/quarterly/year-end intercompany reconciliation activities and ensure on-time submission of MIS/reports.
Salary: $120,000 per annum (estimated based on industry standards and location).
Required Skills and Qualifications
- CA/ACCA/master's degree or MBA in Finance/or related professional qualification along with 6-10 years of professional experience.
- Sound knowledge in Audit, Internal Controls, Finance, and Business Analytics (preferably in the e-commerce and retail industry).
- High-level proficiency in stakeholder management and problem-solving approach.
- Knowledge of systems and processes commonly utilized within e-commerce and/or retail environments.
- SQL programming language and data management tool preferred.
- Critical thinking with the ability to define problems and propose solutions.
- 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.
Benefits
We offer a competitive salary package, opportunities for career growth, and a dynamic work environment.
Others
Noon is an equal-opportunity employer committed to diversity and inclusion. We welcome applications from qualified candidates regardless of their background, nationality, or ethnicity.
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