Financial Operations Specialist
14 hours ago
We are seeking a skilled Financial Operations Specialist to join our team at ShopTrade, a full-service eCommerce agency and official Shopify Plus service partner. Our company provides design and development services for mid-range to enterprise-level brands and builds its own SaaS products to support merchants.
About the Role
This pivotal position involves managing financial operations across multiple regions, including the United States, Singapore, and India. The ideal candidate will have a strong background in financial management, covering areas like billing, payroll, and regulatory compliance.
Responsibilities
- Client Billing: Prepare accurate client invoices, track payments, resolve billing issues, and ensure invoicing aligns with project milestones and agreements.
- Payroll Management: Calculate and process payroll in compliance with regulations in the US, Singapore, and India. Ensure adherence to tax laws, submit payroll for approval, maintain records, and work with HR to ensure accuracy for new hires, terminations, and benefits.
- Payment Processes: Manage and upload vendor payments for timely approval, maintain organized records of expenses with accurate reconciliation, and monitor cash flow to ensure sufficient liquidity for operations.
- Revenue, Expenses, and Profit Tracking: Prepare monthly financial reports, analyzing revenue, expenses, and profit margins across regions. Conduct variance and profitability analysis to provide insights on cost-effectiveness by department or project.
- Analyze Company Financials: Prepare financial statements, including balance sheets, P&L, and cash flow statements. Collaborate on budgeting and forecasting, and provide data-driven insights to support strategic decision-making.
- Risk Management: Identify and manage financial risks by implementing strategies to protect company assets, and organize necessary documentation for internal and external audits.
- Tax Compliance: Ensure timely and accurate tax filings and payments across all jurisdictions, collaborate with external accountants to remain compliant with tax laws, and prepare tax documentation for audit readiness.
- Centralized Accounting: Maintain a unified accounting system across regions, performing regular account reconciliations to ensure financial accuracy.
- Managing External CA and Auditor: Collaborate with external Chartered Accountants and auditors to ensure compliance and provide necessary support and data for smooth financial audits.
- Cost Optimization: Evaluate operational expenses to identify cost-saving opportunities, collaborate with department heads on cost-effective solutions, and analyze major expenses to ensure a strong ROI.
- Monitor Team-Based Financial Performance: Oversee team-based expenses for policy compliance, monitor revenue and expense metrics to assess performance, and generate detailed reports to support strategic decision-making.
Qualifications
- Strong understanding of financial regulations and accounting principles.
- Ability to adapt quickly to changing needs and environments.
- Experience with global finance operations, ideally with familiarity in at least one of our key markets (US, Singapore, or India), though expertise in all three is not required.
- Proficiency in accounting software (e.g., Tally, Xero, Bench, or similar) and Microsoft Excel—basic computer skills are essential, as we are, after all, a software development company.
- Strong analytical skills with the capability to deliver strategic insights.
- Holds a BBA or MBA in Finance, or equivalent relevant professional experience.
- Must have handled funds ranging from 1 to 3 million USD.
- Experience working under a Chartered Accountant (CA) is an advantage.
About You
We're looking for a true professional with exceptional skills who is committed to a meaningful career change, eager to embrace new challenges, and ready to take on significant responsibility.
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