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Zepto | Associate Director
1 month ago
Job Title : Associate Director - Invoice Processing
Location : Bangalore
About the Company
Founded in 2021 by Stanford University dropouts, Aadit Palicha and Kaivalya Vohra, Zepto is India’s fastest-growing e-grocery company valued at $1.4 Billion following its recent Series-E fundraising of $200 Million from marquee global investors including StepStone Group, Goodwater Capital, Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom. Headquartered in Mumbai, Zepto is present across 10 major cities in the country, 1000+ employees strong, and delivers 5000+ products, including fresh fruits and vegetables, daily cooking essentials, dairy, health-and-hygiene products, etc., to Indian homes within 10 minutes. Through strong tech capabilities, an efficient business model, and a network of highly optimized delivery centers across its 10 locations, the company is revolutionizing the Indian grocery segment currently pegged at $600 Billion, making it easier and more convenient. Beyond groceries, Zepto has also introduced a cafe offering that allows customers to order Coffee, Chai, and other Café items, along with their groceries.
Website
Position Overview:
The Associate Director - Invoice Processing will play a key role within the finance operations team, specifically in the procure-to-pay (P2P) process and in cross-functional programs, business launches, and financial reporting (controllership). The ideal candidate will be a proactive, detail-oriented self-starter who thrives in a fast-paced, dynamic environment, and can navigate ambiguity with ease.
In this role, the successful candidate will collaborate with diverse teams, driving success in complex tasks while supporting the company's growth. Strong technical accounting skills and hands-on experience in invoice processing are essential for analyzing critical business requirements and developing innovative solutions to enhance financial performance and reporting. While a background in banking and treasury is a plus, it is not required. The role requires a collaborative mindset and a strategic approach to improving processes and outcomes in the finance function.
Responsibilities:
● Review and drive the operational excellence in the procure-to-pay process;
● Partner/drive automation initiatives from operations and accounting point of view;
● Supervise invoice processing team, providing guidance and training.
● Develop and implement processes to optimize invoice processing efficiency.
● Ensure compliance with company policies, accounting procedures, and regulatory requirements.
● Analyze and reconcile vendor statements.
● Identify and improve payment discrepancies.
● Maintain accurate financial records and reports.
● Identify areas for process improvement.
● Implement changes to enhance efficiency, accuracy, and compliance.
● Stay updated on industry best practices and regulatory changes.
Qualifications:
- BCOM with 8-10 years of relevant experience.
- Should have strong Excel skills and the ability to handle volumes,
- SAP knowledge preferable,
- Good communication skills and ability to multi-task and deal with ambiguity
- Understanding of the retail business. Prior experience in a complex retail organization or E-commerce
- Proven ability to work successfully in an ambiguous environment
- Proven ability to meet tight deadlines and prioritize workload
Why Join Us?
- Zepto is on a blitzscaling path unlike any other startup today. Be the flagbearer for the financial process in this journey.
- The opportunity to join India’s next Unicorn is rare. So, we’re giving our team strong equity to create lasting wealth as our company grows.
