Finance Manager - Accounting - CA

Overview: Clicktech Retail Private Limited:

Clicktech Retail Private Limited ("Clicktech") is a wholly owned subsidiary of New Trends Commerce Private Limited ("New Trends Commerce"). New Trends Commerce is a joint venture between Clicktech Enterprises Private Limited ("Poddar Group Entity") and Haverl LLC ("Amazon Group Entity"). Clicktech is a prominent seller on the Amazon India marketplace and is currently operating in the category of wireless, wireless accessories, consumer electronics, personal computing, home improvement, BISS - Business Industrial & Scientific Supply, wireless Devices, Smart Home Solutions and Digital Devices. Our vision is to be India's most customer centric company. We aspire to expand our selection in the categories we operate to every item that our customers want. We want to offer such products at the most competitive price. We intend to make these products available in such a way that these products reach the customers in the shortest possible time. We have a culture and practice of customer centricity, hiring and developing the best, insisting on the highest standards, calculated risk taking and delivering results.

Position Description: Finance Manager - (Finance accounting)

LOCATION Bangalore, India

Summary of Responsibilities:

- We are seeking a results-focused, quality-driven accounting person who has demonstrated extensive experience in handling accounting, finance (Treasury), operations (Order to cash), Procure to Pay and reporting processes (Record to Report). This position shall be part of the accounting, finance operations (Procure to Pay) and reporting (controllership) function of the company.

- The successful candidate will be a self-starter who is comfortable with ambiguity, detail oriented and will possess the ability to work well with cross-functional teams and in a fast paced environment. Equally important for success in this role is the ability to collaborate with diverse teams of professionals to new levels of success in a variety of complex tasks as the business continues to grow.

- A candidate should have strong technical accounting and hands-on experience in these areas to successfully analyze the organization's critical business requirements and develop innovative solutions to improve performance and reporting of financial results. Working knowledge of banking and treasury is desirable but not mandatory. Knowledge & Skills Required

Major work responsibilities shall comprise of the below:

- Review and drive the operational excellence in the procure to pay process;

- Partner/drive vendor experience initiatives, automation initiatives, fintech launches, etc. from operations and accounting point of view;

- Ensuring proper internal controls and documentation (SOPs/checklist) for assigned processes including but not limited to vendor payments, vendor disputes, vendor returns, liquidations;

- Manage and supervise liquidation and return to vendors billing to ensure operational excellence. Work with business teams for improvement in realization rates;

- Ensure reporting receivables position to business partners and drive reduction in the bill to cash cycle time,

- Provide support for internal and statutory audits and for monthly financial reviews with business partners,

- Review and drive action on balance sheet schedules related to accounts payable and vendor receivable.

- Developing strong partnership with Finance Operations team, Business, Finance Partners, Tech teams, Supply Chain and Re-commerce teams;

- Drive the expansion of vendor financing program.

- Ensure that cost efficiency and a cost-conscious culture is a key focus for the organization

- Manage controls in the area of procure to pay and ensure accuracy in recording invoices, payments, vendor receipts, ensuring proper control for LCs, prepayments, claims/disputes, etc.;

- Supervise the accounting for business transactions,

- Focus on Seller Reimbursements, disputes resolution and other critical business processes

- Actively work in formulating accounting policies and guidelines for all critical business processes,

- Actively work in formulating and adhering to accounting policies and guidelines for all critical business processes

- Support in preparation of management P&L, respond to business queries,

- Review balance sheet reconciliations and ensure resolution of the reconciling items,

- Preparation of audit schedules and handling audit requirements,

- Partner with the accounting teams and timely sharing of the MIS,

- Work on automation of various processes and support various projects and initiatives.

- Cash flow planning and optimizing loan and surplus cash

Basic Qualifications:

- CA with 3-10 years of relevant experience.

- Should have strong excel skills and ability to handle volumes,

- Oracle ERP knowledge preferable,

- Good communication skills and ability to multi-task and deal with ambiguity

Preferred Qualifications :

- Understanding of the retail business. Prior experience in a complex retail organization.

- Proven ability to develop new ideas and creative solutions

- Proven ability to work successfully in an ambiguous environment

- Proven ability to meet tight deadlines and prioritize workload

- Strong communication skills, both verbal and written

- Customer focus and professional demeanor