Finance operation Lead | Scrabble
Posted on July 11, 2025
Job Description
Drive over all business Payables & Vendor Management. Monitor AP cycles and ensure alignment with the cashflow strategy. Work with merchandising and operations to align payment schedules/aging with vendor terms and sell-through expectations.
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In-depth analysis of the functioning of Payables & Receivables management tool/system/processes, providing inputs for eliminating gaps/discrepancies in the tool and developing forward looking business capabilities within the tool by closely working with the product development & cross functional teams.
•
Close coordination with cross functional teams to escalate deviation in pricing/margins agreed with the vendors and maintain tight control over SLA breach by Vendors. Come up with innovative ways to increase payment terms via vendor financing etc
•
Periodic scrutiny of expenses/Vendor ledger balances. Regular reconciliations of Invoices vs short shipment quantities work closely with operations & buying team to ensure bookkeeping & payments are accurately captured in the accounting system.
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Processing & tracking Marketing, Packaging, all Utility, Warehouse labour/manpower, Staff reimbursement, Admin, Office, Rental & other business payments per due dates and track any anomalies or unusual spike in expenses month on month. Ensure timely response to inquiries from vendors and drive Vendor satisfaction.
•
GST reconciliations between internal system vs vendor records uploaded on GST portal.
•
Close tracking and reconciliation of B2B & B2C sales (online & offline channels) with Internal system vs Books of Accounts. Ensuring tight reconciliation between receivables due vs collections received. Improve DSOs of the business.
•
Be an Integral part of the Finance operations team leading the receivables management process for hopscotch.in and other 3rd party ecommerce platforms.
•
Keeping track of COD and POL funds received by tracking the receivables tool daily and dealing with courier partners for delay in remittances.
2.
Banking/Cashflow Operations & Reporting’s:
•
Lead the cashflow/working capital management
•
In-depth analysis of the functioning of Payables & Receivables management tool/system/processes, providing inputs for eliminating gaps/discrepancies in the tool and developing forward looking business capabilities within the tool by closely working with the product development & cross functional teams.
•
Close coordination with cross functional teams to escalate deviation in pricing/margins agreed with the vendors and maintain tight control over SLA breach by Vendors. Come up with innovative ways to increase payment terms via vendor financing etc
•
Periodic scrutiny of expenses/Vendor ledger balances. Regular reconciliations of Invoices vs short shipment quantities work closely with operations & buying team to ensure bookkeeping & payments are accurately captured in the accounting system.
•
Processing & tracking Marketing, Packaging, all Utility, Warehouse labour/manpower, Staff reimbursement, Admin, Office, Rental & other business payments per due dates and track any anomalies or unusual spike in expenses month on month. Ensure timely response to inquiries from vendors and drive Vendor satisfaction.
•
GST reconciliations between internal system vs vendor records uploaded on GST portal.
•
Close tracking and reconciliation of B2B & B2C sales (online & offline channels) with Internal system vs Books of Accounts. Ensuring tight reconciliation between receivables due vs collections received. Improve DSOs of the business.
•
Be an Integral part of the Finance operations team leading the receivables management process for hopscotch.in and other 3rd party ecommerce platforms.
•
Keeping track of COD and POL funds received by tracking the receivables tool daily and dealing with courier partners for delay in remittances.
2.
Banking/Cashflow Operations & Reporting’s:
•
Lead the cashflow/working capital management