Accounting Support-1

Posted 7 Days Ago
Be an Early Applicant
Bangalore, Bengaluru Urban, Karnataka
1-3 Years Experience
eCommerce
The Role
Assist in financial planning and analysis processes, create financial models, analyze business drivers, collaborate with regional finance teams, and enhance reporting capabilities. Responsible for invoicing, cash application, reconciliations, and financial data research. Requires Bachelor's degree in Accounting or Finance with 0-3 years of experience.
Summary Generated by Built In

Accounting Support-1

Want to use your finance and analytical skills to help local businesses around the world thrive?

Groupon is an experiences marketplace that brings people more ways to get the most out of their city or wherever they may be. By enabling real-time mobile commerce across local businesses, live events and travel destinations, Groupon helps people find and discover experiences––big and small, new and familiar––that make for a full, fun and rewarding life. Groupon helps local businesses grow and strengthen customer relationships––resulting in strong, vibrant communities. Even with thousands of employees spread across multiple continents, we still maintain a culture that inspires innovation, rewards risk-taking and celebrates success.

Global Finance is a conglomeration of number-savvy professionals who encompass multiple teams, ensuring everything from our month-end close processes to our P&L ownership and SG&A are on point. As part of the Finance team, our Financial Analysts play a meaningful role in the global forecasting and planning process. You will produce timely, accurate reporting and customized financial analysis to help support management decisions. Your work will directly impact the success of teams within Groupon, ensuring that they have financial strength to build our mission.

You’ll spend time on the following:

  • You will assist in the preparation and consolidation of the FP&A cycle including budgeting & forecasting, variance reviews, etc.
  • You will analyze financial data and create financial models in order to make recommendations for improvements
  • Understand country and category business drivers and monitor their performance and goals
  • Work closely with regional finance, and other members of the global finance organization
  • Construct financial models to evaluate pro-forma scenario planning
  • Conduct thorough research of historical financial data
  • Prepare cost projections
  • Enhance existing reporting and tooling capabilities in financial systems
  • Perform ad hoc deep dives on a range of business issues

We’re excited about you if you have:

  • Bachelor's degree and 0 to 3 years experience in Accounting or Finance
  • Raising daily/monthly customer invoices/credit memo of multiple revenue Stream after verifying the inputs with contracts and trackers.
    Performing daily cash application of manual and affiliate markets for multiple revenue stream.
    Coordinate with cash team, treasury team and sales team to meet daily SLA of cash application, initiating intercompany fund transfer and raising daily invoices and CMs.
    Performing weekly cash application reconciliation.
    Performing monthly balance sheet and P&L reconciliations as part of monthly/quarterly book close.
    Preparing monthly deferred revenue file to raise monthly invoices.
    Posting write off journals, sales channel re class, cost center re class journals.
    Customer queries needs to be attend and resolved with the specified SLA.
    Preparing SOP's of respective activities and get it reviewed and sign off by respective stakeholders.

Groupon’s purpose is to build strong communities through thriving small businesses. To learn more about the world’s largest local ecommerce marketplace, click here. You can also find out more about us in the latest Groupon news as well as learning about our DEI approach. If all of this sounds like something that’s a great fit for you, then click apply and join us on a mission to become the ultimate destination for local experiences and services.

Beware of Recruitment Fraud: Groupon follows a merit-based recruitment process without charging job seekers any fees. We've noticed an increase in recruitment fraud, including fake job postings and fraudulent interviews and job offers aimed at stealing personal information or money. Be cautious of individuals falsely representing Groupon's Talent Acquisition team with fake job offers. If you encounter any suspicious job offers or interview calls demanding money, recognize these as scams. Groupon is not responsible for losses from such dealings. For legitimate job openings, always check our official careers website at grouponcareers.com.

Top Skills

Excel
The Company
HQ: Chicago, IL
10,812 Employees
On-site Workplace
Year Founded: 2008

What We Do

Groupon is an experiences marketplace that brings people more ways to get the most out of their city or wherever they may be. By enabling real-time mobile commerce across local businesses, live events and travel destinations, Groupon helps people find and discover experiences––big and small, new and familiar––that make for a full, fun and rewarding life. Groupon helps local businesses grow and strengthen customer relationships––resulting in strong, vibrant communities.

With employees spread across multiple countries, we still maintain a culture that inspires innovation, rewards risk-taking and celebrates success. We encourage employees to embrace change, adapt to new circumstances, and find creative solutions to the challenges we face.

Does that sound like a great way to grow your career? If you possess the ambitious drive and hands-on talent that resonate with our vision, we encourage you to check out our current opportunities with #TeamGroupon.

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