[Coupang Pay] CFO/Director, Financial Planning & Analysis

Company Introduction

We exist to wow our customers. We know we’re doing the right thing when we hear our customers say, “How did we ever live without Coupang?” Born out of an obsession to make shopping, eating, and living easier than ever, we are collectively disrupting the multi-billion-dollar commerce industry from the ground up and establishing an unparalleled reputation for being leading and reliable force in South Korean commerce.

We are proud to have the best of both worlds — a startup culture with the resources of a large global public company. This fuels us to continue our growth and launch new services at the speed we have been at since our inception. We are all entrepreneurial surrounded by opportunities to drive new initiatives and innovations. At our core, we are bold and ambitious people that like to get our hands dirty and make a hands-on impact. At Coupang, you will see yourself, your colleagues, your team, and the company grow every day.

Our mission to build the future of commerce is real. We push the boundaries of what’s possible to solve problems and break traditional tradeoffs. Join Coupang now to create an epic experience in this always-on, high-tech, and hyper-connected world.

Team Overview

Coupang’s FinTech business includes CouPay, our proprietary payments service, which provides 10M+ customers with convenient ways to pay for their purchases on Coupang’s platforms; Wow card (the fastest growing co-branded credit card in Korea) and Seller Wallet (liquidity and lending solutions for our sellers).    We are also in the process of aggressively expanding into new Fintech product segments across Payments and Lending. 

We are looking for a head of Finance for Coupang’s FinTech business.   This is a critical Business Unit Finance role working in close partnership with FinTech business leaders.  This role will be the primary liaison between the FinTech business and Central Finance to facilitate the quarterly/annual planning process, business updates, and reporting deliverables.

In this role, you will be required to develop the operating and financial plan required to achieve strategic plans and goals, track performance on growth, margins and cashflows and identify opportunities to improve ongoing financial performance. The role will also be responsible for securing debt funding for the business as it grows and for supporting our BD team in partnership/deal negotiations and subsequent management of financial performance of partnerships. 

What You Will Do

• Be responsible for managing the Finance function for the FinTech business
• Drive Coupang Fintech business’s financial planning and budgeting processes.
• Forecast, track and update financial plan on a regular basis
• Define key KPIs, report on variances, identify root causes and partner with business unit leaders to come up with solutions
• Identify opportunities to improve profitability of the business using data and analysis
• Oversee the shared finance services, such as Accounting and Treasury, provided by Coupang Corp.
• Obtain financing for the lending business as it grows
• Collaborate with all the leaders across the business and interface with all the corporate finance teams at Coupang.
• Partner with our BD team in partnership/deal negotiations with local banks and card companies

Basic Qualifications

• Proven experience as a CFP or in a senior financial leadership role within a financial service company or a tech company.
• Financial modeling and strong data analysis skills.
• Proficiency in financial planning, budgeting, and risk management.
• Excellent communication skills including ability to communicate complex financial topics to a non-technical audience
• Ability to partner effectively with business, corporate finance and functional teams

Preferred Qualifications

• Debt financing (experience raising debt, establishment of debt facilities and/or issuance of ABS securities)
• Managing partnerships with banks/card companies from a finance perspective
• Knowledge of the Korean bank/credit card/FinTech market
• CPA/CA
• MBA

Recruitment Process and Others

Recruitment Process

• Application Review - Phone Interview - Onsite (or Virtual Onsite) Interview – Offer
• The exact nature of the recruitment process may vary according to the specific job and may be changed due to scheduling or other circumstances.
• Interview schedules and the results will be informed to the applicant via the e-mail address submitted at the application stage.

Details to Consider

• This job posting may be closed prior to the stated end date for application if all openings are filled.
• Coupang has the right to rescind an offer of employment if a candidate is found to have submitted false information as part of the application process.
• Coupang does not discriminate against disabled applicants or those with veteran status. We are proud to offer equal opportunities for all applicants.
• Hiring may be restricted in case the legal qualifications required for hiring and work performance is not met.
• This is a full-time regular position and includes 12 weeks of probation period; provided, however, the probationary period may be either skipped, shortened or extended if necessary for business purposes.

Privacy Notice

Your personal information will be collected and managed by Coupang as stated in the Application Privacy Notice is located below.
https://privacy.coupang.com/en/land/jobs/

Document Return Policy

1. This notification is given pursuant to Article 11 (6) of the Fair Hiring Procedure Act.
2. A job applicant, who has applied but not been finally selected for a position at Coupang (the “Company”), may request the Company to return his/her hiring documents submitted pursuant to the Fair Hiring Procedure Act. However, this will not apply where the hiring documents were submitted via the website of the Company or e-mail, or where the job applicant submitted those documents voluntarily without a request from the Company. In addition, if the hiring documents were destroyed due to a natural disaster or any other reasons not attributable to the Company, such documents will be deemed to have been returned to the job applicant.
3. A job applicant who wishes to request the return of his/her hiring documents pursuant to the main sentence of paragraph 2 above should fill out a “Request for Return of Hiring Documents” [Annex Form No. 3 in the Enforcement Rule of the Fair Hiring Procedure Act] and submit It by email ([email protected]). In such case, within fourteen (14) days from the date of identifying the receipt of the request, the Company will send the hiring documents to the job applicant’s designated address via registered mail. Please be informed that the job applicant is required to pay the postage on the registered mail.
4. In preparation for a job applicant’s request for the return of hiring documents pursuant to the main sentence of paragraph 2 above, the Company shall retain the original hiring documents submitted by the job applicant for 180 days from the completion of the recruiting process. If no request is made until the end of this period, all his/her hiring documents will be destroyed immediately in accordance with the Personal Information Protection Act.
5. The above paragraphs 1 - 4 shall only apply when the labor-related laws of Korea govern the application. They are otherwise not applicable.

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