Manager- Controllership

Posted 2 Days Ago
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Bangalore, Bengaluru, Karnataka
Mid level
eCommerce • Mobile
The Role
The Manager of Finance at Meesho will lead the Books, Audit, Payables, Banking, Insurance, and Assets vertical. Responsibilities include managing the treasury function, overseeing the investment portfolio, developing financial statements in accordance with GAAP, coordinating audits, and supervising accounting functions. The role requires collaboration with various teams and mentoring a team of financial professionals.
Summary Generated by Built In

About the Team


It’s no secret that Meesho is making massive leaps towards becoming the most used e-commerce app in India. Our Finance team has a key role to play in the company's success. Here’s your chance to be a part of the Meesho success story!😎

 

As Manager - Finance, you will be one among the 50+ professionals working in domains such as Financial Reporting, Finance Operations, Business Finance, Treasury Management and Taxation. The team consists of Chartered Accountants, Business experts and Engineers, who have previously worked for internationally renowned organizations.

 

Our team believes in working hard and partying harder. We organize team trivia nights, board game marathons, and other fun events to foster our team spirit 💥.


About the Role


We are seeking a highly skilled and experienced Manager Finance who will lead the Books, Audit, Payables, Banking, Insurance and Assets vertical at Meesho. This role provides an unique opportunity to be an integral part of the core IPO team as Meesho is about to embark its journey as a listed company.


This role requires to manage the company's overall treasury function, including liquidity management, cash flow forecasting, investment strategies, risk management, and banking relationships. Oversee the company's investment portfolio. Develop and execute investment strategies aligned with the company’s risk tolerance and financial goals. Develop and implement hedging strategies to mitigate risk exposure.

What will you do

  • Develop & maintain timely & accurate financial statements and reports that are appropriate for the users and in accordance with GAAP.
  • Guide finance stakeholders in finalizing correct accounting treatments for new & upcoming LOBs.
  • Implement automated systems for consolidation of subsidiary financials into the group company.
  • Coordinate and oversee the external audit process with Big 4 auditor including resolution of audit findings.
  • Collaborate with peer teams (eg: FP&A, IR) for MD&A, annual report preparation, resolving investor queries etc.
  • Implement industry best practices for month closing with accurate provisioning ensuring that the monthly financials are complete, accurate and highly reliable for strategic decision making.
  • Conduct thorough analysis of financial performance and variances to ensure financial health and operational efficiency.
  • Oversee all accounting functions including accounts payable, accounts receivable, general ledger and payroll.
  • Supervise and manage the accounts payable team in processing invoices accurately and efficiently for trade payments of >$3bn and non-trade payments of >$1bn.
  • Set up systems for maintaining positive vendor relationships through effective communication and timely issue resolution.
  • Effectively leverage our Oracle Fusion ERP system including Vendor Management module to automate end-to-end payment systems and build a scalable structure.
  • Collaborate with Product for strengthening controls in Seller payouts and automating new use cases.
  • Maintain strong banking relationships and implement innovative solutions for receivables, payouts, working capital etc Manage and mentor a team of accountants and financial professionals.

What will you need

  • Chartered Accountant.
  • 4-7 years of post qualification experience with audit experience in Big 5 and experience of handling Accounts / Audit in startups.
  • Thorough knowledge of accounting principles and procedures, financial reporting, and financial data analysis.
  • Experience with financial management software and ERP systems.
  • Demonstrated experience in Business Partnering & external stakeholder management.
  • Excellent communication and interpersonal abilities.
  • Strong bias for speed for execution.
  • Ability to multitask, think critically and execute tactically.
  • Have a proven track record of finding innovative solutions to problems.

About us 


Welcome to Meesho, where every story begins with a spark of inspiration and a dash of entrepreneurial spirit. We're not just a platform; we're your partner in turning dreams into realities.


Our Mission


Democratising internet commerce for everyone- Meesho (Meri shop) started with a single idea in mind -to be an e-commerce destination for the next billion Indian consumers and enable 100 million small businesses to succeed online. We provide sellers with a range of industry-first benefits such as zero commission and the lowest shipping cost. Over 1.75 million sellers are registered on Meesho, growing their business by tapping the company’s massive customer base, state-of-the-art tech infrastructure, pan-India logistics at the lowest cost through third-party logistics providers in an 'Everyday Lowest Cost' channel for sellers. Affordable, relatable merchandise mirroring local markets has helped us make inroads with first-time internet users in the country. We cater to an underserved and unique customer base and cover every serviceable pincode in the country. Our unique business model and continuous innovation has enabled us to become the first Indian horizontal E-commerce company.


Culture and Total Rewards


Our focus is on cultivating a dynamic workplace characterized by high impact and performance excellence. We prioritize a people-centric culture, dedicated to hiring and developing exceptional talent. Total rewards at Meesho comprises of a comprehensive set of elements - monetary, non monetary, tangible and intangible in nature. Our 11 guiding principles, or "Mantras," are the backbone of how we operate - influencing everything from recognition and evaluation to growth discussions. Daily rituals & processes like “Reflections”, “Listen or Die” , Internal Mobility Program, Talent Reviews, Continuous Performance Management - all embody these principles. 

We provide market leading compensation - both cash and equity-based - specific to job roles, individual experience and skill along with our employee centric benefits and work environment. We focus extensively on holistic wellness - through our MeeCare Program - encompassing benefits and policies across physical, mental, financial, and social wellness aspects. This includes extensive medical insurance benefits for employees and their families, wellness initiatives like telehealth, wellness events, and gym & recreational discounts etc. To support work-life balance, we provide generous leave policies, parental support benefits, retirement benefits, and learning and development assistance. Through gratitude for stretched work, personalized gifts, engagement & fun at work - we promote employee delight at the workplace. Many other benefits such as salary advance support, relocation assistance, and flexible benefits plans further enrich the Meesho employee experience.


Know more about Meesho here : https://www.meesho.io/



The Company
Bengaluru
10,000 Employees
On-site Workplace
Year Founded: 2015

What We Do

Meesho is India’s fastest growing internet commerce company. We want to make eCommerce accessible to all. Our vision is to enable 100 million small businesses in India, including individual entrepreneurs, to succeed online. Our mission is to democratise internet commerce by bringing a range of products & new customers online. What started as a reseller-focused platform six years ago has now emerged as a single ecosystem connecting millions of sellers, consumers and entrepreneurs.

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