Designation: Associate Director - Controllership
Bangalore, Karnataka, India
Our Story
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto is on a mission to save you time making every second count towards life's real joys. Our platform has revolutionised rapid commerce in India with cutting-edge technology and strategically optimised delivery hubs. Zepto offers an extensive range of 45,000+ products, from fresh groceries to electronics, beauty essentials, apparels, toys and more, delivering across 50+ cities within minutes.
Zepto Caf extends our commitment to convenience, featuring a curated menu of over 200 fresh items.
Summary
This position shall be part of the accounting, finance operations (Procure to Pay) and cross functional programs/business launches 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.
Key Responsibilities:
- Review and drive the operational excellence in the procure to pay process.
- Ensuring proper internal controls and documentation (SOPs/checklist) for assigned processes including but not limited to vendor payments, vendor disputes, vendor reconciliation, claims management and vendor returns.
- Partner/drive automation initiatives from operations and accounting point of view.
- Manage and supervise return to vendors billing to ensure operational excellence.
- Manage and supervise claims billing, collection to timely billing and collection to optimise working capital.
- 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/recivables.
- Developing strong partnership with Category, Finance Partners, Tech teams, and Supply Chain/Ops.
- 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 ,claims/disputes, etc.
- Supervise the accounting for business transactions.
- Actively work in formulating accounting policies and guidelines for all critical business processes
- Ensure adherence to company's accounting policy and guidelines.
Basic Qualifications:
- CA/MBA with 6+ years of relevant experience.
- Should have strong excel skills and ability to handle volumes,
- SAP 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 or E-
- commerce.
- Proven ability to develop new ideas and creative solutions
- Ability to work autonomously in a fast-paced environment with changing priorities
- 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
