Senior Associate - Finance (Operations)

Hopscotch is looking for a Senior Associate - Finance (Operations) to join their team. The key responsibilities include: Payables & Vendor Management: - Drive monthly & quarterly reconciliations, ensure payment deadlines for vendors/partners are met per payment terms to build credibility with vendors and partners. - Ensure effective communication with vendors with response to periodic inquiries, solving disputes, resolving queries timely to ensure vendor satisfaction. - Eliminate gaps/discrepancies in the process/tools for AP Tracking. - Periodically reconcile invoices, work closely with SCM team to ensure accurate bookkeeping and payments in the accounting system (Tally ERP). - Work and Develop recommendations for process automation to reduce manual work. - Address deviations in pricing/margins agreed with vendors and maintain tight control over SLA breaches. - Ensure books are updated and confirmed for quarterly financial reporting. - Ensure timely payments as per agreed timelines - Ensure vendors file their GST returns for all invoices raised for Hopscotch - Drive-out reconciliation of GST balances as per books v/s as per GST portal, (GSTR-1, GSTR-2B etc) Banking and Treasury: - Liaise with the internal team for daily banking payments and receipts operations. - Track/build projections for cash outflows against AP vendors/other vendors and conduct analysis. Receivables Reporting: - Monitor and report on daily and weekly receivables with various partners. - Work closely with stakeholders to reconcile discrepancies between receivable recorded - Communicate with partners to address and resolve bottlenecks and problem areas. - Ensure receipts are tracked against receivables due, promptly highlighting and escalating any problematic cases. Analytics & Reporting: - Provide weekly/fortnightly payables reports for outstanding cases along with aging analysis. - Monthly reporting of business payables and fixed costs - Conduct monthly analysis for actual vs. projections and expected cash inflows/outflows.

Hopscotch is India's #1 kids lifestyle store, focused on offering head-to-toe fashion from top brands across the world. We apply data science to identify the latest fashion trends, and launch hundreds of new styles each day, to make shopping fun, easy, and affordable for moms. Hopscotch was founded in 2012 by Rahul Anand (HBS `09) and Lisa Kennedy (HBS `94), both former leaders from Diapers.com. Diapers emerged into the #1 online kids retailer in America and was sold to Amazon.com for $545 million. After the acquisition, Rahul and Lisa turned their attention to the Indian market and launched Hopscotch with a vision to create the leading kids lifestyle br...