Senior Manager Revenue Assurance

Posted 3 Days Ago
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Bangalore, Bengaluru, Karnataka
7+ Years Experience
eCommerce • Mobile
The Role
As a Senior Manager - Revenue Assurance at Meesho, you will provide strategic direction to the revenue and receivables charter. You will analyze revenue and collection lines, collaborate with stakeholders to resolve issues, and drive automation for workflow efficiencies.
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!😎

 

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


As Senior Manager - Revenue Assurance, you’ll give strategic direction to the revenue and receivables charter from the Finance team. On a typical day, you’ll be analyzing in-depth aspects of our revenue and collection lines and resolving issues by collaborating with business, product and finance stakeholders thereby avoiding financial leakage. You’ll be working with a team of finance and business rockstars who are obsessed with delivering best in class experience to all our stakeholders. You’ll also drive automation to improve workflow efficiencies leading to enhanced accuracy.

What you will do

  • A Senior Manager is a senior resource who has independent responsibilities and leads a team. Some of the responsibilities are as follows:
  • With ~$1.5Bn revenue, Meesho has a robust control framework to ensure that the company’s revenue booked is correct, complete and comprehensive. SM needs to critically and continually validate the framework to ensure its relevance and effectiveness.
  • Lead the setting up of finance processes for new strategic revenue lines for the company by partnering with business POC and product stakeholders
  • Improve revenues and profitability through minimisation of leakages (carrying out RCA, collaborating with Product and Analysts and putting in required fixes through automation)
  • Strengthen our revenue collection process and supervise remittance from external partners (logistic partner, payment gateways etc) to fix gaps, if any
  • Ensure timely closure of activities related to revenue recognition with utmost accuracy
  • Ensuring 3-way reconciliation between Revenue vs Collection vs agreed SLA’s
  • Leverage the Business Analysts dedicated for Revenue Assurance to build dashboards and carry out RCA
  • Drive improvements and develop automation in revenue related tasks & workflows
  • Work with cross-functional teams to ensure variations are addressed at the root cause level
  • Set up processes and controls for new revenue streams to ensure zero leakages
  • Prepare accounting memos on new revenue streams to ensure compliance with accounting standards. Prepare KPIs, variance analysis and highlight deviations, if any
  • Give presentation and shares perspective on above areas with senior management
  • Leading statutory and internal audits for revenue and receivables
  • Lead a experienced team 5 to 6 of qualified finance professionals and business analysts to ensure they grow, scale and deliver
  • Reporting Structure: Reporting to Group Controller with dotted line to CFO

What you will need

  • Chartered Accountant with 8+ years of post qualification experience
  • Prior experience of working in a startup in a similar role involving Revenue Analysis or cost analysis or FP&A for at least 2 out of last 4 years
  • A problem-first mindset, with the ability to proactively identify challenges and develop effective solutions
  • Ability to understand and effectively apply technical accounting guidance for Revenue Recognition
  • Prior experience of handling a team is must
  • Ability to prioritize and meet tight deadlines
  • Articleship from Big 5’s / respectable mid-sized CA firm is preferable
  • Strong analytical and management skills, has a clear articulation
  • Willingness to learn in a fast-paced environment
  • Can confidently interact with business stakeholders and take lead in solving issues
  • Does not hesitate to share their point of view in discussions

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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