Finance (Order to Cash), Senior Analyst

Job Summary

Reporting to the Finance Services Order to Cash Manager, the incumbent will be responsible for the cash application, ZAP and GFG ads processes. This requires that the incumbent understand the procedural and operational aspects of account receivables transaction processing in accordance with Zalora policies and local company legal and statutory requirements.

Core Responsibilities

Cash Application

• To prepare template to be uploaded in SAP to manually publish incoming bank statements for any receipts.  
• Process the payment allocations in accordance with remittances or valid supporting documents. 
• Collaborate with various stakeholders to help identify short payments or discounts that have been taken so that credit notes can be processed where applicable.
• Monthly reconciliations (Intercompany accounts, clearing accounts, GFG Ads related accounts, Receivables & Advance Received)
• Monitoring errors and exceptions to the automated processes by working with associate manager and IT team to identify root causes of these errors. 
• Complete settlement details for prepayment and refund

Billing

• Post internal, external and Interco invoices (Recharge billing, management fee, freight and expenses, Payroll and POB)
• Issue customer and Interco statement of account 
• Checking and preparing accruals and ensuring transfers between intercompany is done on monthly basis.
• Prepare billing reports to be used by internal stakeholders (Commercial team, Warehouse team ..etc)
• Work on dispute management for all lost and damaged items 
• Support commercial team in current project such as local wallet, change for payment provider and manual top up automation process.

Expectations

• All requests should be handled in accordance with the defined work instructions and standard operating procedures to ensure processing accuracy and completeness.
• To ensure adherence to internal controls, standards, or norms as well as the achievement of service levels and KPI targets, support controls and recurring inspections are conducted. Perform any other duties as assigned by Manager.
• Ensure that reporting deadlines are consistently met and that internal/external stakeholder requests are handled and resolved in a timely, responsible and proactive manner.
• Work towards improving accuracy, efficiency and compliant cash application and billing processes by actively supporting or taking part in any project linked to system improvement or process improvements activities.

Qualifications and Experience

• Candidate must possess at least an Degree in Finance, Accounting or Business Administration or working towards Professional Accounting Qualification such as ACCA, MICPA or CIMA.
• Strong knowledge of Microsoft Excel, SAP
• Have at least 5 years of experience in OTC or similar functions.

Wonder how it's like to build your career with ZALORA? Inspired by employees, we believe you'll be in for:

• An exciting platform to make your success story
• Have the utmost care for your mental and physical wellbeing
• Flexibility weaved into your lifestyle
• A seamless work environment with a friendly & team-fueled culture
• Career growth aligned to your professional and personal needs and goals

Want to stay ahead with our developments? Follow us at our LinkedIn page and know more about us from our career website.

The ZALORA Story

ZALORA is Asia’s leading online fashion, beauty and lifestyle destination, part of Global Fashion Group. As one of the region’s pioneer large scale ecommerce platforms, ZALORA has established a strong presence throughout the region, particularly in Singapore, Indonesia, Malaysia, Brunei, the Philippines, Hong Kong, and in Taiwan, enjoying over 50 million visits per month.

ZALORA is not obligated to accept resumes from any third parties on behalf of potential candidates for any position (advertised or otherwise) by any means, unless ZALORA has executed a written agreement with such third party and has expressly requested such third party for candidate referrals. Third parties who provide unsolicited resumes of candidate(s) shall waive and forfeit all rights to claim for any placement fees or referral fees in the event that such candidate is eventually engaged or employed by ZALORA or Global Fashion Group.

Consent Disclaimer

By submitting your application for this role, you consent to ZALORA collecting, using and processing through and in ZALORA’s systems all personal data included in or provided in relation to your application. The purposes for such collection, use and/or processing shall be for conducting of ZALORA’s recruitment requirements for the present role, and identifying and evaluating other roles and career opportunities within ZALORA which you might be a good fit for.