Operations Finance Specialist Job in Shopup

Operations Finance Specialist

Location: Bengaluru, India
Company: ShopUp HQ

Role Overview

We are looking for a detail-oriented and analytical Operations Finance Specialist to support our business operations with robust financial planning, analysis, and cost control. You will work closely with operations, procurement, and senior management teams to drive financial efficiency, ensure accuracy, and enable strategic decision-making.

Key Responsibilities

Data Collection & Validation:

• Gather financial data from various business and cross-functional teams.
• Validate data related to Sales, COGS, Damages, Non-claimable items, Incentives, VAT, AIT, etc.
• Review and ensure accuracy of financial entries in NetSuite.
• Post journal entries and oversee approval workflows within financial systems.

Audit & Compliance:

• Manage external audits and prepare audited Financial Statements in compliance with IFRS.
• Perform intercompany balance reconciliations and VAT input/output reconciliations.
• Ensure compliance with internal financial policies and regulatory requirements.

Financial Reporting & Analysis:

• Prepare MIS reports including weekly, monthly, and yearly flash reports broken down by Subsidiary, Category, Business Unit, and Entity.
• Conduct entity-wise ICRRS and trend/variance analysis.
• Reconcile data between DMS and NetSuite.
• Match MIS reports with audited Financial Statements per IFRS.
• Monitor operational costs and analyze variances across departments.
• Support budgeting, forecasting, and strategic financial planning.

Cost Control & Collaboration:

• Assist in implementing cost-control measures to improve financial efficiency.
• Collaborate with procurement and factory teams to ensure financial accuracy throughout the supply chain.
• Perform inventory and production cost analysis to support operational decision-making.

Additional Duties:

• Assist in audits and ensure operational finance record accuracy.
• Identify financial risks and suggest mitigation strategies.
• Provide ad-hoc financial support and analysis to management as needed.

Qualifications & Experience

Educational Requirements:

• Chartered Accountant (CA), ACCA, or equivalent qualification highly preferred.
• Bachelor s or Master s degree in Accounting, Finance, or related field.

Professional Experience:

• 2 4 years of experience in operations finance, cost accounting, or related financial roles.

Skills & Competencies:

• Strong analytical, problem-solving, and data validation skills.
• Proficiency in Excel and financial ERP systems (NetSuite preferred).
• Good communication and cross-team collaboration abilities.
• Ability to work effectively in a fast-paced, detail-oriented environment.