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Job Description
ABOUT US
We are an electronic retailer of jewelry and lifestyle products headquartered in Austin, Texas with a passionate team of approximately 550 people. Our products are sold through TV on 80m homes through our live 24*7 broadcasts, our website, OTT, marketplaces, and social media.
We are the US retailing unit and subsidiary of Vaibhav Global Limited (VGL) which is a well-established vertically integrated company, founded in India about 35 years ago and listed on the Indian stock exchanges. The company has had a turnover of $246 million (in the financial year 2022).
The other retailing units of VGL Group are in the UK (Shop TJC) and Germany (Shop LC, Germany). Together, all the units ship out approximately 50,000 pieces of products to their customers in the US, UK, and Germany every day. In addition to the companies in the US, UK, and Germany, VGL Group operates offices globally in India, China, Indonesia, and Thailand.
We believe in supporting our community and protecting the environment with the purpose of Delivering Joy.
Our service to the community is run through our Your Purchase Feedsxe2x80xa6 program under which each retailing unit donates one nutritious meal to a school-going child in India, the US, and the UK for each item sold through all its platforms. Your Purchase Feedsxe2x80xa6 has provided over 40 million meals to kids until now in the US. Our mission statement embraces the ambitious goal of distributing one million meals each day to children in need by 2031. We believe that Your Purchase Feedsxe2x80xa6 provides more than just a meal: it feeds the hearts, minds, and futures of children.
We are committed to protecting the environment by constantly working on reducing our carbon footprint and becoming net zero by 2032. Our offices in India function on solar power, and each business unit is working towards getting a LEEDS certification.
We live by and are inspired by our core values of Teamwork, honesty, commitment, passion, and a positive attitude, which form the basis of every decision we make.
ASSISTANT FINANCE CONTROLLER xe2x80x93 ROLE OVERVIEW
The Assistant Finance Controller is responsible for all financial and fiscal management aspects of Shop LCxe2x80x99s operations. This role will assist in preparing statements that follow all regulatory and accounting guidelines under the supervision of our Controller.
The goal is to contribute to keep the accounting and financial processes of SHOP LC up to standard and ensure accurate financial reporting and control. This role will oversee our different financial divisions such as accounts payable, accounts receivable, payroll, general ledger, month-end processing, etc.
Job Details:
- Work Location xe2x80x93 100 Michael Angelo Way, Austin, Texas 78728
- Reporting Manager xe2x80x93 Corporate Controller
Job Responsibilities:
- Driving the financial planning of the company by analyzing its performance and risks
- Business partnering, working with business and supporting to achieve larger business objectives, provide effective data and analytical support to make informed decisions.
- Retaining constant awareness of the companyxe2x80x99s financial position and acting to prevent problems
- To ensure One Company, One Language – helping other departments in
- standardization in line with global
- Synchronization of Chart of Accounts and Reporting format with sister company- Shop LC
- Prepare Weekly MIS with Inventory aging, EBIT and BWWB
- Prepare timely and detailed reports on financial performance on a monthly, quarterly, and annual basis
- Conduct analysis to make forecasts and report.
- Identify cost-saving opportunities, lead the cost rebase program for the unit.
- Short-term and long-term planning for the Unit and continuous measurement of performance against plan.
- New HQ Project ownership along with Finance Controller and Director Operations
Skills/Experience:
- Understanding of Indian GAAP standards
- In-depth knowledge of corporate finance and accounting principles, laws, and best practices
- Solid knowledge of financial analysis and forecasting
- Proficient in the use of MS Office and financial management software (E.g.: ERP)
- An analytical mind with a strategic ability
- Excellent organizational and leadership skills
- Outstanding communication and interpersonal abilities
- CPA or other relevant qualification
Physical Requirements:
- Prolonged periods of sitting at a desk
- Must be able to lift up to 15 pounds at times
Benefits of working with us
- Culture of openness and flexibility
- Balanced work life
- Opportunity to make a difference in the community
- Attractive pay and benefits including:
- Company-paid, employee-only medical, dental, vision, and life insurance.
- 4% 401(k) matching.
- Company profit sharing.
- Up to 15 days of PTO & vacation time, maternity/paternity leave, company-covered short-term & long-term disability, paid training time, paid volunteer time, 7 paid holidays.
- Corporate discounts & employee sales & discounts.
- Tuition reimbursement and scholarship (for dependents going to college).
- Employee Assistance Program.
