Associate - Controllership & Finance

About the Company

Myntra stands as India's premier fashion and lifestyle platform where creativity is fused with technology. Pioneers in fashion e-commerce, Myntra thrives on innovation, leadership, and an empowering collaborative culture. From its origins as a customization service in 2007, it has evolved into a technology and fashion leader, committed to revolutionizing the Indian fashion industry. The dynamic, merit-based environment encourages intellectual curiosity and equips teams with essential tools and opportunities for growth.

Role Responsibilities

• Perform daily reconciliation of processed accounts payable payments against bank statements to confirm all withdrawals are accurate and authorized.
• Investigate and address discrepancies such as outstanding checks not yet cashed, unsuccessful ACH or wire transfers, unrecorded bank fees or service charges, and duplicate or excessive payments.
• Create and post adjusting journal entries in the General Ledger to amend errors or reflect bank-initiated transactions.
• Manage voiding of stale checks and coordinate with the accounts payable team for payment reissuance to vendors.
• Complete bank reconciliation reports related to accounts payable in a timely manner to assist the Finance Manager during month-end closure.
• Organize and maintain documentation to support internal and external audit processes concerning payment verification and cash controls.

Required Qualifications and Skills

• Understanding of the procure-to-pay (P2P) cycle and financial reporting processes.
• Undergraduate degree in any field is required.