Assistant Manager/Executive (Accounts Receivable)

Job Description

Job Title Assistant Manager/Executive (Accounts Receivable) Position Full Time (WFO) What is BrightChamps? A global live-learning edtech platform for kids from 6 to 16 years to learn next-gen life skills such as Coding, Financial Literacy, Communication Skills and Robotics. BrightCHAMPS is currently valued at $650 million with a $63 million investment, and services 30+ countries (India, Indonesia, US, UAE, Vietnam, and many other countries across SEA and MENA) in 12+ languages across its 4 verticals. Our Vision To become a global platform which is synonymous to high quality education around important life skills. We believe that the world is evolving faster than ever and curriculum taught at school may not suffice, thereby creating a gap. We, at BrightChamps, are driven to bridge that gap, laying strong foundations around important life skills, yielding superlative outcomes, at large. Focus Area : K-12 Market : Global (already made a mark in ~25 countries) Life skills : Technology foundation, Financial literacy, Robotics, Effective communication, Crypto etc.. Journey so far: Having started in July 2020, BrightChamps is one of the fastest growing EdTech companies, globally. Our strong PMF, coupled with our remarkable execution, have translated into fast growth. Our growth is also attributed to the academy, conducting more than 0.1 million classes every month and the customer revenue directly funneling into our growth. Funding: 63 Mn $ Our growth curve gained traction from global marquee investors, including GSV Ventures (USA), Premji Invest (India), Binny Bansal (Flipkart founder), BEENEXT (Singapore). Valued at half a billion, in the past 3 years, we raised funding of 63 million USD from these Tier 1 investors. Link : Edtech startup BrightChamps, valued at nearly $500 million, comes out of stealth mode Acquisitions: Almost 3 years from commencement and we already have made 3 acquisitions. WOOHOO! Education10x, which was our first acquisition, has already scaled more than 10x, in just 6 months, with their expert delivery in courses on financial literacy. Schola, our second prized acquisition, is all set to create an impact across the SEA group. With the most recent acquisition of Metamorphosis Edu, BrightChamps has entered the B2B arena. Metamorphosis Edu partners with schools across India to train students in skills linked to entrepreneurship. The startup also helps its clients come to grips with the National Education Policy (NEP). While Metamorphosis Edu has so far focussed on setting up entrepreneurship cells in schools to teach its courses, as the B2B arm of BrightChamps, it plans to introduce more skill-based learning courses. We have plans to foray into other life skills, with more acquisitions underway, globally. Edtech Startup BrightChamps Marks First Acquisition With Education10x Edtech Startup BrightCHAMPS Acquires Schola For $15 Mn (inc42.com) Edtech startup BrightChamps makes third acquisition, enters B2B arena Plans ahead… Launch other verticals focussing on varied life skills, and scale them up through integration with our tech infrastructure Provide an indulgent and meaningful learning experience to kids, through gamified approach and massive distribution Build the best online global academy, ever known. We already have teachers from ~ 10 countries Acquire relevant companies in our space to turbo charge our growth aspirations What is this role about? Responsibilities  Execute daily reconciliation between aggregators and order management systems  Collaborate with the sales and operations teams to address and resolve customer billing/refund issues promptly.  Collaborate with the IT team to automate reconciliation processes and address potential revenue leakages.  Maintain compliance with financial controls and procedures and contribute towards audits.  Reconcile company bank accounts and accounts receivable ledger with supplier statements as needed.  Audit Support: Provide required schedules, documentation, and samples to internal and external auditors during the annual audit process  To perform other accounting & related tasks those are directed by the company. Experience and Skills  B.Com/M.Com/MBA/Inter CA with 4-7 years of working experience in accounts receivable, finance, or a similar role.  Familiarity with accounting principles and practices, including but not limited to billing, payment reconciliation, and month-end closing procedures.  Exposure to managing relationships with payment aggregators & banks.  Proficient in Microsoft Office Suite and other financial tools to generate reports and manage data.  Excellent written and verbal communication and organisational, planning and problemsolving skills, flexibility and adaptability to manage changing priorities and workflow. What’s in store for you? Experience of blitz scaling a startup Meritocratic environment to work, where your rewards are directly proportionate to your achievements. Practically no limit. Superlative rewards/growth forsuperlative outcomes Opportunity to work with some of the best talented and growth oriented folks committed to building the best EdTech company globally Our culture code : What we believe in… 1Bias for Action : We reward people who bring unfair advantage to the organization, driving outcomes through quick execution 2Outcome Driven : We measure success based on the outcome rather than the output! We believe in meritocratic philosophy, where growth is proportional to the impact of your outcome 3Thinking Big : Our vision is to make the best EdTech company globally by reimagining the way children learn across the globe. And, that calls for audacious folks, who don’t just survive, but thrive… taking bold bets 4PPP : Our priorities - People, Product and Profit, in order of importance