Associate, Operations

5 - 7 years

0 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Overview

The Associate, Operations will lead the day-to-day execution of inventory finance programs with global clients. The successful candidate will play a pivotal role in ensuring the seamless execution and management of our inventory finance programs. You will work closely both with internal Operations, Finance, Client Management, and Business Systems teams and with clients directly to drive operational excellence. This role will report to the Managing Director, Operations & Risk

Primary Responsibilities

Serve as day-to-day contact for operations teams of both clients and suppliers

Manage the receipt, intake into NetSuite, accuracy confirmation, preparation, and sending of purchase orders, invoices, goods receipt notices, inventory pull notifications, and inventory reports to and from inventory finance clients and suppliers

Manage the tracking of inventory movements on company's balance sheet and reconcile with warehouse reporting of inventory balances

Draft borrowing requests to company's lenders

Initiate payments to suppliers

Reconciling payments to supplier Statement of Accounts

Ensure inventory programs are being executed within agreed upon limits with clients and borrowers

Partner with Finance team to ensure accurate general ledger entries, payments and reconciliations

Partner with Client Management team to problem solves issues with clients and suppliers

Qualification and Experience (Academic, Professional, Relevant Job Knowledge)

Bachelor degree in business, finance, or the related fields

5+ years of experience in similar operations roles within financial services(e.g., loan operations, loan administration, etc) or procurement logistics

Strong attention to detail, organizational, and problem solving skills

Ability to manage workload independently, assuming a high level of responsibility and accountability

Excellent communication and interpersonal skills, including experience communicating with clients in a friendly and professional manner

Experience thriving in a fast-paced work environment

Strong Microsoft Office skills

Experience working with Netsuite is a plus, but not required

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