Market Payables Analyst

Founded in 2015, Daraz is South Asia's leading e-commerce platform in Pakistan, Bangladesh, Sri Lanka, Nepal and Myanmar. It empowers more than 100,000 active sellers with world-class marketplace technology to reach the fast-growing consumer class in a region of 500 million people. Through Daraz Express and Daraz Pay, it operates the most efficient and digitalized logistics and payments infrastructure in its markets. Daraz' vision is to be a champion of South Asia serving 100 million customers and businesses by 2030.

For more information, please visit www.daraz.com

Job Responsibilities:

Payment Processing Management:

• Manage day-to-day operations of payment processing (local + international), including preparing the payout, updating correct bank/legal details, while ensuring adherence to established procedures and service level agreements.
• Manage seller sentiment by keeping a close eye on pending payments so that they are processed in time
• Uploading the relevant bank details on the portal

Weekly Uploads:

• Ensure all manual uploads pertaining to a revenue/expense is done timely every week so that seller sentiment stays under control
• In case of any deviation from set weekly timeline, the seller communication team should be kept in loop to avoid escalations

Stakeholder Management:

• Ensure a high level of stakeholder satisfaction by promptly addressing inquiries, resolving payment-related issues, and maintaining effective communication with internal and external stakeholders.
• Coordinating with the Legal, Risk & Seller On-boarding team to ensure any requests pertaining to accelerating or delaying payouts can be addressed promptly
• Resolving complaints received from KAMs through email, Xspace, Ding related to delays in payments on a daily basis
• Performing adhoc UATs on the payout systems as per request from FBP team
• Prepare accruals for cross-border payments to be submitted to the Reporting team
• Manage and coordinate the reconciliation of the relevant systems to ensure they balance and that any discrepancies or variations are investigated and corrected
• Liaising with tax team to provide a monthly input on the revenue recorded so tax can be filed accurately and timely

Process Improvement:

• Review and improve payment /uploads related processes to enhance efficiency, reduce errors, and minimize processing times, leveraging automation and technology solutions where applicable.
• Perform a weekly detailed reconciliation between different internal systems to ensure accuracy in the payout being processed

Job Requirements:

• Minimum Bachelors Preferably Masters or ACCA qualified
• Minimum 2 to 3 Years of experience in payments, stakeholder management and account payables
• Strong analytical and advance excel skills
• Previous experience as a payables/payments analyst would be a plus

What we offer:

• International working environment in a start-up setting, and a unique opportunity to learn from the best in e-commerce (Alibaba Group) and business growth
• A platform to learn from Alibaba's world-leading ecosystem
• Rigorous training and exposure in team management, leadership, business analytics, and operations
• An opportunity to train the next generation of business leaders in the 'tech' industry
• Competitive salary and incentive package

Seniority level

• Seniority levelAssociate

Employment type

• Employment typeFull-time

Job function

• Job functionAccounting/Auditing, Finance, and Analyst
• IndustriesSoftware Development and IT Services and IT Consulting

Referrals increase your chances of interviewing at Daraz by 2x

Get notified about new Market Analyst jobs in Karachi Division, Sindh, Pakistan.

Senior Business Analyst - I (Integrations)

Karachi Division, Sindh, Pakistan 8 hours ago

Financial and Regulatory Reporting Senior AnalystBusiness Analyst/Technical Proposal Writer (Evening/Night Shift)

Karachi Division, Sindh, Pakistan 1 day ago

Karachi Division, Sindh, Pakistan 1 day ago

Karachi Division, Sindh, Pakistan 8 hours ago

Karachi Division, Sindh, Pakistan 1 month ago

Karachi Division, Sindh, Pakistan 1 day ago

We're unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr

---