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Senior Analyst, Financial Operations

Company: Wayfair LLC
Location: Boston
Posted on: June 12, 2021

Job Description:

The Wayfair Financial Operations organization is growing and looking to add Senior Analysts to their team. The Senior Analysts will support the Accounts Payable and Accounts Receivable teams by analyzing data related to supplier transactions and operations.

Wayfair Financial Operations organization is growing and looking to add Senior Analysts to their team. The Senior Analysts will support the Accounts Payable and Accounts Receivable teams by analyzing data related to supplier transactions and operations.

The Supplier Accounts Payable team is responsible for:

  • Ensuring our suppliers get paid accurately and on time
  • Educating and guiding suppliers from a finance lens throughout their partnership with Wayfair, from onboarding through scaling
  • Responding to finance-related questions, concerns, and disputes
  • Completing the reconciliation process for outgoing payments
  • Setting up and processing rebate programs for suppliers
  • Supporting Accounting with month- and quarter-end close tasks, including SOX controls and supporting data requests
  • Interacting with suppliers and their respective account managers from different business lines
  • Providing analyses of what suppliers have sold, allowance and credit structures, and deductions being paid out, as well as opportunities to improve both parties financial standing
  • Supporting the launch of New Business Initiatives and driving them to a scalable and sustainable state from a FinOps lens.
  • Challenging the status quo of our current workstreams and helping to identify opportunities for optimization and efficiency gains as we continue to scale

The Supplier Accounts Receivable team is responsible for:

  • Ensuring our suppliers and international supply chain customers are paying Wayfair accurately and on time
  • Educating and guiding suppliers and ISC customers from a finance lens through their participation in external-facing business lines, and helping to identify opportunities for Suppliers who aren't maximizing their revenue generation opportunities with Wayfair
  • Responding to finance-related questions, concerns, and disputes
  • Completing the reconciliation process for incoming payments
  • Supporting the launch of New Business Initiatives and driving them to a scalable and sustainable state from a FinOps lens
  • Supporting our liquidations business line as it continues to scale with increasing order volumes from a FinOps lens
  • Supporting Accounting with month- and quarter-end close tasks, including SOX controls and supporting data requests.
  • Supporting specific business lines, such as the CastleGate logistics network, which covers international supply chain, warehouse, and fulfillment centers
  • Analyzing past due balances across multiple business lines and identifying trends and actionable takeaways
  • Projecting incoming payment streams to better assess actual vs. forecast for significant variances
  • Providing analyses to support business lines as they look to growth and scale
  • Challenging the status quo of our current workstreams and helping to identify opportunities for optimization and efficiency gains as we continue to scale.

Qualifications:

  • Bachelor's degree in Business Administration, Finance, Accounting, Data Analytics, or a related subject
  • 2-3+ years of relevant financial analysis and/or transactional accounting experience
  • Intermediate to advanced Excel skills
  • SQL, Python, or Google BigQuery experience preferred, but not required

About Wayfair Inc.

Wayfair is one of the world's largest online destinations for the home. Whether you work in our global headquarters in Boston or Berlin, or in our warehouses or offices throughout the world, we're reinventing the way people shop for their homes. Through our commitment to industry-leading technology and creative problem-solving, we are confident that Wayfair will be home to the most rewarding work of your career. If you're looking for rapid growth, constant learning, and dynamic challenges, then you'll find that amazing career opportunities are knocking.

No matter who you are, Wayfair is a place you can call home. We're a community of innovators, risk-takers, and trailblazers who celebrate our differences, and know that our unique perspectives make us stronger, smarter, and well-positioned for success. We value and rely on the collective voices of our employees, customers, community, and suppliers to help guide us as we build a better Wayfair - and world - for all. Every voice, every perspective matters. That's why we're proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, or genetic information.

Keywords: Wayfair LLC, Boston , Senior Analyst, Financial Operations, Other , Boston, Massachusetts

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