Commercial Finance Operations Specialist

1 week ago

Copenhagen, Copenhagen, Denmark Wolt Full time
{"title": "Commercial Finance Operations Specialist", "description": "Job Summary

We are seeking a highly skilled Commercial Finance Operations Specialist to join our team at Wolt. As a key member of our operations team, you will be responsible for driving commercial and financial processes that support our business growth.

Key Responsibilities
  • Commercial Tasks:
  • Define Wolt Market's assortment for each store and work with vendors and supply chain teams to drive projects and trading strategy.
  • Lead effective negotiations with suppliers to establish joint goals, improve cost structure, and sustainably grow the P&L.
  • Vendor payments end-to-end ownership including Goods Receipt/Invoice Receipt (GRIR) processes and strategies to ensure accurate financial reporting, prompt supplier payments, and the identification of business risks and deviations.
  • Financial Tasks:
  • Represent Wolt Market to our vendors on invoicing and payment topics.
  • Work closely with the central accounts payable & inventory receivable team to ensure we are on track with payment SLAs and identify ways to improve the accuracy and speed of vendor payments. Intervene(hands-on) where necessary to ensure payments are executed correctly.
  • Vendor communication & relationship management on invoicing: Work closely with vendors to increase compliance with Wolt guidelines to ensure fast and accurate payments.
  • Conduct deep dives to closely monitor 3-way matching(Ordered to vendors vs received in Wolt-Market stores vs Invoiced by vendors) process. Manage dispute resolution on invoicing issues with vendors to ensure we pay accurately and provide transparency on these topics to internal teams and vendors.
  • Work closely with technology teams to continuously improve Procure-to-Pay (P2P) processes end to end and further automate vendor invoice & payment processes.
  • Maintain key internal relationships with all stakeholders to ensure we are quick to resolve any financial and invoicing issues.
Requirements
  • 1.5-3 years of experience from a role with commercial, financial or supply chain responsibility.
  • Preferred understanding and knowledge from grocery retail - otherwise key account management, commercial, finance and supply chain.
  • Demonstrable experience of autonomous problem-solving in a fast-paced environment.
  • Knowledge of finance, Accounts Payable processes, and NetSuite is an advantage but not mandatory.
  • Comfortable in undertaking both hands-on daily tasks as well as impacting bigger picture projects and roadmaps.
  • Excellent MS Excel skills (Vlookups, pivot tables, power query and other general formulas).
  • Fluent in Danish and English both spoken and written.
  • Eligible to work in EU.
About Wolt

We are a high-growth company redefining grocery shopping. If you are excited about working in a dynamic environment, taking ownership, and being part of an ambitious team, we encourage you to apply.

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