About VGL Group
Vaibhav Global Limited (VGL) is a leading electronic retailer of jewelry and lifestyle products. In FY 2023-24, VGL reported a turnover of ~$365 million and employs 4,000+ people globally, with 3,000+ based in Jaipur, India.
Multi-Channel Presence
VGL reaches a broad audience through its TV, e-commerce, and digital retail platforms:
- Shop LC (USA) – Live broadcasts to 60M+ homes with a strong e-commerce presence.
- TJC, UK – Reaches 27M+ homes through TV and digital platforms.
- Shop LC Germany – Broadcasts to 40M+ homes, expanding VGL’s European market presence.
- Ideal World (UK) – Acquired in 2023, a leading UK teleshopping & digital sales platform.
- Mindful Souls – Acquired in 2023, a fast-growing subscription-based e-commerce brand focused on spiritual and wellness products.
Social Impact & ESG Initiatives
- Your Purchase Feeds… – VGL’s flagship one-for-one meal program has provided 99M+ meals to schoolchildren in India, the US, and the UK.
- Employee Volunteering – Encourages employees to donate two hours monthly for charitable activities.
- Sustainability Commitment – Focused on renewable energy, waste reduction, and green initiatives.
- IGBC Award Winner – Recognized for excellence in green built environments at its Jaipur SEZ unit.
- Assigned a ‘Combined ESG Rating 72 (Strong)’ from ICRA ESG Ratings Limited
Talent & Culture
- Humanocracy & Micro-Enterprises – VGL fosters a decentralized, empowered work culture, enabling small, agile teams to drive innovation and ownership.
- Talent Density & Meritocracy – Prioritizing high-performance teams, rewarding talent, and a culture of excellence.
- GPTW Certified – Recognized as a Great Place to Work across India, the US, the UK, and China.
Recognition & Achievements
- Top Exporter Award – Honored by GJEPC for being India’s largest exporter of silver and colored gemstones.
- Operational Excellence – A strong track record in value-driven retail and customer-centric growth.
We are seeking a detail-oriented and analytical Accounts Receivable (AR) Analyst to join the Finance team at Shop LC. This role is responsible for managing customer receivables, performing financial reconciliations, analyzing customer transaction exceptions, and ensuring the accuracy of accounting records. The ideal candidate will support month-end financial activities, maintain compliance with accounting standards, and collaborate with cross-functional teams to enhance operational efficiency.
- Monitor customer accounts and outstanding receivables.
- Perform customer account reconciliations and maintain accurate accounting records.
- Investigate and resolve billing discrepancies, chargebacks, refunds, and payment exceptions.
- Prepare and analyze reports related to customer transactions, including chargebacks and refunds without returns.
- Reconcile merchant and bank transactions with receipts and refunds recorded in the ERP system.
- Perform Sales Tax reconciliation and ensure the accuracy of tax-related transactions.
- Prepare Accounts Receivable aging and reconciliation reports.
- Monitor customer credit limits and recommend credit holds where appropriate.
- Coordinate with Finance, Sales, Customer Service, Payment Operations, and Banking partners to resolve account discrepancies.
- Assist with month-end and year-end close activities, including account reconciliations and reporting.
- Maintain audit-ready documentation and ensure compliance with company policies and accounting standards.
- Identify and implement process improvements to enhance reconciliation accuracy and operational efficiency.
- Bachelor's degree in Commerce, Accounting, Finance, or a related field.
- 2–5 years of experience in Accounts Receivable, Financial Reconciliations, or Finance Operations.
- Strong understanding of accounting principles and Accounts Receivable processes.
- Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or NetSuite.
- Advanced proficiency in Microsoft Excel (Pivot Tables, XLOOKUP/VLOOKUP, formulas, and reporting).
- Strong analytical, problem-solving, and communication skills.
- High attention to detail and accuracy.
- Experience in a shared services or global finance environment.
- Knowledge of Sales Tax/GST/VAT compliance and reconciliation.
- Experience with merchant reconciliations, payment gateways, chargeback management, and refund processing.
- Exposure to Power BI, Power Query, Power Automate, or similar automation tools.
- CA Inter, CMA, CPA, or ACCA certification (preferred but not mandatory).
- Accounts Receivable Management
- Customer & Account Reconciliation
- Merchant & Bank Reconciliation
- Chargeback & Refund Analysis
- Sales Tax Reconciliation
- Financial Reporting & Analysis
- ERP Systems (SAP, Oracle, Microsoft Dynamics, NetSuite)
- Advanced Microsoft Excel
- Problem Solving & Analytical Thinking
- Stakeholder Management
- Attention to Detail
- Process Improvement
