Job Description / Skills Required
Requisition ID: R15630
Based in London and operating in major regions globally, we are a local e-commerce marketplace where people discover and save on amazing things to do, see, eat and buy in their neighbourhoods. We're enabling real-time commerce across local businesses, travel destinations, consumer products, and live events. At the same time, we provide merchants with the resources and tools to grow and manage their businesses. Culturally, we believe that great people make great companies and that starting with the customer and working backward moves us forward.
Groupon is seeking a strong Commercial Finance leader for its EMEA Goods organization. Goods is Groupon’s second largest segment and generates $700M of Billings and $100M of Gross Profit annually across EMEA.
This is a high impact commercially focused finance role, reporting directly to the EMEA CFO and partnering closely with the VP of Goods, build and execute on Groupon’s strategy in EMEA. This is not a typical back office position. We are looking for a data-centric individual with bar raising intellect, someone who can operate with autonomy and who has demonstrated a proven ability to lead via influence and deliver business results.
This role is based in London and will be responsible for leading a team of 4 commercial finance employees which are also located in the London office. In addition to managing a centralised team, the role will require extensive collaboration with Chicago (Groupon’s HQ) and with the finance teams of other centralized functions such as FP&A, Accounting, Marketing and Technology.
Full ownership of the EMEA Goods P&L – from Billings to Gross Profit to Direct Sales Opex
Responsible for delivering value added analytical support to the VP of Goods and other senior executives across Groupon – helping drive actions through analysis, communication and persistence
Provide understanding of key cost and expense drivers in order to challenge and influence commercial decisions taken to improve performance
Evaluate supply chain strategy and logistics investment opportunities. Offer financial expertise, including robust challenge, to ensure stretching but deliverable investment cases are presented for signoff
Lead monthly/quarterly/annual planning cycles and the month close accounting variance analysis
Deal margin & pricing – analyze the way deals are structured, priced and merchandized. How do we improve the science behind deal structure to better maximize value for both merchant and consumer, while also continuing to build a sustainable business for Groupon
Partner with marketing to develop a deep understanding of customer cohorts the purchase conversion funnel and purchase frequency. Benchmark countries, product categories, business segment, etc. Quantify where visitors are falling out funnel, identify input drivers and drive actions that fix root issues and unlock value
Sales staffing optimization – build complex models to improve efficiency of our 300+ person sales organization
Eliminate finance process redundancy. Stand up repeatable and scalable solutions which enable controllership while also shifting the balance of your team’s time towards value added support and away from driving core processes
Bring a strategic mindset toward discovering opportunities and identifying recommendations to enhance finance and business processes
Lead and motivate a high performing team
Bachelor's degree in Business, Finance, Economics or other related field
10+ years of Finance experience in a variety of managerial roles, ideally with both large cap and high growth businesses
Significant experience in building processes, with a clear bias to building new vs. optimizing existing
Proven ability to lead via influence vs. positional authority
Demonstrated strength of will, able to bring order and structure
Retail (ecommerce ideally) and supply chain experience
Strong leadership, communication and relationship building skills, with the ability to interpret and summarize complex data to help achieve strategic and operational goals
Results oriented and able to roll-up the sleeves in order to accomplish necessary tasks
Superior intellect and the executive presence to become a true business partner – someone who is capable of contributing to broader business conversations beyond their functional expertise
Comfortable with a fast-paced, always-on, start-up environment
Must have strong business judgment and excellent project management skills
High detail and process-oriented, data-driven with strong analytical abilities
Willingness and ability to travel when appropriate
Groupon provides a global marketplace where people can buy just about anything, anywhere, anytime. We’re enabling real-time commerce across an expanding range of categories including local businesses, travel destinations, consumer products, and live or lively events. At the same time, we are providing advertising options and tools that merchants can use to grow and manage their businesses. Culturally, we believe that great people make great companies and that starting with the customer and working backward moves us forward. Community matters to us on an internal, local and global scale—it’s fundamental to our company’s growth and to the well-being of the world at large. We also value self-awareness, candor, lunch and WiFi. If we match with you, please apply to join us.