[CFS] Principal, Financial Planning & Analysis (Packaging Finance)

Department: zz-Evergreen Requisition

Company Introduction 

We exist to wow our customers. We know we’re doing the right thing when we hear our customers say, “How did we ever live without Coupang?” Born out of an obsession to make shopping, eating, and living easier than ever, we’re collectively disrupting the multi-billion-dollar e-commerce industry from the ground up. We are one of the fastest-growing e-commerce companies that established an unparalleled reputation for being a dominant and reliable force in South Korean commerce. 

We are proud to have the best of both worlds — a startup culture with the resources of a large global public company. This fuels us to continue our growth and launch new services at the speed we have been at since our inception. We are all entrepreneurial surrounded by opportunities to drive new initiatives and innovations. At our core, we are bold and ambitious people that like to get our hands dirty and make a hands-on impact. At Coupang Fulfillment Services (CFS), you will see yourself, your colleagues, your team, and the company grow every day.  

Our mission to build the future of commerce is real. We push the boundaries of what’s possible to solve problems and break traditional tradeoffs. Join CFS now to create an epic experience in this always-on, high-tech, and hyper-connected world. 

Coupang boasts an extensive network of its own logistics centers, capable of accommodating millions of items. With a presence across over 100 locations in 30 cities nationwide, our facilities cover an impressive 4.7 million square meters. As a subsidiary of Coupang, CFS (Coupang Fulfillment Services), oversees the operation of Coupang’s fulfillment centers. Its innovative system has paved the way for Coupang’s next-day delivery service, ‘Rocket Delivery,’ and is consistently expediting the processing of customer orders.

Role Overview

This role is responsible for financial reporting and planning & analysis for Global operation Packaging costs. It is recommended for the candidate who has intermediate accounting knowledge and experience to work with multiple stakeholders. The candidate must possess grit and be detailed oriented. The role is focused on financial modelling, budget control, and reporting with a key emphasis on supporting cross functional business partners.

Key Responsibilities

The role is in Packaging Finance team who supports Coupang's overall Packaging cost agenda.

1. Financial reporting, planning and analysis

• Rolling forecast, weekly/monthly/quarterly/monthly view update.
• Actual performance vs target variance analysis with bridge
• Official communication with group central finance and accounting and facilitating the discussion in a central.
• Provide business visibility to leadership and business partners

2. Budget Cost Control

• Consolidating PL overview from multi stakeholders over the entities
• Budget review
• ROI analysis on investment

3. Ensure correct accounting

• Intercompany transactions, and settlement correctness

4. Ensure compliance to SOX controls, and improve existing systems - PowerBI, SAP, etc.

Basic Qualifications

• Bachelor’s degree in Finance, Economics, Business, or a related field
• A minimum of 5 years+ of relevant experience in financial planning and analysis in a fast-paced technology oriented organization.
• Experience in leading and developing new financial processes, models and tools.
• Excellent communication skills and ability to partner with non-finance leaders.
• Strong MS-Office skills (Excel, Word, Access, PowerPoint).
• Expertise in financial modeling and data analysis.
• Strong analytical thinking. Be able to start with problem statement, ask 5 Whys and arrive at data backed solutions
• Fluency in English

Preferred Qualifications

• Chartered Accountant/CPA/CMA
• Experience working in Manufacturing companies

Recruitment Process and Others  

Recruitment Process  

• Application Review - Phone Interview - Onsite (or Virtual Onsite) Interview – Offer  
• The exact nature of the recruitment process may vary according to the specific job and may be changed due to scheduling or other circumstances.  
• Interview schedules and the results will be informed to the applicant via the e-mail address submitted at the application stage. 

Details to Consider  

• The employment type of this position is regular including 12 weeks probationary period.
• This job posting may be closed prior to the stated end date for application if all openings are filled.     
• Coupang has the right to rescind an offer of employment if a candidate is found to have submitted false information as part of the application process.     
• Those eligible for employment protection (recipients of veteran’s benefits, the disabled, etc.) may receive preferential treatment for employment in accordance with applicable laws.
• Job titles and responsibilities may be subject to change depending on the candidate’s overall experience, etc. This will be communicated to the candidate at the appropriate time before the offer.  

Privacy Notice  

• Your personal information will be collected and managed by Coupang as stated in the Application Privacy Notice located below.  https://www.coupang.jobs/en/privacy-policy/ 

 Document Return Policy

• This notification is given pursuant to Article 11 (6) of the Fair Hiring Procedure Act.   
• A job applicant, who has applied but not been finally selected for a position at Coupang (the “Company”), may request the Company to return his/her hiring documents submitted pursuant to the Fair Hiring Procedure Act.  However, this will not apply where the hiring documents were submitted via the website of the Company or e-mail, or where the job applicant submitted those documents voluntarily without a request from the Company.  In addition, if the hiring documents were destroyed due to a natural disaster or any other reasons not attributable to the Company, such documents will be deemed to have been returned to the job applicant.  
• A job applicant who wishes to request the return of his/her hiring documents pursuant to the main sentence of paragraph 2 above should fill out a “Request for Return of Hiring Documents” [Annex Form No. 3 in the Enforcement Rule of the Fair Hiring Procedure Act] and submit the request to the Company (Coupang Recruiting Team, Tower 730, 570 Songpa-daero, Songpa-gu, Seoul). In such case, within fourteen (14) days from the date of identifying the receipt of the request, the Company will send the hiring documents to the job applicant’s designated address via registered mail.  Please be informed that the job applicant is required to pay the postage on the registered mail.  
• In preparation for a job applicant’s request for the return of hiring documents pursuant to the main sentence of paragraph 2 above, the Company shall retain the original hiring documents submitted by the job applicant for 180 days from the completion of the recruiting process.  If no request is made until the end of this period, all of his/her hiring documents will be destroyed immediately in accordance with the Personal Information Protection Act.
• Hiring may be restricted in case the legal qualifications required for hiring and work performance are not met.