---
title: 'Finance Associate - AR at Nivoda'
canonical: 'https://feeny.ai/job/finance-associate-ar-nivoda-mumbai-rctafyfhwzg6'
type: 'job'
last_seen: '2026-10-30'
---

# Finance Associate - AR at Nivoda

- **Company:** Nivoda
- **Location:** Mumbai, India
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-10-29
- **Last confirmed live:** 2026-10-30
- **Apply:** https://jobs.ashbyhq.com/nivoda/6a29d092-7edf-421a-af0d-2dcda384f24e

## Job description

Position Title: Finance Associate – Accounts Receivable Department: Financial Operations Location: Mumbai, India Reporting To: Manager - Accounts Receivable Working Hours: 10:00 AM IST - 7:00 PM IST Work Days: Monday to Saturday

## About the Role

We are looking for a highly motivated and detail-oriented Finance Associate (Accounts Receivable) to join our Financial Operations team on a 1-year contract. This role offers the unique opportunity to work with our global AR processes, supporting payment reconciliation across 9 international regions, including EMEA and APAC. You will work closely with the AR team to ensure accurate and timely reconciliation of customer payments in NetSuite, supporting a high-growth, cross-border business.

## Key Responsibilities

- Reconcile customer payments received across global bank accounts with invoices in NetSuite, ensuring accuracy and timely posting.
- Handle regional nuances in payment formats and clearing processes across EMEA, APAC, and other global markets.
- Investigate and resolve discrepancies related to payment allocation, duplicate payments, or missing remittances.
- Collaborate with Customer Support and AR team to maintain up-to-date records and resolve customer payment queries.
- Ensure clean audit trails and documentation for all reconciliations.
- Support month-end close activities by ensuring all payments are posted and reconciled on time.

## Requirements

- Bachelor’s degree in Finance, Accounting, or a related field.
- Fresher or 1-2 years of experience in AR, or financial operations preferred.
- Familiarity with NetSuite or other ERP systems is a plus.
- Strong attention to detail and a structured approach to reconciliation tasks.
- Comfortable working in a late shift to align with global time zones.
- Proficient in Excel and other reporting tools.
- Good communication skills and a proactive attitude.

Why Join Us (for a contract role)?

- Hands-on experience in global AR operations and reconciliation workflows.
- Exposure to high-volume financial systems and tools, particularly NetSuite.
- Opportunity to learn AR best practices across multiple currencies, payment methods, and global markets.
- Work closely with a collaborative and fast-paced Finops team.

## About Nivoda

## Company Overview
- **One-liner**: Nivoda provides a B2B platform that connects jewelers with the world’s largest range of diamonds, gemstones, melee, and finished jewelry, offering inventory-free sourcing, logistics, and credit.
- **Entity Type**: Private (Series C, $92M total funding)
- **Headquarters**: London, United Kingdom
- **Founded**: 2017
- **Founders**: Andre Woons (Co‑founder & CIO); other founders not publicly disclosed

## Core Business
- **Primary industry**: Wholesale Luxury Goods and Jewelry / B2B Diamond & Gemstone Marketplace
- **Target customers**: Jewelers, retailers, and jewellery businesses (B2B, SMB to Enterprise)
- **Mission statement**: “Make global jewellery trade simple and accessible by empowering our partners with an all‑in‑one solution to run and grow their businesses.”

## Products & Services
- **[Virtual Showroom]**: In‑store tool enabling retailers to showcase any diamond or gemstone from Nivoda’s inventory via 360° videos – zero inventory risk, instant quoting.
- **[Online Diamond & Gemstone Feeds]**: API‑powered feed that lets retailers display Nivoda’s collection on their own website with full control over quality, size, and automated ordering.
- **[Melee & Finished Jewelry]**: A broad offering of melee stones in all sizes and colors, plus made‑to‑order finished jewelry.
- **[Nivoda Capital]**: A credit facility that provides flexible payment terms to qualified jewelers.
- **[Logistics & Quality Control]**: Express delivery options, consolidated shipping, risk‑free returns, and quality‑control management handled by Nivoda.

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed.
- **Key Metric**:
  - Total Funding: **$92M** (across rounds)
  - Annual Revenue (LinkedIn estimated): **$1M** (likely an undercount; actual revenue not publicly available)
- **Notable Investors/Partners**:
  - Series C (Nov 2024): **Northzone** (lead), $51M
  - Series B (May 2024): **Avenir** (lead), $30M
  - Series A (May 2023): **Headline** (lead), $11M
- **Growth Signals**:
  - 10,000+ jewelers using the platform
  - Operates in 20+ countries (offices in London, Mumbai, New York, Amsterdam, Hong Kong, Barcelona)
  - Headcount: 327 employees (‑0.5% YoY)
  - Inventory: 2M natural and lab‑grown diamonds, 40+ gemstone varieties
  - Recent expansion into gemstones (June 2023) and finished jewelry

## Competitive Advantages
- **Massive inventory with zero risk**: Retailers can sell from Nivoda’s catalogue without holding stock; the platform handles sourcing, logistics, and returns.
- **Integrated technology**: In‑store virtual showroom and API‑driven website feeds reduce operational burden for jewelers.
- **Flexible credit**: Proprietary credit facility (Nivoda Capital) lowers barriers for smaller retailers.
- **Global logistics network**: Express delivery across US, Canada, and Europe, with consolidated shipping and invoicing.
- **Customer‑centric philosophy**: 24/7 support, dedicated account teams, and “customer first” core value.

## Strategic Focus
- Continue geographic expansion (new markets in Asia‑Pacific, Europe, and the Americas).
- Deepen product lines by adding more gemstone varieties, melee, and custom jewelry.
- Scale the credit facility to attract larger retailers and increase order sizes.
- Strengthen data‑driven tools (e.g., pricing intelligence, demand forecasting) to help jewelers maximise margins.

## Why Work Here
- **Culture & Values**: “We always start with the customer,” “We take 100% responsibility,” “We make big & bold moves.” Emphasis on collaboration, transparency, and long‑term thinking.
- **Work Model**: Varies by role – some positions are in‑office, some hybrid, and some remote (e.g., Senior Fulfilment Executive is remote; Salesforce Developer is in‑office). Offices in London, Mumbai, New York, Barcelona, and Melbourne.
- **Global Team**: 327 employees from diverse backgrounds across 20+ countries; strong presence in India (40% of workforce), UK, South Africa, Spain, and US.
- **Notable Perks**:
  - 24/7 customer support for internal teams as well
  - Career development opportunities in a fast‑growing scale‑up
  - Employee rating: 3.1/5 on LinkedIn (101 reviews), with work‑life balance 3.4, compensation 3.2, culture 3.1 – indicates areas for improvement but also a passionate, mission‑driven environment
- **Engineering & Product Culture**: CPO James Morgan highlights solving novel problems; technical teams (74 employees) work on high‑scale marketplace, API, and fintech challenges.

## Sources
1. [nivoda.com – Home](https://nivoda.com/)
2. [nivoda.com – Careers](https://nivoda.com/careers)
3. [nivoda.com – About](https://nivoda.com/about)
4. [LinkedIn – Nivoda Company Page](https://www.linkedin.com/company/nivoda)
5. [Built In – Nivoda Careers, Perks + Culture](https://builtin.com/company/nivoda)

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