Steve – Finance Manager in London

Steve – Finance Manager in London

STEVE

Finance Manager
London
Joined: 2012

Last year, a few members of our Chicago-based Finance team had the chance to relocate to London in order to establish a center of operations for international finance. Steve was one of those lucky Finance Managers who made the move, bringing his expert karaoke skills across the pond to Groupon’s London office.

So tell us about your job! What do you do every day? What do you love about it?

I work in the Financial Planning and Analysis organization, which forecasts our performance and helps communicate our results to senior leadership.  We’re responsible for all countries outside of North America. It’s very interesting to interact with the folks who are running the business day-to-day and to see their perspective on what makes their business tick. Learning happens on both sides of the table. The exposure is great as we have meetings with everyone up to the CEO.

What’s your favorite Groupon memory?

We had a mariachi band come to the office one day to play for us. They were fantastic; it’s the kind of randomness that makes working at Groupon fun and unique.

Who or what inspires you?

I’m inspired by the hard work of the team that reports to me. They have incredible drive, passion, and dedication to moving the ball forward on new projects and making us work smarter every day.

What was your first impression of Groupon?

I was really impressed with how passionate everyone was; my team’s function was relatively new when I joined, and everyone was excited to establish what our focus should be and how we could push forward our team’s mission. I think that kind of “blank slate” made the first few months—which are normally stressful or slow in a new job—super fun and engaging.

How does your work impact Groupon’s mission of building the daily habit in local commerce?

My team’s work is used by the leadership as a source of truth to help them understand how their decisions are shaping the results of the business. The finance team is always working to understand how customer behaviour is reacting to a change in how we operate or a new product we offer.

What’s been the most challenging thing you’ve worked on in your time here?

I think taking over the international FP&A team earlier this year was the biggest challenge. I had never done FP&A before, and the team was also relatively new to the business. We also need to work across a few different time zones, as my manager is in Chicago and we also look after Japan and Australia.

Your role exists in other companies, so what makes your job at Groupon unique?

For me, it’s always been the great way that finance works day-to-day with the leadership teams operating the business; we aren’t in our own silo but instead part of the greater team. This leads to great opportunities to get your thoughts heard and to help with key decisions.

What’s your biggest accomplishment while working here?

18 months ago, a group of us from the Chicago office relocated to London to help establish a centre of operations for the international finance team. We were able to transfer some of the knowledge and process we established in North America’s business, as well as learn a whole lot from the business leaders in our EMEA and APAC businesses. I think it was a great success and we’ve been able to build a stronger global team from the project.

What do your parents think you do?

I’m not sure, but I hope they think I operate a giant coupon printing press, monitoring ink levels and stressing out about card stock quality…

What’d you do before Groupon and how’d you get here?

I was in investment banking prior to joining Groupon. Investment banking was super presentation-oriented as opposed to a ton of analysis, which was the piece I was more interested in. I wanted to work in a more casual and fast-paced environment, so I was drawn to Tech. I actually just applied straight through the website and got a response the very same day! I remember being the most formally-dressed person in the building when I came in for my interview and was surprised to find that a lot of the other people I interviewed with had similar backgrounds to mine. They came from more traditional finance roles and then switched over to the tech industry.

If you could do another job for a day, what would it be and why?

Maybe a head chef? I love food and wish I was better at making some for myself!

What’s your favorite local business?

It has to be “The Orange Buffalo.” It’s a Buffalo wing food truck in the Shoreditch neighborhood of London, and it reminds us of home!

Tell us something that might surprise us about you.

I am the finest karaoke performer on my team.

What are you up to when you’re not at work?

I love to travel; I just reached 33 countries the other day. Living over here has opened up the door to a ton of cheap flights to great places. Since moving here I’ve traveled to France, Ireland, Poland, the Netherlands, Poland, Morocco, Japan… the list goes on!

Groupon World Headquarters

Ricardo Rehkopf – Director of Global Payroll & Shared Services in London

Ricardo Rehkopf – Director of Global Payroll & Shared Services in London

RICARDO REHKOPF

Director of Global Payroll & Shared Services
London, UK
Joined: 2013

We had no idea Ricardo was such a big deal in the payroll world. He has been featured in Payroll World Magazine where he talked about how Groupon manages global payroll and compliance. Today, he’s on the blog talking about his global team and his love for travel and cooking.

How does your role impact Groupon’s mission of building the local habit in local commerce?

The work that my team and I do globally—essentially making sure that all employees and vendors get paid accurately and on time—contributes substantially to satisfaction, motivates productivity levels across the entire business, and thus helps Groupon better achieve its overarching business objectives.

What’s your biggest Groupon accomplishment?

I’m very proud that my team and I were able to standardise and centralise all of Groupon’s payroll processes, covering all countries in all their legal, financial, procedural, and organisational complexities paving the way to effectively utilise one single system. I am also very proud to have done the same for our AP Shared services in India. They’re a fabulous team to have and are now processing all international AP and employee expenses for EMEA & APAC.

What’s your favorite Groupon memory?

This past summer, we went on a treasure hunt to discover London around our office. Looking for clues, finding the treasure, and having a few drinks along the way was a lot of fun!

Who or what inspires you?

My friends and family inspire me, as well as some famous entrepreneurs and writers, like Richard Branson and Paulo Coelho.

So what’s your job like? What do you love about it?

I work in the Payroll department and International Trade AP Shared Services, managing all of our countries around the world. I make sure all payroll processes are in place and that we all get paid accurately and on time. I have a team helping me with the payroll operations based in Bangalore, Milan, London, Paris, and Dublin, and my team in the International Trade AP Shared Services sits in Bangalore.

I’m based in London and I travel to all the different locations where my teams are, I also travel to Chicago where my manager is: Jenni Weinacht. I love my job because it is fun, every day is different, I like the different cultures and diversity I work with, and my team is so great to work with.

Working at Groupon has provided me with exposure to a great deal of network outside and inside Groupon and learning experience in the e-commerce industry. I’ve been a panelist to a few payroll events and seminars in the payroll world and I’ve also featured in the Payroll World Magazine in May last year.

What do your parents think you do?

They think I’m a lawyer…

So what’d you do before Groupon and what brought you here?

I am a true payroll veteran with more than 20 years under my belt having worked for different organisations in North America and Europe. I focus on strategic payroll issues and efficiency gains in global payroll and payroll/HR software systems. Prior to Groupon, I worked for Thomson Reuters, Avid Technology, Celergo in the UK, and CPEhr out of California.

As a payroll veteran, what makes Groupon a unique place to work?

Groupon is simply a cool and flexible place to work. The people make all the difference and that is where Groupon differentiates itself as an organisation. There are so many great people working here who are intrinsically motivated and dedicated to being successful. Personally, I truly enjoy the freedom of applying my skills in creative ways.

If you could have any other job for a day, what would it be and why?

I’d love to be a restaurant chef at a Michelin star restaurant. I have a great passion for cooking and experiencing beautiful food in a social setting.

What’s your favorite local business?

NOPI, an Ottolenghi restaurant in Central London.

What’s the most challenging thing you’ve worked on here?

The most challenging part of my work since being at Groupon was transitioning all countries to a single payroll provider as well as supporting the HR team in implementing a new HR system. Nevertheless, it was great fun doing so.

Where can we find you outside of work?

I love spending time with my partner traveling different countries and places. My favourite pastime is cooking and dining out, and spending time with friends. I also like playing paddle tennis and doing yoga, and during the winter season, I enjoy skiing.

What’s your favorite office view?

London Office