Senior Manager Finance

About the position

Position Title

Sr Manager - Finance

Location

Gurgaon

Business Unit

Finance

Function

Finance & Accounts

Reporting Manager

Finance Controller

Team Size

5

You can become a part of…

… a truly aspirational brand, one of India’s fastest growing fintech companies that offers a range of financial services & products for merchants, kirana store owners and end consumers. Valued at over $2.8 Bn within a short span of 3+ years, we focus on empowering small business owners and retailers with business ranging from QR & PoS payments to easy loans to high-yield investment products which in turn enables them to grow and transform. We understand that business and culture are two sides of the same coin. So, alongside business, we are equally focused on building a culture where employees succeed unconditionally.

We believe we are in an ever-evolving space with immense opportunity to build for Bharat! Our people will enable this journey with their ideas, innovations and capabilities. We value diversity, where we encourage different points of view, ways of thinking, new capabilities to strengthen and improve the lives of our customers. And that is not all, we have a lot of fun while we explore new ideas, solve real problems, collaborate, connect — and we do it all together.

“change the game”

In this role, you have the opportunity to…

• Lead the Accounts Receivable team and its accounting for Bharatpe and its subsidiaries – RIPL, RPPL and LSRPL
• Accounting of Customer Invoices, Receipt and Reconciliation of the revenue accounting
• Accounting of UPI, MDR and Devise cost including capitalization, impairment and reconciliation
• Close the books on a monthly/quarterly and annual basis
• Monitoring of Receivable ageing and dispute resolution
• Intercompany payments and reconciliation
• Work with Statutory and other auditors for seamless closure/finalization of year end books
• Address any ad-hoc requirements from multiple key internal stakeholders like Business, FinOps, Legal, Procurement and Tax team etc
• Drive automation in the payable domain to simplify the process
• Take lead in creating SOP for the process and review for improvement

Responsibilities will include…

Functional Expertise

• Prepare and review monthly revenue schedules for the revenue streams of BharatPe entities
• Checking and approving of vendor invoices in support with Agreement, PO and approvals
• Checking and approving of Customer invoices in support with Agreement, PO and approvals
• Revenue variance analysis and review on Provsions/accruals on monthly basis
• Review of debtors ageing, advance from Customer, advance to supplier and their reconciliation from debtors and creditors
• Close the books on monthly/quarterly and annual basis along with variance analysis
• SPOC for audit for your area of operation

Interaction

• Coordinate with Internal/External Auditors for respective areas
• Coordinate with Internal departments for invoice validation and processing
• Support to External/Internal teams to provide financial data requirements

Problem Solving

• Support in Finalization of books of accounts
• Identify and implement process improvements to streamline the function and improve efficiency

Impact

• Contribute to financial, process stability of the organization
• Maintain strong internal and external relationships and optimize payment terms

Challenges & Decisions

• Maintain high volume of invoices
• Meet TAT for Internal and Statutory Audit
• Allocate resources to meet booking and validation of invoices on time and meet payment processing/ receipt application timelines.

Qualification & Experience (type & industry)

• MBA Finance with 6+ years of post qualification experience
• 3+ years experience in Month end closing/Accounts Receivable processes
• Work experience in Fintech/Startups are preferred

Skills & know-how

• Team player with problem solving approach
• Experience of leading team of 5-6 people
• Good knowledge of MS Excel
• Possess strong understanding of Accounting principles and taxation

Behaviors

• Take ownership
• Ability to lead and influence at peer levels
• Ability to operate in challenging environment
• Positive communication and problem solving skills