About Snapmint
Snapmint is a leading fintech company redefining access to consumer credit in India. With over 10 million customers across 2,200+ cities, our zero-cost EMI platform enables responsible purchases without the need for a credit card across categories like fashion, electronics, and lifestyle.
India has over 300 million credit-eligible consumers, yet fewer than 35 million actively use credit cards. Snapmint addresses this gap by offering a trusted, transparent alternative grounded in financial inclusion and ethical lending practices.
Founded in 2017, Snapmint is a profitable, high-growth company doubling year-on-year. Our founding team, alumni of IIT Bombay and ISB, brings deep experience from companies like Oyo, Swiggy, Maruti Suzuki, and has successfully built and exited ventures in ad-tech, patent analytics, and bank-tech. We are building the future of responsible consumer finance, simple, transparent, and customer-first.
Role Overview
Senior Systems Analyst
bridge between Technology, Finance, and Operations
loan activation, cancellation, refund, and closure
Key Responsibilities
1. Financial System Analysis & Data Mapping
- Analyze end-to-end data flow between
LMS, LOS, payment gateways, banking systems, and GL
. - Define and maintain
accounting and GL mappings
for: - Disbursement, repayment, prepayment
- Interest, subvention, fees, penalties, reversals
Full and partial loan cancellations
— ensuring correct handling of disbursed vs. undisbursed amounts, fee reversals, and settlement logic- Document all
financial event triggers
and their impact on ledgers during the loan lifecycle, including refunds, reversals, and cancellations
. - Collaborate with Finance to identify and correct
accounting mismatches
or breaks.
2. Reconciliation Framework Design
- Design and manage
daily and periodic reconciliations
between LMS, bank statements, and GL. - Build reconciliation logic to match transactions using loan IDs, UTRs, payment references, and reversal identifiers.
- Establish
reconciliation rules
for: - Timing differences
Partial cancellations (where disbursement or EMI has occurred)
Full cancellations (before or after disbursement)
- Refunds, charge reversals, and write-offs
- Partner with Tech and Data teams to automate reconciliations through
ETL pipelines, DWH jobs, or reconciliation tools
, and ensure exceptions are tracked and resolved.
3. FinOps Automation & Control
- Identify and implement automation opportunities for
financial event posting
, reconciliation, and reporting. - Support development of
APIs or jobs for real-time posting
of loan-related accounting events (disbursement, refund, cancellation, etc.) from LMS to GL. - Ensure
partial and full cancellations
automatically trigger: - Fee reversals (processing, documentation, subvention, etc.)
- Interest adjustments (if disbursed EMIs exist)
- Bank refund workflows where applicable
- Collaborate with Finance Ops to build
dashboards and exception reports
showing cancellation impacts on accounting and reconciliation.
4. Accounting Governance & Audit Readiness
- Maintain comprehensive documentation of
transaction posting logic, reconciliation rules, and exception handling
, including cancellation flow coverage. - Ensure all
cancellation and refund transactions
are audit-traceable from source (LMS/LOS) to ledger. - Work closely with Finance and Compliance to ensure alignment with
RBI/NBFC accounting and refund norms
. - Support
month-end closing
and audit reviews
by validating that partial/full cancellations and reversals are reflected accurately in financial books.
5. Cross-Functional Collaboration
- Collaborate with
Finance Ops, Tech, Product, and Collections
teams to ensure consistent accounting logic and correct posting of cancellations and reversals. - Translate complex
FinOps and accounting rules
into system and data specifications. - Coordinate with
Merchant Settlement, Credit Ops, and Collections
to align refund and cancellation handling across systems.
6. Continuous Improvement & Documentation
- Maintain detailed documentation —
functional specs, API contracts, flow diagrams, and SOPs
— for all financial and cancellation processes. - Proactively identify opportunities for
process automation, exception minimization, and control enhancement
in cancellation and reconciliation flows. - Partner with Data and Finance teams to improve
GL accuracy, MIS reporting, and traceability
of cancellation events.
Required Skills & Experience
7+ years
of experience as a Systems Analyst, Business Analyst, or Functional Consultant in FinOps, Lending, or Banking Systems
.- Strong understanding of
loan lifecycle management
- Hands-on experience with
LMS platforms
- Proven expertise in
reconciliation processes
between LMS, bank, and GL systems. - Proficiency in
SQL
for transaction tracing, validation, and audit support. - Excellent documentation, analytical, and stakeholder coordination skills.
- Familiarity with
Agile product delivery
and tools like Jira, Confluence, Swagger, and Postman
Preferred Qualifications
- Experience with
FinOps automation
, reconciliation tools
, or accounting integrations
. - Understanding of
RBI Digital Lending Guidelines
, data privacy, and NBFC audit standards
Key Performance Indicators (KPIs)
- Accuracy of
cancellation and reversal accounting
between LMS and GL. - Reduction in
reconciliation breaks
and manual journal entries
. - Improved
automation coverage
for FinOps flows. - Audit success rate and SLA adherence for issue resolution.
- Stakeholder satisfaction across
Finance, Tech, and Compliance
.
Success Traits
- Strong financial process understanding with end-to-end system thinking.
- Detail-oriented with a control mindset.
- Excellent cross-functional communicator (Finance Tech Ops).
- Proactive in identifying reconciliation and accounting risks early.
- Comfortable working in
high-velocity, regulated fintech environments
Location: Mumbai
