Associate Director

6 days ago

Bengaluru, India Razorpay Full time

Designation: Associate Director - Finance

Location : Bengaluru (On-site)

Reporting to : Head of Core Finance (POS, Engage & International Business)


Role Overview:


As an Associate Director - Finance , you will drive financial excellence by managing revenue controllership, automating financial processes, and fostering strong stakeholder relationships. This is a team leadership role, where you will manage a high-performing team of 6-7 finance professionals, including 2-3 Chartered Accountants, ensuring alignment with business goals for POS, Engage, and International verticals.


Key Responsibilities:


I. Stakeholder Management:


  • Partner with business leaders to align financial strategies with operational objectives. Assist in business decision making.
  • Act as a trusted advisor, providing insights through robust financial analysis and reporting.
  • Proactively engage with cross-functional teams to ensure seamless execution of financial plans.


II. Revenue Controllership :


  • Oversee revenue recognition processes, ensuring compliance with accounting standards (GAAP) and organizational policies.
  • Monitor and strengthen internal controls to mitigate risks and enhance financial accuracy.
  • Lead periodic reviews of financial performance and recommend improvement strategies.
  • Nodal and escrow related processes and accounting
  • Assist with process implementations, preparation, and adherence to key control activities.
  • Help in building a strong cost assurance function - analysis on direct costs and ascertain possible avenues for optimization of costs and work closely with the banking teams in driving negotiations for cost reduction


III. Process Automation :


  • Drive innovation by identifying and implementing automation tools to streamline revenue processes.
  • Enhance efficiency and accuracy in financial reporting through technology-driven solutions.


IV. Team Leadership :


  • Manage, mentor, and develop a team of 6-7 finance professionals, including Chartered Accountants.
  • Foster a collaborative and performance-driven culture within the team.
  • Set clear goals, provide regular feedback, and ensure continuous professional development.


Mandatory Qualifications:


  • Educational Background : Chartered Accountant (CA) with at least 10 years of relevant work experience.
  • Industry Knowledge : In-depth understanding of the digital payments business (online and offline channels).
  • Technical Expertise : Strong knowledge of GAAP and financial reporting standards.
  • Business Acumen : Prior experience in business-facing roles with demonstrated ability to influence and collaborate with senior stakeholders.
  • Leadership : Proven ability to manage and lead high-performing teams.


Preferred Skills:


  • Experience in a fintech or high-growth technology environment.
  • Proficiency in financial automation tools and ERP systems like SAP.

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