▷ 15h Left: Associate Manager
8 hours ago
About PhonePe Group PhonePe is India s leading digital payments company with 50 crore 500 Million registered users and 3 7 crore 37 Million merchants covering over 99 of the postal codes across India On the back of its leadership in digital payments PhonePe has expanded into financial services Insurance Mutual Funds Stock Broking and Lending as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India s first localized App Store The PhonePe Group is a portfolio of businesses aligned with the company s vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services Culture At PhonePe we take extra care to make sure you give your best at work Everyday And creating the right environment for you is just one of the things we do We empower people and trust them to do the right thing Here you own your work from start to finish right from day one Being enthusiastic about tech is a big part of being at PhonePe If you like building technology that impacts millions ideating with some of the best minds in the country and executing on your dreams with purpose and speed join us Key Responsibilities 1 Financial Operations Accounts Receivable o Oversee end-to-end accounts receivable AR processes including invoicing collections and reconciliation ensuring timely and accurate processing o Monitor AR aging reports and work to minimize DSO Days Sales Outstanding by optimizing the collection processes o Maintain effective credit assessments and support strong client relationships to ensure prompt payments and effective dispute resolution o Monitor and perform reconciliations for settlements on a daily basis 2 Revenue Reconciliations o Prepare monthly reconciliations and resolve discrepancies between billing and revenue records o Develop analyze and present revenue and AR reports providing actionable insights into trends variances and financial risks 3 Revenue Automation Process Improvement o Lead revenue automation initiatives identifying opportunities to streamline billing invoicing and AR processes o Collaborate with IT and other departments both internal and external to implement tools and systems to automate and enhance revenue workflows o Drive process improvement initiatives that ensure scalability accuracy and efficiency in revenue recognition and accounts receivable functions 4 Cross-Functional Collaboration o Work closely with internal departments as well as with insurers to support accurate revenue reconciliations 5 Reporting Analysis o Develop and maintain KPIs for AR revenue and automation effectiveness providing insights to senior management o Monitor financial performance identify opportunities for improvement and recommend strategies to optimize revenue and AR efficiency o Deliver regular financial reports on revenue AR aging and automation impact summarizing findings and recommendations Qualifications Education Bachelor s degree in Finance CA intermediate Preferred Accounting Business Administration or a related field advanced degree MBA MFin preferred Experience 5 years of experience in financial operations with expertise in accounts receivable revenue recognition and automation processes Skills o Experience with financial ERP systems automation tools and proficiency in Excel o Strong communication skills with the ability to work collaboratively across functions PhonePe Full Time Employee Benefits Not applicable for Intern or Contract Roles Insurance Benefits - Medical Insurance Critical Illness Insurance Accidental Insurance Life Insurance Wellness Program - Employee Assistance Program Onsite Medical Center Emergency Support System Parental Support - Maternity Benefit Paternity Benefit Program Adoption Assistance Program Day-care Support Program Mobility Benefits - Relocation benefits Transfer Support Policy Travel Policy Retirement Benefits - Employee PF Contribution Flexible PF Contribution Gratuity NPS Leave Encashment Other Benefits - Higher Education Assistance Car Lease Salary Advance Policy Working at PhonePe is a rewarding experience Great people a work environment that thrives on creativity the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us Read more about PhonePe
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