Senior Manager

Razorpay was founded by Shashank Kumar and Harshil Mathur in 2014. Razorpay is building a new-age digital banking hub (Neobank) for businesses in India with the mission is to enable frictionless banking and payments experiences for businesses of all shapes and sizes. What started as a B2B payments company is processing billions of dollars of payments for lakhs of businesses across India. 

We are a full-stack financial services organisation, committed to helping Indian businesses with comprehensive and innovative payment and business banking solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business. Over the past year, we've disbursed loans worth millions of dollars in loans to thousands of businesses. In parallel, Razorpay is reimagining how businesses manage money by simplifying business banking (via Razorpay X) and enabling capital availability for businesses (via Razorpay Capital). 

Job Title: Senior Manager - Finance 
Location: Bangalore
Department: Finance
Reports to: Associate Director - Finance

Job Overview

We are seeking a highly motivated and experienced Senior Manager of Controllership to lead our core finance. The ideal candidate is a seasoned professional with a strong background in accounting, financial reporting, and people management. This is a critical role that requires a blend of technical expertise, strategic thinking, and collaborative skills to drive the financial success of our business units.

The ideal candidate brings knowledge of IFRS, experience working with Big-4 audit firms, and a strong background in general ledger controllership and process optimization, especially related to POS device management and control enhancements.

Key Responsibilities
Financial Leadership & Controllership

• Serve as the General Ledger (GL) Controller for the Point-of-Sale (POS) business, ensuring the accuracy, integrity, and timely completion of all financial records and reports.
• Act as the Finance Controller for the Digital Bills business, overseeing all areas of finance, including business team collaboration and strategic financial planning.
• Lead and manage the entire month-end and year-end close processes, ensuring compliance with all accounting standards and internal policies.

POS Device Management & Control Improvement

• Oversee financial management and tracking of POS devices, including reconciliation, asset tracking, and loss prevention.
• Design and implement control improvements around POS inventory, deployment, and maintenance.
• Drive initiatives to automate and streamline control processes for operational efficiency.

Operational & Strategic Finance

• Manage and optimize working capital, including cash flow forecasting, accounts receivable, and inventory management.
• Oversee the Accounts Payable function, ensuring timely and accurate payments and compliance with all related statutory regulations.
• Manage all company bank account balances, including reconciliation.
• Lead and execute critical finance projects, such as accounting for mergers & acquisitions, system migrations, and other key business initiatives.

Audit & Compliance

• Serve as the primary lead for all statutory audits, internal audits, and other external reviews for the POS & Bill-Me books.
• Ensure strict adherence to all statutory compliances related to finance, accounts payable, and other relevant areas.
• Maintain a comprehensive understanding of financial regulations and reporting requirements, ensuring the company's full compliance.

Team & People Management

• Lead, mentor, and develop a high-performing team of 5-6 finance professionals.
• Foster a culture of accountability, continuous improvement, and professional growth within the team.
• Manage performance reviews, provide constructive feedback, and support career development for all direct reports.

Cross-Functional Collaboration

• Collaborate closely with business unit leaders and other department heads to provide financial insights, support strategic decision-making, and achieve business objectives.
• Partner with technology teams on system enhancements and data integrity, particularly with knowledge of SAP HANA.

Qualifications

• Chartered Accountant (CA) with 8 or more years of post qualification work experience in finance and accounting.
• Proven experience in a controllership or similar senior finance leadership role, with a strong emphasis on core finance.
• In-depth knowledge of International Financial Reporting Standards (IFRS) is highly desirable.
• Experience in the fintech sector is a significant plus.
• Proven people management experience, with the ability to lead, mentor, and develop a team.

Strong technical accounting skills with a comprehensive understanding of GL operations, month-end close, and financial reporting.

Razorpay believes in and follows an equal employment opportunity policy that doesn't discriminate on gender, religion, sexual orientation, colour, nationality, age, etc. We welcome interests and applications from all groups and communities across the globe.

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