Paytm Labs

Digital payments, loans, investments, and insurance

Manager Finance Controls & Governance

Internal Audit & ControlsConfirmed live in the last 24 hours

Full-timeMumbai, Maharashtra, IndiaNo salary listed

About the Job

Requirements

A Chartered Accountant (CA), Cost & Management Accountant (CMA), or MBA in Finance qualification.
Five to ten years of relevant experience in finance controls, internal controls, finance operations, audit, or ERP governance.
Experience in financial services, FinTech, broking, NBFC, or banking is preferred.
Candidates should be based in Mumbai or willing to relocate.

Responsibilities

Ensure adherence to approved Finance standard operating procedures (SOPs), policies, and internal control frameworks.
Monitor key financial processes to identify control gaps, risks, and improvement opportunities.
Conduct periodic control reviews and ensure timely implementation of corrective actions.
Drive process standardization, automation, and continuous improvement initiatives.
Strengthen governance practices to keep finance processes compliant, efficient, and audit-ready.
Oversee bank reconciliations, general ledger reconciliations, settlement accounts, and suspense accounts.
Monitor ageing of unreconciled items and ensure timely resolution of exceptions.
Investigate recurring reconciliation issues and implement preventive controls.
Prepare and publish periodic dashboards on reconciliation status, ageing, and control exceptions.
Monitor SAP financial controls, master data governance, and accounting configurations.
Review user access, segregation of duties (SoD), and maker-checker controls in collaboration with Technology teams.
Monitor system interfaces, manual journal entries, reversals, exception reports, and suspense accounts.
Participate in user acceptance testing (UAT) for ERP enhancements and system upgrades.
Ensure financial controls remain effective across SAP and other finance systems.
Perform periodic control testing and compliance reviews.
Support internal audits, statutory audits, and regulatory inspections by providing required documentation and audit evidence.
Track and ensure timely closure of audit observations and control deficiencies.
Escalate significant control breaches, operational risks, and compliance issues to management.
Maintain complete documentation and audit trails for key finance control activities.
Prepare Finance Control management information system (MIS) reports, governance reports, and management dashboards.
Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve finance control issues.
Support finance transformation initiatives by promoting automation and technology-driven controls.
Provide insights and recommendations to improve operational efficiency and strengthen the control environment.
Achieve full adherence to Finance SOPs and internal control processes.
Ensure timely completion of critical reconciliations and reduce ageing of outstanding items.
Close audit observations and control deficiencies within agreed timelines.
Maintain effective SAP access governance, segregation of duties, and system controls.
Drive automation initiatives to reduce manual interventions and improve operational efficiency.
Deliver accurate and timely Finance Control MIS with no material control failures.

Manager – Finance Controls & Governance

Location: Mumbai, India

Experience: 5–10 Years

Qualification: CA / CMA / MBA (Finance)

About the Role

We are looking for an experienced Finance professional to join our team as Manager – Finance Controls & Governance. This role is responsible for strengthening the Finance control environment by ensuring adherence to internal policies, monitoring financial and system controls, overseeing critical reconciliations, and driving governance across finance processes.

The ideal candidate will have strong expertise in financial controls, ERP governance, reconciliations, audit management, and process improvement, with the ability to collaborate across Finance, Technology, Compliance, and Operations teams.

Key Responsibilities-

1. Financial Controls & Governance

Ensure adherence to approved Finance SOPs, policies, and internal control frameworks.

Monitor key financial processes to identify control gaps, risks, and improvement opportunities.

Conduct periodic control reviews and ensure timely implementation of corrective actions.

Drive process standardization, automation, and continuous improvement initiatives.

Strengthen governance practices to ensure finance processes remain compliant, efficient, and audit-ready.

2. Reconciliations & Exception Management

Oversee critical reconciliations, including:

Bank Reconciliations

General Ledger (GL) Reconciliations

Settlement Accounts

Suspense Accounts

Monitor ageing of unreconciled items and ensure timely resolution of exceptions.

Investigate recurring reconciliation issues and implement preventive controls.

Prepare and publish periodic dashboards on reconciliation status, ageing, and control exceptions.

3. SAP & Financial Systems Controls

Monitor SAP financial controls, master data governance, and accounting configurations.

Review user access, Segregation of Duties (SoD), and maker-checker controls in collaboration with Technology teams.

Monitor system interfaces, manual journal entries, reversals, exception reports, and suspense accounts.

Participate in User Acceptance Testing (UAT) for ERP enhancements and system upgrades.

Ensure financial controls remain effective across SAP and other finance systems.

4. Audit, Compliance & Risk Management

Perform periodic control testing and compliance reviews.

Support Internal Audit, Statutory Audit, and Regulatory inspections by providing required documentation and audit evidence.

Track and ensure timely closure of audit observations and control deficiencies.

Escalate significant control breaches, operational risks, and compliance issues to management.

Maintain complete documentation and audit trails for all key finance control activities.

5. MIS & Cross-functional Collaboration

Prepare Finance Control MIS, governance reports, and management dashboards.

Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve finance control issues.

Support finance transformation initiatives by promoting automation and technology-driven controls.

Provide insights and recommendations to enhance operational efficiency and strengthen the overall control environment.

Candidate Profile:

- Education :

Chartered Accountant (CA)

Cost & Management Accountant (CMA)

MBA (Finance)

-Experience :

5–10 years of relevant experience in:

Finance Controls

Internal Controls

Finance Operations

Audit

ERP Governance

Experience in Financial Services, FinTech, Broking, NBFC, or Banking will be preferred.

-Success Measures:

The successful candidate will be expected to:

Achieve 100% adherence to Finance SOPs and internal control processes.

Ensure timely completion of critical reconciliations and reduce ageing of outstanding items.

Close audit observations and control deficiencies within agreed timelines.

Maintain effective SAP access governance, Segregation of Duties (SoD), and system controls.

Drive automation initiatives to reduce manual interventions and improve operational efficiency.

Deliver accurate and timely Finance Control MIS with zero material control failures.

Location -

Mumbai, India

Candidates based in Mumbai or willing to relocate are encouraged to apply.

Requirements at a Glance

Experience Level: Senior, Expert
Education: MBA

Benefits

Health & Wellbeing - Your group health benefits are 100% funded by us, and start on your first day.
Travel the World - Even though we are currently working remotely, usually our employees make frequent international business-related trips while working on exciting projects.
Continuous Learning - We're passionate about learning and strive to constantly improve and innovate. We learn from others, our challenges & our successes.
Connection - In this virtual world, we stay connected through events like game nights, movie nights, arts & crafts sessions (like Origami), meditation sessions, and much more.
Autonomy & Flexibility - You get to define how you want to make an impact. We truly believe that great things happen when people are given the trust and freedom to create their own path.
Beautiful Office - Whenever we return back to the office, you’ll get to check out our awesome workspace, complete with pool and ping pong tables, a snack-filled kitchen, and tons of cozy work spaces.

About the Company

Paytm Labs

Digital payments, loans, investments, and insurance

Paytm Labs offers an integrated digital payments and financial services platform in India for individuals and businesses, covering UPI payments, mobile recharges, bill payments, ticket bookings, loans, investments, insurance, metro cards, and more. Users initiate payments or financial actions in the app, which are processed through UPI and payment gateways, with revenue from transaction fees and commissions on financial services. It differentiates itself through a large ecosystem of merchants and users, a wide range of services in one app, and a focus on customer support and trust. Its goal is to make a broad set of financial services easily accessible to mass-market users while growing revenue via payment processing and financial services partnerships at scale.

Company size: 10,001+
Company stage: IPO
Headquarters: Noida, India
Founded: 2014

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