Paytm Labs

Digital payments, loans, investments, and insurance

Finance Control & Governance Manager

Internal Audit & ControlsConfirmed live in the last 24 hours

Full-timeMumbai, Maharashtra, IndiaNo salary listedIn-person

About the Job

Requirements

Chartered Accountant (CA), CMA, or MBA (Finance) is preferred.
5–10 years of experience in Finance Controls, Internal Controls, Audit, Finance Operations, or ERP Governance.
Experience in Financial Services, FinTech, Broking, or Banking is preferred.
Working knowledge of SAP FI/CO (ECC or S/4HANA), financial systems, and ERP controls.
Knowledge of financial controls and governance, reconciliations and exception management, SAP/ERP controls, internal controls and risk management, process improvement and automation, analytical problem-solving, stakeholder management, communication, and attention to detail.

Responsibilities

Ensure adherence to approved Finance SOPs, policies, and internal control frameworks.
Monitor key financial processes and identify control gaps and improvement opportunities.
Conduct periodic control reviews and ensure timely implementation of corrective actions.
Drive process standardization, automation, and continuous improvement initiatives.
Oversee critical reconciliations, including bank, GL, settlement, and suspense accounts.
Monitor ageing of unreconciled items and ensure timely closure of exceptions.
Investigate recurring reconciliation breaks and recommend preventive controls.
Publish periodic dashboards on reconciliation status 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 coordination with IT.
Monitor system interfaces, exception reports, manual journal entries, reversals, and suspense accounts.
Participate in UAT for ERP enhancements and ensure financial controls remain effective.
Perform periodic control testing and compliance reviews.
Track closure of Internal Audit, Statutory Audit, and Regulatory observations.
Support audits by providing control documentation, system evidence, and audit trails.
Escalate significant control breaches and operational risks to management.
Prepare Finance Control MIS and management dashboards.
Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve control issues.
Promote automation and technology-driven controls to reduce manual interventions.

Desired Qualifications

Experience in Financial Services, FinTech, Broking, or Banking.

Manager – Finance Controls & Governance

Role Purpose

To strengthen the Finance control environment by ensuring adherence to

approved SOPs, monitoring financial and system controls, overseeing

reconciliations, and driving timely resolution of exceptions. The role acts as the

first line of defense within Finance to ensure financial processes are accurate,

compliant, well-governed, and audit-ready.

Key Responsibilities

1. Financial Controls & Governance

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

frameworks.

Monitor key financial processes and identify control gaps and improvement

opportunities.

Conduct periodic control reviews and ensure timely implementation of

corrective actions.

Drive process standardization, automation, and continuous improvement

initiatives.

2. Reconciliations & Exception Management

Oversee critical reconciliations, including bank, GL, settlement, and

suspense accounts.

Monitor ageing of unreconciled items and ensure timely closure of

exceptions.

Investigate recurring reconciliation breaks and recommend preventive

controls.

Publish periodic dashboards on reconciliation status 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 coordination with IT.

Monitor system interfaces, exception reports, manual journal entries,

reversals, and suspense accounts.

Participate in UAT for ERP enhancements and ensure financial controls

remain effective.

4. Audit, Compliance & Risk

Perform periodic control testing and compliance reviews.

Track closure of Internal Audit, Statutory Audit, and Regulatory

observations.

Support audits by providing control documentation, system evidence, and

audit trails.

Escalate significant control breaches and operational risks to management.

5. MIS & Stakeholder Management

Prepare Finance Control MIS and management dashboards.

Coordinate with Treasury, Operations, Compliance, Technology, and Product

teams to resolve control issues.

Promote automation and technology-driven controls to reduce manual

interventions.

Preferred Qualifications & Experience

Chartered Accountant (CA), CMA, or MBA (Finance).

5–10 years of experience in Finance Controls, Internal Controls, Audit,

Finance Operations, or ERP Governance.

Experience in Financial Services, FinTech, Broking, or Banking preferred.

Working knowledge of SAP FI/CO (ECC or S/4HANA), financial systems, and

ERP controls.

Key Competencies

Financial Controls & Governance

Reconciliations & Exception Management

SAP/ERP Controls

Internal Controls & Risk Management

Process Improvement & Automation

Analytical & Problem-Solving Skills

Stakeholder Management

Strong Communication & Attention to Detail

Success Measures (KPIs)

100% adherence to Finance SOPs and control processes.

Timely completion of critical reconciliations and reduction in ageing items.

Closure of audit observations and control deficiencies within agreed

timelines.

Effective SAP access governance, SoD compliance, and system control

monitoring.

Reduction in manual processes through automation and enhanced system

controls.

Accurate and timely Finance Control MIS with zero material control failures.

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

Recently Posted Jobs

Explore more opportunities at Paytm Labs

See more jobs