Analyst, Accounting (Accounts Receivable)

About PhonePe Limited:

Headquartered in India, its flagship product, the PhonePe digital payments app, was launched in Aug 2016. As of April 2025, PhonePe has over 60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40+ million) merchants. PhonePe also processes over 33 Crore (330+ Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.

PhonePe’s portfolio of businesses includes the distribution of financial products (Insurance, Lending, and Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus AppStore Localized App Store for the Android ecosystem) in India, which are 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 go the extra mile to make sure you can bring your best self to work, Everyday!. And that starts with creating the right environment for you. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. PhonePe-rs solve complex problems and execute quickly; often building frameworks from scratch. If you’re excited by the idea of building platforms that touch 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

• Oversee end-to-end accounts receivable (AR) processes, including invoicing, collections, and reconciliation, ensuring timely and accurate processing.
• Monitor AR aging reports and work to minimize DSO (Days Sales Outstanding) by optimizing the collection processes.
• Maintain effective credit assessments and support strong client relationships to ensure prompt payments and effective dispute resolution.
• Monitor and perform reconciliations for settlements on a daily basis.

2. Revenue Reconciliations

• Prepare monthly reconciliations and resolve discrepancies between billing and revenue records.
• Develop, analyze, and present revenue and AR reports, providing actionable insights into trends, variances, and financial risks.

3. Revenue Automation & Process Improvement

• Lead revenue automation initiatives, identifying opportunities to streamline billing, invoicing, and AR processes.
• Collaborate with IT and other departments (both internal and external) to implement tools and systems to automate and enhance revenue workflows.
• Drive process improvement initiatives that ensure scalability, accuracy, and efficiency in revenue recognition and accounts receivable functions.

4. Cross-Functional Collaboration

• Work closely with internal departments as well as with insurers to support accurate revenue reconciliations.

5. Reporting & Analysis

• Develop and maintain KPIs for AR, revenue, and automation effectiveness, providing insights to senior management.
• Monitor financial performance, identify opportunities for improvement, and recommend strategies to optimize revenue and AR efficiency.
• Deliver regular financial reports on revenue, AR aging, and automation impact, summarizing findings and recommendations.

Qualifications:

Education: Bachelor’s degree in Finance / Accounting, Business Administration, or a related field;

Experience: 5 years of experience in financial operations, with expertise in accounts receivable, revenue recognition, and automation processes.

Skills:

• Experience with financial ERP systems, automation tools, and proficiency in Excel.
• 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

Our inclusive culture promotes individual expression, creativity, innovation, and achievement and in turn helps us better understand and serve our customers. We see ourselves as a place for intellectual curiosity, ideas and debates, where diverse perspectives lead to deeper understanding and better quality results. PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally; regardless of gender, sexual preference, religion, race, color or disability. If you have a disability or special need that requires assistance or reasonable accommodation, during the application and hiring process, including support for the interview or onboarding process, please fill out this form.

Read more about PhonePe on our blog.

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