Associate Manager, Finance

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!

Position Title: Associate Manager, Finance

Key Responsibilities:

・ Manage and oversee the monthly book closure process, ensuring accuracy and timeliness.
・ Prepare Consolidated financial statements and reports ensuring accurate intercompany reconciliations and eliminations.
・ Prepare and review balance sheet reconciliations, income statement analysis, and variance analysis.
・ Support in cross charge activities between the group companies. Coordinate with various departments to gather and verify financial data.
・ Ensure compliance with relevant accounting standards (Ind AS) and regulatory requirements.
・ Identify and resolve discrepancies and issues related to the general ledger/chart of accounts
・ Support in general ledger functions, ensuring accuracy, timeliness, and compliance with company policies and accounting standards.
・ Coordinate with external auditors during audits and provide necessary documentation and explanations.
・ Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy.
・ Collaborate with cross-functional teams to streamline accounting processes and systems.
・ Participate in system upgrades and implementations, ensuring smooth transitions and minimal disruptions.

Qualifications and Skills:

・ Chartered Accountant (CA) with 3 to 5 years of relevant experience.
・ Strong understanding of accounting principles, IFRS/GAAP, and financial reporting.
・ Proficiency in accounting software and ERP systems.

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 on our blog.

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