Specialist - Recoveries

13 Hours ago • 1 Years +

Job Summary

Job Description

PhonePe Limited is seeking a Specialist - Recoveries to oversee daily business operations, collaborating with internal teams and external partners for seamless execution. The role involves developing and implementing efficient processes, managing billing and payment recovery for services rendered, and acting as a liaison between various stakeholders, including partner finance teams. The specialist will regularly analyze data to identify trends and deviations, provide insights for process improvements, handle merchant-side escalations promptly, and maintain process documentation, identifying areas for automation. The ideal candidate will have a Bachelor's degree, at least 6 months of experience in operations or the payments industry with billing and recovery background, proficiency in financial statements, accounting, taxation, and Excel.
Must have:
  • Bachelor's degree in any discipline
  • Minimum 6 months of experience in operations or payments
  • Proficiency in financial statements, accounting, and taxation
  • Proficiency in Excel
  • Strong attention to detail and data analysis skills
  • Excellent verbal and written communication abilities
  • Ability to embrace change with a positive attitude
Good to have:
  • Preference for B.Com/M.Com holders
  • Knowledge of SQL
Perks:
  • Medical Insurance
  • Critical Illness Insurance
  • Accidental Insurance
  • Life Insurance
  • Employee Assistance Program
  • Onsite Medical Center
  • Emergency Support System
  • Maternity Benefit
  • Paternity Benefit Program
  • Adoption Assistance Program
  • Day-care Support Program
  • Relocation benefits
  • Transfer Support Policy
  • Travel Policy
  • Employee PF Contribution
  • Flexible PF Contribution
  • Gratuity
  • NPS
  • Leave Encashment
  • Higher Education Assistance
  • Car Lease
  • Salary Advance Policy

Job Details

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!

About the Role
➔ Oversee daily business operations, collaborating with both internal teams and external
partners to ensure seamless execution
➔ Develop and implement processes for areas under your purview, ensuring efficiency and
effectiveness
➔ Understand and manage the requirements for billing and recovering payments for
services rendered
➔ Act as a liaison between various stakeholders, including partner finance teams, to ensure
smooth business operations
➔ Regularly analyze data to identify trends and deviations, providing insights and
recommendations for process improvements
➔ Handle merchant-side escalations promptly, working with internal and external partners
to resolve issues
➔ Maintain and update process documentation, identifying areas for automation and
efficiency gains

Ideal Candidate Profile
➔ Bachelor’s degree in any discipline; preference for B.Com/M.Com holders
➔ Minimum 6+ months of experience in operations or the payments industry, with a background in billing
and recovery processes
➔ Proficiency in Financial Statements, Accounting Entries, and Taxation
➔ Proficiency in Excel; knowledge of SQL is an added advantage
➔ Strong attention to detail with the capacity to analyze data trends and derive actionable
insights
➔ Excellent verbal and written communication abilities to interact effectively with
stakeholders
➔ Ability to embrace change with a positive attitude and a sense of urgency

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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About The Company

PhonePe was founded in December 2015 and has emerged as India’s largest payments app, enabling digital inclusion for consumers and merchants alike. With 48 crore (480 Million) registered users, one in four Indians are now on PhonePe. The company has also successfully digitized 3.6 crore (36 Million) offline merchants spread across Tier 2,3,4 and beyond, covering 99% of the postal codes across India. PhonePe is also the leader in Bharat Bill Pay System (BBPS), processing over 45% of the transactions on the BBPS platform. PhonePe forayed into financial services in 2017, providing users with safe and convenient investing options on its platform. Since then, the company has introduced several Mutual Funds and Insurance products that offer every Indian an equal opportunity to unlock the flow of money and access to services. PhonePe was recently recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report 2023 by Trust Research Advisory (TRA).



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