Associate Manager - Business Finance

1 Month ago • 5 Years + • Finance

Job Summary

Job Description

PhonePe is India's leading digital payments company with 50 crore registered users and 3.7 crore merchants. The company has expanded into financial services and tech-enabled businesses. PhonePe emphasizes a culture where employees are empowered, trusted, and encouraged to own their work. The role involves business finance responsibilities, including co-owning business goals with category heads, defining annual operating plans and OKRs, conducting growth and profitability reviews, and providing financial reports. The associate manager will develop complex financial models, trends, and projections to aid decision-making, collaborate with other functions, drive process improvements, and ensure proper monthly planning and closure activities.
Must have:
  • Chartered Accountant or MBA with 5+ years of experience
  • Strong MS Excel and presentation skills
  • Strong analytical and problem-solving skills
  • Proactive, self-motivated, team player
  • Strong stakeholder management and interpersonal skills
Good to have:
  • Prior experience in Business Finance
  • Understanding of financial trends
  • Business acumen and analytical approach
  • Commercial negotiations experience
  • Agreements and contract review
  • Experience in E-commerce/start-ups/Consumer Tech
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 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!

Minimum Qualifications
 Chartered Accountant/ MBA with 5+ year of work experience
 Strong Proficiency in MS Excel and presentations
 Strong analytical skills and problem-solving skills
 Proactive takes initiative, self-motivated, team player
 Strong stake holder management and interpersonal skills

Preferred Qualifications
 Prior experience in Business Finance
 Extensive understanding of financial trends both within the company and general
market patterns
 Business acumen, Analytical approach, understanding of general business
development and operations
 Commercial Negotiations, Partnerships, Alliances experience
 Agreements and Contract Review
 Prior experience in Ecommerce/ start-ups/Consumer Tech

Responsibilities 
 Ensure health of the business and co-own the goals with the category heads
 Define annual operating plan (AOP), outlook and define OKRs for category
 Conduct reviews and evaluations for growth and profitability opportunities
 Provide financial reports and interpret financial information to various stakeholders
while recommending further courses of action
 Develop complex financial models to facilitate decision making with Business
stakeholders
 Develop trends and projections for the business growth & finances
 Collaborate with other functions, discuss and agree on projects to be taken.
 Drive process improvement initiatives that impact the category
 Ensure proper monthly planning, reviews and closure activities

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.

Life at PhonePe

PhonePe in the news

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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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