Assistant Manager - Financial Reporting

TerraPay Holdings Limited; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

TerraPay Holdings Limited is seeking an Assistant Manager – Financial Reporting to manage end-to-end financial reporting for TerraPay’s global entities, ensuring accuracy, timeliness, and regulatory compliance. The role supports statutory audits, group consolidation, board reporting, and continuous improvement of reporting processes in a fast-growing cross-border payments ecosystem.

This position emphasizes strong financial governance across operating and holding entities in multiple

Responsibilities

• Own monthly, quarterly, and annual close processes for TerraPay group entities.
• Prepare standalone and consolidated financial statements per Ind AS / IFRS / UK GAAP / local GAAP as applicable.
• Account for cross-border revenues and costs, forex movements, intercompany eliminations, provisions, accruals, and ESOPs.
• Deliver timely MIS, management reports, and board decks.
• Manage group consolidation and intercompany reconciliations across jurisdictions.
• Support onboarding of new entities from reporting and consolidation standpoint.
• Ensure statutory reporting and filing compliance across geographies (India, UK, Mauritius, Africa, Europe).
• Coordinate preparation and filing of audited financial statements with regulators and authorities.
• Monitor changes in accounting standards and regulatory frameworks.
• Act as primary SPOC for statutory, group, and internal auditors.
• Manage audit planning, timelines, and closure of audit observations.
• Ensure robust documentation for accounting judgments and minimal audit adjustments.
• Strengthen internal controls and ensure consistent accounting policy application.
• Draft and maintain accounting policies, SOPs, and control documentation aligned with group standards.
• Drive automation in reporting, including ERP optimization (NetSuite) and AI-assisted analytics.

Job description

Job Summary:

The Assistant Manager – Financial Reporting will be responsible for end‑to‑end financial reporting for TerraPay’s global entities, ensuring accuracy, timeliness, and compliance with applicable accounting standards and regulatory requirements. The role will support statutory audits, group consolidation, board reporting, and continuous improvement of reporting processes in a fast‑growing cross‑border payments ecosystem.

This role is critical in ensuring strong financial governance across TerraPay’s operating and holding entities in multiple jurisdictions.

Requirements

Key Responsibilities

Financial Reporting & Close Management

• Own monthly, quarterly, and annual financial close processes for TerraPay group entities.
• Prepare and review standalone and consolidated financial statements in accordance with Ind AS / IFRS / UK GAAP / local GAAP, as applicable.
• Ensure accurate accounting for:
  • Cross‑border payment revenues and costs
  • Forex revaluation and settlement differences
  • Intercompany transactions and eliminations
  • Provisions, accruals, and contingencies
  • ESOPs and share-based payments.
• Deliver timely and reliable MIS, management reports, and board decks.

Group Consolidation & Multi‑Entity Reporting

• Manage group consolidation, including ownership structures and eliminations.
• Oversee intercompany reconciliations across multiple jurisdictions and currencies.
• Support onboarding of new entities, partners, or business verticals from a reporting and consolidation standpoint.

Statutory, Regulatory & Compliance Reporting

• Ensure compliance with statutory reporting and filing requirements across geographies (India, UK, Mauritius, Africa, Europe, etc.).
• Coordinate preparation and filing of audited financial statements with regulators and local authorities.
• Monitor changes in accounting standards, regulatory frameworks, and industry practices impacting TerraPay.

Audit & External Stakeholder Management

• Act as the primary SPOC for:
  • Statutory auditors
  • Group auditors
  • Internal auditors
• Manage audit planning, timelines, audit schedules, and closure of audit observations.
• Ensure minimal audit adjustments and robust documentation for accounting judgments.

Internal Controls, Policies & Process Improvement

• Strengthen internal financial controls and ensure consistent application of accounting policies across entities.
• Draft, review, and maintain accounting policies, SOPs, and control documentation aligned with group standards.
• Drive automation and efficiency in reporting processes, including ERP (NetSuite) optimization and reporting tools.
• Support finance transformation initiatives including AI‑based analytics and automated reconciliations.

Cross‑Functional & Leadership Support

• Work closely with Tax, Treasury, Legal, Compliance, Operations, and