Assistant Manager FinOps

CheQ Digital Private Limited; Bengaluru Urban; On-site; INR 600,000 - 900,000; Full time

Job summary

CheQ Digital Private Limited is seeking a Finance Operations professional to own daily reconciliation, escrow management, and cash flow tracking. You will collaborate with payment gateways, banks, and cross-functional teams to ensure accurate settlements and compliant processes.

The role requires strong Excel/Sheets skills and knowledge of SQL, with attention to detail and ownership mindset in a fast-paced startup environment. Bengaluru-based full-time position.

Qualifications

• Daily reconciliation of payment gateway transactions and escrow accounts.
• Experience with banking operations, fund settlements, and financial controls.
• Strong analytical, problem-solving, and communication skills.

Responsibilities

• Perform daily reconciliation of payments against MIS and internal records.
• Monitor escrow accounts and ensure compliant inflows/outflows.
• Identify discrepancies and escalate/resolve issues promptly.
• Generate reconciliation reports and maintain audit-ready documentation.
• Collaborate with gateways, banks, and internal teams for fund flow.

Skills

Financial operations

Analytical thinking

Attention to detail

Communication

Tools

Excel

SQL

Google Sheets

Job description

CheQ Digital Private Limited | Full time

At CheQ, we’re turning the chaos of credit into a journey that’s clear, rewarding, and even a little fun. With ₹80,000 Cr+ in lifetime payments, a growing tribe of users (30%+ using more than two products), and $16M raised from marquee investors, we’re fast becoming India’s favourite way to go from credit-stressed to credit-smart.

What you’ll be doing

Transaction Monitoring & Reconciliation

• Perform daily reconciliation of payment gateway transactions (credits, debits, chargebacks, and refunds) against bank MIS, partner MIS, and internal records.
• Reconcile and monitor escrow accounts to ensure all inflows and outflows are accurately accounted for and compliant with regulatory and internal policies.
• Identify and investigate discrepancies across transaction records, escalating and resolving issues promptly.
• Generate daily, weekly, and monthly reconciliation and exception reports, highlighting trends, anomalies, and resolutions.
• Maintain detailed documentation of reconciliation activities for audit and compliance purposes.
• Coordinate with payment gateways, financial institutions, and internal stakeholders to ensure seamless fund flow and settlement operations.
• Monitor transactional Charges and Taxes to identify unusual patterns or potential risks.
• Automating the Reconciliation system and standardising the process.

Cash Flow & Financial Operations:

• Monitor and track daily cash flow across multiple banking and escrow accounts.
• Support in cash positioning and forecasting, ensuring sufficient liquidity for operational and settlement needs.
• Coordinate with internal teams to manage fund transfers, settlements, and pay-outs on time.
• Assist in month-end book closures and partner billing by providing accurate reconciled data and supporting documentation.
• Ensure timely completion of fund settlements, reconciliations, and variance analysis to maintain financial discipline.

Collaboration & Stakeholder Management

• Collaborate closely with cross-functional teams to share insights, identify process improvement opportunities, and support decision-making.
• Participate in regular team reviews and contribute to initiatives aimed at improving reconciliation accuracy, automation, and efficiency.

What You’ll Need

Like us, you’ll be deeply committed to delivering impactful outcomes for customers:

• Financial Operations: Expertise in daily reconciliation, escrow account management, and cash flow tracking.
• Domain Knowledge: Strong understanding of banking operations, fund settlements, and financial controls. Exposure to Payment Gateway / Fintech / NBFC operations is highly desirable.
• Technical Proficiency: Proficiency in Excel/Google Sheets is required; knowledge of SQL or other query languages is an added advantage.
• Accounting Knowledge: Familiarity with accounting principles and book closure processes. While a Commerce background is preferred, it is not mandatory.
• Soft Skills: High attention to detail with strong analytical and problem-solving skills. Excellent communication, coordination, and an ownership mindset are essential.
• Work Style: Ability to operate effectively in a fast-paced, startup environment, demonstrating adaptability.

Why you should join CheQ?

You own it, we trust you

Shape your work with freedom, deliver with ownership, backed by trust

Bold,fast & human

We push boundaries together, and deliver with agility, rigor, and heart. Alwayslooking out for one another.

Growthby osmosis

Learn directly from a stellar leadership team with rich, diverse backgrounds.

What you will not get

• Monotony → Work is dynamic, expect varietyevery day.
• Slow climbs → Growth here is aboutleaps, not ladders.
• Layers ofred tape → We believe in speed, not bureaucr"