Associate Manager - Business Finance

SmartRecruiters, Inc.; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Medical Insurance

Parental Support

Relocation Benefits

Life Insurance

Job summary

PhonePe Limited in Bengaluru, India, is seeking an Associate Manager - Business Finance to drive financial planning, analysis, and reporting across the Lending team. The role emphasizes accuracy, compliance, and partnering with business leaders to inform strategy.

You will own the Annual Operating Plan, monthly plans, and outlooks, perform variance analyses, and collaborate with Marketing and Growth to evaluate ROI and CAC, while helping improve unit economics and margins.

Qualifications

• 2–5 years in FP&A, business finance or corporate accounting.
• Advanced Excel and data analysis skills.
• Strong analytical and detail-oriented approach.
• Excellent written and verbal communication for diverse audiences.
• Preferred: experience with process automation initiatives.

Responsibilities

• Own the Annual Operating Plan (AOP), month plans and outlooks.
• Conduct detailed variance analysis against plan and targets.
• Partner with Marketing and Growth to evaluate ROI and track CAC.
• Drive profitability by collaborating to improve unit economics and reduce costs.
• Identify growth levers and drive implementation with stakeholders.
• Oversee pricing structures and enforce data governance for margin protection.
• Collaborate with Financial Controllership for accurate financial representation.

Skills

FP&A

Excel

Analytical thinking

Communication

Process automation (preferred)

Job description

PhonePe Limited (Formerly PhonePe Private Limited) is a technology company that builds digital platforms for Payments, Digital Distribution Services and Financial Services. Headquartered in India, the PhonePe digital payments app was launched in 2016. As of April 2026, PhonePe has over 70 Crore life-till-date registered users and a digital payments acceptance network spread across over 5 Crore merchants. PhonePe’s products and services include Consumer Payments (including Digital Distribution Services), Merchant Payments, Lending and Insurance Distribution services, and New Platforms, which comprise Share.Market (stock broking and mutual funds distribution platform), and Indus Appstore (Android-based mobile app marketplace). 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!

Job Description

We're looking for an Associate Manager - Business Finance to join our Lending team in Bengaluru, India. In this role, you will play a key part in driving financial planning, analysis, and reporting initiatives across the organization. The ideal candidate will combine strong analytical capabilities with a detail-oriented approach, ensuring accuracy and compliance in all financial processes while supporting strategic business decisions.

Preparing and owning the Annual Operating Plan (AOP), month plans, and outlooks.

Conduct detailed variance analysis against plan and business targets to highlight the gaps and key drivers.

Partner with Marketing and Growth teams to evaluate ROI, track channel-wise Customer Acquisition Cost (CAC), and optimize acquisition budgets

Driving business profitability by collaborating with cross-functional teams to improve unit economics and optimize costs.

Identify key levers for business growth and partner with business stakeholders to drive implementation.

Oversee pricing structures while enforcing strict data governance to ensure rate-card compliance and margin protection

Partnering with the Financial Controllership team to ensure accurate financial representation of the business

Qualifications

• 2-5years of professional experience in business finance, financial planning and analysis (FP&A), or corporate accounting
• Advanced skills in Microsoft Excel and data analysis
• Excellent analytical and problem-solving abilities with strong attention to detail
• Strong written and verbal communication skills with the ability to present information clearly to diverse audiences
• Preferred: Experience in process automation initiatives

Additional Information

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

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.