Manager – Finance Controls & Governance

Paytm; Mumbai; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Paytm in Mumbai seeks an experienced Finance professional for the role of Manager – Finance Controls & Governance. The candidate will strengthen the control environment by upholding policy adherence, overseeing reconciliations, and driving governance across finance processes.

The role requires expertise in financial controls, ERP governance, audits, and process improvements, with collaboration across Finance, Technology, Compliance, and Operations teams to drive automation and efficiency.

Qualifications

• CA/CMA/MBA (Finance) with relevant qualifications.
• 5–10 years of experience in finance controls, internal controls, and ERP governance.
• Experience supporting audits and risk management in a corporates finance function.

Responsibilities

• Ensure adherence to Finance SOPs, policies, and control frameworks.
• Monitor key financial processes for control gaps and improvement opportunities.
• Lead reconciliations (bank, GL, settlement, suspense) and resolve exceptions.
• Oversee SAP financial controls, master data governance, and access controls.
• Support internal and statutory audits with required documentation and evidence.
• Prepare MIS and governance dashboards; collaborate with cross-functional teams.

Skills

Finance Controls

Internal Controls

Finance Operations

Audit

ERP Governance

Education

CA

CMA

MBA (Finance)

Tools

SAP

Job description

Manager – Finance Controls & Governance

Location: Mumbai, India

Experience: 5–10 Years

Qualification: CA / CMA / MBA (Finance)

About the Role

We are looking for an experienced Finance professional to join our team as Manager – Finance Controls & Governance. This role is responsible for strengthening the Finance control environment by ensuring adherence to internal policies, monitoring financial and system controls, overseeing critical reconciliations, and driving governance across finance processes.

The ideal candidate will have strong expertise in financial controls, ERP governance, reconciliations, audit management, and process improvement, with the ability to collaborate across Finance, Technology, Compliance, and Operations teams.

Key Responsibilities

1. Financial Controls & Governance
   • Ensure adherence to approved Finance SOPs, policies, and internal control frameworks.
   • Monitor key financial processes to identify control gaps, risks, and improvement opportunities.
   • Conduct periodic control reviews and ensure timely implementation of corrective actions.
   • Drive process standardization, automation, and continuous improvement initiatives.
   • Strengthen governance practices to ensure finance processes remain compliant, efficient, and audit-ready.
2. Reconciliations & Exception Management
   • Oversee critical reconciliations, including:
   • Bank Reconciliations
   • General Ledger (GL) Reconciliations
   • Settlement Accounts
   • Suspense Accounts
   • Monitor ageing of unreconciled items and ensure timely resolution of exceptions.
   • Investigate recurring reconciliation issues and implement preventive controls.
   • Prepare and publish periodic dashboards on reconciliation status, ageing, and control exceptions.
3. SAP & Financial Systems Controls
   • Monitor SAP financial controls, master data governance, and accounting configurations.
   • Review user access, Segregation of Duties (SoD), and maker-checker controls in collaboration with Technology teams.
   • Monitor system interfaces, manual journal entries, reversals, exception reports, and suspense accounts.
   • Participate in User Acceptance Testing (UAT) for ERP enhancements and system upgrades.
   • Ensure financial controls remain effective across SAP and other finance systems.
4. Audit, Compliance & Risk Management
   • Perform periodic control testing and compliance reviews.
   • Support Internal Audit, Statutory Audit, and Regulatory inspections by providing required documentation and audit evidence.
   • Track and ensure timely closure of audit observations and control deficiencies.
   • Escalate significant control breaches, operational risks, and compliance issues to management.
   • Maintain complete documentation and audit trails for all key finance control activities.
5. MIS & Cross-functional Collaboration
   • Prepare Finance Control MIS, governance reports, and management dashboards.
   • Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve finance control issues.
   • Support finance transformation initiatives by promoting automation and technology-driven controls.
   • Provide insights and recommendations to enhance operational efficiency and strengthen the overall control environment.

Candidate Profile

• Education :
  • Chartered Accountant (CA)
  • Cost & Management Accountant (CMA)
  • MBA (Finance)
• Experience :
  • 5–10 years of relevant experience in:
  • Finance Controls
  • Internal Controls
  • Finance Operations
  • Audit
  • ERP Governance
• Success Measures:
  • Achieve 100% adherence to Finance SOPs and internal control processes.
  • Ensure timely completion of critical reconciliations and reduce ageing of outstanding items.
  • Close audit observations and control deficiencies within agreed timelines.
  • Maintain effective SAP access governance, Segregation of Duties (SoD), and system controls.
  • Drive automation initiatives to reduce manual interventions and improve operational efficiency.
  • Deliver accurate and timely Finance Control MIS with zero material control failures.

Location

Mumbai, India

Candidates based in Mumbai or willing to relocate are encouraged to apply.