Experience: 12+ years
Who Are We?
M2PFintech is a leading Banking Technology Platform, shaping the future of digitalfinance. Established in 2014 and headquartered in Chennai, we have a strongfootprint across 30+ countries in Asia-Pacific, the Middle East & Africa(MEA), and Oceania.
At the forefront of next gen fintech, we drive innovation in banking, lending,and payments infrastructure. Powering global fintech transactions, ourcomprehensive technology stack enables seamless banking solutions, lendingplatforms, Buy Now Pay Later (BNPL) services, customized credit cards, prepaidcards, and more.
About the Role
M2PFintech is looking for a Financial Controller to ownthe day-to-day and month-to-month financial engine of the group — the accuracyof the books, the movement of cash, and the health of working capital. Thefocus is on actuals controls, liquidity, compliance, and the operational rigourthat keeps a fast-scaling, regulated fintech financially sound.
Success looks like clean books, an auditthat closes without surprises, cash that is always visible and optimallydeployed, and working capital that funds growth rather than constraining it.
This is a chance to own the financialbackbone of a company that is redefining how the world builds financialproducts — at the exact stage where controllership, treasury, andworking-capital rigour make the difference between scaling well and scaling painfully.You will build the systems, controls, and cash discipline that asoon-to-be-public, global fintech runs on.
What Will You Do in this Role
Financial Controllership &Accounting Operations
- Own the integrity of thegeneral ledger and the group's books of account across all legal entities, incompliance with Ind AS.
- Run a fast, reliable month-end,quarter-end, and year-end close with clear ownership of reconciliations,accruals, provisions, and cut-offs.
- Manage accounting for aplatform business — revenue recognition across SaaS subscriptions, platform andtransaction fees, and interchange/settlement-linked income, including deferredand unbilled revenue.
- Consolidate financials across amulti-entity, multi-geography group (including acquired entities), managinginter-company transactions, eliminations, and alignment of accounting policies.
- Standardise and document thechart of accounts, accounting policies, and close calendar so the functionscales cleanly as the group grows.
Treasury & Cash Management
- Own group-wide cash andliquidity — a live view of positions across all entities, banks, andcurrencies, ensuring cash is safe, visible, and productively deployed.
- Manage the operational treasuryof a regulated payments business: nodal, escrow, and settlement accountstructures, segregation and safeguarding of client and merchant settlementfunds, and float management in line with regulatory expectations.
- Own daily settlement andinterchange cash flows tied to card networks and bank partners, ensuringfunding, reconciliation, and timely settlement.
- Manage banking relationshipsacross partner and operating banks — account structures, mandates, transactionbanking, and service levels.
- Run multi-currency treasuryacross India, MENA, SEA, and US — currency positioning, cross-border funding ofentities, and FX risk management within FEMA and applicable cross-borderregulations.
- Manage surplus deployment andcash-runway visibility, alongside debt servicing, covenant compliance, andlender reporting for existing facilities (including venture / structured debt).
Working Capital Management
- Own the group's working-capitalcycle end to end — receivables, payables, and the cash conversion cycle — anddrive continuous improvement in each.
- Manage receivables from bank,NBFC, fintech, and enterprise clients: billing accuracy, collectionsdiscipline, DSO reduction, ageing control, and resolution of disputes andunapplied receipts.
- Manage vendor and partnerpayables — including bank sponsorship fees, card-network charges, cloud andinfrastructure costs — optimising DPO without straining critical relationships.
- Own working-capital reportingon actuals: DSO, DPO, ageing, collections performance, and cash locked in thecycle, with clear escalation of risks.
- Partner with RevenueOperations, Delivery, and Business teams to unblock collections and tighten theorder-to-cash and procure-to-pay cycles.
- Ensure timely, accuratestatutory compliance across all entities — direct and indirect tax (GST, TDS,corporate tax), ROC/MCA filings, and jurisdiction-specific obligations foroverseas entities.
- Manage regulatory compliancerelevant to a payments and lending-infrastructure business, includingRBI/PPI-linked requirements, escrow/nodal norms, and FEMA obligations oncross-border flows, in coordination with Legal and Compliance.
- Own transfer-pricing operationsand documentation across the group's inter-company arrangements.
- Serve as the finance owner forall statutory, tax, and regulatory audits and assessments.
Audit, Controls & IPO Readiness
- Own the statutory audit processend to end and drive a clean, on-time close with auditors.
- Design, implement, and maintaina strong internal-control environment over financial reporting, treasury, andthe cash cycle — maker-checker controls, delegation of authority, andsegregation of duties.
- Strengthen controls,documentation, and process discipline to institutional / IPO-ready standards.
- Continuously improve financesystems, automation, and reconciliation tooling to reduce manual effort andcontrol risk as transaction volumes scale.
WhatYou’ll Need to be Successful in this Role
- Chartered Accountant (CA) — with strong controllership grounding.
- 12–14 years of progressive experience in controllership, treasury, andworking-capital management, with meaningful time owning the close and the cashcycle.
- Fintech / payments /software experience — comfort with settlementflows, nodal/escrow structures, interchange, and float is a strong advantage.
- Ind AS, statutory audit, andmulti-entity consolidation — hands-on command.
- Multi-currency treasury andcross-border / FEMA operations across groupentities.
- Direct and indirect taxation and regulatory compliance in a regulatedfinancial-services environment.
- Proven ability to bringstructure to high-volume, fast-moving finance operations, and to build controlsand process where they are still maturing.
- Systems fluency — ERP (NetSuite / SAP / Oracle / Zoho), advanced Excel, andreconciliation / treasury tooling.
Nice toHave:
- M&A integration — bringing acquired entities onto common policies, systems, andcontrols.
- Lender and covenantreporting for debt facilities.
- Cross-geography exposure — India, MENA, SEA, or US entities.
- Inclusive and People-FirstCulture.
- Recognition Programs.
- Performance-based ESOPs.
- Learning Opportunities.
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