Job Description

Paytm is India\'s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks\' financial instruments. To further enhance merchants\' business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.About Team:This team provides PG accounting, cost allocations and analysis, recons, audit compliances, periodic closing of financial results, monitoring variances; identifying trends; recommending actions to concerned teams.About the role:We are looking for self-motivated individuals to be part of our PG Finance team to drive the Accounting & Finance related operations which includes Accounting of Receivables / Payables, B2C Collections, Merchant Payouts, Overall Nodal reconciliation, Bank reconciliations, Inter Company Settlements and Cost, revenue analysis, Periodic closing of accounts, Control Accounts etc.Expectations/Requirements:1. Performing daily Accounting and reconciliations - B2C Collections, Merchant Payouts, Overall Nodal reconciliation, Intercompany Reconciliations etc.2. Strictly adhere to the systems.3. Highlighting recon open items to internal stakeholders and Banks for taking them to closure.4. Escalating to reporting manager as per SOP.5. Daily and monthly MIS reporting.6. Creation of SOPs for existing issues.7. Providing suggestion for process improvements and automation to reporting manager.Superpowers that will help you succeed in this role:1. 3-5 years of experience in transaction level accounting domain2. Bachelor\'s/Master\'s degree in business management, finance, operations, or any related field.3. Love for simplifying along with problem solving mind set4. Knowledge of Fintech/ Payments / BFSI/ Lending domain5. Ability to take internal and external stakeholders along6. Hands on experience on ERP/SAP will be an added advantage.Education:Bachelor\'s/Master\'s degree in business management, finance, operations, or related fieldWhy join us :Because you get an opportunity to make a difference, and have a great time doing that. You are challenged and encouraged here to do stuff that is meaningful for you and for those we serve. We are successful, and our successes are rooted in our people\'s collective energy and unwavering focus on the customer, and that\'s how it will always beCompensation:If you are the right fit, we believe in creating wealth for you With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants - and weare committed to it. India\'s largest digital lending story is brewing here. It\'s your opportunity to be a part of the story!

Paytm