Finance Manager - Payments

Role Overview

We are seeking an experienced Finance Manager specializing in Payments to join our Maharashtra office. This role involves comprehensive treasury management, accounting, compliance, and reporting related to payment operations within the organization.

Key Responsibilities

• Manage treasury functions including cash management and execution of Fixed Deposits (FD) for NDC events, ensuring accurate documentation and accounting.
• Liaise with banks to track FD maturity dates, liens, and interest calculations.
• Ensure timely processing of NDC funding requests within a T+3 timeframe, maintaining all relevant approvals and schedules.
• Oversee daily fund movements from collection accounts to escrow, maintaining strict maker–checker controls and audit trails.
• Monitor daily prefunding requirements to prevent transaction failures and prepare daily MIS reports.
• Continuously review bank account activities including balances, holds, charges, and suspicious transactions across collection, escrow, NDC, and FD-linked accounts.
• Conduct daily bank reconciliations for all PPI-linked accounts, resolving discrepancies and posting necessary rectifications.
• Perform daily accounting tasks in SAP including journal entries, accruals, reversals, inter-account transfers, and settlement processing while ensuring GL cleanliness and correct cost center allocations.
• Manage income booking and payment uploads, ensuring compliance with TDS and GST regulations and collaborating with operations for settlement validations.
• Prepare and issue Bills of Supply or invoices for eligible PPI services and handle monthly interchange income GST validation, invoicing, and reconciliation.
• Support monthly GST filing by preparing necessary reconciliations and documentation compliant with relevant laws.
• Coordinate the preparation and submission of RBI quarterly escrow certificates, maintaining compliance with PPI guidelines.
• Assist in preparing Net Worth Certificates as required.
• Maintain strong internal controls, support audits, provide detailed MIS reports on finances and compliance, and drive process improvements including automation and optimization of SAP processes and SOPs.

Necessary Qualifications & Eligibility

Candidates with relevant finance experience in payments treasury management, accounting systems (preferably SAP), and GST compliance are encouraged to apply.