Business Finance Manager

About Paytm India

Paytm allows Indians to open a bank account, pay bills, recharge prepaid mobile, and more all in just one app. Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants, and online platforms. 

Your role

About Team :

• The Business Finance team partners with the business team to drive growth sustainably.
• The team drives efficiency in the investment being made to drive topline and business metrics.
• Focus remains on improving margins and minimizing financial risks by understanding the key business drivers, analyzing key financial metrics, providing value add analysis, support to sales/finance management (variance analysis, budget analysis, financial forecasting, etc)

About the role:

• Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to concern teams.

Training, development & rotations

The Learning & Development team at Paytm focuses on building and maintaining a competitive talent advantage. Whether they want to focus on their need-based learning or career-enhancing upskilling, Paytm also offers an Employee Learning Reimbursement Policy that compensates for any skill certification of choice. They have introduced several upskilling online programs that have been conducted for employees covering both functional and behavioral aspects.

Salary & benefits

The annual salary for this role ranges from INR 7.0 to 9.0 LPA (Source: Ambition box). The benefits offered by the company are as follows:

• Accident, health, life, and occupational accident insurance
• Employee stock option plans (eg INR2.5 billion in 2020)
• Flexible leave policy and working hours
• Gratuity and performance bonus
• Lifestyle discounts (eg mobile phone)
• Paid holidays and unpaid extended leave
• Maternity, paternity, and sick leave
• Vacation and paid time off

Career progression

A collaborative output-driven program that brings cohesiveness across businesses through technology. Improve the average revenue per use by increasing the cross-sell opportunities. A solid 360 feedback from your peer teams on your support of their goals. Respect, that is earned, not demanded from your peers and manager

Work-life balance

It has a good Inclusive work environment and provides the opportunity for all its employees, globally to work flexibly with work-from-home options.

Culture & vibe

Paytm expects its employees to meet or exceed annual performance metrics. Otherwise, they would need to leave the company. Each year, approximately 5% to 10% of Paytm’s workforce belongs to the low-performing group. The company had to let go of up to 700 underperforming employees in 2020, after giving them two months to find work. Insiders claim that high expectations can drive everyone on edge.

About you

To apply for this position, you must have the following eligibility criteria:

Expectations/ Requirements:

• Planning:
  • Work with business and finance leaders in building the annual operating plan and departmental budgets
  • Develop comprehensive project plans to evaluate new business proposals
• Reporting:
  • Prepare, review, and analyze financial statements to ensure accuracy and completeness
  • Track project/department performance to analyze the successful completion of short and long-term plans
• Controlling:
  • Work with general accounting functions, including, but not limited to accounts payable, accounts receivable, and taxes; assess current practices and procedures, and make recommendations for the improvements
  • Help with quarterly and year-end financial audit activities and the annual corporate financial controls audit
• Business Partnering:
  • Act as a central finance POC for respective departments/business segments
  • Coordinate with cross-functional teams for compatibility and pacing of all aspects of ongoing projects

Superpowers/ Skills that will help you succeed in this role:

• Qualified as Chartered Accountant with 0 to 2 years of progressive accounting experience
• Thorough knowledge of Ind AS/GAAP
• Excellent verbal and written communication abilities across all levels of an organization
• Cohesively work with a lot of people, across functions and teams every day
• Advanced Microsoft Excel skills and experience with other financial systems such as SAP.

Education: CA

How to apply

To apply for this role, just click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted.