Razorpay

Associate Director - Finance

Posted On

Dec. 23, 2024

Location

Bangalore, Karnataka

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Jan. 11, 2025

Job Description

<div class="content-intro">Razorpay was founded by<a href="https://www.linkedin.com/in/kumarshashank/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/kumarshashank/&source=gmail&ust=1660290870959000&usg=AOvVaw1H2eeqfjnUDt3iT_Cg-jfh"> Shashank Kumar</a> and<a href="https://www.linkedin.com/in/harshilmathur/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/harshilmathur/&source=gmail&ust=1660290870959000&usg=AOvVaw3k1sK1wrIz5HKLsZA8-mTC"> Harshil Mathur</a> in 2014. Razorpay is building a new-age digital banking hub (Neobank) for businesses in India with the mission is to enable frictionless banking and payments experiences for businesses of all shapes and sizes. What started as a B2B payments company is processing billions of dollars of payments for lakhs of businesses across India.  <div class="gmail_default">We are a full-stack financial services organisation, committed to helping Indian businesses with comprehensive and innovative payment and business banking solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business. Over the past year, we've disbursed loans worth millions of dollars in loans to thousands of businesses. In parallel, Razorpay is reimagining how businesses manage money by simplifying business banking (via<a href="https://razorpay.com/x/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://razorpay.com/x/&source=gmail&ust=1660290870959000&usg=AOvVaw0ab_bX0WbaTqedmVsyWBbZ"> Razorpay X</a>) and enabling capital availability for businesses (via<a href="https://razorpay.com/capital/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://razorpay.com/capital/&source=gmail&ust=1660290870959000&usg=AOvVaw2ymFZuuzdG2i4lPyqQYP5I"> Razorpay Capital</a>). </div></div>Location: Bengaluru (On-site) Reporting to: Head of Core Finance (POS, Engage & International Business) Role Overview: As an Associate Director - Finance, you will drive financial excellence by managing revenue controllership, automating financial processes, and fostering strong stakeholder relationships. This is a team leadership role, where you will manage a high-performing team of 6-7 finance professionals, including 2-3 Chartered Accountants, ensuring alignment with business goals for POS, Engage, and International verticals. Key Responsibilities: I. Stakeholder Management: <ul> <li>Partner with business leaders to align financial strategies with operational objectives. Assist in business decision making.</li> <li>Act as a trusted advisor, providing insights through robust financial analysis and reporting.</li> <li>Proactively engage with cross-functional teams to ensure seamless execution of financial plans.</li> </ul> II. Revenue Controllership: <ul> <li>Oversee revenue recognition processes, ensuring compliance with accounting standards (GAAP) and organizational policies.</li> <li>Monitor and strengthen internal controls to mitigate risks and enhance financial accuracy.</li> <li>Lead periodic reviews of financial performance and recommend improvement strategies.</li> <li>Nodal and escrow related processes and accounting</li> <li>Assist with process implementations, preparation, and adherence to key control activities.</li> <li>Help in building a strong cost assurance function - analysis on direct costs and ascertain possible avenues for optimization of costs and work closely with the banking teams in driving negotiations for cost reduction</li> </ul> III. Process Automation: <ul> <li>Drive innovation by identifying and implementing automation tools to streamline revenue processes.</li> <li>Enhance efficiency and accuracy in financial reporting through technology-driven solutions.</li> </ul> IV. Team Leadership: <ul> <li>Manage, mentor, and develop a team of 6-7 finance professionals, including Chartered Accountants.</li> <li>Foster a collaborative and performance-driven culture within the team.</li> <li>Set clear goals, provide regular feedback, and ensure continuous professional development.</li> </ul> Mandatory Qualifications: <ul> <li>Educational Background: Chartered Accountant (CA) with at least 10 years of relevant work experience.</li> <li>Industry Knowledge: In-depth understanding of the digital payments business (online and offline channels).</li> <li>Technical Expertise: Strong knowledge of GAAP and financial reporting standards.</li> <li>Business Acumen: Prior experience in business-facing roles with demonstrated ability to influence and collaborate with senior stakeholders.</li> <li>Leadership: Proven ability to manage and lead high-performing teams.</li> </ul> Preferred Skills: <ul> <li>Experience in a fintech or high-growth technology environment.</li> <li>Proficiency in financial automation tools and ERP systems like SAP.</li> </ul>  <div class="content-conclusion"><div class="gmail_default">Razorpay believes in and follows an equal employment opportunity policy that doesn't discriminate on gender, religion, sexual orientation, colour, nationality, age, etc. We welcome interests and applications from all groups and communities across the globe. </div> <div class="gmail_default"> </div> <div class="gmail_default">Follow us on <a href="https://www.linkedin.com/company/razorpay/mycompany/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/company/razorpay/mycompany/&source=gmail&ust=1660290870959000&usg=AOvVaw0f6sCrv8Ce3IHBvN2Sev8Z">LinkedIn</a> & <a href="https://twitter.com/Razorpay" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://twitter.com/Razorpay&source=gmail&ust=1660290870959000&usg=AOvVaw0ViuP9uutFg1qFCm2nHeh1">Twitter</a></div></div>

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