Razorpay

Executive, Finance

Job Description

<div class="content-intro"><p><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">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/&amp;source=gmail&amp;ust=1660290870959000&amp;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/&amp;source=gmail&amp;ust=1660290870959000&amp;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.&nbsp;</span></p> <div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">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/&amp;source=gmail&amp;ust=1660290870959000&amp;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/&amp;source=gmail&amp;ust=1660290870959000&amp;usg=AOvVaw2ymFZuuzdG2i4lPyqQYP5I"> Razorpay Capital</a>).&nbsp;</span></div></div><p><strong>Objectives of this role</strong></p> <ul> <li>Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts</li> <li>Communicate discrepancies to the management team, identify slow-paying customers, and recommend collection candidates</li> <li>Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts</li> <li>Assist in streamlining the accounts receivable process by identifying areas for performance improvement</li> <li>Exercise integrity and confidentiality in financial reporting, and comply with national and local financial requirements</li> </ul> <p><strong>Responsibilities</strong></p> <ul> <li>Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.</li> <li>Raising invoices from SAP and Tally daily&nbsp;and accounting for the same.</li> <li>Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger</li> <li>Monitor and collect accounts receivable by contacting clients via telephone, email</li> <li>Prepare analytical and ratio analyses relevant to A/R so management can gain a better understanding of how collection efforts are progressing</li> <li>Support other accounting and finance team members in all areas.</li> <li>Uploading sales invoices in the customer portal and following up with clients on collection on a weekly level.</li> <li>AR Statements or reports are to be circulated to internal and external stakeholders.</li> <li>Reconciliation of our books of accounts with client ledger accounts.</li> <li>Reconciliation of Finops reports with Books of accounts.</li> </ul> <p><strong>Required skills and qualifications</strong></p> <ul> <li>Strong mathematical skills</li> <li>Understanding of basic principles of finance, accounting, and bookkeeping</li> <li>Superb time management and detail orientation</li> <li>Proficiency with Google Drive</li> <li>Ability to keep company and partner confidence</li> <li>Proficiency with the commonly used accounting ERP systems, Tally, and SAP.</li> </ul> <p><strong>Preferred skills and qualifications</strong></p> <ul> <li>Associate’s degree or equivalent with 1-2 plus years experience.</li> <li>Experience in accounts receivable</li> <li>Experience in driving process improvement</li> </ul><div class="content-conclusion"><div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;"><span id="m_2989597180337834284gmail-m_4972969247898306296gmail-docs-internal-guid-3a65a3c2-7fff-88ff-9e94-8ab11a050d04">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. </span><br></span></div> <div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">&nbsp;</span></div> <div class="gmail_default"><span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;"><span id="m_2989597180337834284gmail-m_4972969247898306296gmail-docs-internal-guid-3d0a9248-7fff-a2fd-6fa3-5026f85768d7">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/&amp;source=gmail&amp;ust=1660290870959000&amp;usg=AOvVaw0f6sCrv8Ce3IHBvN2Sev8Z">LinkedIn</a> &amp; <a href="https://twitter.com/Razorpay" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://twitter.com/Razorpay&amp;source=gmail&amp;ust=1660290870959000&amp;usg=AOvVaw0ViuP9uutFg1qFCm2nHeh1">Twitter</a></span></span></div></div>


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