Senior Manager, Controllership

PhonePe Group is seeking a Senior Manager, Controllership to join their team in Bengaluru. PhonePe is a leading digital payments company in India with a vision to offer every Indian an equal opportunity to accelerate their progress.

The Senior Manager, Controllership will be responsible for managing the monthly book closure process, preparing consolidated financial statements, and ensuring compliance with accounting standards and regulatory requirements. The ideal candidate will be a Chartered Accountant with 8 to 9 years of relevant experience and a strong understanding of accounting principles.

Responsibilities:

• Manage and oversee the monthly book closure process, ensuring accuracy and timeliness.
• Prepare Consolidated financial statements and reports ensuring accurate intercompany reconciliations and eliminations.
• Prepare and review balance sheet reconciliations, income statement analysis, and variance analysis.
• Support in cross charge activities between the group companies. Coordinate with various departments to gather and verify financial data.
• Ensure compliance with relevant accounting standards (Ind AS) and regulatory requirements.
• Identify and resolve discrepancies and issues related to the general ledger/chart of accounts
• Support in general ledger functions, ensuring accuracy, timeliness, and compliance with company policies and accounting standards.
• Coordinate with external auditors during audits and provide necessary documentation and explanations.
• Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy.
• Collaborate with cross-functional teams to streamline accounting processes and systems.
• Participate in system upgrades and implementations, ensuring smooth transitions and minimal disruptions.
• Lead preparation of quarterly and annual financial statements in line with Ind AS requirements.
• Independently handle audit of financial statements by one of the Big4 firms.

Requirements:

• Chartered Accountant (CA) with 8 to 9 years of relevant experience.
• Strong understanding of accounting principles, IFRS/GAAP, and financial reporting.
• Proficiency in accounting software and ERP systems.
• Strong communication and interpersonal skills.

What PhonePe Offers:

• Insurance Benefits (Medical, Critical Illness, Accidental, Life)
• Wellness Program (Employee Assistance, Onsite Medical Center, Emergency Support)
• Parental Support (Maternity/Paternity Benefits, Adoption Assistance, Day-care Support)
• Mobility Benefits (Relocation, Transfer Support, Travel Policy)
• Retirement Benefits (PF, Gratuity, NPS, Leave Encashment)
• Other Benefits (Higher Education Assistance, Car Lease, Salary Advance)