Finance Control & Governance Manager

Role overview

Finance Control & Governance Manager at Paytm

The role acts as the first line of defense within Finance to ensure financial processes are accurate, compliant, well-governed, and audit-ready.

Responsibilities

• Monitor key financial processes and identify control gaps and improvement opportunities.
• Drive process standardization, automation, and continuous improvement initiatives. 2.
• Monitor ageing of unreconciled items and ensure timely closure of exceptions.
• Publish periodic dashboards on reconciliation status and control exceptions. 3.
• Review user access, Segregation of Duties (SoD), and maker-checker controls in coordination with IT.
• Monitor system interfaces, exception reports, manual journal entries, reversals, and suspense accounts.
• Support audits by providing control documentation, system evidence, and audit trails.
• Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve control issues.

Preferred qualifications and skills

• Preferred Qualifications & Experience Chartered Accountant (CA), CMA, or MBA (Finance). 5-10 years of experience in Finance Controls, Internal Controls, Audit, Finance Operations, or ERP Governance.
• Experience in Financial Services, FinTech, Broking, or Banking preferred.

Employment details

• Location: Mumbai [Maharashtra]

Additional role details

• Manager - Finance Controls & Governance Role Purpose To strengthen the Finance control environment by ensuring adherence to approved SOPs, monitoring financial and system controls, overseeing reconciliations, and driving timely resolution of exceptions.
• Key Responsibilities 1.
• Financial Controls & Governance Ensure adherence to approved Finance SOPs, policies, and internal control frameworks.
• Conduct periodic control reviews and ensure timely implementation of corrective actions.
• Reconciliations & Exception Management Oversee critical reconciliations, including bank, GL, settlement, and suspense accounts.
• Investigate recurring reconciliation breaks and recommend preventive controls.
• SAP & Financial Systems Controls Monitor SAP financial controls, master data governance, and accounting configurations.
• Participate in UAT for ERP enhancements and ensure financial controls remain effective. 4.
• Audit, Compliance & Risk Perform periodic control testing and compliance reviews.
• Track closure of Internal Audit, Statutory Audit, and Regulatory observations.
• Escalate significant control breaches and operational risks to management. 5.
• MIS & Stakeholder Management Prepare Finance Control MIS and management dashboards.
• Promote automation and technology-driven controls to reduce manual interventions.
• Working knowledge of SAP FI/CO (ECC or S/4HANA), financial systems, and ERP controls.
• Key Competencies Financial Controls & Governance Reconciliations & Exception Management SAP/ERP Controls Internal Controls & Risk Management Process Improvement & Automation Analytical & Problem-Solving Skills Stakeholder Management Strong Communication & Attention to Detail Success Measures (KPIs) 100% adherence to Finance SOPs and control processes.
• Timely completion of critical reconciliations and reduction in ageing items.
• Closure of audit observations and control deficiencies within agreed timelines.
• Effective SAP access governance, SoD compliance, and system control monitoring.
• Reduction in manual processes through automation and enhanced system controls.
• Accurate and timely Finance Control MIS with zero material control failures.