Associate Director, Accounting Job in Phonepe

Job Title: Financial Controller - Lending Business

About PhonePe Group

PhonePe is India s leading digital payments company with 500 million registered users and 37 million merchants, covering over 99% of India s postal codes. Leveraging its leadership in digital payments, PhonePe has expanded into financial services such as insurance, mutual funds, stock broking, and lending. Additionally, PhonePe has ventured into adjacent tech-enabled businesses like Pincode for hyperlocal shopping and the Indus App Store, India s first localized app store. The PhonePe Group offers a portfolio of businesses aligned with the company s vision of enabling every Indian to unlock financial progress and access services.

Culture

At PhonePe, we deeply care about ensuring you give your best every day. We empower our people and trust them to do the right thing. Here, you ll own your work from start to finish from day one. If you re passionate about technology and enjoy building innovations that impact millions, collaborating with the best minds in the country, and executing your dreams with purpose and speed, join us!

About the Role

We are seeking a Financial Controller to lead the financial operations of our Lending business. This role requires a highly skilled individual with deep expertise in the NBFC lending landscape and exceptional financial management, accounting, and compliance knowledge. The ideal candidate will have 10+ years of experience, including 5+ years exclusively within Banks, NBFCs, or Fintech NBFCs, with a proven track record of building and leading high-performing finance teams.

Responsibilities

• Financial Leadership: Provide strategic leadership and direction to the accounting team, ensuring accurate and timely financial reporting.
• Compliance & Regulations: Lead the accounting function to ensure adherence to Ind AS/IFRS and relevant regulations. Stay updated on accounting regulations, standards, and best practices, ensuring compliance with applicable laws and regulations.
• Financial Reporting & Controls: Oversee monthly/periodic book closure activities, focusing on timely and accurate reporting. Implement and maintain robust internal controls. Lead internal and external audits, working closely with auditors to ensure compliance.
• Financial Planning & Analysis: Oversee budget forecasting, variance analysis, and financial performance reporting. Provide insightful analysis and strategic recommendations to drive business growth.
• Team Leadership: Mentor and develop a high-performing finance team.

Qualifications

• Mandatory: Chartered Accountant (CA) with 10+ years of experience exclusively within Banks, NBFCs, or Fintech NBFCs.
• Deep expertise in Ind AS/IFRS, tax regulations, and financial reporting. Exposure to US GAAP is highly desirable.
• Strong understanding of the NBFC regulatory framework and RBI guidelines.
• Exceptional analytical, problem-solving, and decision-making skills.
• Excellent communication and presentation skills.
• Proficiency in financial software (e.g., Oracle).
• Demonstrated leadership and team management skills.

PhonePe Full-Time Employee Benefits

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

Why Work at PhonePe

Working at PhonePe is a rewarding experience. With great people, a work environment that thrives on creativity, and the opportunity to take on roles beyond your defined job description, PhonePe offers a chance to grow your career in an innovative, dynamic company.