The Job logo

What

Where

Reconciliation- Assistant Manager

ApplyJoin for More Updates

You must Sign In before continuing to the company website to apply.

JOB DESCRIPTION

About Us:

Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.

 

About the team: 

Paytm is witnessing a broad growth across our platform as we continue to register increased adoption of our lending products, Paytm Postpaid (BNPL), merchant loans and personal loans. Lending business is driven by data science and analytics, providing data driven solutions

 

About the role:

We are looking for self-motivated individuals to be part of our Finance team to drive the reconciliations which include Lender, Finance and Collection reconciliation

Expectations/Requirements:

1.     Performing daily reconciliations - B2C Collections, Merchant Payouts, Overall Nodal reconciliation, etc.

2.     Highlighting recon open items to internal stakeholders and Banks for taking them to closure

3.     Escalating to reporting manager as per SOP

4.     Daily and monthly Recon MIS reporting

5.     Creation of SOPs for existing recon issues

6.     Providing suggestion for recon process improvements and automation to reporting manager

 Superpowers that will help you succeed in this role:

1.     3-6 years of experience in transaction level reconciliations domain.

2.     Bachelor’s/Master’s degree in business management, finance, operations, or any related field.

3.     Love for simplifying along with problem solving mind set.

4.     Knowledge of Fintech/ Payments / BFSI/ Lending domain.

5.     Ability to take internal and external stakeholders along.

Education:

MBA Finance

Why join us :

 Because you get an opportunity to make a difference, and have a great time doing that.

You are challenged and encouraged here to do stuff that is meaningful for you and for those we serve.

We are successful, and our successes are rooted in our people's collective energy and unwavering focus on the customer, and that's how it will always be

Compensation:

If you are the right fit, we believe in creating wealth for you

With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!

Set alert for similar jobsReconciliation- Assistant Manager role in Noida, India
Paytm Logo

Company

Paytm

Job Posted

9 months ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 years

Category

Finance

Locations

Noida, Uttar Pradesh, India

Qualification

Bachelor

Applicants

Be an early applicant

Related Jobs

Paytm Logo

Reconciliation- Assistant General Manager

Paytm

Noida, Uttar Pradesh, India

Posted: 9 months ago

JOB DESCRIPTION About Us: Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.   About Team : This team improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to concerned teams.   About the role: We are looking for self-motivated individuals to be part of our Finance team to drive the reconciliations which include Lender, Finance and Collection reconciliation Expectations/Requirements: 1. Weekly recon - Lender, Finance. Internal 2. Creation of SOPs for existing recon issues 3. Prioritization of recon issues and tracking the same, stake holder management 4. Discussions with Product on automation of the recon process and improvements and fixes needed. 5. Tracking recon automation and fixes 6) Monthly dashboard of recon issues fixed - temp and permanent   Superpowers that will help you succeed in this role: 1. 10+ years of experience in reconciliations 2. Bachelors degree in business, Technology, economics, mathematics or any related field. 3. Love for simplifying 4. Knowledge of Fintech/ BFSI/ Lending domain 5. Well verse with digital reconciliations in Finance/Lending/Collections. 6. Ability to take internal and external stakeholders along Education: Must be a qualified CA. Why join us :  Because you get an opportunity to make a difference, and have a great time doing that. You are challenged and encouraged here to do stuff that is meaningful for you and for those we serve. We are successful, and our successes are rooted in our people's collective energy and unwavering focus on the customer, and that's how it will always be Compensation: If you are the right fit, we believe in creating wealth for you With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!

Paytm Logo

Internal Audit - Assistant Manager

Paytm

Greater Noida, Uttar Pradesh, India

Posted: 9 months ago

JOB DESCRIPTION About Us: Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.   About Team : The Internal Audit team at Paytm comprises seasoned professionals with diverse skill sets and experience across different verticals like process audits, technology audits and forensics. The team focuses on implementing the approved audit plan, ensuring delivery of qualitative audits and conducting internal / special reviews while leveraging technology & data analytics and gauging key risks across business processes.   About the role: 1. Accountable for delivering and supporting a flexible risk based audit plan that provides independent assurance and opinions with impact 2.Engaging with Functional Heads across the department to lead, resource and agree audit engagements, audit universe, risk assessments  with a  “one IA” team approach 3.Define and maintain the audit universe capable of informing and supporting the annual plan, and review all audit deliverables for coverage, quality and positioning 4.Produce and contribute to entity reports and opinions which successfully influence executive management to manage risk prudently within the 5.Company’s/Board risk appetite. 6.Ensure effective continuous monitoring is undertaken in support of entity assurance & planning, to input to and deliver periodic Opinions to divisions and entities as required 7.Champion and direct audit methodology for quality audit execution and be responsible for ensuring that all engagements comply with the audit methodology and leverages the tools available 8.Ensure that the strategic and operational risks across your business entity are sufficiently understood in order that an appropriate audit plan can be built and delivered 9.  Ensure the production of effective engagement reports across your business entity which influence business managers to manage risk prudently within their risk appetite   10.Ensure efficient delivery of the Audit Plan and that engagements across your business entity are delivered to budget and on time thereby ensuring maximum productivity of your resources to deliver audit assurance 11.Align assurance coverage across IA and work as one team, also aligning work to other assurance providers/ audit partners, handle the proactive identification and effective management and/or escalation of conduct risk to deliver key customer outcomes 12.Comply with Our Code, all Paytm Group policies and deliver against all relevant statutory, regulatory, supervisory and legal obligations, escalating concerns where appropriate   Superpowers/ Skills that will help you succeed in this role   Manage day-to-day activities within risk appetite and display risk practices and behaviors consistent with a risk culture where risk is simply part of the way we work and think   The Skills That You Need : 1.  Knowledge about the relevant business areas/products and related risks within complex financial services organization. 2. Understands the regulatory requirements relating to the business areas / products and the Audit Function 3. Good understanding of Risk Management, The Control Framework, and 4. Governance Processes in order to identify any control weaknesses and provide ongoing assurance 5. Display behaviors in line with Our Standards   Professional Qualification :  Chartered Accountant, preferably with CIA, CISA qualification     Why join us 1.  A collaborative output driven program that brings cohesiveness across businesses through technology 2.  Improve the average revenue per use by increasing the cross-sell opportunities 3.  A solid 360 feedback from your peer teams on your support of their goals 4. Respect, that is earned, not demanded from your peers and manager   Compensation: If you are the right fit, we believe in creating wealth for you With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!

Paytm Logo

Growth Management - Assistant General Manager - Onboarding

Paytm

Noida, Uttar Pradesh, India

Posted: 9 months ago

JOB DESCRIPTION About Us: Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants and online platforms. The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services. One97 Communications Limited that owns the brand Paytm is founded by Vijay Shekhar Sharma and is headquartered in Noida, Uttar Pradesh. Its investors include Softbank, Ant Financial, AGH Holdings, SAIF Partners, Berkshire Hathaway, T Rowe Price and Discovery Capital.   About the team: Being one of the largest payment platforms in the country, we aim to not only ensure a seamless experience, but also a delightful journey for our customers. We strive to enrich the customer experience by making every transaction transparent, honest, and hassle-free. The app product team ensures to deliver an outstanding user experience to the Paytm Customers by understanding the user, discerning their use patterns, and designing an app that meets their user's needs. This team is responsible for Onboarding & Activation of new users and Reactivation of existing users.   About the role: Paytm is looking for a growth manager for accelerating the core growth metrics and user numbers. If you are passionate about mobile and web apps with a penchant towards marketing campaigns, love extreme attention to content & design detail and care about how your work impacts millions of users daily, we want you! The incumbent will be responsible for driving growth and executing CLM campaigns for the App Onboarding team.   Expectations: ●        End-to-end customer life-cycle management. ●        Monitor funnel metrics (CTR, Reach & Conversion rate) and implement growth hacks through optimizing user experience, content, messaging and communication optimization to reduce leakages in the funnel. ●        Work closely with the Product Management, Central CLM, Tech, Marketing, Design, Content, PR & ATL teams. ●        Ensure optimum utilization of growth tools and adoption of best practices. ●        Execute data based experiments on driving growth. ●        Manage profit & loss at CASHBACK level. ●        Be a brand ambassador for Paytm – Stay Hungry, Stay Humble, Stay Relevant!   Superpowers that will help you succeed in this role: ●        MBA in Marketing/Business Analytics with 6+ years of experience ●        Prior experience in South & West region and regional languages: Kannada / Telugu / Marathi ●        Knowledge of Growth metrics in a growing startup and strong background in using data analytics tools including Google Analytics, SQL & Big Query ●        Prior experience in Growth / Product Marketing roles in a fast-paced consumer technology company   Why join us? With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!   Compensation: If you are the right fit, we believe in creating wealth for you