Associate Director , Finance
Razorpay
8 - 10 years
Bengaluru
Posted: 04/06/2025
Job Description
Razorpay was founded by Shashank Kumar and Harshil Mathur 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.
Roles and Responsibilities:-
- Oversee the P2P (Procure-to-Pay) and R2R (Record-to-Report) processes at Razorpay, ensuring strategic alignment and efficient financial operations impacting the P&L and Balance Sheet for group companies.Drive finance automation initiatives through SAP S/4HANA and other financial tools to enhance accuracy and efficiency. Manage ITGC and ITAC audits in collaboration with Big Four auditors.
- Supervise accounting and reconciliation of Escrow and customers money movement across multiple business units, ensuring timely Balance Sheet reconciliation and month-end closures.
- Manage key vendor relationships, oversee the Accounts Payable (AP) team and treasury accounting team, and collaborate with internal stakeholders and business partners.
- Ensure timely completion of Statutory and Internal Audits, taking ownership of auditprocesses for group entities and ensuring adherence to defined timelines.
- Analyse unit economics, drive cost optimization, and provide actionable financial insights to support strategic decision-making.
- Oversee cost center and profit center accounting, ensuring accurate cost allocation and financial reporting.Conduct in-depth monthly P&L and Balance Sheet reviews, including preparing
review decks and performing variance analysis to track financial performance.
Mandatory Qualifications:-
- Proven track record in process improvement and driving continuous efficiency enhancements in financial operations.
- Strong interpersonal, communication, and leadership skills, with the ability to collaborate across teams.
- Expertise in ERP systems (SAP experience preferred)
- Prior experience in core finance, controllership, or financial automation is highly desirable.
- Chartered Accountant (CA) with 8+ years of post-qualification experience in R2R, P2P, ERP implementation, & finance automation.
About Company
Razorpay is a leading Indian fintech company offering a full-stack financial infrastructure platform for businesses. It provides solutions like payment gateway, payroll, current accounts, and working capital loans, enabling businesses to manage their money flow end-to-end.
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