P3 Assistant Manager - Finance (AP)

About the Team

PayU’s Finance Organisation oversees the financial health of the business across multiple entities, covering financial reporting, tax, treasury, FP&A, and financial operations. Within this broader organisation, the Accounts Payable & Finance team is a high-ownership function responsible for end-to-end AP operations, including domestic vendor payments, foreign payments, Inter-company transactions, employee claims, invoice processing, reconciliations, reporting, and month-end activities. The team works closely with CPT - central procurement team, Treasury, Tax, FP&A, Finance Controllers, employees, vendors, auditors, and other stakeholders to ensure accurate and timely payments, strong process controls, and compliance across PayU entities. The team also supports internal, statutory, tax, and other audits, providing required schedules, documentation, and reports on time. It is a fast-paced environment where precision matters, deadlines are critical, and the team’s work directly supports efficient business operations and financial control.

About the Role

As Assistant Manager – Finance, you will manage and contribute to end-to-end AP operations for PayU entities, including processing, approvals, payments, reconciliations, ageing, and month/year-end activities. You will drive AP process automation through AI-enabled dashboards, automated exception handling, reporting, and payment tracking, reducing manual effort and improving process efficiency. Working with internal teams, vendors, auditors, and technology partners, you will strengthen controls, enhance visibility, and maintain audit-ready AP processes.

Responsibilities:

• Drive continuous improvement across end-to-end AP processes for PayU entities, including processing, approvals, payments, reconciliations and reporting.
• Identify process gaps, eliminate bottlenecks, and standardize AP workflows, SOPs, and controls
• Lead AP automation initiatives using AI-enabled dashboards, reporting, exception handling, and payment tracking
• Improve invoice validation, approval monitoring, reconciliation, and ageing management
• Develop dashboards and KPIs to monitor process performance, turnaround time, exceptions, and pending items
• Streamline PR/PO, invoice, payment, and vendor-management processes to reduce manual effort and errors
• Analyse recurring issues, perform root-cause reviews, and implement sustainable corrective actions
• Coordinate with internal teams, vendors, Treasury, FP&A, auditors, and technology partners to improve process outcomes
• Strengthen controls over invoice booking, GST, RCM, TDS, payments, reconciliations, and intercompany transactions
• Support month-end and year-end closing through standardised schedules, trackers, and automated reporting
• Maintain audit-ready documentation and ensure adherence to approved policies and procedures
• Prepare AP MIS and management reports highlighting trends, risks, improvement opportunities, and action plans
• Drive measurable improvements in invoice ageing, advance ageing, payment turnaround time, and overall AP efficiency

Requirements:

• Bachelor’s degree in Commerce (B.Com) or Master’s degree in Commerce (M.Com); CA Inter or equivalent qualification preferred
• 5–7 years of relevant experience in Accounts Payable, finance operations, process improvement, or automation
• Strong experience with SAP FI/MM or comparable ERP systems
• Advanced Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, and Macros; Power BI or dashboarding experience preferred
• Good understanding of AP processes, month-end closing, reconciliations, controls, and reporting
• Proven ability to identify process gaps, streamline workflows, and implement automation solutions
• Experience with AI-enabled tools, dashboards, exception management, and data-driven process improvement
• Strong analytical skills, numerical aptitude, and attention to detail
• Effective communicator with the ability to coordinate with internal teams, vendors, auditors, and technology partners
• Self-driven, deadline-oriented, and capable of managing multiple priorities in a fast-paced environment

What we offer?

• A positive, get-things-done workplace
• A dynamic, constantly evolving space (change is par for the course – important you are comfortable with this)
• An inclusive environment that ensures we listen to a diverse range of voices when making decisions.
• Ability to learn cutting edge concepts and innovation in an agile start-up environment with a global scale
• Access to 5000+ training courses accessible anytime/anywhere to support your growth and development (Corporate with top learning partners like Harvard, Coursera, Udacity)

About us:

At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high growth markets the financial services and products they need to thrive. Our expertise in 18+ high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs to offering credit to underserved individuals, to helping merchants buy, sell, and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more at www.payu.in

Our Commitment to Building A Diverse and Inclusive Workforce

As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive, and safe environment, for all our people, communities, and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility, and unbiased attention to every PayUneer so they can succeed, irrespective of gender, color, or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities, or the LGBTQ communities.