Head Finance Controller

About Us

PayU is a global organisation providing the whole gamut of fintech services relating to cutting edge online and mobile payment services (including bill payment services) supported by innovative technological platforms, high functionality, stable development and a wide and constantly extending offering across multiple countries, including India. Additionally, PayU group companies in India are recognised as leading technology and service providers for the financial services industry and specialise in providing, amongst others, transaction authentication services, mobile payments solutions and prepaid payment solutions. PayU India also has consumer facing businesses that include digital/ online credit facilities provided through its NBFC arm and wallets (prepaid payment instruments).

PayU India's B2B and consumer businesses are growing both organically and inorganically and are expected to grow at a rapid pace

Role Description

We are looking for a dynamic Head of Finance Controller to lead the financial strategy and management for the Payments business vertical, our largest revenue vertical. As a strategic business partner to business leadership team, you will drive actions to optimize margins and achieve financial growth while managing the controllership function.

This role will lead key finance functions including budgeting, forecasting, financial reporting, statutory audits, cash flow optimization, balance sheet controls, and payroll operations. The successful candidate will be responsible for maintaining robust internal controls, driving process excellence through automation, and ensuring compliance with all regulatory requirements. The scope of responsibilities will scale with business growth and complexity.

Key Responsibilities

Financial Reporting & Operations

• Lead comprehensive financial evaluations, analyses, and reporting to senior management across multiple levels
• Financial reporting as per IND AS/ IFRS on monthly basis, consolidation and inter company eliminations, statutory audit on quarterly basis, book closure on day 2, support FP&A in analysis of results and drive FCF goals as per budget 
• Establish financial benchmarks, budgets, and standards for weekly/monthly/annual reporting
• Monitor financial health through regular flash reports and MIS updates

Internal Controls

• Develop and enforce policies and controls to safeguard company assets
• Build and maintain financial models and analyses to support leadership decision-making
• Ensure adherence to company financial policies, procedures, and standards
• Implement balance sheet controls and cash flow optimization strategies
• Drive risk mitigation for commercial and financial risks, including process weak points, revenue leakages, and contingent liabilities

Audits & Compliance

• Lead statutory, tax, internal, and external audits
• Ensure compliance with local statutory/legal standards and regulatory requirements (FEMA, MSME, Company Law, PA guidelines, nodal account reconciliation, etc.)
• Serve as a key figure in regulatory dealings and compliance management

Governance

• Adhere to corporate financial policies, governance frameworks, and annual filings
• Monitor compliance with financial reporting controls and board guidelines
• Ensure alignment with statutory obligations

Automation and Process Improvement

• Design and document efficient business processes to strengthen internal controls
• Drive process excellence by building standardized tools and frameworks
• Lead ERP implementation and automation initiatives to enhance productivity and reporting accuracy
• Manage systematic reviews and automate reconciliation processes

Secretarial Responsibilities

• Collaborate with Legal and Secretarial teams on board meeting agendas and filings
• Ensure compliance with governance frameworks

Strategic Projects

• Drive large-scale strategic initiatives around legal entity structure
• Participate in business development initiatives and finance process improvement projects
• Support cross-functional initiatives like pricing decisions, compliance with regulations, and revenue assurance strategies

Ideal Experience

• Qualified CA with 18+ years of experience of which last 8 years must be in technical accounting and controllership.
• Five or more years of experience in a leadership role, managing teams
• Must have understanding of ecommerce/fintech, in a fast-paced, multinational environment.
• Experience of leading the function in listed/IPO bound company, will be preferred
• Working knowledge of national and local tax regulations and compliance reporting
• Experience in managing payroll, with focus on streamlining accounting processes
• The ability to operate at a “high level” as well as a “detailed level”
• Sound analytical and reporting skills; ability to understand complicated topics, apply critical thinking, apply judgment, and make decisions
• Good management judgment, flexibility, and ability to manage multiple priorities
• Excellent communication skills, both written and verbal; comfortable interacting with peer group, senior leadership, and third-party service providers