The Role
Lead finance control and governance activities: enforce SOPs, identify and remediate control gaps, manage critical reconciliations (bank, GL, settlement, suspense), oversee SAP and ERP controls including SoD and access, support audits and compliance, drive automation and process improvements, produce Finance Control MIS, and coordinate cross-functionally.
Summary Generated by Built In
Manager – Finance Controls & Governance
Location: Mumbai, India
Experience: 5–10 Years
Qualification: CA / CMA / MBA (Finance)
About the Role
We are looking for an experienced Finance professional to join our team as Manager – Finance Controls & Governance. This role is responsible for strengthening the Finance control environment by ensuring adherence to internal policies, monitoring financial and system controls, overseeing critical reconciliations, and driving governance across finance processes.
The ideal candidate will have strong expertise in financial controls, ERP governance, reconciliations, audit management, and process improvement, with the ability to collaborate across Finance, Technology, Compliance, and Operations teams.
Key Responsibilities-
1. Financial Controls & Governance
Ensure adherence to approved Finance SOPs, policies, and internal control frameworks.
Monitor key financial processes to identify control gaps, risks, and improvement opportunities.
Conduct periodic control reviews and ensure timely implementation of corrective actions.
Drive process standardization, automation, and continuous improvement initiatives.
Strengthen governance practices to ensure finance processes remain compliant, efficient, and audit-ready.
2. Reconciliations & Exception Management
Oversee critical reconciliations, including:
Bank Reconciliations
General Ledger (GL) Reconciliations
Settlement Accounts
Suspense Accounts
Monitor ageing of unreconciled items and ensure timely resolution of exceptions.
Investigate recurring reconciliation issues and implement preventive controls.
Prepare and publish periodic dashboards on reconciliation status, ageing, and control exceptions.
3. SAP & Financial Systems Controls
Monitor SAP financial controls, master data governance, and accounting configurations.
Review user access, Segregation of Duties (SoD), and maker-checker controls in collaboration with Technology teams.
Monitor system interfaces, manual journal entries, reversals, exception reports, and suspense accounts.
Participate in User Acceptance Testing (UAT) for ERP enhancements and system upgrades.
Ensure financial controls remain effective across SAP and other finance systems.
4. Audit, Compliance & Risk Management
Perform periodic control testing and compliance reviews.
Support Internal Audit, Statutory Audit, and Regulatory inspections by providing required documentation and audit evidence.
Track and ensure timely closure of audit observations and control deficiencies.
Escalate significant control breaches, operational risks, and compliance issues to management.
Maintain complete documentation and audit trails for all key finance control activities.
5. MIS & Cross-functional Collaboration
Prepare Finance Control MIS, governance reports, and management dashboards.
Coordinate with Treasury, Operations, Compliance, Technology, and Product teams to resolve finance control issues.
Support finance transformation initiatives by promoting automation and technology-driven controls.
Provide insights and recommendations to enhance operational efficiency and strengthen the overall control environment.
Candidate Profile:
- Education :
Chartered Accountant (CA)
Cost & Management Accountant (CMA)
MBA (Finance)
-Experience :
5–10 years of relevant experience in:
Finance Controls
Internal Controls
Finance Operations
Audit
ERP Governance
Experience in Financial Services, FinTech, Broking, NBFC, or Banking will be preferred.
-Success Measures:
The successful candidate will be expected to:
Achieve 100% adherence to Finance SOPs and internal control processes.
Ensure timely completion of critical reconciliations and reduce ageing of outstanding items.
Close audit observations and control deficiencies within agreed timelines.
Maintain effective SAP access governance, Segregation of Duties (SoD), and system controls.
Drive automation initiatives to reduce manual interventions and improve operational efficiency.
Deliver accurate and timely Finance Control MIS with zero material control failures.
Location -
Mumbai, India
Candidates based in Mumbai or willing to relocate are encouraged to apply.
Skills Required
- Chartered Accountant (CA) or Cost & Management Accountant (CMA) or MBA (Finance)
- 5-10 years relevant experience in finance controls, internal controls, finance operations or audit
- Experience in ERP governance and SAP financial systems controls
- Hands-on experience with reconciliations: bank, GL, settlement, and suspense accounts
- Experience managing Segregation of Duties (SoD), user access reviews, and maker-checker controls
- Experience supporting internal, statutory, and regulatory audits and closing audit observations
- Ability to drive process standardization, automation, and continuous improvement initiatives
- Experience participating in User Acceptance Testing (UAT) for ERP enhancements and upgrades
- Experience in Financial Services, FinTech, Broking, NBFC, or Banking
- Strong cross-functional collaboration with Technology, Compliance, Treasury, Operations and Product teams
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The Company
What We Do
Paytm started the Digital Revolution in India. And we went on to become India’s leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their stores. And that’s not all, Paytm App is used to Pay bills, do Recharges, Send money to friends & family, Book movies & travel tickets. With innovations to Financial services & products in pipeline, this is but one of the milestones achieved towards our mission – to bring 500 million unserved and underserved Indians to the mainstream economy.
