The Finance team at PayU India is a dynamic and growing organization that plays a critical role in supporting the company's rapid expansion and strategic initiatives. As part of the Group Financial Controller's organization, the Financial Reporting team leads the Control, Compliance, Audit, and Tax agenda across all group entities. Our team is responsible for ensuring robust financial controls, accurate reporting, and regulatory compliance as we scale our operations. We work collaboratively with cross-functional teams including Legal, Compliance, Internal Audit, and various business units to maintain the highest standards of financial integrity and transparency. The team is also actively involved in preparing the organization for significant milestones including IPO readiness.
About the Role
We are seeking a Director - Financial Reporting & Consolidation to join our India Business team in Mumbai. This role will provide strategic leadership for our consolidation and financial reporting functions, driving excellence in financial reporting while ensuring compliance with both global and local regulatory requirements. The successful candidate will report to the Group Financial Controller and will be responsible for building and scaling our financial reporting capabilities as the business grows. This position offers significant opportunity to shape complex accounting strategies, lead financial statement preparation initiatives, drive statutory compliance excellence, and implement enterprise-wide internal controls. The role involves leading relationships with multiple stakeholders including external auditors, senior management teams, and regulatory bodies to ensure seamless financial operations and strategic reporting.
Responsibilities:
Lead the preparation and review of Quarterly and Annual Consolidated Financial Statements and Standalone Financial Statements for Group Companies to meet global and statutory requirements as per IFRS and Indian GAAP
Drive timely and accurate financial reporting excellence and manage comprehensive statutory audit processes
Lead accounting treatment decisions for new and complex transactions, including development of accounting policies and providing strategic guidance on accounting & reporting matters across the Group
Drive the comprehensive revamping of Financial Statements and processes to ensure IPO readiness and regulatory compliance
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Manage relationships with external auditors and coordinate cross-functional teams to ensure compliance within expected timelines
Lead the development and implementation of process documentation and Risk Control Matrix (RCM) for all Group Companies for IFC/ICFR Compliance
Oversee IFC/ICFR compliance programs and ensure timely remediation of identified gaps through strategic action plans
Direct control testing activities and provide strategic guidance to internal audit teams
Lead presentations to Audit Committee on critical Accounting, Financial Reporting, and Controls matters
Drive the design, development, and implementation of business processes and accounting policies to strengthen internal controls framework
Lead collaboration with Company Secretary team for Board Meetings, Annual General Meetings, MCA forms and filings
Drive strategic projects related to business development and transformation of finance processes
Lead strategic initiatives around legal entity structure changes and business restructuring
Champion opportunities for process automation and digitization of financial reporting processes
Build, mentor, and lead a high-performing financial reporting team
Drive cross-functional partnerships with business units to support strategic decision-making
Lead budget planning and resource allocation for the financial reporting function
Requirements:
10-15 years of progressive leadership experience in financial reporting, accounting, and compliance, preferably in fintech, banking, or technology companies
CA/CPA/ACCA qualification or equivalent professional accounting certification
Extensive experience in digital payments, fintech, or technology sector preferred
Expert knowledge of Indian GAAP, IFRS, and US GAAP with proven application in complex scenarios
Comprehensive understanding of Indian regulatory requirements including Companies Act, FEMA, RBI guidelines, and listing regulations
Proven experience leading SOX compliance, internal financial controls (IFC), and enterprise risk management frameworks
Advanced proficiency in ERP systems (SAP/Oracle preferred), financial reporting tools, and process automation technologies
Strong strategic thinking and business acumen with exceptional analytical and problem-solving abilities
Excellent leadership and communication skills in English and Hindi with proven ability to influence senior stakeholders
Demonstrated experience managing relationships with external auditors, regulators, and C-level executives
Proven track record of leading multiple strategic projects simultaneously with competing priorities
Strong people leadership experience with ability to build, develop, and retain high-performing teams
Experience driving organizational change and process transformation initiatives
Ability to excel in a fast-paced, dynamic environment while managing changing strategic priorities
Exceptional ethical standards and commitment to maintaining confidentiality at the highest levels
Strategic mindset with proactive approach to anticipating regulatory changes and industry best practices
Proven ability to drive cross-functional collaboration and build strong business partnerships across different geographies
Experience with IPO preparation or other major corporate transactions preferred
Strong commercial acumen with ability to provide strategic financial insights to business leaders
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.com
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
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