Senior Manager / Manager Finance Systems & Change Job in Payu

Job Summary

Effective finance systems strategies and implementation thereof. Defining and enforcing automation, product development, enhancing finance systems for two rapidly growing entities in the Payments business of PayU India.

This role would essentially be a product/technology role with experience in finance.

Effective finance systems strategies and implementation thereof. Defining and enforcing automation, product development, enhancing finance systems for two rapidly growing entities in the Payments business of PayU India.

This role would essentially be a product/technology role with experience in finance.

What you will do?

• Managing & driving Finance requirements for technical support around SAP ERP & associated applications; developing solutions in-house for automation priorities in Finance
• Develop understanding of the systems that work at PayU and the needs of the Finance team to be able to find ways to bring efficiency and controls through automation
• Understand complete flow of data (Revenue as well as Costs) from Production systems (PayU Platform) to the Accounting systems (ERP) and design methodologies to reduce / eliminate manual intervention for accounting of the same
• Integrate multiple systems such that they talk to each other to bring controls
• Automate Invoicing and reconciliations for Debtors (PayU merchants)
• Automate GST compliance such that return filing can be managed at a click of a button
• Design and automate reports from the system, team needs on a regular basis
• Work with product and tech teams at PayU to incorporate requirements for the Finance function as new products and biz units are launched
• Act as administrator for various finance systems

What you need to be successful?

• Work experience 6+ years
• Products/development/automation experience in Finance preferred
• Qualifications :
  • Tech, Computer Science/IT
  • Degree in Information technology/Engineering
  • Management degree preferred

About PayU

PayU, the fintech-arm of Naspers, is a leading financial services provider in global growth markets. We use our expertise and heritage in cross border and local payments to extend the services we offer to merchants and consumers. Our innovative technology, developed in-house as well as through investments and strategic partnerships, empowers billions of people and millions of merchants to buy and sell online, extending the reach of financial services.

Our local operations span 50+ growth markets across Asia, Central and Eastern Europe, Latin America, the Middle East and Africa. Here we deliver fast, simple and efficient financial services technology that unlocks access to more than 2.3 billion consumers in our regions.

Regulated under the Reserve Bank of India, PayU India has advanced solutions to meet every digital payment need. The company has an in-depth understanding of the vast and intricate details of the Indian market and its payment landscape. The company brings convenience and trust through continuous innovation leveraging technology.

PayU India forays into two business verticals payment offerings under PayU Payments Services Ltd. and alternate lending under PayU Finance. Headquartered in Sohna Road, Gurgaon, the company has a presence in Mumbai, Pune and Bangalore and has a total strength of 700+ employees. Anirban Mukherjee is the CEO for PayU India working with the global CEO Laurent Le Moal.

Under the aegis of PayU Payments Services Ltd., PayU provides payment gateway solutions to online businesses through its cutting-edge and award-winning technology. In India, PayU covers nearly 60% of the airline business and 90% of the entire e-commerce business and processes over INR 120,000 crores worth of digital payments annually (at current run rates). The company offers more than 70 local payment methods and serves more than 350,000 merchants including leading e-commerce businesses in India. The company also empowers SMBs, enabling them to accept mobile and online payments with minimum development effort.

With credit being the key business priority, PayU has also developed LazyPay, an alternate lending platform to offer credit solutions such as Small Ticket Credit (Buy Now, Pay Later), App based personal loans and Point of Sale Credit (Merchant EMI). Since its launch in 2017, LazyPay has gained significant traction and has disbursed 20mn+ loans to a customer base of a million user.

PayU is bullish on investment opportunities in India. The company has been an aggressive investor, committed to the evolution of fintech in the country. PayU has spent about $250 million over the past three years in Asias third-largest economy and is further scouting for more lucrative investment and acquisition opportunities to fuel growth.

PayUs acquisitions in India include that of Wibmo (April 2019 worth $70 mn) and Citrus Payment Solutions (September 2016 for $130 mn). PayU has also invested in PaySense (July 2018) and ZestMoney (December 2016) in India.