About Us: Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid -Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and
Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.
About the team: Paytm payment gateway enables thousands of online merchants to offer world class frictionless payment experience to their customers. We are present across large enterprises, startups and SMEs including well known unicorns alike. We strive to take payments beyond an enabler and an instrument to drive revenue and user growth for our merchants. Online Payment Gateway is Paytm’s B2B Business regulated by RBI as it allows only authorized
entities to conduct PA PG (Payment Aggregator Payment Gateway) business.
About the Role: We are looking for a person for finance & operations who have an experience from a fintech company or any related entity and can deal or manage the high volume data.
Expectations/ Requirements:
1. 6 to 8 years Experienced in Digital Payments /E-commerce or similar industry.
2. Knowledge of money movement in case of digital payments transactions w.r.t. complete
flow including payment gateway receipts and merchant settlements.
3. Experience of accounting entries and GL movement for digital payments transactions
4. Good understanding on Payment and Settlement System, dispute / charge back, Banking
Operations & Solution, Reconciliation, Merchants settlement, etc.
5. Reconcile the merchant/aggregator payments to payable vs paid
6. Process Automation, implementation & enhancement of new & existing Aggregators
7. Providing Innovative inputs to the automation wherever necessary.
8. Analysing the Exceptions that are found while carrying the reconciliation.
9. Work with the Tech team for fixing Payments, Refund and Settlement issues
10. Assisting in preparing the Daily/Weekly reports to management.
11. Must have efficient in MS Office and SAP.
12. Tracking of funds on a real-time basis & Reviewing daily merchant Pay-out reports and take actions accordingly.
Superpowers/ Skills that will help you succeed in this role:
1. Responsible for managing Finance processes and ensuring compliance as per defined Policies/guidelines.
2. Should have good business, communication and analytical skills and be able to work with stakeholder at all level
3. Start-up acumen - strong work ethic, flexibility, willingness to get hands dirty and a 'get tuff done attitude
4. Sound business judgment and ability to multi-task while working in a fast-paced Environment.
5. Good analytical skills.
Education: CA
Why join us: We give immense opportunities to make a difference and have a great time doing that. You are challenged and encouraged here to do meaning work for yourself and customers/clients. We are successful, and our successes are rooted in our people's collective energy and unwavering focus on the customer, and that's how it will always be.
Compensation: If you are the right fit, we believe in creating wealth for you. With enviable 500mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the
story.
