Manager, Accounts Payable Full Time

Headquartered in India, its flagship product, the PhonePe digital payments app, was launched in Aug 2016. As of April 2025, PhonePe has over 60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40+ million) merchants. PhonePe also processes over 33 Crore (330+ Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.

PhonePe’s portfolio of businesses includes the distribution of financial products (Insurance, Lending, and Wealth) as well as new consumer tech businesses (Pincode – hyperlocal e-commerce and Indus AppStore Localized App Store for the Android ecosystem) in India, which are aligned with the company’s vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

Culture:

At PhonePe, we go the extra mile to make sure you can bring your best self to work, Everyday!. And that starts with creating the right environment for you. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. PhonePe-rs solve complex problems and execute quickly; often building frameworks from scratch. If you’re excited by the idea of building platforms that touch millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!

Job Title: Manager – Finance (Indirect Cost Analysis & Reporting)

Location: Bangalore

Department: Finance

Role Summary:

We are seeking a dynamic and experienced Senior Manager to lead a team of 18 finance professionals. The role involves overseeing AP Operations, Indirect cost finalization, variance analysis, Balance Sheet Review and comprehensive financial reporting across monthly, quarterly, and annual cycles. The ideal candidate will possess strong stakeholder management skills and a proven track record in driving process improvements within a finance function.

Key Responsibilities:

• Lead and manage a team, ensuring high performance and professional development.
• Finalize indirect costs, accruals and ensure accurate allocation across business units.
• Review and analyse indirect cost variances, providing actionable insights.
• Oversee monthly, quarterly, and yearly financial reporting, ensuring timeliness and accuracy.
• Collaborate with key stakeholders including entity controllers, business leaders, and business finance teams.
• Drive continuous process improvements to enhance efficiency and accuracy in financial operations.
• Ensure compliance with internal controls and financial policies.
• Support audits and respond to queries related to AP Operations, indirect costs and reporting.
• Balance sheet schedules review & clearing open items

Qualifications & Experience:

• Chartered Accountant (CA)
• 5+ years of relevant experience in finance, with at least 3 years in a managerial role.
• Good understanding of indirect cost accounting, accruals, balance sheet and variance analysis.
• Proven experience in stakeholder management and cross-functional collaboration.
• Excellent analytical, communication, and leadership skills.
• Proficiency in financial systems and tools

PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)

• Insurance Benefits – Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
• Wellness Program – Employee Assistance Program, Onsite Medical Center, Emergency Support System
• Parental Support – Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
• Mobility Benefits – Relocation benefits, Transfer Support Policy, Travel Policy
• Retirement Benefits – Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
• Other Benefits – Higher Education Assistance, Car Lease, Salary Advance Policy

Our inclusive culture promotes individual expression, creativity, innovation, and achievement and in turn helps us better understand and serve our customers. We see ourselves as a place for intellectual curiosity, ideas and debates, where diverse perspectives lead to deeper understanding and better quality results. PhonePe is an equal opportunity employer and is committed to treating all its employees and job applicants equally; regardless of gender, sexual preference, religion, race, color or disability. If you have a disability or special need that requires assistance or reasonable accommodation, during the application and hiring process, including support for the interview or onboarding process, please fill out this form.

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