Assistant Manager - Financial Operations
Mumbai
Credit – Credit - Operations /
Full-time /
Hybrid
About PayU
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers.
As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day.
Roles & Responsiblities
- Reconcile LMS repayments with bank statements for direct credits via various modes of transfer from customers.
- Identify and Monitor Open lines/Non-Settled Repayment entries and conduct follow-up actions to facilitate a prompt resolution with Partners.
- Assist auditors with Process flow, Documentation and Reconciliation Data.
- Monitor and reconcile disbursements, Identify Discrepancies, Investigate mismatches between ledger records and bank statements, alerting necessary parties and working with departments to resolve outstanding issues.
- Maintain accurate records of reconciliation activities, prepare monthly reconciliation reports, and ensure that all reconciliations comply with relevant policies and standards.
- Identify areas to enhance the reconciliation process for efficiency and accuracy and assist in system upgrades or process adjustments.
- Oversee Banking Operations as per the latest Board Resolution of the company.
- Facilitate seamless fund transfers to lenders within specified TAT whilst complying with policies and regulations ensuring minimal no of records in Open lines.
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 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 of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and 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 PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities or the LGBTQ communities.
