Finance Executive, AR at PhonePe

Bengaluru, Karnataka, India

PhonePe Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Requirements

  • Expertise in Bank Reconciliation and Accounts Receivables processes
  • Experience in AR invoicing, debtors reconciliation, and ageing report preparation
  • Accounting knowledge
  • Strong communication and analytical skills
  • Proficient in MS Excel
  • Qualifications: B.Com / M.Com / MBA
  • Prior experience in the Fintech industry is preferred
  • 1 to 3 Years of experience

Responsibilities

  • (Not explicitly listed in the job description)

Skills

Key technologies and capabilities for this role

Bank ReconciliationAccounts ReceivableAR InvoicingDebtors ReconciliationAgeing ReportMS ExcelAccounting

Questions & Answers

Common questions about this position

Is this a remote role or does it require office presence?

The role requires working at the PhonePe Office in Bangalore.

What skills are required for the Accounts Receivable & Bank Reconciliation Specialist role?

Expertise in Bank Reconciliation and Accounts Receivables processes is needed, along with experience in AR invoicing, debtors reconciliation, ageing report preparation, accounting knowledge, strong communication and analytical skills, and proficiency in MS Excel.

What is the company culture like at PhonePe?

PhonePe empowers people, trusts them to do the right thing, and allows ownership of work from day one. They foster an environment for solving complex problems quickly, building frameworks from scratch, and promoting individual expression, creativity, innovation, intellectual curiosity, ideas, debates, and diverse perspectives.

What are the benefits for this position?

PhonePe Full Time Employee Benefits are not applicable for this contract role.

What qualifications and experience make a strong candidate for this role?

Candidates need 1 to 3 years of experience, qualifications of B.Com / M.Com / MBA, and prior experience in the Fintech industry is preferred.

PhonePe

Digital payments and financial services platform

About PhonePe

PhonePe is a digital payments platform in India that allows individuals and businesses to conduct financial transactions securely and efficiently. It primarily operates through the Unified Payments Interface (UPI), enabling users to transfer money directly between bank accounts using their mobile phones. PhonePe differentiates itself by offering a wide range of services, including various insurance products and investment solutions, while maintaining a user-friendly interface and strong security measures. The company's goal is to make digital payments accessible to the next billion users in India, positively impacting the country's financial ecosystem.

Bengaluru, IndiaHeadquarters
2015Year Founded
$1,823.7MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Consumer Software, Fintech, Financial ServicesIndustries
5,001-10,000Employees

Benefits

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, Mobile & Broadband Reimbursements, Salary Advance Policy

Risks

Increased competition in quick commerce could dilute PhonePe's market share.
Legal challenges like trademark infringement lawsuits may increase costs and damage brand.
Market cap restrictions in India's digital payments sector could impact PhonePe's valuation.

Differentiation

PhonePe integrates with ONDC, expanding into quick commerce beyond traditional payments.
Affordable insurance products like Dengue and Malaria plans attract health-conscious customers.
Proprietary solutions development enhances control over payment processes post-Juspay partnership termination.

Upsides

IPO and new funding round could expand services and market reach.
Manish Sabharwal's appointment strengthens governance and investor confidence.
Integration with ONDC positions PhonePe as a leader in digital marketplace services.

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