Finance Manager (Payments)

Treasury & Cash ManagementFD for NDC – Event BasedExecute/renew Fixed Deposits (FD) as required for NDC; maintain documentation and accounting entries.

Coordinate with banks; track maturity, lien, and interest accounting.NDC Funding – T+3Ensure funding requests are processed within T+3; maintain supporting schedules and approvals.

Fund Movement – OngoingInitiate and monitor fund movement from Collection A/c to Escrow per daily inflows/outflows and compliance thresholds.

Maintain maker–checker controls and audit trail.

• Prefunding Requirement
• Daily Monitoring
• Track prefunding levels and trigger top-ups to avoid transaction failures; maintain daily MIS.All Bank Account Monitoring
• Ongoing
• Monitor balances, holds, charges, interest, and unusual activity across collection, escrow, NDC, and FD-linked accounts.
• Accounting & Reconciliations
• Bank Reconciliation
• Daily
• Perform daily bank reconciliations for all PPI-linked accounts; clear open items, investigate variances, and pass rectification entries.

Accounting in SAP – OngoingPost daily journals, accruals, reversals, inter-account transfers, and settlement entries in SAP.Maintain GL hygiene, proper cost center tagging, and monthly close schedules.

Income Booking & Payment Upload – OngoingBook interchange/fee income, process payment uploads, and ensure correct TDS/GST implications.

Coordinate with Ops for settlement files; validate and post entries. Invoicing & GST ComplianceBill of Supply – OngoingPrepare and issue Bill of Supply/invoice for eligible PPI services; ensure proper tax positions.

Interchange Income GST Validation & Invoicing – MonthlyValidate monthly interchange income, apply correct GST rate & place-of-supply, and issue invoices.

• Reconcile with gateway/acquirer statements; manage credit notes, amendments, and GSTR linkages.GST Filing
• Monthly
• Prepare workings (B2B/B2C, RCM if any), reconcile with books, and support timely GSTR filings with proofs and trail.
• Regulatory & Compliance
• RBI Quarterly Escrow Certificate
• Quarterly
• Prepare workings and documentation for RBI-mandated Escrow certificate; coordinate with bank/auditor for issuance.

Maintain evidence of compliance with PPI guidelines (utilization, settlement timelines, permitted debits/credits).

Assist in preparation of Net Worth Certificate. Controls, Audit & MISMaintain maker–checker controls across fund movements and postings.

Prepare daily/weekly/monthly MIS on balances, prefunding, recon breaks, invoice status, and compliance calendars.

Support internal/external audits, respond to queries with schedules and evidence.

Drive process improvements (automation of reconciliations, templates in SAP, standard SOPs).