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PayU

Senior Manager - Business Finance & Commercial Strategy

Early Applicant
  • 14 days ago
  • Be among the first 50 applicants
Exp: 3-8 Years

Banking/Accounting/Financial Services

(estd)

Job Description

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 ofProsusgroup, one of the largest technology investors in the world is redefining the way people buy and sell online for our + 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.


About the Role:
Business Finance and Commercial Strategy team is responsible for building an analytical and data driven business finance function and support on the following tasks:
1. Conduct merchant / mode / scheme / bank level commercial analysis and drive the business P&L
2. Drive revenue assurance, identify and optimize the P&L revenue leakages
3. Optimize margins for business units / verticals / merchants / resellers / partners
4. Lead the commercials strategy for business verticals
5. Periodic Financials Reporting (Including Income statement, Profit Contribution Summary, Revenue pacing to meet Forecast or Plan numbers)
6. Build framework for annual operating plan, and conduct periodic budget vs actual variance analysis along with comment
7. Productivity metrics and measurements, Key Performance Indicator (KPI) Metrics analysis
8. Publishing of Management Packs
9. Manage Business Finance for multiple business units including PG, QR, POS etc
10. Periodic Variance Analysis & commentary
Planning & Forecasting: Support the fiscal year planning process by providing historical data and trend information for review. Input plan into firm's planning system and distribute final plan to functional management. Support the preparation of periodic forecasts for management review.

It will largely be an individual contributor role.

Responsibilities:

    • In this role, the individual will need to work very closely with senior stakeholder/s and perform activities associated with the MIS Reporting and Budgeting, Forecasting activities.
    • This will also involve high degree of on-going analytical support and ad hoc reporting.
    • Analyze consolidated results and partners closely with Business head and Vertical Heads to understand variances to budget and historical trends
    • Take ownership of driving the P&L towards Annual Operating Plan
    • Provide financial support to Business/Functions and assist them in decision making
    • Preparation of various Reports to support the Management needs and ensuring timely adherence to deadlines
    • Track and provide insight on business productivity (efficiency saves) and projects driven by business
    • Preparation of monthly Management packs, review decks and getting into discussions with Finance Management, as necessary
    • Working to create and review monthly and quarterly outlook and annual financial plans, including reporting and analysis to explain changes against given baselines
    • Assist in key month end activities including interaction with the Controllers to provide oversight of completeness and accuracy of underlying management information
    • Comply with all departmental/financial operations policies and practices
    • Prepare financial models support the data life cycle in the system
    • Ad-hoc reporting for end users when required

Requirements:

    • Minimum 3-8 years of experience of working in Business Finance / Financial Planning & Analysis (FP&A) / / Financial consulting / Fintech / Payments or any other relevant financial domain
    • Experience of working with senior stakeholders
    • Excellent Business and commercial Acumen
    • Qualification: MBA / Qualified CA
    • Top notch analytical and problem-solving abilities
    • Consulting and communicative capabilities.
    • Strong attention to detail, data integrity and accuracy
    • Strong analytical, organizational and data gathering/documentation skills
    • Strong proficiency in MS Excel & MS PowerPoint
    • Ability to self-manage, work effectively under pressure and meet strict deadlines along with ability to work in bigger teams
    • Excellent communication skills
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 ofProsus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more

Our CommitmentToBuilding A DiverseAndInclusive 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 everyPayUneerso 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.

Date Posted: 11/11/2024

Job ID: 99882149

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About Company

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PayU is a Netherlands-based payment service provider to online merchants. The company was founded in 2002 and is headquartered in Hoofddorp. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. As of 2018, the service is available in 17 countries.The firm is owned by the Naspers Group, which also owns a stake in one of its sister companies, Tencent.

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