Live opening · Posted 8 days ago
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About the role
Description supplied by the original job listing.
Designation: Vice President (Group
Financial Controller)
Location: Chennai
Experience:
12+ years
Who Are We?
M2P
Fintech is a leading Banking Technology Platform, shaping the future of digital
finance. Established in 2014 and headquartered in Chennai, we have a strong
footprint across 30+ countries in Asia-Pacific, the Middle East & Africa
(MEA), and Oceania.
At the forefront of next gen fintech, we drive innovation in banking, lending,
and payments infrastructure. Powering global fintech transactions, our
comprehensive technology stack enables seamless banking solutions, lending
platforms, Buy Now Pay Later (BNPL) services, customized credit cards, prepaid
cards, and more.
About the Role
M2P
Fintech is looking for a Financial Controller to own
the day-to-day and month-to-month financial engine of the group — the accuracy
of the books, the movement of cash, and the health of working capital. The
focus is on actuals controls, liquidity, compliance, and the operational rigour
that keeps a fast-scaling, regulated fintech financially sound.
Success looks like clean books, an audit
that closes without surprises, cash that is always visible and optimally
deployed, and working capital that funds growth rather than constraining it.
This is a chance to own the financial
backbone of a company that is redefining how the world builds financial
products — at the exact stage where controllership, treasury, and
working-capital rigour make the difference between scaling well and scaling painfully.
You will build the systems, controls, and cash discipline that a
soon-to-be-public, global fintech runs on.
What Will You Do in this Role
Financial Controllership &
Accounting Operations
·
Own the integrity of the
general ledger and the group's books of account across all legal entities, in
compliance with Ind AS.
·
Run a fast, reliable month-end,
quarter-end, and year-end close with clear ownership of reconciliations,
accruals, provisions, and cut-offs.
·
Manage accounting for a
platform business — revenue recognition across SaaS subscriptions, platform and
transaction fees, and interchange/settlement-linked income, including deferred
and unbilled revenue.
·
Consolidate financials across a
multi-entity, multi-geography group (including acquired entities), managing
inter-company transactions, eliminations, and alignment of accounting policies.
·
Standardise and document the
chart of accounts, accounting policies, and close calendar so the function
scales cleanly as the group grows.
Treasury & Cash Management
·
Own group-wide cash and
liquidity — a live view of positions across all entities, banks, and
currencies, ensuring cash is safe, visible, and productively deployed.
·
Manage the operational treasury
of a regulated payments business: nodal, escrow, and settlement account
structures, segregation and safeguarding of client and merchant settlement
funds, and float management in line with regulatory expectations.
·
Own daily settlement and
interchange cash flows tied to card networks and bank partners, ensuring
funding, reconciliation, and timely settlement.
·
Manage banking relationships
across partner and operating banks — account structures, mandates, transaction
banking, and service levels.
·
Run multi-currency treasury
across India, MENA, SEA, and US — currency positioning, cross-border funding of
entities, and FX risk management within FEMA and applicable cross-border
regulations.
·
Manage surplus deployment and
cash-runway visibility, alongside debt servicing, covenant compliance, and
lender reporting for existing facilities (including venture / structured debt).
Working Capital Management
·
Own the group's working-capital
cycle end to end — receivables, payables, and the cash conversion cycle — and
drive continuous improvement in each.
·
Manage receivables from bank,
NBFC, fintech, and enterprise clients: billing accuracy, collections
discipline, DSO reduction, ageing control, and resolution of disputes and
unapplied receipts.
·
Manage ven
Experience
12 - 17 Years
Employment type
Full Time
Work arrangement
No
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