M1 Manager - Financial Operations
- Compensation
- Not disclosed
- Location
- Not listed
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Not specified
- Experience
- 7+ years
- Category
- Not specified
- Posted
Skills
Must have
- Educational Background:
- • Postgraduate degree (MBA/M.Com/CA/CFA) preferably in Finance, Accounting, or related field
- • Professional certifications in Finance/Risk Management/Regulatory Compliance highly preferred
- • Executive education or leadership development programs preferred
- Senior Professional Experience:
- • 13-15+ years of comprehensive experience in financial operations, payment processing, and regulatory compliance
- • Minimum 7-8 years of proven experience in senior leadership roles with P&L responsibility
- • Deep strategic expertise in RBI guidelines, regulatory frameworks, and payment industry evolution
- • Extensive experience in managing RBI audits, regulatory inspections, and compliance assessments
- • Comprehensive hands-on experience with enterprise payment gateways, complex escrow management, and strategic dispute resolution
- • Strong background in large-scale PPI business operations, advanced reconciliation frameworks, and settlement optimization
- • Demonstrated experience in strategic partnerships with multiple card networks, UPI ecosystem, and emerging payment technologies
- Strategic Leadership & Management:
- • Proven ability to provide visionary leadership and strategic direction for large departments (15+ senior professionals)
- • Experience in enterprise-level strategic planning, budget management, and resource allocation across multiple verticals
- • Strong track record in organizational transformation, change management, and operational excellence initiatives
- • Demonstrated success in executive-level stakeholder management and board-level reporting
- • Experience in driving large-scale automation initiatives, technology partnerships, and digital transformation
- Advanced Technical Skills:
- • Expert-level proficiency in advanced analytics, enterprise reporting tools, and strategic financial modeling
- • Deep understanding of enterprise payment processing systems, regulatory technology, and compliance platforms
- • Comprehensive knowledge of banking operations, international settlement frameworks, and regulatory requirements
- • Experience with AI/ML applications in financial operations, predictive analytics, and automation platforms
- • Understanding of enterprise architecture, API ecosystems, and advanced reconciliation technologies
- Core Leadership Competencies:
- • Exceptional strategic thinking and visionary leadership capabilities
- • Outstanding executive communication, presentation, and negotiation skills at board level
- • Ability to drive multiple complex strategic initiatives under pressure with enterprise-wide impact
- • Advanced regulatory expertise and policy development experience
- • Strategic process optimization and automation leadership
Full description
About the Team:
The Financial Operations team at PayU is a dynamic group of finance professionals, data analysts, and process specialists who ensure the smooth functioning of our payment ecosystem. Our team culture emphasizes:
Collaboration & Innovation: We work cross-functionally with Technology, Risk, Compliance, and Business teams to solve complex financial challenges
Continuous Learning: Regular upskilling in regulatory changes, new payment methods, and emerging technologies
Data-Driven Excellence: We leverage advanced analytics and automation to enhance operational efficiency
Accountability & Ownership: Each team member takes pride in maintaining the accuracy and integrity of financial operations
Growth-Oriented Environment: Clear career progression paths with opportunities to lead larger teams and strategic initiatives
As M1 Manager - Financial Operations, you'll be mentoring junior team members, and collaborating with senior leadership on strategic financial operations decisions.
About the Role:
Join the executive leadership of our world-class Financial Operations team at PayU Payments and shape the strategic direction of financial excellence across India's most innovative digital payment ecosystem. Our Financial Operations team represents the pinnacle of operational sophistication, driving enterprise-wide financial strategy, regulatory leadership, and operational transformation across all payment verticals. We are seeking a visionary Associate Director - Financial Operations to join our executive team in Gurgaon, where you'll lead a comprehensive organization of finance professionals, technology specialists, and compliance experts to establish industry-leading reconciliation frameworks, drive strategic automation initiatives, influence regulatory policy, and maintain PayU's position as the benchmark for financial operations excellence while ensuring seamless compliance with evolving RBI guidelines and spearheading next-generation operational innovations.
Responsibilities: Strategic Team Leadership & Financial Operations:• Provide executive leadership and strategic direction for a department of 18-25 senior professionals across all reconciliation verticals• Drive enterprise-wide reconciliation strategy for transactions, reports, and funds across all payment channels and business verticals• Establish strategic frameworks for comprehensive escrow accounts management aligned with evolving RBI guidelines on Payment Aggregators (PA), Payment Aggregator Cross Border (PA-CB), and Bharat Bill Payment System (BBPS)• Architect sophisticated 3-way reconciliation ecosystems for UPI transactions (Switch/CBS/NPCI) with predictive analytics• Lead strategic oversight of reconciliation operations for all card networks including RuPay, Visa, Mastercard, and emerging payment methods• Drive comprehensive bank reconciliation strategy for all escrow accounts with risk-based monitoring frameworks• Ensure strategic settlement optimization and fund availability management across all issuer banks and financial partners Regulatory Compliance & Strategic Reporting:• Lead preparation and strategic oversight of Monthly, Quarterly, and Annual reports as per RBI Master Direction for PA, PA-CB, and BBPS• Manage RBI Audits and Regulatory Audits