Manager, Finance

Razorpay is one of India’s leading full-stack financial technology companies, powering the way businesses move, manage, and grow money. Founded in 2014 by Harshil Mathur and Shashank Kumar with a simple vision - to simplify payments for Indian businesses - we’ve since grown into a fintech powerhouse driving India’s digital payment revolution.

Razorpay powers millions of businesses with a smarter, scalable stack that goes beyond transactions to help them truly build and grow.

From building AI-native agentic payments, to AI-assisted fraud detection and real-time risk intelligence to automated reconciliation, smart payouts, and predictive financial insights, we are embedding intelligence across our stack to make money movement faster, safer, and more efficient. In close collaboration with ecosystem partners - including banks, networks, regulators - we are pioneering industry-first solutions that are shaping the next era of fintech

Across India, Singapore and Malaysia, our products span everything from seamless checkouts to payroll automation - powering a fintech ecosystem that’s redefining how money moves across Asia.

Today, that ecosystem supports everyone from early-stage startups to some of India’s largest enterprises, enabling them to accept, process, and disburse payments at scale while expanding into new ways of managing money more efficiently.

Our scale speaks volumes: Razorpay processes $180+ billion in annualized transactions, powering leading businesses like Airbnb, Facebook, WhatsApp, Airtel, CRED, BookmyShow, Zomato, Swiggy, Lenskart, Mirae Asset Capital markets, Indian Oil, National Pension Scheme - and over 100 of India’s unicorns. With strong roots in India and growing operations in Southeast Asia, we are shaping the next chapter of financial technology across the region.

We are backed by global investors including GIC, Peak XV Partners (formerly Sequoia Capital India & SEA), Tiger Global, Ribbit Capital, Matrix Partners, MasterCard, and Salesforce Ventures, having raised over $740 million to date. Strategic acquisitions - including Ezetap (POS and offline payments), Curlec (Malaysia expansion), BillMe (digital invoicing), and POP (rewards-first UPI) - along with earlier moves in fraud prevention, payroll, and lending, have further strengthened our platform and widened our footprint across Asia.

But what truly sets Razorpay apart is our culture. At Razorpay, ownership is our oxygen - you own what you build, with no micromanagement or red tape, just the runway to make your ideas fly. Learning is a lifestyle - if you’re curious, you’ll feel at home here. People > Pedigree - we hire for attitude, hustle, and hunger more than degrees. Transparency thrives over titles - this is where interns question CXOs and CXOs say “thank you.” Guided by our values of Customer First, Autonomy & Ownership, Agility with Integrity, Transparency, Challenging the status quo and a strong belief that Razorpay grows with Razors,  you’ll be part of a 3000+ strong team building not just products, but the financial infrastructure of the future.

We are hiring a finance leader to own Revenue Accounting and Accounts Receivable for a high-volume fintech / payment gateway business. This role will manage merchant billing, settlements, gateway collections, and revenue recognition, ensuring accuracy, compliance, and strong financial controls across millions of transactions.

The role will act as the finance bridge between Product, Engineering, Banks, and Business teams, ensuring revenue flows, settlement data, and SAP S/4HANA books are fully aligned.

Key Responsibilities 

• Merchant Billing, Settlements & Accounts Receivable. Own end-to-end merchant billing, settlements, and collections
  Ensure accurate fee computation, MDR, refunds, reversals, and chargebacks
  Manage merchant ledgers, unapplied balances, net-off and recovery
  Track over-settlements, short settlements, and recovery accounting .Revenue Accounting (Payments & Fintech)
• Ensure revenue is booked in line with Ind AS 115 / IFRS 15 for:
• Transaction-based fees
• Gateway MDR
• Platform and subscription revenue 
• Incentive, cashbacks, and merchant pricing
• Own gross vs net revenue validation across payment rails
• Manage deferred revenue, un billed revenue, and true-ups
  
  

SAP S/4HANA – Payments Revenue Flow

Own SAP S/4HANA FI-AR, SD, and Revenue Accounting for fintech revenue
Ensure settlement files, bank credits, and product data flow correctly into SAP
Drive automation of reconciliation between:
Gateway → Bank → Settlement → SAP → Merchant Ledger
Handle posting failures, revenue mismatches, and suspense accounts

Reconciliation & Controls

Lead daily and monthly:

I) Bank vs settlement vs SAP vs merchant ledger reconciliations

II) Refunds, chargebacks, and reversal tracking

Ensure zero revenue leakage and timely recovery
Monitor open items, ageing, and disputes

Audit, Compliance & Risk

Own revenue and AR audit for statutory, internal, and regulatory reviews
Provide support for RBI / payment audit, SOC, and SOX controls
Maintain strong SOPs, controls, and documentation

Cross-functional Ownership

Partner with Product & Tech on pricing logic, fee rules, and system changes
Work with Banking, Ops, and Merchant Support for after sale services

Mandatory Qualifications :

CA / MBA Finance
5 – 6+ years in Revenue, AR, or Finance Operations, preferably in Fintech, Payments, SaaS, or E-commerce
Strong hands-on experience with SAP S/4HANA
Good  understanding  AI tools to improve accuracy and efficiency in revenue reconciliation, anomaly detection, and reporting. Actively explores AI-driven insights to strengthen revenue assurance processes

I) Payment gateway settlements

II) High-volume transaction accounting

Solid working knowledge of Ind AS 115 / IFRS 15
GST and TDS reconciliations

Key Skills

Fintech revenue and settlement accounting
SAP S/4HANA (FI-AR, SD, RAR)
Bank & gateway reconciliation
Data-driven problem solving
Strong control mindset and audit readiness
Ability to work with Product, Tech, and Banking partners