Job Title Executive - Finance
Category Finance
Location Mumbai( Lower Parel )
Company SBI Payments
Description Role & responsibilities :


1. Accounting & Invoice Processing


Verify UPI Interchange invoices received from banks/partners against agreed commercials, transaction data, and supporting documents.
Ensure accurate booking of invoices in Sun System, including correct GL codes, cost centers, tax components, and accounting periods.
Coordinate with internal teams and vendors to resolve invoice discrepancies, short/excess billing, and missing information.

2. Provision & Expense Management

Track daily provisions vs. actual invoice bookings to ensure accurate expense recognition.
Pass timely reversal or adjustment entries for excess/short provisions.
Maintain detailed provision trackers to support month-end closing and audit requirements.

3. Shared Services Coordination

Review finance activities processed by the Shared Services team, including expense booking, provisions, and reconciliations.
Validate entries for accuracy, completeness, and compliance with internal policies and SLAs.
Follow up on discrepancies and ensure smooth coordination between business and Shared Services teams.

4. Fixed Assets Accounting

Prepare detailed workings for sale/scrap/disposal of fixed assets, including asset cost, accumulated depreciation, and net book value.
Update depreciation schedules and fixed asset registers post asset movement.
Pass necessary accounting entries and maintain proper documentation for audit purposes.

5. MIS & Reporting

Prepare monthly expense schedules for analysis and monitoring by cost center and expense category.
Analyze trends and highlight variances against budget or previous periods.
Support MIS reporting and provide data for management reviews and audits.

6. Cash & Bank Monitoring

Monitor daily bank balances and support preparation of fortnightly cash flow reports.
Assist seniors in liquidity planning and fund management activities.


7. Audit & Compliance Support

Assist during internal, statutory, and management audits by providing schedules, workings, and explanations.
Ensure compliance with accounting policies, SOPs, and internal control requirements.

Preferred candidate profile


A high level of commitment and self-motivation
Strong integrity, trustworthiness and accountability
Strong analytical and decision-making skills
Salary Not Disclosed
Last Date 2026-03-15 00:00:00
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