Revenue Assurance Process Re-Engineering
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Job Summary
Job Description: Process Re-engineering - Revenue Assurance
About Us
Paytm is Indias leading mobile payments and financial services distribution company. As a pioneer of the mobile QR payments revolution in India Paytm builds technologies that help small businesses with payments and commerce. Paytms mission is to serve half a billion Indians and bring them into the mainstream economy using technology.
The Process Engineering - Revenue Assurance role is focused on designing optimizing and implementing robust processes to minimize revenue leakage and enhance operational efficiency within the Finance and Revenue Assurance functions. This role moves beyond standard reconciliation by identifying systemic weaknesses streamlining controls and automating operational tasks to ensure the highest degree of revenue accuracy and compliance.
Revenue Assurance Process Optimization
Reconciliation Engineering: Drive the engineering of robust timely and automated processes for conducting regular reconciliations of transaction data from multiple sources (e.g. payment gateways internal platforms partner systems).
Anomaly Detection: Develop processes for continuously monitoring and analyzing transaction patterns to proactively detect and flag anomalies and discrepancies in revenue streams.
Systemic Leakage Prevention: Design and implement automated controls and processes to prevent revenue leakage and fraud across various platforms and transaction types.
Billing & Invoicing Automation: Ensure the accuracy and efficiency of billing and invoicing processes through process standardization and automation.
Cost-Benefit Analysis: Establish processes for the consistent and accurate analysis of product-wise income versus cost.
Operational Process Flow: Analyze and optimize daily financial operation processes including payment processing settlements and commission/incentive payments.
Control Implementation: Implement and maintain strong internal process controls to manage financial risks associated with digital transactions.
Audit Support: Develop structured processes for supporting internal and external audits efficiently.
Partner Reconciliation Process: Design scalable reconciliation processes with partner banks and aggregators.
Data Strategy: Define and standardize how large datasets are analyzed to identify process-related trends and patterns in revenue leakage.
Tool Proficiency: Leverage ERP tools (specifically SAP) and advanced data analysis tools (e.g. Excel SQL data visualization tools) to analyze process performance and drive automation.
Performance Reporting: Prepare systematic reports on the performance of revenue assurance and finance operations processes.
Experience:Minimum 8-12 years of experience in Revenue Assurance controllership or a relevant process engineering role.
Technical Knowledge: Strong knowledge of Revenue Assurance methodologies Accounting financial analysis MIS reporting.
Automation Approach: Tech driven/ Automation to be leveraged for day to day work transactions
Ownership & Initiative:Spotting and owning the end conclusion of identified initiatives demonstrating full accountability from problem identification through successful implementation.
Cross-Functional Collaboration: Proven ability to drive and ensure cross-functional collaboration works effectively to align process changes across technology product and finance teams.
Strategic Thinking: Ability to think systemically and apply a process engineering mindset to complex financial and operational problems.
Accuracy & Precision: Highest standards of accuracy and precision required for process design and implementation.
Communication: Excellent verbal and written communication skills to articulate complex process flows and required changes to diverse stakeholders.
Why Join Us:
A collaborative output-driven program that brings cohesiveness across businesses through opportunity to improve the average revenue per use by increasing the cross-sell opportunities.A solid 360-degree feedback from your peer teams on your support of their that is earned not demanded from your peers and manager.
If you are the right fit we believe in creating wealth for you. You will be part of Indias largest digital lending story leveraging 500 million registered users and 21 million merchants.
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Key Skills
- ASC 606
- Hotel Experience
- Hospitality Experience
- GAAP
- Accounting
- Revenue Management
- Pricing
- Analysis Skills
- Salesforce
- SOX
- ERP Systems
- NetSuite
About Company
Paytm started the Digital Revolution in India. And we went on to become Indiaâs leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their s ... View more
