Financial Reporting Manager

About Paytm Europe Merchants deserve better from their payments provider: fairer pricing, faster settlement, easier tools, and support from a partner that understands their business. Paytm Europe Payments S.
A. is being established in Luxembourg, backed by One97 Communications Limited, one of India's largest fintech groups, with the ambition of transforming how SMEs across Europe accept and manage payments. Following launch in Luxembourg, the business will expand into Germany, the Netherlands and other European markets. Our success will depend not only on our technology, but on building a strong, scalable organisation around it. Role Purpose The Finance & Reporting Manager will support the CFO in building and managing Paytm Europe's core finance function, with responsibility for financial accounting, statutory and regulatory reporting, tax, treasury and management information. This is a hands-on role requiring strong ownership and the ability to operate effectively in a lean, regulated and fast-growing business..

Key Responsibilities
Accounting & Financial Reporting
- Manage the end-to-end accounting cycle, including general ledger, accounts payable and receivable, fixed assets, accruals, provisions and balance sheet reconciliations.
- Review accounting entries and reconciliations to ensure the accuracy, completeness and integrity of the Company’s financial records.
- Manage monthly, quarterly and annual close processes, ensuring accurate and timely completion.
- Prepare and review financial statements under Lux GAAP and support Group reporting under IFRS, where applicable.
- Oversee the work of the external fiduciaire and other accounting service providers, including preparation of statutory accounts and supporting schedules.
- Regulatory Reporting & Financial Controls
- Coordinate Finance-owned regulatory and prudential reporting to the CSSF and other relevant authorities, including own-funds and applicable financial returns.
- Support the Finance aspects of safeguarding and related reporting and controls concerning client funds, working closely with the Payments Finance & Reconciliation Manager and relevant control functions.
- Develop, implement and maintain financial policies, controls and procedures appropriate to a regulated Payment Institution.
- Ensure appropriate segregation of duties, approval authorities and financial controls are embedded across Finance processes.
- Work closely with Compliance, Risk, Internal Controls and other functions to ensure Finance meets its regulatory responsibilities. Audit
- Act as the principal Finance point of contact for external auditors and coordinate the annual statutory audit.
- Prepare and maintain audit files, supporting schedules and other financial evidence required for audit and assurance activities.
- Coordinate Finance support for internal audit reviews and ensure agreed Finance-related remediation actions are implemented. Tax
- Manage corporate income tax, VAT, withholding tax and other applicable Luxembourg tax obligations, working with external tax advisers as required.
- Ensure tax filings and related payments are accurate and completed within required deadlines.
- Monitor relevant changes in Luxembourg tax and regulatory requirements and assess their financial implications for the Company. Banking, Treasury & Liquidity
- Manage day-to-day banking relationships and Finance activities relating to the Company’s bank accounts.
- Monitor cash positions and maintain cash-flow and liquidity forecasts to ensure appropriate funding of the business.
- Support the CFO in treasury, funding and liquidity management decisions.
- Maintain appropriate controls over the Company’s own funds and banking activities. Budgeting, Forecasting & Management Information
- Lead the preparation and ongoing management of budgets, forecasts and financial models.
- Prepare monthly management information and financial reporting for the CFO, senior management and Board.
- Monitor financial performance against budget and forecast, providing clear variance analysis and commentary.
- Develop financial analysis and insights to support commercial and strategic decision-making.
- Support the CFO in monitoring the Company’s financial performance, cost base and overall financial plan. Finance Processes, Systems & Business Support
- Establish and document scalable Finance processes, controls and SOPs appropriate to the Company’s stage of development and growth.
- Identify and implement opportunities to automate and improve accounting, reporting and other Finance operations.
- Support the selection, implementation and ongoing development of accounting, ERP and other Finance-related systems.
- Provide Finance input into new products, commercial initiatives, system implementations and other cross-functional projects.
- Work collaboratively across the business and with Group Finance to ensure the Finance function supports the Company’s growth while maintaining appropriate financial discipline and control. Ideal Background A broad finance professional who combines strong technical accounting capability with commercial judgement and a willingness to work hands-on. The successful candidate will be comfortable building processes from the ground up and working across Finance, Operations, Compliance, external advisers and Group stakeholders. Essential Experience
- 5+ years of progressive finance and accounting experience
- Strong working knowledge of Lux GAAP; IFRS knowledge is advantageous.
- Experience managing financial close, statutory audit, tax and management reporting.
- Experience in a regulated financial-services environment; prior Payment Institution, E-Money Institution or fintech experience is strongly preferred.
- Experience working directly with external auditors, tax advisers and other professional service providers.
- Strong Excel skills and experience with accounting or ERP systems. Highly Desirable
- Exposure to CSSF prudential or financial reporting requirements.
- Professional accounting qualification (ACCA, ACA, CPA or equivalent).
- French and/or German language capability. Personal Attributes
- High ownership and accountability, with the confidence to operate autonomously.
- Pragmatic, organised and detail-oriented, without losing sight of commercial priorities.
- Comfortable working in a lean team and building processes in a fast-moving environment.
- Strong communicator able to work effectively with senior management, colleagues, advisers and Group stakeholders. Measures of Success (First 12 Months)
- Accurate and timely financial, statutory, regulatory and tax reporting.
- Smooth audits with no material Finance-related findings.
- Effective budgeting, forecasting, cash-flow and liquidity management.
- Robust and scalable financial controls, processes and systems.
- Clear, insightful management information supporting senior management and Board decision-making. Why This Role Matters This role is central to building the financial discipline and control framework that will underpin Paytm Europe's growth. Beyond accurate accounting and reporting, the Finance & Reporting Manager will help ensure the business scales with strong financial controls, reliable management information and the confidence of regulators, auditors and senior management.