Director Finance

Job description

About the job Pine Labs is a leading fintech company building technology and financial solutions across payments, commerce and embedded finance for businesses and consumers across the Global South. With a strong presence across multiple markets, Pine Labs enables businesses with digital payments, financial services and commerce solutions, helping them grow and operate more efficiently. Join us to be part of a fast-paced, innovative fintech environment with opportunities to work on high-impact business and finance initiatives. The Role Accounting & Controllership • Lead end-to-end accounting and financial reporting for payment aggregation, acquiring, issuing, merchant settlements, and fintech products. • Ensure compliance with Ind AS, IFRS, Companies Act requirements, and internal accounting policies. • Drive month-end, quarter-end, and year-end financial closure processes. • Review revenue recognition, settlement accounting, liabilities, merchant payables, escrow balances, and related reconciliations. • Establish strong financial controls and governance frameworks to support business growth. • Partner with business, product, and technology teams to evaluate accounting implications of new products and initiatives. Payments & Settlement Operations • Own accounting and governance around payment transactions, merchant settlements, MDR revenue, interchange, bank charges, incentives, and refunds. • Ensure accurate settlement lifecycle management across acquiring banks, payment gateways, networks, merchants, and partners. • Oversee reconciliation of transaction data across systems, settlement reports, bank statements, and GL. • Drive resolution of settlement exceptions, breaks, aged open items, and operational risks. • Build scalable controls around high-volume transaction processing environments. Regulatory Reporting & Compliance • Lead regulatory reporting requirements applicable to Payment Aggregators, Payment Gateways, and other regulated fintech businesses. • Drive compliance with RBI guidelines and reporting obligations. • Coordinate with compliance, risk, legal, and business teams on regulatory requirements and audits. • Support implementation and monitoring of regulatory changes and their financial reporting impact. • Ensure timely and accurate submission of regulatory reports and certifications. Data Analytics, Automation & Process Transformation • Lead finance transformation initiatives leveraging automation, analytics, AI, RPA, and advanced reconciliation tools. • Manage large transaction datasets and derive actionable insights for business and finance leadership. • Partner with technology teams to automate reconciliation, settlement, reporting, and control processes. • Drive continuous process improvements resulting in enhanced controls, reduced manual effort, and faster closure cycles. • Build scalable MIS and dashboarding frameworks for leadership reporting. Audit & Risk Management • Act as the primary finance lead for Statutory Audit, Internal Audit, Regulatory Audit, and Special Reviews. • Manage auditor interactions and closure of audit observations. • Strengthen financial controls and ensure readiness for regulatory inspections. • Drive remediation of control gaps and monitor implementation of corrective actions. • Build a strong culture of compliance, risk awareness, and accountability. Stakeholder Management • Partner closely with Finance, Product, Technology, Operations, Risk, Compliance, Legal, and Business teams. • Present critical financial insights, control assessments, and regulatory updates to senior leadership. • Support CFO organization in strategic initiatives, governance reviews, and board-level discussions. • Influence cross-functional teams to deliver finance transformation objectives. Team Leadership • Lead, mentor, and develop high-performing finance and controllership teams. • Build organizational capability in payments accounting, settlements, controls, and analytics. • Establish performance metrics, career development plans, and succession pipelines. • Foster a culture of collaboration, innovation, ownership, and continuous improvement. What matters in this role Mandatory • Chartered Accountant (CA). • 12+ years of post-qualification experience. • Significant experience in Fintech, Payment Aggregator, Payment Gateway, Banking, Cards, Digital Payments, Wallets, Merchant Acquiring, or Financial Services. • Strong understanding of payment transaction lifecycle and settlement processes. • Deep expertise in accounting, controllership, reconciliation, and financial reporting. • Experience handling RBI-regulated environments and regulatory reporting requirements. • Strong leadership experience managing large teams and cross-functional stakeholders. Preferred • Experience working in large-scale payment processing environments. • Exposure to escrow management and merchant settlement ecosystems. • Experience with finance automation, RPA, and reconciliation platforms. • Knowledge of SQL, Power BI, Tableau, Alteryx, Python, or similar analytical tools. • Experience with ERP systems such as SAP, Oracle, NetSuite, or similar platforms. What we value in our people. • You take the Shot : You decide fast and deliver right • You are the CEO of what you do : You show ownership and make things happen. • You own tomorrow: You build solutions for the merchants and do the right thing. • You sign your work like an artist : You seek to learn and take pride in the work you do. • You are the Sherpa: You take people along and act in the interest of Pine Labs. • You care with tough love : You empower others and help people grow.