Senior Manager (Controllership)

About Fam Fam (previously FamPay) is India's first payments app for everyone above

• FamApp helps make online and offline payments through UPI and FamCard. We are on a mission to raise a new, financially aware generation, and drive 250 million+ youngest users in India to kickstart their financial journey early in their lives. Founded in 2019 by IIT Roorkee alumni, Fam is backed by investors like Elevation Capital, Y-Combinator, Peak XV (Sequoia Capital) India, Venture Highway, Global Founder's Capital, and angels including Kunal Shah and Amrish Rao.

Role Overview We are looking for a hands-on Chartered Accountant to own core controllership execution end-to-end – statutory audits, financial reporting and the upcoming transition to Ind AS, month-end close, investor and MIS reporting, taxation and compliance, treasury, and internal financial controls. This is an execution-heavy individual- contributor role for someone who takes full ownership of deliverables, keeps every number backed by documented inputs, and anticipates audit and governance issues before they surface.

Must-Haves Chartered Accountant with 5–6 years of post-qualification experience in controllership, audit or financial reporting. Demonstrated experience handling statutory audits with Big 4 or comparable audit firms (either from within industry or from practice at a Big 4 / mid-tier firm). Strong Ind AS proficiency, with practical application to standalone and consolidated financials; exposure to a first-time Ind AS transition rom Indian GAAP is a strong advantage. Hands-on experience handling investor relations and MIS reporting

Experience managing direct and indirect tax risk (RPT, MAT, transfer pricing, GST) and coordinating filings and statutory / ROC compliance with external experts. Strong command of Excel / Google Sheets and comfort building linked, self-updating trackers and models; exposure to Zoho Books ERP. Sharp eye for detail with the discipline to keep every number backed by a documented input. Good to Haves Experience in a start-up, high-growth or restructuring environment where controllership is built and scaled

rather than inherited Exposure to IFC / IFCR implementation and to an RBI-regulated or otherwise regulated set-up. Exposure to treasury / cash-flow management and to ROC / Companies Act and secretarial compliance. Roles & Responsibilities

• Statutory Audit & Assurance
• Independently handle statutory audits with Big 4 or comparable audit firms end-to-end – planning, preparing

schedules and reconciliations, resolving queries, and driving timely, clean closure with no major escalations.

• Serve as the primary finance point of contact for auditors; pre-empt audit and governance matters that have a

direct bearing on the financials and ensure the team is audit-ready at all times.

• Coordinate tax, GST and other statutory audits alongside the respective experts and consultants.
• Financial Reporting & Ind AS Transition
• Prepare standalone and consolidated financial statements, including multi-period and multi-entity

consolidations. The company currently reports under Indian GAAP (notified Accounting Standards).

• Lead the transition from Accounting Standards (Indian GAAP) to Ind AS – first-time adoption under Ind AS,

GAAP-to-Ind AS difference analysis, restatement of comparatives, and assessment of the impact on financials and disclosures.

• Apply Ind AS to complex areas – revenue recognition, ESOP accounting, financial instruments, leases, expected

credit loss and related-party disclosures.

• Track changes in accounting standards and assess their impact on the company's financials.
• Month-End Close & Books
• Own a timely and accurate monthly close; support the transition of accounting in-house for real-time closure

after each month-end.

• Prepare and review key reconciliations, accruals and provisions; ensure every projection and output has a

documented, saved input with nothing left ad-hoc.

• Investor Relations & MIS Reporting
• Handle investor reporting and MIS – prepare periodic investor decks, board and management MIS, and

performance dashboards accurately and on schedule.

• Respond to ad-hoc investor, board and regulatory (e.g. RBI / CoC) requirements – consolidated and standalone

financials, projections and write-ups – within tight turnaround times.

• Taxation & Statutory Compliance
• Manage direct and indirect tax risk end-to-end – related-party transaction (RPT) amendments, MAT exposure,

transfer-pricing documentation and GST structuring – owning the underlying analysis and outcomes while working with external experts on execution.

• Oversee timely, accurate direct and indirect tax filings (income tax, TDS, GST) and coordinate tax and GST audits

and assessments.

• Coordinate statutory, ROC / Companies Act and secretarial compliances with the company secretary and

consultants; track related-party and regulatory documentation requirements.

• Treasury & Cash Flow
• Support treasury and cash-flow management – fund-flow planning, working-capital tracking and banking

relationships – and maintain accurate visibility of escrow and restricted balances.

• Internal Controls, Policy & Process
• Support the design, roll-out and testing of Internal Financial Controls (IFC / IFCR) and build a structured, audit-

ready control environment.

• Establish and maintain the accounting policy framework, SOPs and delegation-of-authority matrix; keep robust

documentation and process notes to strengthen governance and reduce audit and litigation risk.

• Drive ERP / accounting-system improvements and automation with appropriate system controls to enable

faster, more reliable reporting.

• Planning & Budgeting
• Maintain a working knowledge of the Annual Operating Plan (AOP) and budgeting cycle; partner with cross

functional teams on projections and budget-versus-actual variance analysis, with well-documented assumptions. Why Join Us Work in a fast-paced, high-growth environment with high ownership and responsibility. Competitive compensation and accelerated career growth for ambitious finance talent.