Assistant Manager - Controllership

India's economic infrastructure needs a complete overhaul. Today our digital economy rides on rickety monolithic systems built in the mid-90s. It takes months to do a simple bank integration and launch a fintech product. This inefficiency cannot continue. If our economy has to grow, we need killer API infrastructure for financial services that rivals the likes of Stripe, and AWS.

At Setu, we are fixing this for good, by abstracting away the complexity of working with legacy financial infrastructure and replacing it with a developer platform that offers clean, high-performance API bundles to embed finance into any application. So that developers can do what they do best, build amazing products that improve people's lives.

Importance of the Role

At Setu, we believe that every company can become a fintech company.

The operations function within Setu ensures that the money flows and information flows between us and our partners are synchronized. The Settlements officer is single-handedly responsible to ensure that payments are settled on time, reconciled accurately and any exceptions are handled appropriately after flagging.

We are looking for an Assistant Manager – Controllership to join our Finance controllership team at Setu.

In this role, you will support key controllership areas including financial reporting, audits, compliance, and AP/payroll accounting. You will work closely with internal stakeholders such as Financial Planning, Procurement, HR, and the Internal Audit team to ensure financial operations are timely, accurate, and compliant with internal policies and regulatory requirements.

What will you do at Setu

The Roles and Responsibilities:

1. Support management of financial records for legal entities, assisting with end-to-end accounting activities including timely book closures, audits, tax compliances, and coordination with local and group auditors.
2. Handle day-to-day financial operations and coordinate with relevant stakeholders to ensure accurate and timely accounting closures.
3. Assist in maintaining accounts, ledgers, and reporting systems in compliance with applicable accounting standards, regulatory requirements, and GAAP; support maintenance of internal control safeguards.
4. Prepare monthly financial statements, financial packages, and management reports, and support analysis as required. Ensure adherence to established accounting policies and procedures.
5. Support initiatives to improve operational efficiency by monitoring costing activities and assisting in identifying cost-saving opportunities.
6. Assist in cash flow monitoring and forecasting by preparing cash flow projections and supporting reporting mechanisms to meet operational requirements.
7. Review and process financial transactions and reconciliations, ensuring controls are followed and issues are escalated appropriately.
8. Support financial compliance activities by ensuring adherence to internal and external policies and regulations, and assisting in communication with relevant stakeholders.

Who is the right fit for this role

To excel in this role you will need:

1. Qualified Chartered Accountant
2. (CA)2+ years of experience in finance and controllership roles, preferably in fintech, tech, or fast-paced growth environments
3. Should have good working knowledge in IndAS/IFRS accounting standards.
4. Experience of working on Oracle ERP is preferred.
5. Good Communication and inter-personal Skills.
6. Strong Business and commercial acumen.
7. Teamwork and collaboration, Cross functional and cross cultural appreciation.
8. Analytical and problems solving
9. Strong command over data integrity, reconciliations, and financial controls.

Why Setu

We will spare no efforts to ensure that Setu empowers you to do the most important and impactful work of your career

● Opportunity to work closely with the founding team who built and scaled public infrastructure such as UPI, GST, Aadhar etc.

● We care deeply about your growth. So we work hard to provide you with

○ A fully stocked library and unlimited book budget.

○ Learning and development allowance that gives access to subscriptions, courses, certifications, music classes, and much more. Grow, learn, and improve with Setu!

● Kick-ass benefits include comprehensive health insurance for you and your family, and term life insurance, access to mental health counsellors, extraordinary coffee, and a beautiful office with lots of solid wood and natural light.

● We work hard to make sure our team is diverse and varied. We interview and hire purely on merit, skill, and competence—everything else is irrelevant.

Our core DNA Our culture code—

How We Move, defines the behaviours we expect from our people. When you display any of the six culture code elements, you demonstrate Every Day is Game Day. The six elements of our culture code.

● Take the shot: You decide fast and deliver right.

● Sign your work like an artist: You master what you do and take pride in it.

● Be the sherpa: You lead your crew on every expedition.

● Be the CEO of whatyou do: You own it and make things happen.

● Care with tough love: You empower others with trust, respect, and openness.

● Own tomorrow: You innovate for the customer and beyond.