Job Description
Mandate 3 Employees will work fulltime from their base location i.e. Bangalore.
Assistant Manager Controllership (Instamart | Indirect Cost, MIS & Insurance)
Swiggy is looking to onboard a Qualified Chartered Accountant for its Controllership team, focused on the Instamart Line of Business. This role will play a critical finance partnering and governance role, with end-to-end ownership of indirect costs, robust MIS reporting, insurance management, and internal control adherence.
Role Overview
The Assistant Manager Controllership will be responsible for driving financial discipline, cost transparency, and decision-support across Instamart. The role demands deep expertise in indirect cost accounting, accruals, MIS analytics, insurance coordination, and stakeholder management, ensuring accuracy, compliance, and business insight at scale.
Why This Role Matters
This position is pivotal in ensuring financial discipline, cost efficiency, and transparency for one of Swiggy's most strategic and fast-growing businessesInstamart. It offers high visibility, cross-functional exposure, and a chance to influence business outcomes through strong controllership.
Key Responsibilities
Instamart Indirect Cost Ownership
Own end-to-end indirect cost controllership for Instamart, including Warehousing, Operations, Marketing, Logistics, Corporate, and Other Brand Spends.
Ensure accurate classification, cost center mapping, and timely accounting of all indirect expenses.
Establish and monitor budgetary controls, approvals, and governance frameworks to prevent leakages and overruns.
Drive cost optimization initiatives through data-led analysis, trend tracking, and deep-dive reviews.
Act as the single point of accountability for indirect cost integrity and reporting.
Opex MIS Reporting & Business Analytics
Own and deliver accurate monthly Opex MIS reports with detailed cost-center and category-level insights.
Perform variance analysis (Actual vs Budget / Forecast) and provide clear business explanations and actionable insights.
Support monthly business reviews, leadership decks, and ad-hoc management reporting.
Bridge the gap between FP&A and Controllership, ensuring consistency, accuracy, and clarity in MIS numbers.
Continuously improve MIS frameworks, automation, and reporting quality.
Accruals, Actuals & Period-End Closure
Ensure timely and accurate monthly expense accruals across all indirect cost categories.
Reconcile accrued vs booked vs paid expenses, highlighting risks, reversals, and true-ups.
Maintain audit-ready documentation with strong backup and rationale for all accruals.
Ensure period-end closure discipline, timelines, and data accuracy.
Procure-to-Pay (P2P) & Vendor Management
Oversee vendor onboarding, PO approvals, invoice processing, and payment coordination.
Ensure compliance with internal controls, approval matrices, and documentation standards.
Partner with Procurement, Operations, and Treasury to ensure seamless execution and issue resolution.
Monitor vendor ageing, disputes, and process gaps to avoid financial or compliance risks.
Insurance Support, Negotiation & Claims Management
Actively support insurance policy renewals, negotiations, and coverage optimization for Instamart assets and operations.
Coordinate with brokers, insurers, legal, and operations teams for policy placement and endorsements.
Own insurance claims follow-ups, documentation, reconciliation, and closure.
Ensure adequate coverage, cost efficiency, and timely recoveries.
Maintain MIS and trackers for insurance premiums, claims, and outstanding recoverables.
Audit, IFC & Compliance
Support statutory, internal, and IFC audits by preparing schedules, reconciliations, and explanations.
Ensure adherence to internal financial controls (IFC), accounting policies, and compliance standards.
Drive IFC process documentation, gap analysis, and continuous process improvements.
Identify control weaknesses and implement corrective actions proactively.
Stakeholder Management & Finance Partnering
Act as a finance partner to Operations, Legal, Business, FP&A, Procurement, and Leadership teams.
Communicate financial performance, risks, and action items with clarity and ownership.
Enable data-driven decision-making by providing timely, reliable, and insightful financial inputs.
Qualifications & Skill Set
Qualified Chartered Accountant (CA) with 25 years of relevant experience.
Strong expertise in indirect cost accounting, accrual-based accounting, and Opex governance.
Hands-on experience in P2P processes, vendor management, and ERP systems (SAP / Oracle preferred).
Prior exposure to MIS reporting, budgeting, forecasting, and audit support.
Experience in insurance coordination, claims management, or risk-related finance is a strong plus.
High ownership mindset with strong analytical, communication, and stakeholder management skills.
Ability to thrive in a fast-paced, high-growth environment with evolving business needs.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regards to race, color, religion, sex, disability status, or any other characteristic protected by the law.
