Senior Manager (Controllership)

Skills this role screens for

About the role

About Fam

Fam (previously FamPay) is India's first payments app for everyone above 11. 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.

Also

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.

The work

Roles & Responsibilities

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

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

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

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

and disclosures.

credit loss and related-party disclosures.

after each month-end.

• Statutory Audit & Assurance
• Independently handle statutory audits with Big 4 or comparable audit firms end-to-end – planning, preparing
• Serve as the primary finance point of contact for auditors; pre-empt audit and governance matters that have a
• 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
• Lead the transition from Accounting Standards (Indian GAAP) to Ind AS – first-time adoption under Ind AS,
• Apply Ind AS to complex areas – revenue recognition, ESOP accounting, financial instruments, leases, expected
• 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
• Prepare and review key reconciliations, accruals and provisions; ensure every projection and output has a