About Juspay
Juspay is a leading multinational payments technology company, powering superior conversion rates, seamless customer experiences, cost optimization, and fraud reduction at scale for 500+ top global enterprises and banks. Founded in 2012, the company processes over 300 million daily transactions, exceeding an annualized total payment volume (TPV) of $1 trillion with 99.999% reliability. Headquartered in Bangalore, India, Juspay’s global network of 1200+ payment experts operates across San Francisco, Dublin, São Paulo, and Singapore. Juspay offers a modular and interoperable product suite for merchants that includes open-source payment orchestration, seamless authentication, payment tokenization, fraud & risk management, global payouts, end-to-end reconciliation, unified payment analytics, and more. For banks, Juspay’s offerings include end-to-end white label payment gateway solutions & real time payments infrastructure.
Role Overview:
We are looking for a high-performing Chartered Accountant to lead our Revenue and Accounts Receivable function. You will be responsible for ensuring that revenue is recognized accurately in compliance with
Ind AS 115
, managing the full AR lifecycle, and designing aggressive yet sustainable
collection strategies
to optimize the company’s Working Capital.
Key Responsibilities:
1. Revenue Recognition & Ind AS 115 Compliance
- Technical Accounting: Ensure all revenue contracts are accounted for as per the 5-step model of Ind AS 115.
- Contract Review: Analyze customer contracts to identify performance obligations, transaction prices, and variable considerations (discounts/rebates).
- Revenue Integrity: Oversee the transition from "Unbilled Revenue" to "Invoiced Revenue" and ensure accurate month-end revenue accruals.
2. GST & Invoicing Operations
- Tax Compliance: Ensure all Outward Tax Invoices, Credit Notes (CN), and Debit Notes are compliant with GST laws (HSN codes, Place of Supply, and GST rates).
- GST Reconciliation: Reconcile Sales Registers with GSTR-1 and GSTR-3B filings to ensure zero discrepancy between books and government portals.
- Credit Note Management: Implement a strict approval workflow for Credit Notes to prevent revenue leakage and ensure proper GST adjustments.
3. Accounts Receivable & Ageing Management
- Ageing Analysis: Perform weekly and monthly AR Ageing reviews, identifying high-risk buckets and long-outstanding balances.
- DSO Optimization: Monitor and reduce Days Sales Outstanding (DSO) through systematic follow-ups and process improvements.
- Ledger Reconciliation: Manage periodic balance confirmations and reconciliations with customers.
4. Collection Strategy & Forecasting
- Strategic Collections: Design and execute collection strategies tailored to different customer segments (e.g., automated reminders vs. high-touch relationship management).
- Cash Flow Forecasting: Provide weekly inflow forecasts to the treasury team based on the collection pipeline.
- Provisioning: Maintain the Expected Credit Loss (ECL) model and recommend provisions for doubtful debts.
Required Skills
- Education:
Qualified CA (Mandatory).
- Accounting Standards:
Thorough practical knowledge of
Ind AS 115
(Revenue from Contracts with Customers).
- Taxation:
Expert-level understanding of GST as it pertains to outward supplies and documentation.
- Analytical Skills:
Advanced Excel skills for data-driven collection analysis and reporting.
- Communication:
Strong negotiation skills to interact with customers regarding disputed invoices and overdue payments.