---
title: 'Senior Manager (Controllership) at Fam'
canonical: 'https://feeny.ai/job/senior-manager-controllership-fam-bengaluru-fvpj47g8ph6t'
type: 'job'
last_seen: '2026-09-13'
---

# Senior Manager (Controllership) at Fam

- **Company:** Fam
- **Location:** Bengaluru, India
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-08-07
- **Last confirmed live:** 2026-09-13
- **Apply:** https://jobs.lever.co/fampay/2cbd7317-458c-4dbe-acac-84ef926bc055

## Job description

## 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.

## 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

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

1. 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.

## About Fam

## Company Overview
- **One-liner**: Fam is an Indian fintech company offering a unified payment app for UPI, card, and wallet transactions, trusted by over 1 crore users.
- **Entity Type**: Private (Series A)
- **Headquarters**: Bengaluru, Karnataka, India
- **Founded**: 2019
- **Founders**: Sambhav Jain and Kushal Tandon

## Core Business
- **Primary Industry**: Financial Services – payment processing, UPI, digital wallet, card payments
- **Target Customers**: B2C – originally focused on teenagers and their families, now serving all age groups across India
- **Mission / Purpose**: To raise a financially aware generation of Indians who understand personal finance and can make informed decisions, while providing a fast, secure, and rewarding payment experience for everyone.

## Products & Services
- **FamApp**: The core mobile application (Android / iOS) enabling UPI payments, bank account linking, P2P transfers, QR code payments, and rewards. Includes a built-in wallet (FamX Wallet) and a numberless FamX Card for online/offline spending.
- **FamX Card**: A numberless physical and virtual card (Visa/RuPay) for ATM withdrawals, online purchases, and offline POS transactions, with card controls managed in-app.
- **Keeper**: A savings goal feature within the app that helps users set aside pocket money and track financial goals.
- **DigiGold**: A digital gold investment feature allowing users to invest in 24K gold.
- **Recharge & Bill Payments**: Mobile prepaid/postpaid recharges for all major telcos (Jio, Airtel, VI, BSNL) and utility bill payments.
- **Gift Cards & Gaming**: Cashback-enabled gift cards for brands like Myntra, Amazon, Nykaa, Zepto, and gaming gift cards for Google Play, Steam, Valorant, Xbox, etc.

## Market Standing
- **Valuation / Market Cap**: Not disclosed
- **Key Metric**: Annual Revenue ~USD 1.2M (estimated); Total Funding ~USD 42.975M
- **Notable Investors**: Y Combinator (Pre-Seed lead), Peak XV Partners (formerly Sequoia Capital India, Seed lead), plus participation from 12+ investors in the Series A round.
- **Growth Signals**: Headcount grew 21.3% YoY to 174 employees; over 1 crore users (10M+); 63.8K LinkedIn followers with +31.4% yearly growth; active job postings up 157.1% year-over-year.

## Competitive Advantages
- First-mover in India’s teen-focused neobanking space, now broadened to a full‑service payment app for all ages.
- Integrated product suite (UPI, card, wallet, savings, gold, gift cards) in a single app reduces user friction.
- Strong brand trust (1Cr+ users, 4.4/5 employer rating, 4.7/5 culture rating) and a lean, fast-moving team.
- Y Combinator backing and deep ties with Indian fintech ecosystem (alumni from Razorpay, CRED, Jupiter, etc.).

## Strategic Focus
- Expanding the user base beyond teenagers to become a mainstream payment app for all Indians.
- Continuing product innovation around speed (gesture‑based navigation, instant camera, swipe‑to‑pay) and social features (DMs with payment notes).
- Growing revenue through reward‑powered gift cards, cashback programs, and subscription management.
- Deepening financial inclusion by offering savings, gold investment, and responsible spending tools.

## Why Work Here
- **Culture**: Rated 4.7/5 for culture; described as “young and ridiculously friendly,” “a family that looks after each other,” and “every idea shines bright here.”
- **Flexibility**: “Create your own flexible work schedule” – mainly on‑site in Bengaluru (HSR Layout and BKC Mumbai offices), but offers remote options for certain roles.
- **Perks**: ESOPs for all, top‑notch gadgets, health insurance (employee + dependents), free therapy with mental health professionals, generous leave policy, and experienced mentorship.
- **Engineering & Team**: 75 employees in technical roles (43% of headcount); active hiring across product, engineering, design, and data roles; strong alumni network among top Indian fintechs.
- **Reviews**: Overall employer rating 4.4/5 (172 reviews) with work‑life balance 4.0, compensation 4.1, career opportunities 4.5.

## Sources
1. [famapp.in/careers](https://www.famapp.in/careers/)
2. [jobs.lever.co/fampay](https://jobs.lever.co/fampay)
3. [linkedin.com/company/famappbytrio](https://linkedin.com/company/famappbytrio)
4. [Y Combinator – FamPay](https://www.ycombinator.com/companies/fampay/jobs)
5. [Google Play Store – FamApp](https://play.google.com/store/apps/details?id=com.fampay.in&hl=en_US)

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