Assistant Manager
Posted 24 Jul 2026
Advertised as “Assistant Manager -Global AP & Financial Accounting ”
BranchFactor Summary
The original posting with the fluff stripped out
- Expected experience
- 4+ yrs
- Management level
- Individual contributor
- Employment
- On-Site
No salary listed for this role.
Field of studyAccounting, Commerce, Finance
Study levelBachelor's
CertificationsCA Inter, CMA, Master of Business Administration
Field of studyFinance
About Us
OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team comes with experience in companies like J.P. Morgan, Goldman Sachs, FalconX, Paypal, Affirm, Polygon, Kraken, Nium & others. We’re backed by Accel, Lightspeed, NfX and other top-tier investors.
Role Overview
The Assistant Manager – Global AP & Financial Accounting (India) will own the end-to-end accounts payable function across all of OpenFX's group entities, while maintaining accurate books for the India entity. This is a hands-on role responsible for running a high-volume, multi-entity, multi-currency AP cycle, keeping vendor payments accurate and on time, and ensuring the financial records are clean and audit-ready.
Based in Bangalore and reporting to the Finance Lead, India, this individual will partner closely with the global finance team and local consultants across jurisdictions to ensure alignment with group-level controls, reporting standards, and payment timelines.
Key Responsibilities:
Global Accounts Payable
- Own the end-to-end accounts payable cycle across all group entities: receive, verify, code, and process vendor invoices and expense claims accurately and on time.
- Manage AP in multiple currencies and across jurisdictions, ensuring correct entity attribution, FX treatment, and adherence to local payment norms.
- Match invoices to purchase orders and approvals, resolve discrepancies, and ensure appropriate authorisation before payment under the group approval matrix.
- Prepare and execute domestic and cross-border vendor payment runs across multiple banking platforms, ensuring correct beneficiary details, amounts, and timing.
- Maintain global vendor master data and manage vendor relationships, queries, and statement reconciliations.
- Ensure correct application of GST, TDS, withholding taxes, and other statutory deductions across entities, in coordination with tax consultants.
- Monitor the global AP ageing and cash requirements, and support treasury with payment forecasting.
India Accounting & Month Close
- Maintain the general ledger for the India entity and ensure all transactions are recorded accurately and in the correct period.
- Maintain the fixed asset register (additions, disposals, capitalisation, etc.).