Snapmint - Senior Systems Analyst - Loan Management System

Finance

Reporting To : Technical Program Manager LMS / Head of Finance

About Snapmint :

Snapmint is a leading fintech company redefining access to consumer credit in India. With over 10 million customers across 2,200+ cities, our zero-cost EMI platform enables responsible purchases without the need for a credit card across categories like fashion, electronics, and lifestyle.

India has over 300 million credit-eligible consumers, yet fewer than 35 million actively use credit cards. Snapmint addresses this gap by offering a trusted, transparent alternative grounded in financial inclusion and ethical lending practices.

Founded in 2017, Snapmint is a profitable, high-growth company doubling year-on-year. Our founding team, alumni of IIT Bombay and ISB, brings deep experience from companies like Oyo, Swiggy, Maruti Suzuki, and has successfully built and exited ventures in ad-tech, patent analytics, and bank-tech.

We are building the future of responsible consumer finance, simple, transparent, and customer-first.

Role Overview :

We are seeking a Senior Systems Analyst to drive the functional and technical backbone of our Loan Management System (LMS), with a strong focus on Financial Operations ensuring end-to-end accounting accuracy, reconciliation integrity, and audit readiness across all loan transactions.

This role will act as the bridge between Technology, Finance, and Operations, ensuring that the LMS, Accounting System (GL), and Banking / Payment Systems are fully aligned for disbursements, repayments, reversals, and especially partial and full loan cancellation scenarios.

You will define transaction mappings, automate reconciliations, and ensure that all financial events including loan activation, cancellation, refund, and closure are correctly posted, reconciled, and auditable.

Key Responsibilities :

1. Financial System Analysis & Data Mapping

Analyze end-to-end data flow between LMS, LOS, payment gateways, banking systems, and GL.

Define and maintain accounting and GL mappings for :

• Disbursement, repayment, prepayment
• Interest, subvention, fees, penalties, reversals
• Full and partial loan cancellations ensuring correct handling of disbursed vs. undisbursed amounts, fee reversals, and settlement logic
• Document all financial event triggers and their impact on ledgers during the loan lifecycle, including refunds, reversals, and cancellations.
• Collaborate with Finance to identify and correct accounting mismatches or breaks.

2. Reconciliation Framework Design

Establish reconciliation rules for :

Partner with Tech and Data teams to automate reconciliations through ETL pipelines, DWH jobs, or reconciliation tools, and ensure exceptions are tracked and resolved.

3. FinOps Automation & Control

Ensure partial and full cancellations automatically trigger :

Collaborate with Finance Ops to build dashboards and exception reports showing cancellation impacts on accounting and reconciliation.

4. Accounting Governance & Audit Readiness

5. Cross-Functional Collaboration

6. Continuous Improvement & Documentation

Required Skills & Experience :

Preferred Qualifications :

Key Performance Indicators (KPIs) :

Success Traits :

(ref : iimjobs.com)