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Assistant Manager -Finance

Employer
RentoMojo
Location
Bangalore Bengaluru Karnataka, Karnataka, India
Salary
Competitive Salary
Closing date
Dec 5, 2023

View more

Job Role
Accounts Assistant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
About Company

We, RentoMojo, were founded by IITM alums and serial entrepreneurs who worked out of almost every major city in India in his first five years of corporate careers. Frustrated with the hassles of relocating from one place to the other, and tired of finding that perfect cluster of home essentials that suited their lifestyle.

'The spending youth, especially the millennials & Gen Z's prefer staying light, desire flexibility andare value-conscious. Willing to experiment with new stuff across categories that make life simplerand not boring, these generations are also sensitive to our planet's sustainability. Our customersand employees identify with what we do '', is what Geetansh Bamania, our Founder and CEO has

to say.

furnished rental flats by offering furniture and appliances on a rental basis, thus, providing more flexibility than owning expensive furniture and appliances.

Currently, we have 120,000+ subscribers with a typical rental period of 1214 months. The current market size (as per a recent report by Grant Thornton) is estimated to be US$ 4.1 Billion and expected to grow to US$ 13 Billion by 2025.

With 700+ people in operations, the company has a presence in 16 cities across India. Looking back, Rentomojo has not only made a new market of leases that never existed for the consumer, they have also become the market leader in the consumer rental industry. Unlike the norm, they are now seeing a reverse trend wherein a version of ours is being copied in the US and UK. We are also profitable at monthly PAT since Oct 2021.

Five Pillars Of Our Culture

Zoom In-Zoom Out :

We zoom in and go micro; our focus would be doing better in everything, including things we already do well. We zoom out a lot for creating successful pilots that can potentially scale into a lot of value add in the future, like strengthening our offline presence.

Enterprising Mindset: If you are bold enough, you will have life-changing growth opportunities

here.

We will continue to expand the responsibilities of hungry and willing people. If you are ready to do what you have never done, you will find roles that you have never managed. Growing people from within was a significant contributor to the Fortune Employers Choice Award that we won in 2022 and more importantly, that's one of the biggest reasons of our success & continued momentum

Frugality: Measure Twice and Cut once.

It is always easy to spend more money to get more done, but it lacks any form of challenge. We have to grow and become better without a proportionate increase in cost. For every penny that we spend or that we put up to spend, expect a lot of discussions, debates and conversations. Planning is going to be important, data has to be the foundation, detailing will be a must and world class execution is the only way we will move forward in this journey.

Accountability: Less Why, more How.

We will always have more to bite than we can chew, we will always have to make choices and prioritize while we progress. We can have hundreds of reasons behind why something can not be done, but we have to remain focused on the how of things. The focus on how will

help us find ways to get done, what needs to get done.

Think, decide, play and act for the long term.

The only time we will make short term decisions is when they help us in the longer term. To me, the long term is all about consistency and not intensity.

Job Summary: The Finance Executive is a key member of the finance team responsible for managing financial activities, analyzing financial data, and supporting the organization's financial goals. This role plays a pivotal part in ensuring financial accuracy, compliance, and the efficient use of resources.

Key Responsibilities

Record and keep transactions on a day to day basis.

Prepare accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.

Assist in the preparation of financial statements for audits and regulatory compliance.

Identify financial risks and develop strategies to mitigate them.

Evaluate and optimize working capital and cash management strategies

Conduct financial analysis to identify trends, opportunities, and potential risks.

Collaborate in the development of budgets and financial forecasts.

Prepare, maintain, audit, and distribute statistical, financial, accounting, auditing, or payroll reports and tables

Complete period-end closing procedures and reports as specified

Prepare, review, reconcile, and issue bills, invoices, and account statements according to company procedures

To maintain vouchers, invoices , receipts and payments.

Follow-up and resolve past due accounts and vendor invoices until payment in full is received or resolved

Coordinate tasks and work with other departments; serve as a departmental role model or mentor; assign and ensure work tasks are completed on time and that they meet appropriate quality standards

Record accounts payable and accounts receivable.

Follow all company policies and procedures; ensure uniform and personal appearance are clean and professional; maintain confidentiality of proprietary information; protect company assets

Develop and maintain positive working relationships with others; support team to reach common goals; listen and respond appropriately to the concerns of other employees

Good knowledge in Taxation and other compliance

Role: Assistant Manager Finance

Employment Type: Full Time, Permanent

Role Category: Finance

Qualifications

MCOM/MBA (3-4 years' experience)

CA- Fresher/1-2 years' experience

Technical Skills

Well versed in accounting terms, accounting rules and practices.

Good knowledge in Tally, EXCEL and capable of understanding various ERP.

Decent working knowledge in MS Office Suite.

Soft Skills

Good communications and interpersonal skills.

Ability to work independently and collaboratively as a professional team member in a culturally diverse environment.

Skills: financial analysis,payroll reports,analyzing financial data,resources,accounts payable,invoices,accounts receivable,cash flow statements,uniform,concerns,audits,working capital,financial accuracy,potential risks,cash management strategies,financial activities,financial statements,income statements,financial risks,statistical reports,budgets,company assets,financial goals,taxation,personal appearance,financial reports,payments,vouchers,past due accounts,receipts,accounting rules,confidentiality,accounting reports,identify financial risks,balance sheets,financial forecasts,financial data,compliance,trends,team goals,working relationships,balance sheet,cash flow management,company policies,budget,opportunities,regulatory compliance

Skills: financial goals , Payments, Confidentiality, Financial Analysis, Working Capital, Cash Flow Management, Financial Data, Invoices, Financial Statements, Audits, Budget, Financial Reports, Trends, Accounts Receivable, Accounts Payable, Balance Sheet, Regulatory Compliance, opportunities , Vouchers, Compliance, Budgets, Receipts, cash flow statements , Taxation

Experience: 3.00-4.00 Years

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