Location
Bangalore | India
Job description
About The 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 career. 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 and are value conscious. Willing to experiment with new stuff across categories that make life simpler and not boring, these generations are also sensitive to our planet's sustainability. Our customers and employees identify with what we do '', is what Geetansh Bamania, our Founder and CEO has to say. RentoMojo caters to the needs of the working professionals which is unmet due to nonavailability of furnished rental flats by offering furniture and appliances on rental basis, thus, providing more flexibility than owning the expensive furniture and appliances.
Currently, we have 130,000+ 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 1000+ people operations, the company has a presence in 16 cities across India. Looking back, Rentomojo has not only made a new market of lease which never existed for the consumer, they have also become market leaders 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 InZoom 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.
Recent Media Coverage: YourStory , Dec 2022
The Core Team Geetansh Bamania - Founder & CEO
Ketan Krishna - People & Governance Head
Prabhat Verma - VP of Engineering, Data & Product
Hakim Ujjainwala - Head of Capital and Resourcing
Shivendu Ojha - Customer Operations and Sales
Rohan Kulkarni - Head of Corporate Finance and Strategy
Aman Jha - Head of Operations & Procurement
Akash Jangid - Chief of Staff
Dhruv Wahal - AVP - Growth and Marketingow more
Role Dimensions ROLE : Manager - Finance
LOCATION : Bengaluru (Hybrid)
NUMBER OF DIRECT REPORTEES : Individual contributor role
KEY RELATIONSHIPS REPORTS TO : Sr. Manager - Finance
About The Role RentoMojo is seeking a dynamic and highly motivated individual to join our Finance team as a Manager, Finance. The ideal candidate will play a pivotal role in managing and optimizing financial operations, analyzing key financial data, and contributing to the overall financial health of the company. This position requires a strong understanding of financial management, strategic thinking, and the ability to collaborate with cross-functional teams. Financial Reporting Responsibilities and Ownership: Prepare and present financial reports, including income statements, balance sheets, cash flow statements, and key performance indicators (KPIs), to the senior management team.
Cost Management Implement cost control measures and identify areas for cost optimization to maximize profitability.
Audit And Compliance Ensure compliance with financial regulations and accounting standards. Coordinate with auditors and tax consultants during the audit process.
Cash Flow Management Monitor and manage cash flow, working capital, and financing needs. Make recommendations to improve cash flow efficiency.
Financial Strategy Collaborate with the executive team to develop and execute financial strategies that support the company's growth and sustainability goals.
Risk Management & SOP Implementation Identify and assess financial risks, propose risk mitigation strategies, and implement necessary controls through an SOP approach by building, implementing and monitoring SOP across the organisation.
Vendor And Supplier Management Negotiate terms with vendors and suppliers to optimize costs and payment terms.
Team Leadership Manage and mentor a team of finance professionals, fostering a culture of collaboration and continuous improvement.
Financial Systems Oversee financial systems, tools, and technologies, ensuring they are up-to-date and efficient and look at opportunities for automation of existing processes.
Financial Planning And Analysis Develop, monitor, and analyze financial plans, budgets, and forecasts. Provide insights and recommendations to drive financial growth and efficiency.
Ad Hoc Projects Participate in special projects, financial analysis, and other initiatives as needed.
Preferred Qualifications - Bachelor's degree in Finance, Accounting, or a related field. CA preferred.
- Years of experience between 3 to 5 years Post CA financial management, with a proven track record of leadership and strategic financial planning.
- Strong knowledge of accounting principles, financial analysis, and reporting.
- Experience in e-commerce, retail, or a related industry is highly desirable.
- Proficiency in financial software and tools, including ERP systems, strong experience in Tally and advanced Excel is mandatory.
- Excellent analytical and problem-solving skills, with a keen attention to detail.
- Strong communication and presentation skills, with the ability to convey complex financial information to non-finance stakeholders.
- A strategic thinker with a results-oriented approach to financial management.
- Leadership and team management abilities, with a commitment to fostering a positive and collaborative work environment.
- A proactive and adaptable mindset, capable of working under pressure and meeting deadlines.
Personal Attributes - Strong business acumen and the ability to think strategically.
- Highly organized and detail-oriented, with a commitment to accuracy in financial reporting.
- Excellent interpersonal skills for effective collaboration with cross-functional teams.
- A commitment to ethical and transparent financial practices.
Note: The above job description is a general outline and may involve additional responsibilities based on the department's needs and the manager's skills and capabilities.
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Skills: compliance,cost accounting,a/r analysis,annual budgets,financial concepts,accounting management,cash flow,financial modeling,tally erp,inventory control,reporting
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