Senior Manager Finance
RentoMojo · Bengaluru, Karnataka, India
Full-time · Senior · Posted 1 month ago
About The Company
(www.rentomojo.com)
Rentomojo is a market leader and tech-enabled company in rental subscription of furniture and consumer
appliances. The company provides affordable and flexible rental subscriptions to cater to mobility needs of Gen
Z and Millennials.
RentoMojo, was founded by Geetansh Bamania, an IITM 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.
With 1,800+ people operations, the company has a presence in 22 cities across India. The company is in a
strong growth trajectory with revenue compounding at a CAGR of ~ 50% during the last 3 years and is an
exception in the startup ecosystem to be highly profitable along with delivering strong growth. The company
has been consistently profitable since Oct 2021 and compounded PAT at a CAGR of ~150% in the past two
years.
Rentomojo is a key beneficiary of India’s rapid urbanisation story, job growth and workforce mobility. ~1mn
new members join the workforce every month and 1.2mn-1.5mn employees switch jobs every month.
Rentomojo offers attractive bundled rental subscriptions with zero cost of relocation and zero repair and
maintenance cost at affordable cost that provides utility of EMI but not its rigidity.
Job Title: Sr Manager -Finanace
Location: Bangalore, Karnataka
Job Type: Full-Time
Department: Finance & Accounts
Reports To: VP - Finance & Accounts
Job Summary
The Senior Manager at RentoMojo will be responsible for overseeing the company's financial operations, ensuring
compliance with accounting standards. This role will manage financial reporting, budgeting and drive financial efficiency.
Responsibilities And Ownership
Team Management and Leadership:
Build and train the middle to lower-level finance function to support the rapidly growing business size and
complexities
Evaluate whether the current accounting system suffice the growth objectives of the organization and if required,
spearhead the identification and implementation of a robust ERP
Financial Reporting, Audit And Compliance
Oversee the preparation of financial statements, ensuring accuracy, compliance, and adherence to regulatory
requirements.
Drive the development / up-gradation of a robust Accounting Manual.
Prepare dashboards and MIS for Board level discussions, Statutory compliance, handling audits, and secretarial
processes
Prepare and disseminate regular MIS reports, offering key performance indicators (KPIs) and financial metrics to
support decision-making at various organizational levels.
Develop and document processes, SOPs, documentary controls, and accounting policies to maintain and
strengthen internal controls
Develop and implement the audit and control strategy to ensure adherence to the prescribed statutory and
Organizational norms; Liaise with Statutory Auditors and oversee periodic statutory audits.
Coordinate with Auditors to ensure timely submission and review of audit reports (Internal, Statutory and Tax
Audits); Ensure adherence to all statutory requirements and guidelines.
Cash Flow Management
Assist in preparing the Cash Flow reporting along with rolling 4 week Cash flow projections. Should get
acquainted with Cash Conversion Cycle
Taxation And Risk Management
Ensure overall tax compliance for the Organization by arranging for timely and correct payment of tax to minimize
penal interest.
Assess and mitigate financial risks, proactively identifying areas for improvement in internal controls and
processes.
Stakeholder Engagement
Collaborate with cross-functional teams including operations, legal, and senior management to drive financial
efficiency and support business growth initiatives.
PREFERRED QUALIFICATIONS: Your work till now will be the first qualification that would matter to us. Other than that, you
Should Be
Chartered Accountant (CA) qualification is mandatory.
4 to 8 years of progressive experience in finance or accounting roles in e-commerce, Leasing, Retail, B2C
businesses, etc.
At-least 3-5 year of experience in a team lead role involved in: (i) timely preparation of all required financial MIS
and Statements (Balance Sheet, P&L and Cash flow Statements) through effective utilization of the ERP (ii)
Planning for timely finalization and closure of books of accounts on a monthly basis coordinating with various
cross functional teams (CFTs) for closure on books and overall hygiene of numbers being reported to the
stakeholders.
Should be aware of the prescribed Ind - AS and Ind GAAP
Experience managing Big 4 auditors is mandatory
Experience in a listed company is an added advantage
Hands on experience with rollout and management of Accounting ERPs (in particular Tally Prime), financial
control reporting systems, budgeting, MIS and dashboarding, compliance
An eye on automation of processes and active coordination with tech and product teams to ensure products are
being launched to automate manual and repetitive processes
Strong knowledge of accounting principles, financial reporting, and regulatory compliance.
Well versed with software tools like MS-Office, Power BI, ERPs like Tally Prime
Strong leadership and communication skills with the ability to influence and collaborate effectively across all
levels of the organization.
Highly organized with attention to detail and an eye for process improvements
Analytical mindset with the ability to assess complex situations and make sound decisions.
Skills: audit reports,leasing,cash flow,mis reports