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 a profitable company and are excited about exponentially growing the profits of the company in months
and years to come.
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 Marketing
About The Role
The Assistant Manager Finance is a key member of the finance team responsible for managing financial operations, ensuring compliance, and supporting the organization's financial objectives. This role plays a pivotal part in maintaining financial accuracy, strengthening internal controls, and ensuring the efficient use of financial resources.
Key Responsibilities & Ownership- Record and maintain day-to-day financial transactions.
- Manage Accounts Payable (AP) and Accounts Receivable (AR).
- Prepare, review, reconcile, and issue bills, invoices, and account statements as per company procedures.
- Maintain vouchers, invoices, receipts, and payment records.
- Complete period-end closing procedures and prepare related reports.
- Prepare accurate and timely financial reports including:
- Income Statements
- Balance Sheets
- Cash Flow Statements
- Assist in the preparation of financial statements for statutory audits and regulatory compliance.
- Handle statutory audit coordination (experience from a top-tier audit firm preferred).
- Ensure compliance with taxation laws and other statutory regulations.
- Identify financial risks and develop mitigation strategies.
- Evaluate and optimize working capital and cash flow management.
- Conduct financial analysis to identify trends, opportunities, and potential risks.
- Collaborate in budgeting and financial forecasting processes.
- Prepare, maintain, audit, and distribute MIS and financial reports.
- Follow up and resolve past due accounts and vendor invoices.
- Coordinate with cross-functional teams to ensure timely completion of tasks.
- Lead and manage a small team (where applicable), ensuring quality and timely delivery of work.
- Maintain confidentiality of financial and proprietary information.
- Adhere to all company policies and internal controls.
Qualifications
- CA Inter qualified with 23 years of experience, OR
- CA (Fresher) with 12 years of post-qualification experience, OR
- M.Com / MBA (Finance) with 34 years of relevant experience
Technical Skills
- Strong knowledge of accounting principles, rules, and practices.
- Good understanding of taxation and statutory compliance.
- Experience in statutory audits (preferably from a top-tier audit firm).
- Strong MIS reporting experience.
- Team handling experience.
- Proficiency in Tally and Excel.
- Ability to work with and understand ERP systems.
- Good working knowledge of MS Office Suite.
Skills: taxation,financial analysis,google sheets,accounts payable,accounts receivable,accounting,month end & year end closing activities,risk mitigation,financial reporting,compliance,budgeting,cash management
