Finance Executive - Sany, India - Rentomojo

    Rentomojo
    Rentomojo Sany, India

    1 month ago

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    Description
    Tip

    Aboutthe Company

    WeRentoMojo were founded by IITM alums and serial entrepreneurs whoworked out of almost every major city in India in his first fiveyears of corporate career. Frustrated with the hassles ofrelocating from one place to the other and tired of finding thatperfect cluster of home essentials that suited theirlifestyle.
    Thespending youth especially the millennials & Gen Zs preferstaying light desire flexibility and are value conscious. Willingto experiment with new stuff across categories that make lifesimpler and not boring these generations are also sensitive to ourplanets sustainability. Our customers and employees identify withwhat we do is what Geetansh Bamania our Founder and CEO has to say.
    RentoMojocaters to the needs of the working professionals which is unmet dueto nonavailability of furnished rental flats by offering furnitureand appliances on rental basis thus providing more flexibility thanowning the expensive furniture andappliances.
    Currentlywe have subscribers with a typical rental period of 1214months. The current market size (as per a recentreport by GrantThornton) is estimated to be US$ 4.1Billion and expected to grow to US$ 13 Billion by 2025.
    With1000 people operations the company has a presence in 16 citiesacross India. Looking back Rentomojo has not only made a new marketof lease which never existed for the consumer they have also becomemarket leaders in the consumer rental industry. Unlike the normthey are now seeing a reverse trend wherein a version of ours isbeing copied in the US and UK. We are also profitable at monthlyPAT since Oct 2021.
    FivePillars of ourCulture:ZoomInZoom Out :
    • We zoomin and go micro; our focus would be doing better in everythingincluding things we already do well.
    • We zoomout a lot for creating successful pilots that can potentially scaleinto a lot of value add in the future like strengthening ourofflinepresence.

    EnterprisingMindset: If you are bold enough you will have life changing growthopportunities here.
    • We will continue toexpand the responsibilities of hungry and willing people. If youare ready to do what you have never done you will find roles thatyou have never managed.
    • Growing people fromwithin was a significant contributor to the Fortune employerschoice award that we won in 2022 and more importantly thats one ofthe biggest reasons of our success & continued momentum

    Frugality:Measure Twice and Cut once.
    • It is always easy tospend more money to get more done but it lacks any form ofchallenge. We have to grow and become better without aproportionate increase in cost.
    • For everypenny that we spend or that we put up to spend expect a lot ofdiscussions debates and conversations. Planning is going to beimportant data has to be the foundation detailing will be a mustand world class execution is the only way we will move forward inthis journey.

    Accountability:Less Why more How.
    • Wewill always have more to bite than we can chew we will always haveto make choices and prioritize while we progress. We can havehundreds of reasons behindwhy something cannot be done but we have to remain focused on thehow of things.The focus on how will help us findways to get done what needs to get done.

    Thinkdecide play and act for the longterm.
    • The only timewe will make short term decisions is when they help us in thelonger term. To me the long term is all about consistency and notintensity.

    RecentMedia Coverage:YourStory Dec2022The CoreTeam:Geetansh BamaniaFounder & CEO Ketan KrishnaPeople & Governance HeadPrabhat Verma VP of EngineeringData & Product HakimUjjainwala Head of Capital and ResourcingShivendu Ojha Customer Operationsand Sales Rohan Kulkarni Head ofCorporate Finance and StrategyAmanJha Head of Operations &ProcurementAkash Jangid Chief ofStaff Dhruv Wahal AVP Growth andMarketing
    ROLE : FinanceexecutiveLOCATION : :BangaloreNUMBEROF DIRECT REPORTEES : Individualcontributorrole
    KEYRELATIONSHIPSREPORTSTO : Senior ManagerFinance
    ResponsibilitiesRolesand ResponsibilitiesManagecompanys capital structure and review with seniorleaders.
    • Partner with variousbusiness teams to support financingdecisions.
    • Documentation for on boardinginvestors and serve as the key point of contact for the investorcommunity.
    • Build analytical models to evaluatecapital structure decisions including financing return of capitaland contingency planning.
    • Build and/or maintaindeal collateral teaser one pager Information memorandum financialmodel debt profile and other important metrics.Etc
    • Assist in research for various informationcuts new MVPs new business lines new financing structuresetc
    • Assist in data mining for new financingstructures means of finance and the nature of lenders/investors(both domestic and/or international).
    • Modelcredit rating outcomes and assist in managing relationships withrating agencies.
    • Support maintenance userentitlement and activities relating to Treasury workstation andelectronic banking portals.
    • Provide broadbasedanalytical support to the Treasury team for cash managementprocesses andinitiatives.


    Qualifications
    • PursuingCA or MBA (Finance)Fresher or BCOM/MCOM with minimum 2 yrsexperience
    • Advanced level expertise with MSExcel Word PPT and other similartools.
    • Advanced analytical and problemsolvingskills with keen attention todetail.

    cashmanagement,capital structure management,data mining,investmentdocumentation,financial modeling,financial analysis,financialaccounting standards board (fasb),goods and services tax (gst),taxdeducted at source (tds),bankreconciliation


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