Finance Executive

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 100,000+ subscribers with a typical rental period of 12-14 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 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.

Role: Finance Executive

Department: Finance & Accounts

Reporting To: Finance Manager / Accounts ManagerJob Summary

About The Role We are looking for a detail-oriented and proactive Finance Executive to manage day-to-day accounting activities, vendor reconciliations, tax compliance, and financial reporting. The ideal candidate should have strong knowledge of accounting principles, GST, TDS, and financial controls, along with the ability to ensure accurate and timely processing of financial transactions.

Key ResponsibilitiesAccounts & Finance Operations

• Manage day-to-day accounting transactions and bookkeeping activities.
• Record and maintain financial transactions in accounting systems.
• Prepare and post journal entries, accruals, provisions, and prepaid expense schedules.
• Monitor account balances and ensure proper ledger maintenance.

Vendor Management & Reconciliation

• Prepare and maintain vendor reconciliation statements.
• Resolve discrepancies related to vendor payments and invoices.
• Coordinate with vendors and internal stakeholders for account settlements.

Taxation & Compliance

• Possess sound knowledge of GST and TDS regulations.
• Verify GST and TDS applicability on invoices and payments.
• Ensure accurate deduction, accounting, and reconciliation of TDS.
• Assist in GST return preparation and compliance activities.
• Keep track of statutory deadlines and support audit requirements.

Financial Reporting & Controls

• Prepare monthly provisions and prepaid expense schedules.
• Assist in month-end and year-end closing activities.
• Support internal and statutory audits by providing required documentation.
• Ensure compliance with company policies and accounting standards.

Required Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, or related field (B.Com/M.Com preferred).
• 2–5 years of experience in Finance and Accounts.
• Working knowledge of ERP systems and MS Excel.
• Strong understanding of accounting principles, GST, TDS, vendor reconciliations, provisions, and prepaid expenses.

Skills Required

• Strong analytical and numerical skills.
• Attention to detail and accuracy.
• Good communication and stakeholder management skills.
• Ability to manage multiple tasks and meet deadlines.
• Proficiency in MS Excel and accounting software.

Preferred

• Experience in handling vendor accounts and statutory compliance.
• Knowledge of financial reporting and audit support.

Skills: vendor reconciliation,tds,gst,financial entries