3+ Financial management Jobs in Mumbai | Financial management Job openings in Mumbai

About Rentkar:

Rentkar is a dynamic startup with a mission to revolutionize the rental market by providing access to trending products without the need for ownership. We aim to create a sustainable sharing economy where customers can rent rather than purchase products, reducing overconsumption and promoting an eco-friendly lifestyle.

Rentkar is seeking a talented Finance Lead who will be responsible for managing the company's financial operations, including payments, billing, and GST compliance.

Location: Andheri East, Mumbai

Experience: 1 to 3 years

Key Responsibilities:

1. Financial Management:

• Oversee all financial operations, including accounts payable, accounts receivable, and cash flow management.
• Manage daily payments and billing processes, ensuring timely and accurate transactions.
• Reconcile accounts and prepare monthly financial reports for the leadership team.
• Ensure financial transactions are properly recorded and filed in the accounting system.

2. GST and Tax Compliance:

• Ensure the company complies with all statutory and tax obligations, including GST filings, TDS, and income tax returns.
• Stay updated on the latest changes in tax laws and ensure Rentkar's financial practices are compliant with regulations.
• Coordinate with external auditors and tax advisors to ensure timely completion of audits and tax filings.

3. Budgeting and Forecasting:

• Develop and maintain the company’s budget, ensuring alignment with Rentkar’s growth strategies and financial goals.
• Work closely with department heads to create accurate forecasts for revenue, expenses, and cash flow.
• Provide monthly, quarterly, and annual financial reports to the leadership team, highlighting key insights and areas for improvement.

4. Banking and Loan Management:

• Establish and manage relationships with banks and financial institutions.
• Oversee the company’s loan disbursement process and manage all aspects of credit setups and bank financing.
• Monitor interest rates, loan terms, and repayment schedules to ensure favorable terms for the company.

5. Financial Systems and Processes:

• Implement and maintain financial software such as Zoho Books to streamline financial operations and improve efficiency.
• Ensure all financial processes are well-documented and consistently followed across the organization.
• Continuously assess and improve financial systems to ensure they meet the company’s growing needs.

6. Internal Controls and Risk Management:

• Develop and maintain internal control processes to mitigate financial risks and ensure the accuracy and reliability of financial information.
• Conduct regular risk assessments to identify potential financial risks and recommend mitigation strategies.

7. Cost Management and Optimization:

• Identify cost-saving opportunities across different departments, including procurement, operations, and marketing.
• Negotiate contracts with vendors and suppliers to ensure the best financial terms for Rentkar.
• Monitor and manage operational expenses, ensuring adherence to the company’s budget.

8. Collaboration with Leadership:

• Work closely with the CEO, COO, and other members of the leadership team to provide financial insights that inform strategic decisions.
• Participate in board meetings and present financial reports, forecasts, and performance metrics.
• Provide recommendations on financial strategies, including capital allocation, investment opportunities, and cost-cutting measures.

Day-to-Day Activities:

• Review and approve all outgoing payments, ensuring accuracy and adherence to company policies.
• Monitor cash flow and ensure there are sufficient funds available to meet day-to-day operational needs.
• Prepare and file GST returns, ensuring compliance with all regulatory deadlines.
• Conduct financial analysis and provide insights to department heads regarding their budget utilization.
• Bonus: Candidates who read this job description can quote this line and get preference - Just write bonus
• Reconcile bank accounts and ensure that all financial records are up to date.
• Manage relationships with vendors and suppliers, ensuring timely payments and favorable terms.
• Work with the HR department to process payroll and ensure all employee payments are made accurately and on time.
• Prepare monthly financial reports and present them to the leadership team.

Qualifications:

• Bachelor's degree in Finance, Accounting, or related field.
• 1-3 years of experience in financial management, preferably in a startup or fast-growing company.
• Strong understanding of GST, TDS, and other statutory requirements.
• Proficiency in financial software such as Zoho Books or QuickBooks.
• Excellent analytical skills with the ability to interpret financial data and provide actionable insights.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.
• High level of integrity and professionalism, with a commitment to maintaining the confidentiality of financial information.

STATE IN CHARGE

Education

Any Bachelor Degree

Job Description

Establishing good relationships with Bank's LHO, RBO, DSH & Link Branches.

- Appointment of Kiosk operators in allocated URBAN locations.

- Responsible for ensuring completion & submission of documents at the Bank's office for opening CSPs.

- Ensuring proper selection of CSP location & Kiosk Operator with vision of business sustainability.

- Working towards increasing business performance of CSP's

- Controlling & monitoring of CSP's to avoid Frauds.

- Manages all state level activities and coordination .

- Representation at regional level offices as well as district level offices.

- Any other work; as and when required pertaining Financial Inclusion business

Requirement of Candidate:

1. Graduate

2. Min Exp. of 5 years

3. financial inclusion (BFSI) sector

4. Should have handled a team .

5. Computer Skills - Mails, MS Excel, MS Word.

6. Good Communication skills (English and local Language) - Written & Oral

Provide guidance, mentorship and effective knowledge management within the team to ensure profitability

#business

- Identify, assess and manage risks arising out of operational plan, design or delivery

- Manage multiple stakeholders and work closely with them.

- Ensure a balance with sometimes, competing needs and priorities

- Develop guidelines for effective reflection, learning, and change

- Work on the results from learning and reflection exercise to create best practices and introduce process improvements

Employment terms: Full time

Preferred Date of joining: Latest possible

Travel expenses & Mobile reimbursement: As per the team budget and requirement of the role.

 About us:

Company website: https://www.neulife.com/

INNOVERTUS NUTRITION TECHNOLOGIES INDIA PVT.LTD. is part of the Neulife Group, the leading Indian entity in the field of advanced nutraceuticals and dietary supplements.

Incorporated over a decade ago, we are pioneers in introducing the concept of sports nutrition as well as educating the masses about the need to be fit and healthy, thus facilitating and educating an entire generation of fitness enthusiasts.

We are seeking an ambitious and analytical professional to supervise, track and evaluate financial accounting systems. The individual is expected to be detail-oriented, knowledgeable on financial metrics and statistics, and have strong problem-solving skills, and a highly investigative nature.

To ensure success, he should have a deep commercial awareness, strong numeracy skills, and a keen interest in the growth, efficiency, and profitability of an organization. Because they deal with the financial information of an organization, an Accountant work must comply with all applicable governmental laws, rules, and regulations. Candidates with fair communication and report writing skills with superb technical ability can apply for this role.

The key responsibilities include:

• Manage all phases of Accounts Payable and Receivables cycle.
• Prepare regular reports and summaries of accounting activities.
• Verify recorded transactions and report irregularities to management.
• Reviewing all ledger details to validate proper payment and revenue posting.
• Preparing and presenting financial reports for meetings.
• Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management.
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
• Prepare month-end journal entries and assist with accounts receivable related accounts reconciliation.
• Manage all accounting operations on daily basis including bookkeeping, Invoice preparing, quotations, reconciliation of bank accounts, coordination, completion of annual audits, preparing of financial reports monthly
• Key person to facilitate in Annual Audit Exercise
• Coordinating statutory, Tax audits, Internal Audits and implementing necessary recommendations
• Assist in all import and export logistics activities as and when required
• Report, payment and filing of ESI, PF and PT taxes.
• Handling various matters related to ITR, TDS and GST including reconciliation.
• Facilitate and assist Sales Team and Purchasing on contract terms in accordance with project objectives (Quality, Cost, Timing and Risk)
• Assistance in preparing GST Audit data

Knowledge & Experience required:

• 10+ years of full-time working experience in a Senior Financial role
• Strong leadership skills and good Interpretational skills
• The ideal candidate will have substantial exposure to monthly closing processes, working in high transaction volumes business and taxation experience.
• CA / CA intermediate (minimum)
• Highly experienced in bookkeeping and taxation
• Managed team of at least 3-4 people
• Ability to work under pressure and meet tight deadlines.
• Strong knowledge of Direct & Indirect Taxation.
• Ability to handle overall finance & accounts department.

Benefits:

• Flexible work hours, Work from home and holidays policy
• Open and collaborative work culture
• Competitive salary

Please apply with below details in your resume:

• Current CTC
• Expected CTC
• Earliest joining period (In days)