4+ Financial Modeling Jobs in Mumbai | Financial Modeling 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.

At Anarock Tech, we are building a modern technology platform with automated analytics and reporting tools. This offers timely solutions to our real estate clients while delivering financially favourable and efficient results.

If it excites you to - drive innovation, create industry-first solutions, build new capabilities ground-up, and work with multiple new technologies, ANAROCK is the place for you.

Key job responsibilities

·      Improve, execute, and effectively communicate significant analyses that identify meaningful trends and opportunities across the business

·      Participate in meetings regularly with managers to assess issues and to identify and implement improvements for more-efficient operations

·      Provide strong, timely financial and business analytics for decisions by partners and organizational stakeholders

• Negotiation and Cost-Benefit Analysis.
• Decision-Making Skills.
• Creation of Reports and Dashboards.
• Databases analyses.
• Understand Taxes and implications.
• Financial modelling.
• Able to write SOPs and execute processes.
• Analyse a business or organization, by documenting its systems and processes, assessing its business model, identifying vulnerabilities, and devising solutions.

Experience: 3+ years experience with a well-reputed firm.

Education: B Com; M.Com, MBA from a reputed college.

Skills that will help you build a success story with us

• Understanding the business objective.
• Analytical and critical thinking.
• Good with Outlook, Teams, Zoom, Excel and PowerPoint.
• Understand the basics of digital and offline marketing.
• Strong communication and interpersonal skills.

·      You should be a good team player.

·      Should be able to coordinate with onsite/ functional/development teams for project tasks.

·      Must be dynamic with a strong sense of responsibility and a positive attitude.

·      Stay up-to-date with new testing tools and test strategies

·      Assist in defining new tools for use in quality assessment

We believe you are:

1.    An innovator with intellectual curiosity and creativity

2.    Adaptable, flexible and a professional with integrity

3.    A good communicator with excellent verbal and written communication skills

4.    Problem solver with detailed analytical and judgmental skills

5.    An enthusiastic person in sharing knowledge with team members and

6.    A good mentor for juniors in the team

Quick Glances:

·      What to look for at Anarock

·      Who are we A glimpse of Anarock Tech, know us better

·      Anarock - Media – Visit our media page  

Anarock Ethos - Values Over Value:

Our assurance of consistent ethical dealing with clients and partners reflects our motto - Values Over Value.

We value diversity within ANAROCK Group and are committed to offering equal opportunities in employment. We do not discriminate against any team member or applicant for employment based on nationality, race, color, religion, caste, gender identity/expression, sexual orientation, disability, social origin and status, indigenous status, political opinion, age, marital status or any other personal characteristics or status. ANAROCK Group values all talent and will do its utmost to hire, nurture and grow them.

• Define and lead strategic performance projects, manage stakeholders to drive outcomes.
• Analyzing and presenting key MIS reports for Management review
• Lead business planning for including formulation of annual, monthly and daily plans on key
• performance metrics.
• Driving the strategic initiatives of the company as per the CEO's agenda
• Studying & improvising the operation processes of the company.
• Drive business performance insights working closely with the sales, marketing, growth &analytics teams
• Create strategic value-added analyses around growth opportunities, retention levers and core
• business metrics in order to drive better decision making and results
• Conduct ongoing analysis of key business drivers, trends and performance.

• Interaction with the Clients, understanding their requirements, collating required data for preparation and submission of the proposal to Banks/ FI's
• In-depth credit assessment involving Financial, Credit, Legal, Technical, Economic and risk analysis
• Structuring the proposal, preparing Information Memorandum, Teasers, Financial model, cash flow and CMA projections
• Ability to lead meetings and negotiations
• Solution-oriented attitude and resolving queries of all Banks and Clients
• Visiting clients office for understanding and collecting data