Financial Analyst

7 days ago

Bengaluru, India Retail Startup Full time

About Us:

Material Depot is a decor materials brand that is revolutionizing the entire interior design shopping experience with cutting-edge designs and the convenience of shopping from your home. Started in 2022 by Manish (ex-BCG) and Sarthak (IITB Alum), who both worked extensively in the construction space globally. Funded by prominent Global VCs including Accel, Whiteboard, and Y-Combinator among others, they seek to expand their team and hiring across roles.

Material Depot revolutionizes the construction industry by providing a one-stop platform for all your decorative interior materials. We offer an extensive range of high-quality products, from floorings to wall decor, sourced from trusted manufacturers globally. With a user-friendly interface, competitive pricing, and reliable delivery services, Material Depot ensures a seamless purchasing experience. 

Some stats about us:

We are backed by
Accel, Whiteboard, YCombinator,

and other global investors,

and are a small, well-funded company.

We're one of the largest retailers of home interior goods in Bangalore working with over 100+ top designers and architects.

Even as a 2-year-old company, we have been profitable with a scale of $3M annualised revenue

Note from the Hiring Manager:

Hi, I'm Sanchit, Senior Finance Manager of Material Depot. I'm excited to find someone to collaborate with me directly on the financial and accounts reporting. This involves working directly with me and the finance, sales and operations teams to ensure compliance.

Key Responsibilities

  • Handle bookkeeping, reconciliations, vendor payments, and invoicing using accounting tools like Tally, Zoho, or similar platforms
  • Prepare and maintain data for GST, TDS, PF, ESIC, and other statutory filings
  • Coordinate with external CA firms for statutory and tax compliance
  • Act as the first line of control for employee expenses and reimbursements
  • Build and maintain MIS reports and dashboards for leadership review (monthly P&L, cash flow, expense tracking)
  • Support internal teams and leadership with financial insights and ensure timely reporting
  • Maintain accurate records and documentation for audits and due diligence

Desired Qualifications & Skills

  • Education: B.Com / M.Com / Semi-qualified CA or CMA
  • Experience: 1–4 years of relevant experience in finance/accounting (startup or corporate)
  • Hands-on experience with Tally, Zoho Books, or similar accounting tools
  • Strong understanding of basic accounting principles and statutory compliance
  • Good with Excel / Google Sheets; knowledge of MIS/dashboarding is a plus
  • Excellent attention to detail and ability to meet deadlines
  • Strong stakeholder management skills – able to work across teams and with external partners

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