Senior Executive

3 weeks ago

Bengaluru, India Livspace Full time

ABOUT US

Livspace is Asiaʼs largest and fastest-growing omnichannel home interiors and renovation platform. Using its proprietary technology, Livspace provides a one-stop renovation solution for homeowners—from design to managed last mile fulfillment for all rooms in a home. The platform has organized a fragmented industry, bringing together designers, brands, manufacturers, and

contractors to enable an eCommerce-like trusted, and predictable experience.

The company launched operations in Bengaluru, India in 2015. Since its inception, Livspace has organized a fragmented industry, bringing together a curated community of designers, brands, manufacturers and contractors. This has resulted in an e-commerce- like trusted and predictable experience for the homeowners. Livspace boasts of a community of 50000+ satisfied customers and over 2000 interior designers.

The company is already the largest employer of interior designers in the country. Livspace currently serves Singapore, Malaysia, Saudi Arabia as well as 30 metro and non-metro areas in India including - Bengaluru, Chennai, Delhi, Noida, Gurgaon, Mumbai, Thane, Pune, Hyderabad, Kolkata, Ahmedabad, Kochi, Jaipur, Lucknow, Indore, Surat, Coimbatore, Mysore, Mangalore, Vizag,

Vijayawada.

Livspace has showcased phenomenal growth since its launch, having delivered over 125,000 rooms and selling over 7.5 million SKUs through its platform. The company also delivered 50,000 homes across all our serviceable locations.

The founders - Anuj Srivastava and Ramakant Sharma are former Google and Myntra executives respectively, who are seasoned entrepreneurs and successful angel investors. Livspaceʼs leadership team combines world-class talent and entrepreneurial experience gathered at some of the best companies in the world.

Livspace has raised around USD 450 million in capital from some of the top global investors including KKR, Ingka Group Investments (part of largest IKEA retailer Ingka Group), TPG Growth, Goldman Sachs, Kharis Capital, Venturi Partners, FFP (Peugeot Groupʼs Holding Company), EDBI, Bessemer Venture Partners, Jungle Ventures, Helion Ventures and UC-RNT. For more

information, please visit:


Roles and Responsibilities


  • Maintaining Bank relationship & liaising with them.
  • Manage day to day Banking operations (i.e., Payments, Receipts etc ) to meet the financial obligation of the organisation.
  • Bank Reconciliation with Accounting Systems (BRS), (Tally, Xero, Quickbook, MSD365)
  • Banking Instruments Management (Debt, OD, CC, LC, BG, FD, etc.) – Including managing user requests, bank negotiations, etc.
  • Import-export payments/remittances (import LC, BG, direct imports, advance remittances etc)
  • Daily Cash flow statement (DCFS) preparation: tagging of expenses and revenues into general ledger to have financial stamen for day to day analysis
  • Downloading bank statement ( 30 bank Accounts)
  • UTR updation for all vendor payments and customer refunds
  • Timely preparation of Treasury & Banking related reports such as BRS, Fd Interest schedule, Mutual fund sale/purchase schedule, LC/BG Tracker and other management reports.
  • Co-ordination with bank for monthly bank balance confirmation, banking related matters etc


Skills And Expertise

  • Bcom /MBA/ICWA/CA/Inter CA with 2-5 years of experience in managing Treasury & Banking function
  • Excellent communication and presentation skills
  • Strong working knowledge of MS Office, particularly Excel
  • Knowledge on ERP is preferable
  • Experience in managing Banking &Treasury Function
  • Sound understanding of accounting principles, financial instruments and debt instruments
  • Knowledge of banking relationships and covenants
  • Ability to work autonomously and be part of the broader team
  • Appropriate handling of sensitive information
  • Team player with the ability to communicate and coordinate with multiple parties

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