Finance Controller

Job Description About The Company (www.rentomojo.com) Rentomojo is a market leader and tech-enabled company in rental subscription of furniture and consumer appliances. The company provides affordable and flexible rental subscriptions to cater to mobility needs of Gen Z and Millennials. RentoMojo, was founded by Geetansh Bamania, an IITM 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. With 1,800+ people operations, the company has a presence in 22 cities across India. The company is in a strong growth trajectory with revenue compounding at a CAGR of 50% during the last 3 years and is an exception in the startup ecosystem to be highly profitable along with delivering strong growth. The company has been consistently profitable since Oct 2021 and compounded PAT at a CAGR of 150% in the past two years. Rentomojo is a key beneficiary of India's rapid urbanisation story, job growth and workforce mobility. 1mn new members join the workforce every month and 1.2mn-1.5mn employees switch jobs every month. Rentomojo offers attractive bundled rental subscriptions with zero cost of relocation and zero repair and maintenance cost at affordable cost that provides utility of EMI but not its rigidity. Job Title: Finance Controller Location: Bangalore, Karnataka Job Type: Full-Time Department: Finance & Accounts Reports To: Head of Finance, Capital & Legal / CFO Job Summary As the Financial Controller, you will be a key member of the finance team, responsible for overseeing all financial functions of the organization. You will drive discipline, ensure compliance, optimize cost, maintain investor confidence, reduce risk, build controls and support strategic financial planning. You will work closely with the Head - Finance, business teams, and external partners to manage risk, monitor performance, and build a strong financial backbone for growth. Key Responsibilities Financial Management & Strategy: - Own monthly, quarterly, and annual financial statements in compliance with IND-AS and statutory norms. - Lead day-to-day financial operations including accounting, budgeting, MIS, taxation, and audits. - Develop robust internal controls and scalable financial processes to support rapid growth. - Partner with business leaders to align financial planning with strategic initiatives. - Provide timely, accurate financial data and insights for decision-making. - Assist with strategic initiatives, cost control, and investment decisions. Controllership - Lead the preparation of accurate, compliant financial statements and forward-looking reports in accordance with IGaap and IND-AS. - Ensure the integrity of financial data across key reports including P&L, balance sheet, and cash flow. - Oversee accounting operations including billing, A/R, A/P, GL reco, Inventory and FA Accounting and Revenue Recognition - Guide resolution of complex accounting issues and lead external audits and regulatory interactions. - Drive ongoing enhancement of financial systems and reporting processes to support scale and agility. Compliance & Risk Management - Strengthen internal controls, governance frameworks, and financial discipline across the organization. - Ensure full compliance with statutory and regulatory obligations (Direct/Indirect Tax, FEMA, ROC, etc.). - Oversee timely and accurate regulatory filings, audits, and disclosures. - Proactively assess and manage financial risks, and implement effective mitigation strategies. Cash Flow Management - Lead development of dynamic cash flow forecasts aligned with strategic and operational needs. - Optimize working capital across receivables, payables, and capital investments to maintain healthy liquidity. - Identify potential cash risks early and implement corrective action plans. - Collaborate with Treasury and FP&A teams to ensure forecasts are aligned with broader business scenarios. Investor & Board Reporting - Support CFO / Head of Finance in preparing investor decks, board presentations, and fundraising support documents. - Coordinate due diligence, data rooms, and financial models for investors or M&A or IPO - Track covenants, compliance, and performance KPIs required by investors or lenders Expense Analysis & Cost Control - Establish a structured review process for all major opex and capex spends. - Work closely with FP&A team for monthly variance analysis, budgeting, and spend tracking for all major expense head - Build cost governance frameworks and collaborate with cross-functional heads to define metrics, benchmarks, and cost-saving initiatives - Lead building periodic spend dashboards, cost-per-unit tracking, and category-level budget adherence - Drive procurement efficiency and commercial negotiations with vendors and partners Team Leadership - Lead and mentor a high-performing finance team across controllership, compliance, and reporting functions. - Foster a culture of accountability, ownership, and continuous improvement across the finance vertical. Qualifications - A qualified CA and Bachelor's degree in Accounting, Finance - 10+ years of progressive experience in accounting or financial management, with at least 3+ years in a controller or equivalent role. - Strong command of financial systems (ERP, Tally, SAP, etc.) and Excel/financial modeling - Strong knowledge of accounting principles, financial regulations, and tax laws. - Exceptional analytical, problem-solving, and organizational skills. - Strong communication skills and ability to present financial information to non-financial stakeholders. - High level of integrity and dependability with a strong sense of urgency and results-orientation. Preferred Attributes - Should have seen/managed P&L reporting of more than 1000 Cr (Good to have) - Experience in fast growing new-age companies preferred - Experience in listed organisations is an advantage - Prior experience in a growing or fast-paced business environment. - Expertise in IND-AS, financial controls, in a rental/subscription models is a plus Key Skills - Financial acumen & strategic thinking - Governance, risk, and compliance orientation - High ownership mindset - Cost governance & spend analytics - Team leadership & collaboration What We Offer - A chance to shape the financial backbone of a profitable, high-growth company - Work directly with the leadership team - A purpose-driven, young, and dynamic work culture Skills: finance,indas,taxations,balance sheet,accounting,mis reporting,auditing