
Financial Operations Specialist
1 week ago
About Our Team:
Material Depot is revolutionizing the home decor industry with cutting-edge solutions.
We're a well-funded company backed by top investors, offering a dynamic and exciting environment for finance professionals to grow and thrive.
As one of the largest retailers of home interior goods in Bangalore, we work with over 1000+ top designers and architects to deliver exceptional results.
Job Overview:
This role involves managing end-to-end accounting, overseeing operations in Account Receivable/Accounts Payable, Payroll, and ensuring all compliance related to the company are met.
You will also provide clear visibility for Statutory Reporting and Internal Reporting of yearly, quarterly, and monthly financials to various stakeholders.
Your Key Responsibilities:
- Manage end-to-end accounting with your team to ensure accuracy and timely completion.
- Oversee operations in Account Receivable/Accounts Payable and Payroll.
- Manage all compliance related to the company, including TDS, GST, Internal Audit, Stat and tax Audit, ITR Filling, Secretarial matters, etc.
- Finalize Trial Balances and provisions on a monthly/quarterly basis.
- Provide clear visibility (dashboards, MIS, financial statements) for Statutory Reporting and Internal Reporting of yearly, quarterly, and monthly financials to CXOs, Board, and external agencies as required.
- Forecast cash flow positions, related borrowing needs, and available funds for expense and investment.
- Manage external stakeholders, partners, and agencies, e.g., Payroll partners, Banks, Legal advisors, Statutory offices of the Governments, etc.
- Actively participate and liaise with companies' auditors to ensure smooth and timely audits.
- Develop and implement financial policies and procedures to ensure compliance with regulatory requirements and best practices (setting up SOP's).
- Support the management in next round of fund raises with requisite data, analysis, and due diligence.
- Support and oversee admin operations of the company and the experience centres.
What You Need to Succeed:
- Qualified/Inter Chartered Accountant (CA) with 3+ years of experience in similar roles with small-medium sized companies or Technology Start-ups.
- Prior experience working in e-commerce accounting is an added plus.
- Building the finance function from 0-1 for a scaling commerce company excites you.
- You're open to being a generalist and adapting to the uncertainty of early-stage startups. Strong ability to deal with ambiguity and problem-solve for aspects that you or the team may encounter the first time or are not familiar with.
- You understand budgeting, forecasting, and financial reporting like the back of your hand.
- Excellent communication, verbal and written with the ability to engage customers and convey complex concepts clearly and concisely.
- You don't quantify the hours of effort but the quality, speed, and magnitude of output.
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