Senior Manager – Finance & Accounts (COR01285)

Bangalore, IN

Job Description / Skills Required

Livspace is Asia’s 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. Livspace’s 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 Group’s Holding Company), EDBI, Bessemer Venture Partners, Jungle Ventures, Helion Ventures and UC-RNT. For more information, please visit:
Job Description
  • Manage daily finance operation activities with respect to procure to pay operations    
  • Monthly book closure, provisioning and balance sheet analysis & cleanup with respect to payable operations    
  • Projecting collections & payments to arrive at budgets for vendors & interior designers   
  • Ensuring timely validation of payroll and payment there off   
  • Creating process around inventory & fixed asset tracking and tagging, accounting for the same including depreciation or writeoffs   
  • Manage statutory audits and support tax compliance; e.g. GST reporting, Annual tax, due diligence etc   
  • Should actively support and own cashflow, bank activities, reconciliations, month/year end closure.   
  • Ability to lead special finance projects, manage the centralized finance systems with an ambition to further automate processes   
  • Strategic partner to business and other leaders in the group with insightful business and finance inputs relating to key business decisions   
  • Develop and maintain sound internal control system in business and financial reporting processes   
  • Support procurement & supply chain system implementation and lead process streamlining around vendor/Interior designers/Studio Partners registration, PO, GRN, Vendor Reconciliation and Verification. Control over payments is a critical task to be performed by AP manager   
  • Petty cash & employees reimbursement    
  • Support AR, Treasury and GL team during transition phase     
Job Requirement
  • Qualified Chartered Accountant, Cost Accountant or MBA- Finance   
  • Should have minimum experience of 5 years in Accounts Payable   
  • Knowledge of MS Dynamics 365 or any equivalent ERP   
  • Excellent communication and experience in handling multi tasks   
  • Strong attention to detail and a keen desire to deliver quality outputs