Financial Controller

Location: JP Nagar Phase 3, Bangalore

Material Depot is building the Ultimate Home Decor Destination redefining how India shops for interiors - tiles, laminates, wall decor, and more.

Our online catalogue enables us to understand design trends in real time and work directly with manufacturers to launch new collections at speed something the traditional supply chain can't match.

By cutting out middlemen, we deliver significantly better prices and consistent, standardized service across every order.

Trusted by 10,000+ homes, Material Depot is transforming a 100,000 crore industry making premium interiors faster, smarter, and more accessible than ever before.

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 1000+ top designers and architects.

Even as a 2-year-old company, we have been profitable with a scale of $5M annualised revenue

Note from the founder -

We're excited to find someone to collaborate with us directly on most important activities in finance and administration. These activities will vary based on the companies current focus, offering a dynamic and engaging work experience. In this role, you'll be involved in 50% Finance and compliance, 30% on Administration, 20% on new initiatives; and will have 100% ownership of the problem statements you tackle.

What you will do:

• Manage end to end accounting with team to ensure the books of accounts are accurate and are done on timely manner
• Oversee the operations in Account Receivable/Accounts Payable, Payroll
• Manage all compliances related to the company including but not limited to TDS, GST, Internal Audit, Stat and tax Audit, ITR Filling, Secretarial matters, etc, (This is not an exhaustive list)
• Finalization of 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 standing to various stakeholders like 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 liaison 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

You are a good fit only if..

• 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
• You are not only coming here for “strategy” roles but for on-ground hands-on work
• 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