Deputy General Manager-Finance

Tata Realty; India; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading real estate firm in India is seeking a Cost Control and Monitoring professional to partner with departments in facilitating financial analyses, budgeting, and ensuring compliance with financial regulations. Responsibilities include monitoring project performance, managing financial reporting, and liaising with investor relations. The ideal candidate will have a strong financial background and experience in real estate development. This position plays a key role in enhancing profitability and operational efficiency.

Qualifications

• Experience in financial review of contracts and agreements is essential.
• Strong understanding of budgeting and operational reviews.
• Familiarity with accounting standards and regulations.

Responsibilities

• Partner with departments to coordinate the annual planning process.
• Monitor project performance and provide financial reports.
• Ensure compliance with financial regulations and internal controls.

Skills

Financial analysis

Cost control

Budgeting

Investor relations

Regulatory compliance

Education

Bachelor's degree in Finance or Accounting

Tools

Financial modeling software

Job description

Cost Control and Monitoring

• Partner with other departments and coordinate with Corporate finance to facilitate the annual planning process.
• Ensuring organization’s interests are kept in mind.
• Provide financial and cost review based on actual / budgets / commitments with regional head of departments, to identify, measure and monitor actions to control cost and to improve profitability and liquidity situation.
• Provide reports for regional management undertaking a comparative profitability study and providing project wise comparisons on productivity, costs etc.
• Participate in Budget and Operational reviews as the brand/segment representative critically examining alignment of annual budgets vis a vis the brand/segment strategy.
• Monitor project performance throughout implementation and provide periodic reports in this respect.
• Monitor and track the status of working capital and undertake measures to optimise the same.

Business Plan, Business case analysis, financial review of contracts and agreement

• Coordinate with business team in developing finance budget AOP/AEP and monitoring progress.
• Review of contracts / agreements from a financial perspective.
• Work closely with Business Head in managing P&L and cash flow of the region in alignment with Corporate goal.

Planning and automation

• Evaluate peripheral systems from a financial perspective to ensure that correct processes are followed, and accounting / audit trail is possible.
• Establish internal controls in the organisation through implementation of robust business processes and automation of financial processes at site.

Business Support

• Investor relations - work with Investor relations teams for providing information financial results where there is a JV partner.

Accounts and Audit :

• Ensure maintenance of books of accounts as per rules, regulation and standards.
• Managing consolidation of accounts.
• Monitoring & scrutiny of Corporate Accounts.
• Preparation of monthly financials for MIS and Quarterly Results for Audit/LR.
• Completion of Statutory Audit within the timeline.
• RERA reporting within timelines including CA certification.
• Understand and adhere to the IFC framework relating to finance.
• Liaison with internal audit function/ auditors.

Developmental

• Keep abreast with updates on regulatory and statutory changes and guidelines, specifically local regulations around real estate development.
• Continuously update knowledge and keep abreast of changing trends and guidelines.