We are looking for an experienced Finance Controller / Chartered Accountant to lead the finance, accounting, taxation, commercial controls, and financial reporting functions for a real estate company.The candidate will be responsible for ensuring strong financial governance across multiple real estate projects, including project accounting, budgeting, cash-flow management, RERA compliance, taxation, audit, banking, funding, MIS, and management reporting.
Key Responsibilities
Finance & Project Accounting
- Lead complete finance and accounting operations for the company and its projects.
- Manage project-wise accounting, cost allocation, revenue recognition, receivables and
- payables.
- Monitor project budgets, actual costs, commitments and cost-to-complete.
- Establish strong financial controls over land, construction, development, contractor and
- project expenses.
- Review project profitability and financial performance.
Budgeting & Financial Planning
- Prepare annual budgets, project budgets, cash-flow forecasts and financial projections.
- Monitor budget vs. actual performance and highlight deviations.
- Develop project feasibility models, IRR/ROI analysis and sensitivity analysis for new
- developments.
- Support management in investment and project-related financial decisions.
Cash Flow, Banking & Funding
- Manage project cash flows, working capital and liquidity planning.
- Coordinate with banks and financial institutions for project finance, construction finance,
- working capital and other funding requirements.
- Monitor loan utilization, interest costs, repayment schedules and financial covenants.
- Manage banking relationships and optimize financing costs.
RERA & Regulatory Compliance
- Ensure timely and accurate RERA accounting, reporting and compliance.
- Monitor project collections, designated accounts and statutory requirements.
- Ensure compliance with Companies Act, Income Tax, GST, TDS and other applicable regulations.
- Coordinate with legal and compliance teams on financial matters.
Taxation & Audit
- Oversee GST, TDS, income tax, tax assessments and statutory compliances.
- Coordinate with statutory auditors, internal auditors, tax consultants and other professional advisors.
- Ensure timely closure of audits and implementation of audit recommendations.
- Establish strong internal financial controls and processes.
MIS & Management Reporting
- Prepare monthly MIS, project-wise P&L, balance sheet, cash-flow statements and financial dashboards.
- Provide management with clear insights on revenue, collections, costs, margins, cashflow and project profitability.
- Develop KPIs and financial dashboards for senior management.
- Identify financial risks and recommend corrective actions.
Commercial & Cost Control
- Work closely with Projects, Procurement, Contracts and Commercial teams.
- Review contractor bills, purchase orders, work orders, variations and commercial commitments.
- Ensure financial approval controls and proper documentation before payments.
- Monitor cost overruns, claims, variations and project commitments.
Leadership & Governance
- Lead and develop the finance and accounts team.
- Establish robust SOPs, approval matrices, financial controls and governance systems.
- Support management in strategic financial planning, business expansion and new project
evaluation.
- Ensure timely and accurate financial information for promoters, management, investors,lenders and stakeholders.
Required Candidate Profile
- - Chartered Accountant (CA) with strong experience in real estate / property development / construction / infrastructure.
- -15-24years of relevant experience in finance, controllership, project finance or financial management.
- -Strong experience in real estate project accounting, RERA, GST, taxation, budgeting and cash-flow management.
- -Proven experience in handling project finance, banking relationships and lender reporting.
- -Strong understanding of project feasibility, financial modelling, project profitability and cost control.
- -Excellent knowledge of ERP/accounting systems, MIS and advanced Excel/financial reporting tools.
- -Strong leadership, analytical, commercial and decision-making skills.
Key Skills
- Real Estate Finance | Project Accounting | Financial Controllership | Project Finance | RERA
- Compliance | Cash Flow Management | Budgeting & Forecasting | Financial Modelling | Project
- Feasibility | Cost Control | GST & Taxation | Audit | MIS & Reporting | Banking & Fund Raising
- | Commercial Controls | Risk Management | Internal Controls | ERP | Team Leadership