Finance Head (Real Estate)

Dainik Bhaskar Group; Bhopal; On-site; INR 1,800,000 - 5,200,000; Full time

Job summary

Dainik Bhaskar Group in Bhopal invites a Finance Head (Real Estate) to lead financial planning, budgeting, accounting, taxation, and governance for an A-grade office project. You will partner with project teams, lenders, and leadership to drive financial strategy and performance.

Ideal candidates bring CA qualification with 12–18 years post-qualification experience, including 9–15 years in CRE/infrastructure or large project finance. Strong leadership and ERP proficiency are required.

Qualifications

• CA qualification is essential.
• 12–18 years post-qualification experience required.
• 9–15 years in commercial real estate, infra, or large project finance.

Responsibilities

• Lead end-to-end financial planning, budgeting, and control for an A-grade real estate project.
• Oversee project accounting, reporting, and compliance with Ind AS/IFRS as applicable.
• Manage taxation (GST, TDS, corporate tax) and statutory compliance.
• Coordinate with lenders for drawdowns, covenants, and reporting.
• Support treasury, cash flow, and banking relationships; optimize funding.
• Collaborate with project, leasing, and asset management teams on financial decisions.
• Lead internal/external audits and strengthen internal controls and governance.

Skills

Financial planning

Budgeting

Cash flow management

GST/Taxation

Lender coordination

ERP systems

Education

CA

Job description

Job Title: Finance Head (Real Estate)
Function: Finance & Accounts
Project Type: A-Grade Office / Commercial Real Estate
Location: Bhopal

Role Purpose

The Finance Head will be responsible for end-to-end financial management of an A-grade office real estate project, including financial planning, budgeting, accounting, taxation, compliance, cash flow management, lender coordination, and strategic financial support to the project and leadership teams.

Key Responsibilities

1. Financial Planning & Control

• Lead annual budgeting, forecasting, and long-term financial planning for the office project
• Monitor project cash flows, working capital, and funding requirements
• Track financial performance against budgets and highlight variances with corrective actions
• Support feasibility analysis, ROI, IRR, and scenario modeling for leasing and capex decisions

2. Construction Project Accounting & Reporting

• Oversee project-level accounting, books of accounts, and financial closure
• Ensure timely monthly, quarterly, and annual financial reporting
• Prepare MIS reports for senior management and stakeholders
• Ensure adherence to accounting standards (Ind AS / IFRS as applicable)

3. Taxation & Statutory Compliance

• Manage direct and indirect taxation (GST, TDS, corporate tax, etc.)
• Coordinate with tax consultants for assessments, audits, and filings
• Ensure compliance with all statutory, regulatory, and local authority requirements

4. Treasury & Funding

• Manage banking relationships, escrow accounts, and cash management
• Coordinate with lenders for loan drawdowns, interest servicing, covenants, and reporting
• Support refinancing, debt structuring, and negotiations with financial institutions

5. Project & Leasing Support

• Work closely with project, leasing, and asset management teams
• Support lease structuring, CAM recovery, security deposits, and revenue recognition
• Oversee billing, collections, tenant reconciliations, and vendor payments

6. Audit & Governance

• Lead internal and external audits at project level
• Strengthen internal controls, SOPs, and risk management frameworks
• Ensure compliance with company policies and governance standards

7. Team Leadership & Stakeholder Management

• Lead and mentor finance and accounts team at the project level
• Coordinate with internal stakeholders, consultants, auditors, lenders, and JV partners
• Act as a key finance partner to project leadership and corporate finance teams

Key Skills & Competencies

• Strong understanding of real estate finance, especially commercial office assets
• Expertise in budgeting, cash flow management, and financial controls
• In-depth knowledge of GST, taxation, and statutory compliance
• Experience with construction project finance, lender coordination, and audits
• Strong analytical, problem-solving, and stakeholder management skills
• Hands-on experience with ERP systems (any)

Qualification & Experience

• CA qualification
• 12 to 18 years of post-qualification experience
• At least 9-15 years in commercial real estate / infrastructure / large project finance
• Prior experience handling A-grade office assets preferred