Head Accounts and Finance

Adler Talent Solutions Pvt Ltd; Ahmedabad District; On-site; INR 5,000,000 - 7,500,000; Full time

Job summary

Adler Talent Solutions Pvt Ltd seeks a Head Accounts & Finance to lead financial stewardship across corporate entities, SPVs, and JVs. You will shape tax strategy, capital allocation, and statutory compliance while partnering with the CEO and Board on strategic decisions.

The role focuses on building a high-performing financial engine, optimizing project profitability, and ensuring robust internal controls across land acquisition, construction, and asset monetization.

Qualifications

• Role requires CFO-level financial leadership and strategic oversight across corporate entities and SPVs.
• Experience in capital structuring, fundraising, and debt syndication is essential.
• Strong knowledge of GST, direct tax, and transfer pricing.
• Experience with RERA compliance and real estate accounting is a plus.

Responsibilities

• Formulate and execute optimal capital structure strategies using promoter equity, PE, bank debt, NBFC funding, and mezzanine finance.
• Oversee multi-SPV cash flow forecasting and liquidity management across projects.
• Lead end-to-end financial closure for land acquisitions, JDAs, JVs, and redevelopment projects.
• Direct financial reporting in line with Ind AS 115 and real estate revenue recognition.

Skills

Corporate Finance

Debt Syndication

Treasury Management

Tax Strategy

RERA Compliance

Financial Modeling

IFC & Controls

ERP Systems

Tools

SAP S/4HANA

ERPNext

Oracle ERP

Job description

Role & responsibilities

The Head Accounts & Finance is a C-suite leadership position accountable for the end-to-end financial stewardship, tax strategy, capital allocation, and statutory compliance of the organization. Operating across corporate entities, project Special Purpose Vehicles (SPVs), and Joint Venture (JV) frameworks, this role acts as a core strategic partner to the CEO and Board of Directors.

The primary objective is to build a high-performing financial engine that optimizes project profitability, minimizes direct and indirect tax exposure, maintains strict statutory and RERA compliance, secures debt/equity financing at competitive costs, and establishes rigorous internal controls across all stages of land acquisition, development, construction, and asset monetization.

Key Responsibility Areas (KRAs)

1. Corporate Finance, Capital Structuring & Debt Syndication

• Capital Strategy & Fundraising: Formulate and execute optimal capital structure strategies combining Promoter Equity, Private Equity (PE), Bank Debt, Non-Banking Financial Company (NBFC) funding, and Structured Debt/Mezzanine Finance.
• Banking & Investor Relations: Maintain strong executive relationships with commercial banks, financial institutions, rating agencies, PE funds, and family offices. Negotiate credit facilities, interest rates, tenure, and security covenants.
• Project Finance & Financial Closure: Lead end-to-end financial closure for new land acquisitions, Joint Developments (JDAs), Joint Ventures (JVs), and redevelopment projects. Prepare detailed Information Memorandums (IMs) and bank pitch decks.
• Financial Modeling & Feasibility: Conduct rigorous discounted cash flow (DCF), Internal Rate of Return (IRR), and sensitivity analyses for ongoing projects, land banks, and new business development opportunities.

2. Strategic Cash Flow, Treasury & Working Capital

• Multi-SPV Cash Flow Optimization: Oversee multi-project, multi-SPV cash flow forecasting and liquidity management to eliminate liquidity bottlenecks during intensive construction phases.
• Escrow Management & Fund Deployment: Ensure optimal fund movement between project-specific designated RERA accounts, lender escrow accounts, and operational accounts.
• Treasury Operations: Oversee surplus fund investments, short-term liquidity deployments, interest rate risk management, and forex exposure (if applicable to foreign investments/FDI).

3. Direct & Indirect Taxation Strategy

• Direct Taxation (Income Tax):
• Develop tax-efficient corporate holding structures, SPV arrangements, and JDA models.
• Oversee corporate income tax, Tax Deducted at Source (TDS/TCS) on property sales, contractor payments, and land acquisition payouts.
• Direct tax assessments, litigation strategies, transfer pricing, and appellate proceedings up to tribunals.
• Indirect Taxation (GST):
• Formulate comprehensive GST strategies across residential sale models, commercial leasing (Input Tax Credit / ITC optimization), construction contracts, and JDA revenue-sharing/area-sharing arrangements.
• Manage anti-profiteering compliances, reverse charge mechanism (RCM) applicability, joint development land right transfers, and monthly/annual filings (GSTR-1, 3B, 9, 9C).
• Tax Audit & Advisory: Partner with external tax counsel and Big 4 advisory firms for specialized opinions on complex transactions, acquisitions, or restructuring.

4. Real Estate Accounting, RERA & Financial Reporting

• Financial Reporting Standards: Direct the preparation and presentation of monthly, quarterly, and annual standalone and consolidated financial statements in strict accordance with Ind AS 115 (Revenue from Contracts with Customers) / applicable real estate revenue recognition guidelines.

RERA Financial Governance: Ensure total adherence to the Real Estate (Regulation and Development) Act:

• Strict tracking and deposit of mandatory percentages (70%) into designated project bank accounts.
• Utilization of funds exclusively for land and construction costs.
• Coordination of quarterly RERA CA certificates (Forms 1, 2, and 3) and annual RERA financial audits.
• Internal Financial Controls (IFC): Design, implement, and enforce robust internal control frameworks, delegated authority matrix (DOA), and Standard Operating Procedures (SOPs) across procure-to-pay, order-to-cash, and land purchase cycles.
• Statutory & Internal Audits: Lead all interactions with Statutory Auditors, Internal Auditors, Cost Auditors, and Tax Auditors to ensure clean, unqualified audit reports.

5. ERP, Digital Systems & Vendor/Customer Operations

• ERP Optimization: Oversee the implementation, upgrading, and continuous refinement of Enterprise Resource Planning (ERP) systems (e.g., SAP S/4HANA, Oracle, Highrise, ERPNext) tailored to real estate module integrations (Sales, Billing, Construction Billing, Procurement, Inventory, Fixed Assets).
• Vendor & Contractor Billing: Establish automated, transparent processes for contractor running-account (RA) bills, retention money, holdbacks, and mobilization advances.
• Customer Receivables & CRM Integration: Oversee billing operations, collection schedules, demand letters, interest on late payments, and financial reconciliations between Sales CRM and Core Accounting.