Financial Controller - Real Estate

Financial Controller

Job Description :

We are seeking an experienced and result-oriented Financial Controller to lead the finance and accounting function for our Real Estate business. The role will be responsible for overseeing financial planning, budgeting, controllership, taxation, treasury management, compliance, project accounting, and financial reporting while ensuring robust internal controls and governance.

The ideal candidate should possess extensive experience in real estate finance, project-based accounting, RERA compliance, taxation, treasury operations, and business finance partnering. This position requires a strategic finance professional who can provide financial insights to support business growth, operational efficiency, and profitability.

Key Responsibilities :

Financial Control & Governance :

- Lead the overall financial controllership function and ensure accuracy of financial statements.

- Establish and strengthen financial controls, policies, and governance frameworks.

- Ensure compliance with accounting standards, statutory regulations, and company policies.

- Monitor financial risks and implement mitigation strategies.

- Drive process improvements and financial discipline across business units.

Financial Planning & Budgeting :

- Lead annual budgeting, forecasting, and long-term financial planning processes.

- Develop business plans and financial models for ongoing and upcoming projects.

- Monitor budget utilization and variance analysis across projects and departments.

- Provide financial recommendations to management for strategic decision-making.

- Track project profitability and return on investment.

Real Estate Project Accounting :

- Manage project-wise accounting and financial reporting.

- Monitor project costs, revenue recognition, cash flow, and profitability.

- Ensure proper allocation of project expenses and capital expenditure.

- Track project budgets and control cost overruns.

- Collaborate with project teams to ensure accurate financial reporting.

RERA Compliance & Regulatory Reporting :

- Ensure compliance with all applicable RERA regulations.

- Manage project-wise financial disclosures and reporting requirements.

- Coordinate with legal, compliance, and project teams for regulatory filings.

- Monitor changes in regulatory requirements impacting the business.

- Support audits and inspections related to RERA compliance.

Treasury & Cash Flow Management :

- Manage treasury operations, fund flow planning, and liquidity management.

- Prepare and monitor cash flow forecasts and working capital requirements.

- Optimize utilization of funds across projects and business operations.

- Manage banking relationships, debt servicing, and financial arrangements.

- Support fundraising activities and financial negotiations with lenders.

Taxation & Compliance :

- Oversee direct and indirect taxation including GST, TDS, Income Tax, and other statutory compliances.

- Ensure timely filing of returns and compliance with tax regulations.

- Coordinate with external consultants, auditors, and tax advisors.

- Identify tax optimization opportunities while maintaining compliance.

- Manage assessments, notices, and regulatory audits.

MIS & Financial Reporting :

- Prepare monthly, quarterly, and annual financial reports for senior management.

- Develop management dashboards and business performance reports.

- Conduct variance analysis and provide actionable insights.

- Present financial performance updates to leadership teams.

- Drive automation and enhancement of MIS reporting systems.

Audit & Risk Management :

- Coordinate internal, statutory, tax, and regulatory audits.

- Ensure timely closure of audit observations and recommendations.

- Strengthen internal control systems and risk management frameworks.

- Monitor compliance with accounting and reporting standards.

- Implement best practices in financial governance.

Cost Control & Profitability Management :

- Analyze project costs and identify opportunities for cost optimization.

- Monitor procurement and vendor-related expenditures.

- Develop strategies to improve operational efficiencies and profitability.

- Track key financial metrics and business performance indicators.

- Ensure financial sustainability of ongoing and future projects.

Stakeholder Management :

- Collaborate with senior leadership, project teams, legal, sales, and operations functions.

- Act as a trusted finance business partner to support strategic initiatives.

- Manage relationships with banks, auditors, consultants, investors, and regulatory authorities.

- Provide financial guidance for business expansion and investment decisions.