Financial Controller - Real Estate

Financial Reporting :

- Ensure timely and accurate preparation of financial statements, including income statements, balance sheets, and cash flow statements .

- Supervise the accounting team to validate and reconcile financial data, ensuring accuracy and compliance with accounting standards.

- Submit required financial reports to regulatory bodies and investors within specified deadlines.

- Ensure fully compliant and timely quarterly reviews and statutory audit closure

Fund Performance :

- Regularly assess the performance of real estate funds by evaluating metrics such as return on investment (ROI), net asset value (NAV), and internal rate of return (IRR).

- Generate comprehensive fund performance reports that highlight key performance indicators to investors and stakeholders.

- Recommend strategies for optimizing fund performance, such as asset allocation adjustments or investment diversification.

Risk Management :

- Identify potential financial risks associated with fund management and real estate investments, including market risks, credit risks, and liquidity risks.

- Develop risk mitigation strategies and action plans to minimize the impact of identified risks on fund performance.

- Maintain a comprehensive risk register and regularly update it to reflect changing risk profiles.

Compliance :

- Ensure compliance with all relevant financial regulations, including SEBI regulations, direct and indirect tax laws, and accounting standards.

- Oversee the preparation of financial statements and reports in accordance with Generally Accepted Accounting Principles

- (GAAP) or International Financial Reporting Standards (IFRS).

- Conduct periodic audits and internal reviews to verify compliance and address any compliance issues promptly.

Strategic Planning :

- Collaborate with senior management to analyze financial data and provide insights for strategic decision-making.

- Assist in the development of long-term financial plans and investment strategies to achieve organizational goals.

- Present financial forecasts, investment opportunities, and risk assessments to support strategic planning discussions.

Team Leadership :

- Provide clear direction and objectives to the finance team, ensuring alignment with the organizations financial goals.

- Foster a culture of continuous learning and development, encouraging team members to enhance their skills and expertise.

- Evaluate team performance and provide regular feedback, coaching, and mentorship to achieve a high-performing finance team.

Investor Relations :

- Establish and maintain strong relationships with investors, Banks, addressing their inquiries and concerns promptly and professionally.

- Provide regular updates to investors on fund performance, financial outlook, and strategic initiatives.

- Collaborate with the investor relations team to organize investor meetings, presentations, and reports to enhance transparency and trust.

Budget Management :

- Collaborate with project managers/CPO and stakeholders to develop detailed project budgets for real estate development initiatives.

- Monitor project expenses and variances against budgets, proactively identifying and addressing any budget overruns.

- Provide regular budget performance reports to senior management, highlighting areas for cost-saving opportunities.

Preferred candidate profile :

- Bachelors degree in Finance & Accounting.

- This role requires a Chartered Accountant from ICAI.

- CPA, CFA, or other relevant professional certifications are a plus.

- 6-8 years of progressive finance and accounting experience.

- Substantial exposure to financial and fund management within a Real Estate Development company.

- Proven track record in financial planning, analysis, and reporting.

- Strong expertise in financial modeling and forecasting.

- Experience in managing financial teams and cross-functional collaboration.

- Thorough knowledge of real estate finance and investment strategies.

- Proficiency in relevant financial software and tools, preferably SAP.