Head - Department Accounts & Finance - Real Estate - CA

Description:

Job Title :

Head of Department Accounts & Finance - Real Estate

The Organization: RE NBFC Ventures Ltd is a listed entity on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), promoted by Mr Vijay Choraria. RE NBFC Ventures is involved in the development and management of real estate with a clear focus on developing various premium residential and commercial properties in Mumbai, Kolkata,Raipur and Chennai. RE NBFC has delivered projects of over 5 million sq. ft. across India , including the landmark Phoenix Market City in Chennai, a retail led, mixed-use development project. Additionally, the group has interests in financial services, engineering services travel and tours.

Job Purpose (Job Summary):

- The position is a key leadership role reporting to the Group CFO and plays a strategic role in the overall management of accounts and finance of all Real Estate projects across all Group Companies.

- The HOD Accounts & Finance Real Estate will primarily have a day-to-day responsibility for identifying process improvements, planning and implementing, building efficiency in managing and controlling all financial-related activities of the real estate projects along with generating MIS for the same.

- He will also be expected to take up a hands-on approach and direct responsibility for accounting, tax (direct & indirect), forecasting, strategic planning, legal advice, property & insurance management, advise on compliance for assigned companies. .

Key Responsibilities / Duties:

Finance & Accounting:

- Work as intermediate link between the accounts and finance sales & execution team for all Real Estate projects.

- Direct and oversee all aspects of the Finance & Accounting functions of the assigned companies.

- Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends & forecasts and manage processes for financial forecasting, budgets, consolidation and reporting.

Process Improvement & Operations:

- Identify and plug gaps in the accounts and finance and reporting practices in the assigned companies.

- Implement operational best practices.

- Take hands-on lead position for developing, implementing, and maintaining a comprehensive cost system.

- Establish and maintain strong relationships with senior executives to identify their needs and seek full range of business solutions.

Risk Management:

- Construct and monitor reliable control systems and ensure compliance with regulatory laws and rules for financial and tax reporting.

- Develop performance measures that support the company's strategic direction.

- Understand and mitigate key elements of the company's risk profile.

- Maintain appropriate insurance coverage.

- Ensure that record keeping meets the requirements of auditors and government agencies.

- Facilitate and ensure risk issues are reported to the management .

- Maintain relations with external auditors and investigate their findings and recommendations.

Education/Experience

- Chartered Accountant

- Exposure on other finance or any other analytical course

Work Experience / Knowledge:

- Minimum of 12 to 15 years of accounting & finance experience, out of which atleast 5 years should be heading the accounts and finance function of a mid sized Real estate company.

Skills / Other Personal Attributes Required:

- Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff in different geographies.

- Strong problem solving, analytical and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.

- High level of integrity and dependability with a strong sense of urgency and results-orientation.

- Must have excellent verbal & written communication skills.

- Must have proven ability in leadership role.

- Must have a good understanding of legal issues specific to the industry.

- Ability to work under pressure.

- Expert in Excel and other related software