Lodha Ventures Group - Financial Controller - CA

About the company

THE HOUSE OF ABHINANDAN LODHA (HOABL)

We are a dynamic consumer tech brand that is disrupting land ownership by leveraging technology to make land, an age-old asset, young again. We're breaking old traditions and bringing land ownership into the 21st century, for now, and for generations to come. New Generation Land for the New Generation of India.

Peace of Land, Grounded in Technology

Our brand name is amongst the most recognized and respected names in real estate. And our promise to make land ownership easy, transparent, secure, and liquid through ground-breaking technology ensures a fundamental change in land ownership in India. There are few things in life that match the joy of doing something that no one has been able to do before. The joy of being a trailblazer who sets a path for others to follow. Setting standards and charting a path ahead for all the rest to follow. Candidates with an entrepreneurial mindset who not just push past the established boundaries, but also who can also carry the light into the unknown, and who have the vision to create what does not exist. The last time land changed so much; our country became independent. Come join the Revolution and become a part of history.

About the Role:

We are seeking a seasoned and strategic Chartered Accountant (CA) to join our team as Financial Controller (FC). In this critical leadership role, you will be responsible for all aspects of the company's financial health, driving strategic financial direction, and ensuring strong corporate governance. You will play a key role in supporting the company's growth and profitability through a combination of financial expertise, real estate industry knowledge, and strong leadership skills.

Reporting To: Group FC and Chairman

Your Key Responsibilities:

Strategic Financial Leadership:

- Partner with the Chairman, CEO and leadership team to develop and implement a long-term financial strategy aligned with the company's overall business objectives.

- Lead the development of the annual operating plan and financial budget, ensuring alignment with the strategic plan and incorporating industry benchmarks for real estate performance.

- Oversee all aspects of corporate finance, including capital structure optimization, debt financing, investor relations, and M&A activities (if applicable).

- Develop and implement a robust risk management framework, policies and procedures (SOPs), proactively identifying and mitigating potential financial and operational risks specific to the real estate industry.

- Analyze market trends and financing options to identify and evaluate potential new ventures and investments.

Financial Operations & Reporting:

- Lead the finance team in establishing and maintaining strong financial controls and internal reporting systems, ensuring compliance with Ind-AS and IGAAP standards.

- Oversee the accuracy and timeliness of financial reporting, including preparation of management accounts, annual reports, and financial statements for internal and external stakeholders.

- Coordinate the audit with internal and external auditors, ensuring a smooth and efficient process.

- Implement and maintain effective tax strategies to minimize tax liabilities while ensuring full compliance with all relevant regulations.

- Implement and oversee a robust Cash flow/ Working capital management system to optimize financial resources.

- Lead the implementation and optimization of an Enterprise Resource Planning (ERP) system to streamline financial processes.

Real Estate Expertise:

- Possess a comprehensive understanding of the dynamics of the real estate industry, including market trends, financing structures, and regulatory considerations specific to RERA.

- Conduct in-depth analysis of real estate investments to assess project feasibility, profitability, and potential risks, incorporating industry benchmarks.

- Develop and monitor key performance indicators (KPIs) specific to the real estate industry to track performance progress and identify areas for improvement.

- Stay informed of evolving real estate regulations and ensure company compliance with RERA.

Leadership & Communication:

- Provide strong leadership and mentorship to the finance team, fostering a culture of collaboration and continuous improvement.

- Maintain effective communication with the Chairman, Board of Directors, the Audit Committee, the investor community and Group Finance, presenting financial information clearly and concisely.

- Manage external relationships with lenders, banks, and other financial institutions.

Key Qualifications and Success Attributes

- Chartered Accountant (CA) designation with a minimum of 15-20 years of experience in senior financial leadership role within the real estate industry.

- Proven track record of leading and driving financial strategy in a real estate company

- Demonstrated expertise in financial planning, analysis, budgeting, and forecasting.

- Strong understanding of corporate finance principles, including capital structure optimization, debt financing, and investor relations.

- In-depth knowledge of Ind-AS and IGAAP accounting standards.

- Proven experience in implementing and maintaining strong financial controls and internal reporting systems.

- Experience with SOPs, policies & procedures, risk management frameworks and methodologies.

- Deep understanding of the real estate industry, including market trends, financing options, and RERA regulations.

- Excellent communication, presentation, and interpersonal skills.

- Strong leadership and team management capabilities.

Benefits:

- Competitive salary and benefits package.

- Opportunity to work in a dynamic and fast-paced environment.

- Make a significant impact on the company's financial performance and strategic direction