Description:

Job Title: Finance Controller.

Department: Finance & Accounts.

Location: Nanakaramguda / Hyderabad.

Company: Ridhira Group.

Reporting To: CFO / Managing Director.

Role Overview:

The Finance Controller will lead end-to-end financial management, compliance, and strategic financial planning for the Group, with a strong focus on real estate project finance, cashflow control, and fund management.

The ideal candidate must be a professional with a hardcore real estate finance background, and proven experience in managing financial operations of real estate development including townships, gated communities, villas, plotted development, high-rise, and/or luxury residential projects.

Key Responsibilities:

Financial Planning & Budgeting:

- Create annual financial plans & projections for real estate projects and group entities.

- Prepare & monitor project-wise budgets, RERA fund planning, and cost sheet controls.

- Optimize spending while ensuring adherence to business strategy.

Project Finance & Fund Management:

- Track cashflows, receivables, project inflows & outflows with real-time accuracy.

- Manage project escrow accounts, RERA compliance accounts & financial structuring.

- Lead fund raising, bank loans, project financing, and working capital management.

Cost, Revenue & Margin Control:

- Perform project profitability analysis (per tower/unit/phase).

- Track procurement cost variance, vendor payments, subcontractor billing & milestone certs.

- Highlight financial risks and recommend corrective actions proactively.

Accounts, Audit & Compliance:

- Oversee monthly closing, financial statements, MIS reporting & consolidation.

- Ensure compliance with RERA, GST, Income Tax, ROC, audit standards and management controls.

- Liaise with internal & statutory auditors for annual and quarterly audits.

Sales, Customer & Collection Coordination:

- Work closely with sales teams to track collections vs milestones vs agreements.

- Monitor payment schedules, demand letters, interest calculations & customer ledgers.

- Ensure alignment between CRM, sales operations & finance systems.

Treasury & Risk Management:

- Maintain short-term and long-term treasury forecasts.

- Evaluate and manage financial risks with robust controls and reporting dashboards.

- Suggest financial restructuring models to improve ROE & project returns.

Reporting & Leadership:

- Submit weekly/monthly MIS to CFO/Management (cashflow, revenue forecasts, budget utilization, project KPIs).

- Present financial insights for strategic decision-making, pricing planning, and business growth.

- Mentor & lead finance teams; develop strong internal financial discipline.

Required Skills & Experience:

Standard Experience:

- 10-18+ years strictly from a hardcore real estate finance background

Industry: Real Estate Development (Residential, Luxury, Villas, High-Rise, Gated Communities

Education: CA strongly preferred; MBA Finance / ICWA optional if backed by strong real estate experience

Software Expertise: Tally ERP / SAP / Zoho / FAR / RERA tools / CRM-Finance integration

Specializations: RERA Finance, Project Escrow, Budget control, Contract billing, Fund planning & MIS.

Behavioral Competencies:

- Strong financial discipline and control mindset.

- Excellent analytical and risk assessment ability.

- Extremely detail-oriented and process-driven.

- High ownership, integrity and confidentiality.

- Leadership, team motivation and stakeholder communication skills.

- Ability to work in a fast-paced, dynamic real estate environment.

Key Performance Metrics (KPIs):

- Timely availability of cash for project execution.

- Collection efficiency and receivable reduction.

- Budget variance control and forecast accuracy.

- Timely monthly/quarterly closing and compliance.

- Audit issue closures & zero non-compliance observations.

- MIS and reporting accuracy for management decisions.