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12/02 HR
Director at Four A Consulting LLP

Views:318 Applications:86 Rec. Actions:Recruiter Actions:32

Unit Financial Controller - Real Estate (10-20 yrs)

Chennai Job Code: 891675

Title: Unit Finance Controller

Department / Division: Finance & Accounts

Position reports to: Centre Director

External Interface:

- Financial institutions/ Corporate bodies

- Auditors

- Statutory/ Regulatory agencies

- Retailers

- Vendors/ Agencies

Special Skills/Attributes

- In-depth Knowledge of Accounting Standards & Systems

- Understanding of Statutory/Regulatory Compliance Management

- Understanding of Financial Risk Management framework

- Principals of Tax Management

Overall Purpose/Objective Of the job

- Drive the financial planning and support the formulation of the short-term and medium-term business plan for the Center.


- Ensure operational efficiency and fiscal discipline by developing and implementing appropriate processes and systems in accordance with statutory requirements, corporate policies, and procedures

Key Responsibilities

- Develop the financial strategy, goals, and targets for the Centre in line with corporate philosophy and strategy

- Monitor compliance with set accounting and reporting standards as well as internal control systems defined by the Corporate to ensure timeliness and accuracy of accounting for the Center

- Ensure adherence to statutory compliances and ensuring proper documentation of all books of accounts, reports, lease, and revenue contracts

- Ensuring the collation, compilation, and preparation of Center annual budget requirement (both Capital and Operational expenditure) of various departments at the Center for the coming year and review the same

- Monitor the budget spending of each department at the Center

- on a regular basis by analyzing the planned Vs. actual spend and escalating any significant variance to the Center Director

- Ensure periodic auditing of Center's accounts, to ensure accuracy and compliance with internal and external accounting standards and ensuring compliance with all findings/ recommendations

- Ensure adherence to the Corporate insurance guidelines and provide coordination to ensure that the Center is adequately and cost-effectively insured against risks

- Ensure compliance with tax authority regulations and laws (pertaining to service tax) to ensure that the Centers finances are accurately and timely reported

- Responsible for collection of receivables from the retailers in case of significant delays/ disputes/ non-reconciliation of balances, etc.

- Manage Retailer Relationships by ensuring retailer set-up is done as per defined processes and review all necessary information for the retailer (commercial terms and agreement, etc.)

- Develop and leverage relationships with Banks, Financial Institutions, as well as liaise with legislative/ statutory bodies (service tax, excise, customs duty, etc.) for all compliance requirements and to create and maintain cordial relations

- Ensure verification of the bills raised by various service providers/ agencies to ensure all supporting & statutory documents are in place before approving the same for payment

Women-friendly workplace:

Maternity and Paternity Benefits

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