Posted by
Posted in
Banking & Finance
Job Code
1708010

Job Description:
We are seeking a highly accomplished Vice President Accounts & Finance with proven expertise in the Indian Real Estate sector. The incumbent will be a core member of the senior leadership team, responsible for spearheading all financial operations, ensuring strict compliance with Indian Accounting Standards (IND AS), and playing a pivotal role in the organisation's journey toward stock exchange listing on BSE/NSE. This is a high-impact role demanding both strategic vision and hands-on operational excellence.
KEY RESPONSIBILITIES:
A. Financial Leadership & Strategy:
- Lead and oversee all accounting and finance functions Financial Reporting, Taxation, Treasury, Budgeting, Audit, and Compliance.
- Develop and implement long-term financial strategies aligned with business growth plans and stakeholder expectations.
- Drive financial planning and analysis (FP&A) annual budgets, rolling forecasts, and variance analysis.
- Provide strategic financial insights and recommendations to the MD, CFO, and Board of Directors.
- Establish robust internal financial controls, SOPs, and governance frameworks across all business units.
B. IND AS Compliance & Financial Reporting:
- Ensure preparation and presentation of financial statements in full compliance with Indian Accounting Standards (IND AS), including:
i. IND AS 115 Revenue from Contracts with Customers (Real Estate project revenue recognition)
ii. IND AS 116 Leases; IND AS 109 Financial Instruments; IND AS 36 Impairment of Assets
iii. IND AS 110/111 Consolidated Financials, Joint Arrangements
- Lead and maintain the transition from IGAAP to IND AS framework; advise management on accounting policy decisions.
- Oversee consolidated financial statements for the group including subsidiaries, JVs, and SPVs.
- Liaise with Statutory, Internal, and Cost Auditors for timely and clean audits.
- Ensure compliance with SEBI Regulations, Companies Act 2013, and Income Tax Act provisions for listed/listing-bound entities.
C. IPO / Listing Readiness & Capital Markets:
- Own and drive the end-to-end process of preparing the company for BSE/NSE listing readiness assessment, due diligence, DRHP coordination.
- Work with Merchant Bankers, Legal Advisors, SEBI, exchange teams, and RTAs throughout the IPO process.
- Ensure SEBI-compliant, audit-ready financial statements as per ICDR Regulations for the required number of reporting years.
- Lead investor relations post-listing quarterly results, earnings calls, SEBI disclosures, and analyst briefings.
- Manage pre-IPO fund-raising including Private Equity, NCDs, structured debt, and working capital facilities.
- Coordinate with credit rating agencies; manage investment banker and institutional investor relationships.
D. Real Estate Finance & Project Accounting:
- Oversee project-level financial management for residential, commercial, and mixed-use developments.
- Manage JDA (Joint Development Agreement) accounting, JV accounting, land cost amortisation, and RERA-compliant escrow management.
- Supervise construction-stage accounting, WIP tracking, and project cost-to-completion analysis.
- Handle fund flow management, collections monitoring, and receivables tracking across all active projects.
- Ensure full RERA compliance escrow maintenance, quarterly fund utilisation reporting, and regulatory submissions.
E. Taxation, Treasury & Risk Management:
- Oversee all direct and indirect tax compliances Income Tax, GST (construction/real estate supply), TDS, and Advance Tax.
- Drive tax planning strategies to optimise the organisation's tax position within the legal framework.
- Manage treasury operations short and long-term borrowings, forex risk, cash flow planning, and banking relationships.
- Develop enterprise risk frameworks, hedging strategies, and financial risk registers.
F. Team Leadership & Stakeholder Engagement:
- Build, mentor, and lead a high-performing finance team of 20+ professionals across accounts, taxation, project finance, and compliance.
- Present financial results, business plans, and strategic recommendations to the Board, Audit Committee, and external stakeholders.
- Partner with Business Development, Sales, Legal, and Projects teams to enable informed commercial decision-making.
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Posted by
Posted in
Banking & Finance
Job Code
1708010