FINANCE CONTROLLER
Real Estate Development | Bangalore
INDUSTRY
Real Estate
LOCATION
Bangalore
EXPERIENCE
12–18 Years
REPORTS TO
CFO
ABOUT THE ROLE
We are looking for an experienced Finance Controller to take end-to-end ownership of the company’s financial operations. This is a hands-on leadership role responsible for the accuracy, control, and integrity of all financial processes — spanning receivables, payables, book-keeping, budgeting, statutory compliance, and financial reporting — for a growing real estate development business.
KEY RESPONSIBILITIES
Financial Operations & Control
■ Own end-to-end control over Accounts Receivable (AR) and Accounts Payable (AP), ensuring timely collections, vendor payments, and reconciliation.
■ Oversee day-to-day book-keeping and ensure all transactions are accurately recorded in line with accounting standards and internal policies.
■ Establish and monitor internal financial controls to safeguard company assets and ensure process discipline across the finance function.
Budgeting & MIS
■ Drive the annual budgeting process across projects and cost centers.
■ Prepare and present monthly/quarterly Budget vs. Actual (BvA) analysis, highlighting variances and driving corrective action with project and business teams.
■ Provide management with timely, accurate MIS reports to support business decision-making.
Financial Reporting
■ Prepare accurate and timely standalone and consolidated financial statements (P&L, Balance Sheet, Cash Flow) in compliance with applicable accounting standards (Ind AS).
■ Ensure books are audit-ready at all times and support month-end/year-end closing processes.
Audit & Compliance
■ Coordinate and manage statutory, internal, and tax audits end-to-end, ensuring timely closure with minimal observations.
■ Ensure full compliance with GST (including project-specific real estate GST provisions) and TDS regulations — accurate computation, timely filing, and reconciliation.
■ Stay current with regulatory changes affecting real estate accounting and tax compliance (RERA-linked financial disclosures, related party transactions, etc.) and ensure the organization remains compliant.
Systems & Process
■ Work within an ERP environment to manage financial data, reporting, and controls; drive process improvements and automation where possible.
■ Partner with cross-functional teams (project, sales, procurement) to ensure financial discipline is embedded in operational workflows.
Team & Stakeholder Management
■ Lead and mentor the finance and accounts team, building capability and ensuring smooth day-to-day operations.
■ Liaise with external stakeholders — auditors, tax consultants, banks, and regulatory authorities — as needed.
CANDIDATE REQUIREMENTS
■ Experience: 12–18 years of progressive experience in finance/accounts, with at least a few years in a controllership or senior finance leadership role. Real estate/construction industry experience strongly preferred.
■ Education: CA or CA Inter preferred; however, strong hands-on experience in the areas above is mandatory.
■ Strong working knowledge of an ERP environment (SAP/Oracle/Tally/other real estate ERP platforms).
■ Sound expertise in AR/AP management, book-keeping, and financial statement preparation.
■ Strong command over GST and TDS regulations, including real estate-specific provisions.
■ Hands-on experience managing statutory and internal audits.
■ Proficient in budgeting, variance analysis, and MIS reporting.
■ Strong attention to detail and ownership mindset.
■ Ability to work closely with the CFO and senior leadership in a fast-growing, dynamic environment.
■ Good communication and stakeholder management skills.
WHAT WE OFFER
■ Opportunity to build and scale the finance function of a growing real estate development company.
■ Direct exposure to leadership and strategic decision-making.
■ Competitive compensation, commensurate with experience.