Financial Controller
2 days ago
Job Title: Finance ControllerDepartment: Finance & AccountsLocation: Nanakaramguda / HyderabadCompany: Ridhira GroupReporting To: CFO / Managing DirectorRole OverviewThe 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 Responsibilities1. Financial Planning & BudgetingCreate 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.2. Project Finance & Fund ManagementTrack 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.3. Cost, Revenue & Margin ControlPerform 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.4. Accounts, Audit & ComplianceOversee 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.5. Sales, Customer & Collection CoordinationWork 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.6. Treasury & Risk ManagementMaintain 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.7. Reporting & LeadershipSubmit 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 & ExperienceRequirement Standard Experience 10- 18+ years strictly from a hardcore real estate finance backgroundIndustryReal Estate Development (Residential, Luxury, Villas, High-Rise, Gated Communities, EducationCA strongly preferred; MBA Finance / ICWA optional if backed by strong real estate experienceSoftware ExpertiseTally ERP / SAP / Zoho / FAR / RERA tools / CRM-Finance integrationSpecializationsRERA Finance, Project Escrow, Budget control, Contract billing, Fund planning & MISBehavioral CompetenciesStrong financial discipline and control mindsetExcellent analytical and risk assessment abilityExtremely detail-oriented and process-drivenHigh ownership, integrity and confidentialityLeadership, team motivation and stakeholder communication skillsAbility to work in a fast-paced, dynamic real estate environmentKey Performance Metrics (KPIs)Timely availability of cash for project executionCollection efficiency and receivable reductionBudget variance control and forecast accuracyTimely monthly/quarterly closing and complianceAudit issue closures & zero non-compliance observationsMIS and reporting accuracy for management decisionsApply Now:📧 Email: anusha@ridhira.com📱 WhatsApp CV: +91 7386688223
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