Financial Controller

4 days ago


Hyderabad, India Ridhira Group - Building World's largest Wellness Communities Full time

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 & 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.2. 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.3. 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.4. 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.5. 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.6. 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.7. 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 & 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 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 environmentKey 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 decisionsApply Now:Email: WhatsApp CV:



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