Finance Controller

3 months ago


Bengaluru Karnataka, India Modern Spaaces Full time

JOB DESCRIPTION FOR FINANCE CONTROLLER AT MODERN SPAACES

ABOUT MODERN SPAACES

Modern Spaaces, started in 2019, is an innovative real estate developer focused on integra ng quality architecture and sustainability across its projects. With over 2 million square feet sold, 3 million square feet under development and a future pipeline of 15 million square feet, the company showcases its robust capability, supported by young and dynamic management team and a dedicated workforce including over 100 engineers. Our portfolio highlights a commitment to community, technology, and nature, with successful ventures ranging from high-rise apartments to premium villas, emphasizing their growth and diverse project execution.

Backed by Kotak Bank, Tata Capital, and Bajaj Finance, Modern Spaaces is one of fastest growing real estate developer in Bangalore and is actively expanding its portfolio by offering residential apartments, villas, premium villas and plotted developments to its increasingly growing community of customers.

The founders of Modern Spaaces, Shravanth P Reddy, and Novin P Reddy believe that Modern Spaaces is a collection of people & the company is defined by its people. With this thought process, the broader management team is handpicked from leading firms such as Honeywell, Hotstar, Healthifyme, Scaler Academy and Zeiss India.

ABOUT THE ROLE - FINANCE CONTROLLER

As the Financial Controller at Modern Spaaces, you will steer our financial strategy and manage accounting operations. Your expertise will ensure our financial integrity and contribute to our continued growth. This role is pivotal in maintaining our reputation for quality, innovation, and sustainability in Bangalore's real estate sector.

WHY JOIN US:
Modern Spaaces offers a dynamic and innovative environment where you will be engaged in the latest real estate projects shaping the future of Bangalore’s infrastructure. You will have the opportunity to work with a team of dedicated professionals committed to excellence and growth. We value our employees and offer competitive salaries, benefits, and opportunities for professional development.

KEY RESPONSIBILITIES

 Lead all aspects of financial management, including accounting, budgeting, compliance, taxation, and reporting.

 Manage day-to-day accounting operations (Billing, A/R, A/P, GL, Cost Accounting, Revenue Recognition).

 Oversee cash flow planning and ensure availability of funds as needed.

 Anchor the project feasibility sign off process and continuously monitor the actual vs budgeted cost to highlight variances and work with key stakeholders to optimize profitability.

 Coordinate the audit process and liaise with external auditors and regulators.

 Ensure complete compliance with local, state, and central government reporting, taxation, and other statutory requirements.

 Review all contracts, understand implications for accounting and provide financial guidance to the business teams.

 Preparing and Publish timely monthly financial reports.

 Establish and enforce accounting standards and procedures; implement and monitor internal controls.

 Lead and mentor the accounting team to achieve excellence in financial management.

QUALIFICATIONS AND SKILL REQUIREMENTS

 Chartered Accountant (CA) with 6+ years of relevant experience.

 Prior experience in the real estate sector and a BIG4 firm is highly valued.

 Deep understanding of Generally Accepted Accounting Principles (GAAP).

 Exceptional communication, presentation, and interpersonal skills.

 Proficient with modern accounting software and ERP systems.

 Demonstrated analytical, reasoning, and problem-solving abilities.

 A strong ethical framework and integrity.

**Job Types**: Full-time, Permanent

**Salary**: ₹133,333.00 - ₹166,666.00 per year

**Benefits**:

- Health insurance
- Paid sick time

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

**Experience**:

- total work: 6 years (required)

Work Location: In person


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