Financial Controller
2 days ago
Job Title: Finance Controller Department: Finance & Accounts Location: Nanakaramguda / Hyderabad Company: Ridhira Group Reporting To: CFO / Managing Director Role Overview The 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 Responsibilities 1. 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 & Experience Requirement Standard Experience 10- 18+ years strictly from a hardcore real estate finance background IndustryReal 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 & MIS Behavioral 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 environment Key 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 decisions Apply Now: Email: anusha@ridhira.com WhatsApp CV: +91 7386688223
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Financial Controller
2 weeks ago
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