Senior Financial Manager Role

2 weeks ago

Kozhikode, Kerala, India beBeeFinancial Full time ₹ 15,00,000 - ₹ 20,00,000
Finance Leader Job Summary

This is a senior leadership role for a finance professional to oversee the financial planning, reporting, budgeting, compliance, and treasury functions of our organization.

The ideal candidate will have a strong background in construction accounting, with experience in managing project costing, billing cycles, and subcontractor accounts. They will also have excellent analytical, problem-solving, and decision-making skills, as well as strong leadership, team management, and effective communication abilities.

Key Responsibilities:
  • Lead the preparation of monthly, quarterly, and annual financial statements.
  • Ensure timely MIS reporting, variance analysis, and financial projections.
  • Monitor project-wise profitability and cash flow management.
  • Implement cost control measures to optimize project margins.
Budgeting & Forecasting:
  • Prepare annual budgets and forecasts in alignment with business objectives.
  • Monitor actual performance against budgets and provide actionable insights.
  • Track project-specific budgets and support project managers with financial data.
Project Accounting & Control:
  • Supervise accounting for construction projects including work-in-progress (WIP), billing, subcontractor accounts, and material reconciliations.
  • Ensure compliance with revenue recognition policies specific to construction contracts.
  • Manage contract accounting, retention money, and escalation claims.
Compliance & Audit:
  • Ensure compliance with all statutory requirements (Income Tax, GST, Companies Act, Labour Cess, PF, ESI, etc.).
  • Liaison with auditors, banks, financial institutions, and regulatory authorities.
  • Implement and monitor internal controls, policies, and procedures.
Treasury & Fund Management:
  • Manage cash flow requirements for ongoing and upcoming projects.
  • Maintain relationships with banks for working capital, term loans, and BG/LC facilities.
  • Monitor interest costs and optimize fund utilization.
Qualifications & Experience:
  • Qualification: Chartered Accountant (CA) / Cost Accountant (CMA) / MBA (Finance).
  • Experience: 12–18 years of experience in Finance & Accounts, with at least 5 years in a leadership role in the construction / infrastructure / real estate industry.
  • Hands-on experience with ERP/accounting systems -SAP preferred.
Key Skills & Competencies:
  • Strong knowledge of construction accounting standards (Ind AS/AS-7, revenue recognition, WIP, etc.).
  • Expertise in taxation, statutory compliances, and financial controls.
  • Proven ability to manage project costing, billing cycles, and subcontractor accounts.
  • Strong analytical, problem-solving, and decision-making skills.
  • Leadership, team management, and effective communication abilities.

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