Strategic Finance Director

3 days ago

Vellore, Tamil Nadu, India beBeeFinance Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Job Description

As a key member of our finance team, you will oversee financial planning, budgeting, compliance, and treasury functions. This role involves managing project accounting, ensuring adherence to statutory regulations, and supporting business growth through strong financial governance and cost control.

You will act as a strategic partner to management, ensuring financial discipline and transparency.

Key Responsibilities:
  • Prepare 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.
Financial Management & Reporting
  • Manage the preparation of accurate and timely financial reports for stakeholders.
  • Develop and implement effective financial planning and budgeting processes.
  • Provide actionable insights to support business decisions.
Budgeting & Forecasting
  • Collaborate with department heads to develop annual budgets and forecasts.
  • Monitor actual performance against budgets and provide recommendations for improvement.
  • Support project managers with financial data and analysis.
Project Accounting & Control
  • Oversee 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.
  • 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.
Team Leadership & Development
  • Lead and mentor the finance & accounts team across multiple project sites.
  • Build capabilities for financial discipline at the site and corporate levels.
  • Ensure timely closure of accounts at HO and site levels.

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