Senior Finance Director

3 days ago

Allahabad, Uttar Pradesh, India beBeeFinancial Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Job Overview:

We are seeking a seasoned Finance Leader to oversee the financial planning, reporting, budgeting, compliance, and treasury functions of our organization. This role involves managing project accounting, ensuring adherence to statutory regulations, and supporting business growth through strong financial governance and cost control.

The ideal candidate will have a strong background in finance, excellent leadership skills, and the ability to drive financial discipline and transparency within the organization.

Key Responsibilities:

  • Lead the preparation of monthly, quarterly, and annual financial statements.
  • Ensure timely management information system (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.

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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