Financial Controller

5 days ago


Bengaluru, Karnataka, India MAIA Estates Full time
JOB DESCRIPTION15+ years of experience – Finance ControllerABOUT MAIA ESTATESAt MAIA, we don't just build real estate - we build trust, aspirations, and future-forward lifestyles. Established in 2016 by Mayank Ruia in partnership with the Manipal Group, MAIA Estates is redefining the real estate narrative in India through a distinctive blend of intelligent design, meticulous planning, and conscious development.In under a decade, we've earned recognition from prestigious global institutions including the International Property Awards, Asia Pacific Property Awards, and Luxury Lifestyle Awards — but what drives us is deeper: a relentless pursuit of excellence, an unwavering commitment to transparency, and a belief that thoughtful design can meaningfully shape the way people live.With a portfolio that reflects both innovation and integrity, MAIA has emerged as one of Bangalore's most respected names in premium residential and commercial real estate. Every space we create is a testament to our core philosophy that true luxury is crafted with purpose, precision, and a deep sense of responsibility.Our Founder and CEO, Mayank Ruia, brings over 20 years of global expertise in finance and real estate, with a track record that includes the planning and development of over 7.8 million square feet of residential real estate in Bengaluru and other cities, with marquee developments such as the 27 Summit, Pelican Grove, Kessaku, One Bangalore West, amongst others. His leadership, honed through tenures at Goldman Sachs, UBS, and Everstone Capital, is rooted in customer-centric thinking and operational excellence.Joining MAIA means stepping into a culture that values bold ideas, meticulous execution, and long-term sustainable impact. We're not here to follow trends, we're here to set them. We're not just building for today; we're building for the future.So, if you're looking to be part of a company and where purpose, performance, and passion go hand in hand - MAIA is where your next chapter begins. FLAGSHIP PROJECT27 Summit – MAIA's flagship residential development off Richmond Road, Central Bangalore ( Beacon – MAIA's first commercial development on the banks of Nagavara Lake, North BangaloreCasa Sia – MAIA's entry into Chennai at Parathasarathy Garden, off Poes Garden, Central Chennai ( Grove – MAIA's debut residential development on the banks of Jakkur Lake, North Bangalore ( Gardens – MAIA's next chapter on the banks of Jakkur Lake, North BangaloreThe Seven – MAIA's foray into South Bangalore, nestled in historic Basavanagudi's cultural coreCORPORATE OFFICE LOCATIONUlsoor Road, Central BangaloreOUR PEOPLE FIRST STRATEGY A sense of autonomy in your domain of work A greater purpose Accelerated career growth for top performers Competitive total rewards packageYOUR IMPACTWe are seeking a senior Finance professional to oversee all financial operations for our Residential and Commercial portfolios. This leadership role requires expertise in finance, accounting, real estate, and tax compliance. The ideal candidate will have a proven track record of managing complex financial systems, ensuring compliance, and driving strategic financial decisions.MINIMUM QUALIFICATION Chartered Accountant 15+ years of experience in Finance & Accounts, preferably with a background in Real EstateKEY RESPONSIBILITIESFinance and Accounting Operations:
• Lead and manage all financial and accounting operations for the Residential portfolio.
• Oversee the overall financial operations of the Commercial portfolio, ensuring effective financial management and alignment with business objectives.Internal Control and Compliance:
• Upgrade or Design, implement, and maintain a robust internal control system to ensure financial integrity and safeguard company assets.
• Conduct regular testing of internal controls and take corrective actions as needed to ensure adherence to compliance standards.Debt Fund Management & Banking Relationships:
• Act as the primary liaison with banks and financial institutions to raise debt funds for the portfolios, ensuring timely loan servicing and optimal management of credit facilities.
• Foster strong relationships with corporate banking partners to ensure smooth day to day operations and cater to ad-hoc requests.Data Management & Reporting Systems:
• Maintain a comprehensive financial database and ensure efficient ERP to meet the requirements of internal stakeholders, investors, and equity partners.
• Ensure adherence to high standards of corporate governance and meet both regular and ad-hoc compliance needs.Team Management:
• Lead and mentor the Accounts and Finance team to ensure smooth operations and adherence to best practices. This role will require to manage and lead a team of 5-6 professionals.Tax Compliance & Regulatory Adherence:
• Ensure timely and accurate compliance with tax regulations, including TDS, GST, PT, PF, ESI, and other applicable provisions. Liaison with various consultants/CA firms for ensuring proper compliance.
• Stay updated on evolving tax laws and regulations to ensure the organization remains compliant.
• Group Level tax planningFinancial Planning and Monitoring:
• Monitor and manage financial inflows and outflows at both the portfolio and entity levels, ensuring that financial activities align with budgeted targets and business objectives.Management Reporting:
• Ensure Timely and accurate monthly Management Information System (MIS) reports to senior management, offering insights into financial performance, trends, and key metrics.Auditor Relations and Audit Management:
• Manage relationships with internal and statutory auditors (including Big 4 or equivalent firms), ensuring efficient audits and timely resolution of any audit queries.
• Facilitate the preparation of annual financial statements and ensure compliance with accounting standards.Real Estate Structures & Financial Instruments:
• Ability to understand various financial instruments and real estate structures (e.g., JDAs/JVs) along with their financial implications, including tax, GST, and accounting considerations.PERSONALITY Diligent Organized HardworkingSOFTWARE SKILLS Microsoft Office – Excel, Outlook, PPT (Intermediate)MAIA is proud to be an equal opportunity workplace and does not discriminate anyone on grounds of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity. At MAIA, we're committed to building a workforce that is more representative of the users we serve and creating a culture where everyone feels like they belong. Visit our website to learn more about our ethos and values.
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