Head Accounts and Finance
3 days ago
Role Overview:
The
Head of Accounts & Finance
will be responsible for leading the financial strategy, planning, operations, and management of the company. This senior leadership role requires a seasoned finance professional with extensive experience in the
real estate industry
, capable of overseeing all financial activities, ensuring compliance, optimizing financial performance, and providing strategic financial direction to support business growth and sustainability.
Key Responsibilities:
1. Financial Strategy & Planning:
- Develop and implement short-term and long-term financial strategies aligned with the companys goals.
- Lead annual budgeting, forecasting, and long-range financial planning.
- Conduct variance analysis and present financial insights to the leadership team for informed decision-making.
- Evaluate financial risks and develop mitigation strategies.
2. Accounting & Financial Reporting:
- Oversee accounting operations including general ledger, AP/AR, fixed assets, and payroll coordination.
- Ensure timely and accurate preparation of financial statements in compliance with Indian Accounting Standards (Ind AS).
- Supervise monthly, quarterly, and annual closing processes.
- Implement and monitor internal controls to safeguard company assets.
3. Finance Operations & Activities:
- Drive day-to-day finance operations including payment processing, vendor management, and reconciliations.
- Lead financial analysis related to cost management, pricing, capital expenditures, and financial modeling.
- Implement process improvements to enhance efficiency, accuracy, and transparency in financial operations.
- Oversee procurement-related financial approvals, vendor bill clearance, and contract compliance.
4. Taxation & Statutory Compliance:
- Ensure full compliance with all applicable laws and regulations including
GST, TDS, Income Tax, and RERA
. - Coordinate with auditors, tax consultants, and legal advisors for audits, filings, and assessments.
- Monitor regulatory changes and ensure timely updates to internal processes and policies.
5. Cash Flow & Fund Management:
- Monitor and manage daily, weekly, and monthly cash flows to ensure business liquidity and working capital adequacy.
- Handle treasury operations including fund allocation, investment planning, and interest rate optimization.
- Manage banking relationships, oversee fund raising, and ensure compliance with loan covenants and repayment schedules.
6. Project Financial Oversight:
- Collaborate with project and construction teams to develop and monitor
project budgets, cash flow forecasts, and cost controls
. - Analyze project-wise profitability and suggest corrective measures to improve margins.
- Ensure timely billing, collection tracking, and revenue recognition in line with progress.
7. MIS & Business Intelligence:
- Prepare and review periodic
MIS reports
, dashboards, financial models, and key performance metrics. - Support business decision-making with timely and accurate financial analysis and insight reports.
- Develop BI tools and reports for senior management to track financial and operational performance.
8. Team Leadership & Development:
- Build, lead, and mentor a high-performing finance and accounts team.
- Promote knowledge sharing, learning, and capability development.
- Conduct performance appraisals, skill-gap assessments, and succession planning.
Qualifications & Experience:
- Qualified Chartered Accountant (CA) preferred.
- 15+ years of progressive experience, with at least 5 years in a senior finance leadership role within the
real estate sector
. - Strong expertise in Indian accounting standards, taxation, regulatory compliance, and real estate financial structuring.
- Proficient in ERP systems (e.g., SAP, Tally, Microsoft Dynamics) and advanced Excel/financial modeling.
- Excellent analytical, problem-solving, and interpersonal skills with the ability to influence senior stakeholders.
CTC: Upto 20 LPA
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