Assistant Vice President

Roles and Responsibilities

I. Strategic Financial Planning & Advisory

• Develop and implement a comprehensive financial strategy aligned with corporate and project growth.
• Provide financial insights and recommendations to the management team for strategic decision-making.
• Lead financial forecasting, scenario planning, and budget allocations to support sales targets, project execution, and expansion initiatives.
• Evaluate capital expenditure requirements, ROI analysis, and funding options for new projects.
• Align finance with business strategy, ensuring sustainable profitability and liquidity.

II. Financial Operations & Controls

• Oversee end-to-end financial operations, including payables, receivables, expense management, payroll coordination, and vendor payments.
• Implement strong internal controls to minimize errors, fraud, and regulatory non-compliance.
• Monitor project-wise accounting, ensuring accurate cost tracking and reporting for all ongoing real estate projects.
• Lead the automation of accounting processes using ERP / Tally / SAP to enhance efficiency and accuracy.

III. Budgeting, Forecasting & Fund Management

• Lead the annual, quarterly, and monthly budgeting process for corporate and project operations.
• Track budget variances and recommend corrective actions to optimize expenditure.
• Oversee fund allocation and cash flow planning, ensuring adequate liquidity for operations and project execution.
• Conduct financial scenario analysis to prepare for contingencies, market fluctuations, and regulatory changes.

IV. Financial Reporting & Analytics

• Prepare timely and accurate financial statements, including P&L, Balance Sheet, Cash Flow, and project-wise financial reports.
• Develop management dashboards highlighting key financial metrics such as revenue, costs, margins, liquidity, and ROI.
• Conduct variance analysis, trend analysis, and KPI reporting to identify opportunities for cost optimization and process improvement.
• Provide insights for stakeholder management, investor reporting, and regulatory compliance.

V. Risk Management & Compliance

• Ensure full compliance with statutory regulations, taxation laws, real estate regulations (RERA), and accounting standards (IND AS / IFRS).
• Implement financial risk assessment frameworks, including credit, liquidity, market, and operational risks.
• Monitor and report financial irregularities, audit findings, and regulatory risks to senior management.

VI. Leadership & Team Development

• Lead, mentor, and manage the finance and accounts teams across corporate and project offices.
• Develop capabilities of team members through training, standard operating procedures (SOPs), and knowledge sharing.
• Assign responsibilities, monitor performance, and ensure timely and accurate completion of all finance-related tasks.
• Promote a culture of accuracy, accountability, and continuous improvement in the finance function.

VII. Investor, Bank & Stakeholder Management

• Act as the primary point of contact for banks, financial institutions, investors, auditors, and regulatory authorities.
• Ensure transparent and accurate reporting to all stakeholders, building trust and credibility.
• Participate in fundraising, banking negotiations, project financing, and investor presentations.
• Maintain relationships with rating agencies, lenders, and statutory auditors to ensure smooth financial operations.

Key Working Relationships

Internal:

• Managing Director / CEO
• CFO / Group Head Finance
• Business Unit Heads (Projects, Sales, Marketing, Operations)
• Finance & Accounts Team
• Project Managers / Site Teams

External:

• Banks & Financial Institutions
• Statutory & Internal Auditors
• Investors & Stakeholders
• Regulatory Authorities
• Vendors & Contractors

Qualification & Experience

Essential:

• Chartered Accountant (CA) / CMA / MBA Finance / Postgraduate in Finance & Accounting
• 12–15 years of progressive finance experience, with 5–7 years in senior leadership roles
• Strong expertise in real estate finance, project accounting, fund management, budgeting, cash flow, and statutory compliance
• Demonstrated experience in strategic financial planning, stakeholder management, and team leadership

Desirable:

• ERP / Tally / SAP / MS Dynamics experience
• Knowledge of real estate accounting standards (RERA, IND AS / IFRS)
• Experience in capital raising, project financing, and financial modeling
• Exposure to investor relations, risk management, and process automation

Functional Competencies

• Strategic Financial Planning & Forecasting
• Project Accounting & Cost Management
• Payables & Receivables Management
• Budgeting & Variance Analysis
• Cash Flow & Fund Flow Management
• Financial Reporting & Analytics
• Risk Management & Compliance

Behavioral Competencies

• Strategic Thinking & Decision Making
• Leadership & Team Development
• Analytical & Problem-Solving Skills
• Communication & Stakeholder Management
• Integrity & Confidentiality
• Innovation & Continuous Improvement

Job Types: Full-time, Permanent

Pay: ₹837, ₹2,366,863.17 per year

Benefits:

• Health insurance
• Provident Fund

Application Question(s):

• Have you completed or are you currently pursuing CA / ICMAI / CMA?

Work Location: In person