Position: Financial Controller
Experience: 10 to 15 years
- Bachelors degree in Finance, Accounting, or a related field (MBA preferred).
- CA, CPA, CFA, or other relevant professional certifications are a plus. [This role has to be a Indian CA]
- 10-15 years of progressive finance and accounting experience.
- Substantial exposure to financial and fund management within a Real Estate Development company.
- Proven track record in financial planning, analysis, and reporting.
- Strong expertise in financial modeling and forecasting.
- Experience in managing financial teams and cross-functional collaboration.
- Thorough knowledge of real estate finance and investment strategies.
- Proficiency in relevant financial software and tools, preferably SAP.
Ensure timely and accurate preparation of financial statements, including income statements, balance sheets, and cash flow statements .
Supervise the accounting team to validate and reconcile financial data, ensuring accuracy and compliance with accounting standards.
Submit required financial reports to regulatory bodies and investors within specified deadlines.
Ensure fully compliant and timely quarterly reviews and statutory audit closure
Regularly assess the performance of real estate funds by evaluating metrics such as return on investment (ROI), net asset value (NAV), and internal rate of return (IRR).
Generate comprehensive fund performance reports that highlight key performance indicators to investors and stakeholders.
Recommend strategies for optimizing fund performance, such as asset allocation adjustments or investment diversification.
Identify potential financial risks associated with fund management and real estate investments, including market risks, credit risks, and liquidity risks.
Develop risk mitigation strategies and action plans to minimize the impact of identified risks on fund performance.
Maintain a comprehensive risk register and regularly update it to reflect changing risk profiles.
Ensure compliance with all relevant financial regulations, including SEBI regulations, direct and indirect tax laws, and accounting standards.
Oversee the preparation of financial statements and reports in accordance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
Conduct periodic audits and internal reviews to verify compliance and address any compliance issues promptly.
Collaborate with senior management to analyze financial data and provide insights for strategic decision-making.
Assist in the development of long-term financial plans and investment strategies to achieve organizational goals.
Present financial forecasts, investment opportunities, and risk assessments to support strategic planning discussions.
Provide clear direction and objectives to the finance team, ensuring alignment with the organizations financial goals.
Foster a culture of continuous learning and development, encouraging team members to enhance their skills and expertise.
Evaluate team performance and provide regular feedback, coaching, and mentorship to achieve a high-performing finance team.
Establish and maintain strong relationships with investors, Banks, addressing their inquiries and concerns promptly and professionally.
Provide regular updates to investors on fund performance, financial outlook, and strategic initiatives.
Collaborate with the investor relations team to organize investor meetings, presentations, and reports to enhance transparency and trust.
Collaborate with project managers/CPO and stakeholders to develop detailed project budgets for real estate development initiatives.
Monitor project expenses and variances against budgets, proactively identifying and addressing any budget overruns.
Provide regular budget performance reports to senior management, highlighting areas for cost-saving opportunities.
Key Behavioral Capabilities
Strategic Vision: Ability to think strategically and align financial objectives with the organization\'s long-term goals.
Analytical Skills: Strong analytical and problem-solving abilities to make data-driven decisions.
Leadership: Proven leadership skills, with the ability to inspire and develop a high-performing financial team.
Communication: Excellent communication skills, both written and verbal, for effective reporting and presentation of financial data.
Adaptability: Flexibility to adapt to changing business conditions and priorities.
Integrity: Commitment to maintaining the highest ethical standards in financial management and reporting.