Head - Accounts & Finance

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

Job Type: Full-time

Pay: ₹120,000.00 - ₹160,500.00 per month

Benefits:

• Food provided

Education:

• Master's (Preferred)

Experience:

• Real Estate: 3 years (Required)
• Account management: 10 years (Required)
• Financial accounting: 10 years (Required)

Location:

• Manikonda, Hyderabad, Telangana (Required)

Work Location: In person