Title: Finance Controller.
Department:
Finance & Accounts.
Location:
Nanakaramguda / Hyderabad.
Company:
Ridhira Group.
Reporting To:
CFO / Managing Director.
Role Overview
The Finance Controller will lead end-to-end financial management, compliance, and strategic financial planning for the Group, with a strong focus on real estate project finance, cashflow control, and fund management.The ideal candidate must be a professional with a hardcore real estate finance background, and proven experience in managing financial operations of real estate development including townships, gated communities, villas, plotted development, high-rise, and/or luxury residential projects.
Key Planning & Budgeting
- Create annual financial plans & projections for real estate projects and group entities.
- Prepare & monitor project-wise budgets, RERA fund planning, and cost sheet controls.
- Optimize spending while ensuring adherence to business strategy.
Project Finance & Fund Management
- Track cashflows, receivables, project inflows & outflows with real-time accuracy.
- Manage project escrow accounts, RERA compliance accounts & financial structuring.
- Lead fund raising, bank loans, project financing, and working capital management.
Cost, Revenue & Margin Control
- Perform project profitability analysis (per tower/unit/phase).
- Track procurement cost variance, vendor payments, subcontractor billing & milestone certs.
- Highlight financial risks and recommend corrective actions proactively.
Accounts, Audit & Compliance
- Oversee monthly closing, financial statements, MIS reporting & consolidation.
- Ensure compliance with RERA, GST, Income Tax, ROC, audit standards and management controls.
- Liaise with internal & statutory auditors for annual and quarterly audits.
Sales, Customer & Collection Coordination
- Work closely with sales teams to track collections vs milestones vs agreements.
- Monitor payment schedules, demand letters, interest calculations & customer ledgers.
- Ensure alignment between CRM, sales operations & finance systems.
Treasury & Risk Management
- Maintain short-term and long-term treasury forecasts.
- Evaluate and manage financial risks with robust controls and reporting dashboards.
- Suggest financial restructuring models to improve ROE & project returns.
Reporting & Leadership
- Submit weekly/monthly MIS to CFO/Management (cashflow, revenue forecasts, budget utilization, project KPIs).
- Present financial insights for strategic decision-making, pricing planning, and business growth.
- Mentor & lead finance teams; develop strong internal financial discipline.
Standard Experience
Required Skills & Experience:
- 10-18+ years strictly from a hardcore real estate finance background
Industry: Real Estate Development (Residential, Luxury, Villas, High-Rise, Gated CommunitiesEducation: CA strongly preferred; MBA Finance / ICWA optional if backed by strong real estate experienceSoftware Expertise: Tally ERP / SAP / Zoho / FAR / RERA tools / CRM-Finance RERA Finance, Project Escrow, Budget control, Contract billing, Fund planning & MIS.
Behavioral Competencies
- Strong financial discipline and control mindset.
- Excellent analytical and risk assessment ability.
- Extremely detail-oriented and process-driven.
- High ownership, integrity and confidentiality.
- Leadership, team motivation and stakeholder communication skills.
- Ability to work in a fast-paced, dynamic real estate environment.
Key Performance Metrics (KPIs)
- Timely availability of cash for project execution.
- Collection efficiency and receivable reduction.
- Budget variance control and forecast accuracy.
- Timely monthly/quarterly closing and compliance.
- Audit issue closures & zero non-compliance observations.
- MIS and reporting accuracy for management decisions.
(ref:iimjobs.com)
