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Financial Controller
Financial ControllerRidhira Group - Building World's largest Wellness Communities • India
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Financial Controller

Financial Controller

Ridhira Group - Building World's largest Wellness Communities • India
1 day ago
Job description

Job 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 Responsibilities

1. Financial 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.

2. 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 .
  • 3. 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.
  • 4. 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.
  • 5. 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.
  • 6. 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.
  • 7. 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.
  • Required Skills & Experience

    Requirement Standard Experience 10- 18+ years strictly from a hardcore real estate finance background IndustryReal Estate Development (Residential, Luxury, Villas, High-Rise, Gated Communities, EducationCA strongly preferred; MBA Finance / ICWA optional if backed by strong real estate experienceSoftware ExpertiseTally ERP / SAP / Zoho / FAR / RERA tools / CRM-Finance integrationSpecializationsRERA 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
  • Apply Now :

    📧 Email : anusha@ridhira.com

    📱 WhatsApp CV : +91 7386688223

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