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Finance Controller

Finance Controller

ConfidentialKolkata, Hyderabad / Secunderabad, Telangana, Mumbai
13 hours ago
Job description

RESPONSIBILITIES :

  • Fund Flow Management :
  • Oversee the fund flow across all entities to ensure liquidity and financial stability.
  • Coordinate with banks and financial institutions for loans, overdrafts, and other funding requirements.
  • Cash Flow Management :
  • Ensure cash flow statements are maintained for all entities.
  • Ensure sufficient cash flow to meet operational needs and obligations.
  • Financial Compliance and Financial Reporting
  • Ensure all financial reporting practices and statements are prepared accurately and submitted to the Management.
  • Minimize financial risk.
  • Aware of current processes, understanding company weaknesses, engaging employees with training, and openly communicating areas of opportunity to safeguard assets better.
  • Periodical Audits and Internal Controls.
  • Ensure conduct of periodical audits and exercise necessary controls
  • Strategic Planning
  • Financial Strategy Development - To develop financial strategies aligned with the companys long-term goals.
  • Resource Allocation - Efficient allocation of financial resources to maximize returns and support business growth.
  • Investment Analysis : Evaluating potential investments and advising on financial viability.
  • Present the business proposition to potential investors / lenders and act as an interface between the company and its potential investor / lender
  • Budgeting and Budget Allocation :
  • Budget Preparation :
  • Develop annual budgets for all entities of Adissia Developers Pvt Ltd .
  • Collaborate with department heads to forecast and allocate budgets based on organizational goals and financial analysis.
  • Budget Monitoring :
  • Monitor budget adherence and report variances.
  • Adjust budget allocations as necessary to meet financial objectives and operational needs.
  • Oversee the overall payments receivable and cost management.
  • Bank Reconciliation
  • Daily Reconciliation
  • Perform daily reconciliations of bank account balances against Tally account balances.
  • Identify and resolve any discrepancies promptly.

II. Professional Development :

Workshops / CWE :

  • Advanced financial modeling and valuation
  • Strategic financial management

    • Certifications :

  • Certified Real Estate Financial Analyst (CREFA)
  • Real Estate Investment Certification (REIC)
  • Regulatory Compliance and Taxation
  • Courses and Certifications :
  • GST Practitioner Certification
  • Taxation of Real Estate Transaction
  • Workshops / Seminars :
  • Updates on tax laws and compliance
  • Regulatory changes in the real estate sector
  • Professional Associations :
  • Membership in professional bodies like the Institute of Chartered Accountants of India (ICAI), Association of Chartered Certified Accountants (ACCA)
  • Conferences and Industry Events :
  • Attend industry conferences and real estate finance summits
  • Participate in webinars and online forums related to finance and real estate
  • Participate in Investor Commits.

    • III. Documentation :

  • Annual project budgets.
  • Investor Pitch documents
  • Monthly / quarterly profit and loss statements
  • Balance sheets.
  • Debtors and creditors aging reports.
  • TDS receivable and payable reports.
  • Loan and advance statements.
  • Monthly GST returns and filings.
  • Correspondence with Consultant on tax filing .
  • Copies of filed GST returns.
  • Documentation for compliance with financial regulations.
  • Records of filings and submissions to regulatory authorities.
  • Records of internal and statutory audit reports.
  • Detailed entries in Tally with narrations for all expenses.
  • RTGS / NEFT transaction records for payments made.
  • Daily bank account statements.
  • Documentation of any discrepancies and their resolutions.
  • Detailed annual budgets for all companies in the group.
  • Departmental budget forecasts and allocations.
  • Monthly / quarterly budget vs. actual expenditure reports.
  • Variance analysis reports.
  • Monthly fund flow statements for each entity.
  • Detailed cash flow statements prepared periodically.
  • Cash flow projections and analysis.

    • Skills Required

    financial strategy , Financial Reporting, Cash Flow Management, Risk Management, Auditing

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    Finance Controller • Kolkata, Hyderabad / Secunderabad, Telangana, Mumbai