Assistant Vice President - Finance Head - Real Estate

Department Icon Accounting & Finance
Posted: 3 months ago
12-18 years
Bhopal,Ahmedabad,Gujarat,MP
Accounting & Finance
work from office
Full Time

Posted: 3 months ago
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Job Description

Job Title : Assistant Vice President (AVP) - Finance

Function : Finance & Accounts

Project Type : A-Grade Office / Commercial Real Estate

Location : Ahmedabad, Bhopal

Role Purpose :

The Finance Head will be responsible for end-to-end financial management of an A-grade office real estate project, including financial planning, budgeting, accounting, taxation, compliance, cash flow management, lender coordination, and strategic financial support to the project and leadership teams.

Key Responsibilities :

1. Financial Planning & Control :

  • Lead annual budgeting, forecasting, and long-term financial planning for the office project
  • Monitor project cash flows, working capital, and funding requirements
  • Track financial performance against budgets and highlight variances with corrective actions
  • Support feasibility analysis, ROI, IRR, and scenario modeling for leasing and capex decisions

2. Accounting & Reporting :

  • Oversee project-level accounting, books of accounts, and financial closure
  • Ensure timely monthly, quarterly, and annual financial reporting
  • Prepare MIS reports for senior management and stakeholders
  • Ensure adherence to accounting standards (Ind AS / IFRS as applicable)

3. Taxation & Statutory Compliance :

  • Manage direct and indirect taxation (GST, TDS, corporate tax, etc.)
  • Coordinate with tax consultants for assessments, audits, and filings
  • Ensure compliance with all statutory, regulatory, and local authority requirements

4. Treasury & Funding :

  • Manage banking relationships, escrow accounts, and cash management
  • Coordinate with lenders for loan drawdowns, interest servicing, covenants, and reporting
  • Support refinancing, debt structuring, and negotiations with financial institutions

5. Project & Leasing Support :

  • Work closely with project, leasing, and asset management teams
  • Support lease structuring, CAM recovery, security deposits, and revenue recognition
  • Oversee billing, collections, tenant reconciliations, and vendor payments

6. Audit & Governance :

  • Lead internal and external audits at project level
  • Strengthen internal controls, SOPs, and risk management frameworks
  • Ensure compliance with company policies and governance standards

7. Team Leadership & Stakeholder Management :

  • Lead and mentor finance and accounts team at the project level
  • Coordinate with internal stakeholders, consultants, auditors, lenders, and JV partners
  • Act as a key finance partner to project leadership and corporate finance teams

Key Skills & Competencies :

  • Strong understanding of real estate finance, especially commercial office assets
  • Expertise in budgeting, cash flow management, and financial controls
  • In-depth knowledge of GST, taxation, and statutory compliance
  • Experience with project finance, lender coordination, and audits
  • Strong analytical, problem-solving, and stakeholder management skills
  • Hands-on experience with ERP systems (SAP / Oracle / similar)

Qualification & Experience :

  • CA / MBA (Finance) or equivalent professional qualification
  • 12 - 18 years of post-qualification experience
  • At least 6 - 15 years in commercial real estate / infrastructure / large project finance
  • Prior experience handling A-grade office assets preferred

Reporting To :

  • VP / SVP Finance or Chief Financial Officer (CFO)

Skills

Finance HeadFinancial PlanningBudgetingFinancial ReportingCAFinance And AccountsAccountingForecastingTreasuryFinancial OperationsAccountingAccountsBudgetingCapexStatutory ComplianceAccounting StandardsCash FlowCash Flow ManagementCash ManagementCollectionsErp SystemsFinance And AccountsFinancial ControlsInd AsErpIfrsReconciliationsRecoveryRevenue RecognitionCaCfoChief Financial OfficerFinanceBillingCash

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About Company

DB Corp Ltd (D B Corp) is India's leading print media company publishing newspapers like Dainik Bhaskar, Divya Bhaskar, Divya Marathi, and Saurashtra Samachar.

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