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Job Description
We are seeking a sharp, commercially astute financial controller with a Qualified CA background and 15+ years of robust experience explicitly within the Real Estate Developer or large-scale Construction sector. Prior experience working directly with a Real Estate Developer is a strict mandatory requirement for this role. Unlike a traditional, back-end accounting or compliance-heavy role, this position serves as the critical financial anchor and strategic watchdog for our projects team. You will directly partner with project leaders, spearhead commercial negotiations, audit complex construction budgets, and maintain airtight control over project spend, cash outflows, and gross margins.
Key Roles and Responsibilities:
1) Budgetary Control & Capital Allocation - Budgetary Control: Conduct rigorous budgetary reviews, structural approvals, and comprehensive financial controls for all new and existing construction projects. - Budget Reviews: Review construction budgets deeply, identify immediate cost-saving opportunities, and perform detailed comparative cost benchmarks against other baseline projects. - Business Planning: Formulate future-focused business plans mapping out construction cash outflows, ensuring close alignment with corporate liquidity blueprints and execution milestones.
2) Bill Auditing, Variances & Cost Controls - Bill Verification: Audit and approve high-value project running account (RA) bills, validating physical site progress and material consumption against the approved Bill of Quantities (BOQ). - Variation Management: Scrutinize and aggressively challenge contract variations, extra item claims, or vendor escalations by keeping an active pulse on real-world material rates (steel, cement, finishes). - Technical Cost Control: Interact directly with site engineering and project teams to implement structural technical cost controls and immediately flag any unauthorized deviations from original scope.
3) Commercial Negotiations & Financial Performance - Commercial Negotiations: Lead and participate directly in high-stakes commercial negotiations with major contractors, sub-vendors, and consultants to extract optimal contract pricing and credit terms. - Spend Tracking: Monitor and govern total Construction Spend closely against target baselines to protect the financial viability of each site pipeline. - Gross Margin Management: Own project-level Gross Margin tracking, providing proactive early warnings to leadership before unexpected site overruns erode ultimate profitability.
4) Financial Planning & Governance - Business Reviews: Lead structured monthly and quarterly Business Reviews with project heads and senior organizational leadership. - Forecasting & Planning: Drive rolling forecasting and financial planning cycles to predict project cash calls and material purchase timing with high accuracy. - Variance Analysis: Conduct deep-dive variance analysis (Actual vs. Budgeted) on both spend and timelines, providing actionable mitigation playbooks to executive teams. - Compliance Verification: Verify 100% compliance with standard statutory frameworks, tax parameters, and internal audit guidelines across all assigned real estate portfolios.
Candidate Profile & Experience Required
- Must be a Qualified Chartered Accountant (CA).
- 15+ years of robust, core professional experience directly within Real Estate Developers or large-scale Real Estate Construction firms. Experience on the developers side is a must.
- Experience of sitting at the negotiation table and driving down vendor/contractor costs, rather than just executing back-end data processing.
- A strong financial backbone to constructively challenge project managers, quantity surveyors, and contractors regarding rates, variations, and wastage.
Skills
AccountingBudgetary ControlFinancial ControlsCost ControlData ProcessingAccountantCaChartered AccountantFinancial ControllerCashFinanceIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
We are one of India’s leading providers of comprehensive, seamless and integrated world class healthcare services. With a network of 14 hospitals, we offer treatment across all 29 specialties. We have 2300+ leading doctors with international level expertise who are committed to provide highest standards of medical excellence at a fraction of international costs. Our NABH and ISO accredited hospitals offer best in class services to our patients. We understand seeking medical treatment outside your home can be physically and mentally difficult. So at Max, we are eager to get you home!
We are one of India’s leading providers of integrated world class healthcare services. With a network of 17 hospitals, we offer treatment across all 30 specialties. We have 4800+ leading doctors with international level expertise.
Max Institute of Laparoscopic, Endoscopic and Bariatric Surgery under the Chairmanship of Padmashree Dr Pradeep Chowbey at Max Hospital, Saket, Delhi has taken a giant leap in Robotic surgery with the Next-Generation Robot- VERSIUS from Cambridge Medical Robotics. Dr Pradeep Chowbey and his team, hold a massive record of performing more than 90,000 major laparoscopic surgeries and have now pioneered the Next-generation robotic surgery. The vision is to provide cutting-edge technology for even common surgical conditions which till now has been restricted to only complex surgeries with other robots.
Versius is designed to provide Surgical excellence for common surgical conditions with all the advantages of laparoscopic surgery technique with 3-dimensional view, added precision, accuracy & safety. Versius can be used for all common surgical conditions like Gallbladder stones, Hernia, appendicitis, Gastro-esophageal reflux disease, Bariatric & Metabolic surgery (weight loss surgery), Fundoplication & other procedures.
Backed by Machine Learning & empowered by Artificial Intelligence, this next-generation robot enables a 3D view with a greater depth perception that empowers the surgeon to achieve greater precision with ease. Its robotic arms move up to 720 degrees for precise & efficient alignment which is not possible with a human arm.
Thirty years ago, the surgical fraternity witnessed a giant leap of faith from open to laparoscopic surgeries. It revolutionized the surgical landscape with the minimally invasive technique causing minimal pain, quick recovery and resumption of normal activities, excellent cosmetic results and shorter hospital stay. Patients could move around on the same day of surgery. It brought significant drop in post operative infection rates that were common due to long hospitalizations in open surgeries.
Now, with this next generation robot, the 3-dimesnional images and the easy maneuverability of the robotic arms, patient outcomes are achieved with greater precision and accuracy. This next-gen robot has an open console unlike other robots that have a tunnel like console and the surgeon does not have direct vision of the patient. However, Versius ensures the surgeon has a direct vision of the patient and has wholesome control with close monitoring of the minutest details of the patient during the surgery. The patient is up and about in a couple of hours after the surgery, can be discharged on the same/next day and resume normal diet and activities from the next day onwards. There is minimal/no blood loss and due to very small port sizes the patient gets excellent cosmetic results.
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